Wednesday, July 2, 2025

FINANCE

Tech Firm Fined $38.5K for ‘Whites-Only’ Job Listing Posted by Disgruntled Indian Recruiter

(Headline USA) A northern Virginia-based tech company is paying $38,500 to settle claims that it discriminated by posting a job listing seeking white, U.S.-born candidates for an opening as a business analyst. Ironically, it says the offensive listing was posted vindictively by an employee who was neither white nor U.S....

Woke Retailers Slash Prices in Last-Ditch Effort to Bail Out ‘Bidenomics’

(Headline USA) With the U.S. economy stuck in an inflationary holding pattern, one of the only ways to bring prices back down---short of the government stopping its aggressive spending and open-borders policies---is for the stores themselves to intervene. Biden has regularly barked at retailers to lower their prices, blaming "corporate...

Indian Gold Demand Rebounds During Important May Festival

(Mike Maharrey, Money Metals News Service) After a tepid March and April, Indian gold demand surged during an important May festival.  India ranks as the second-largest gold market in the world behind only China.  Moderating prices helped drive a resurgence in gold demand ahead of and during the Akshaya Tritiya festival...

Price Inflation Isn’t an Accident; It’s a Policy

(Mike Maharrey, Money Metals News Service) If you listen to government officials and central bankers talk about price inflation, you might think they don’t have the foggiest idea of what caused it. It might have been supply chain problems, or perhaps it was Putin’s fault. Maybe greedy corporations are...

Congress Moves against Totalitarian Central Bank Digital Currency

(Mike Gleason, Money Metals News Service) As hopes for rate cuts fade, metals markets are giving back some of their recent gains. On Wednesday, minutes from the Federal Reserve’s latest policy meeting showed central bankers are frustrated by the lack of progress on inflation. After several months of official inflation...

REPORT: Millennials Are ‘Quiet Vacationing’ Instead of Taking PTO

(Ben Sellers, Headline USA) With the Memorial Day weekend kicking off the vacation and travel season, as well as the opening of many a swimming pool, a recent report suggested that some remote workers might be giving their employers the short shrift while enjoying extra holiday benefits. The Harris Poll,...

Is Cracker Barrel’s #Girlboss CEO Trying to Make It the New Bud Light?

(Ben Sellers, Headline USA) Countless studies have confirmed that evil happens incrementally. Consider, if you will, Penn State's Milgram experiments of the early 196o, during which respondents were unwilling to administer a high dosage of electric shock to participants right off the bat, but they could be conditioned to do...

It’s Too Expensive to Even Eat at McDonald’s Under Biden

(Dmytro “Henry” Aleksandrov, Headline USA) It was recently revealed that Americans now can't even afford to eat fast food anymore, which is the result of the inflation that was caused by Joe Biden. In 2019, a Big Mac burger at McDonald’s cost $3.99, the Daily Wire reported. Fast Food Menu...

NCAA Reaches $2.8B Settlement in Deal to Compensate College Athletes

(Headline USA) The NCAA and the nation's five biggest conferences announced Thursday night that they have agreed to pay nearly $2.8 billion to settle a host of antitrust claims, a monumental decision that sets the stage for a groundbreaking revenue-sharing model that could start steering millions of dollars directly to...

Chris Ritchie on SilverCrest Metals: Leading the Way in Innovative Mining and Sound Money Practices

(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey interviewed Chris Ritchie, President of SilverCrest Metals.  SilverCrest Metals, headquartered in Vancouver, British Columbia, is a precious metals producer known for its efficient and cost-effective mining operations.  The discussion covered the company’s operations, financial strategies,...

DOJ Files Antitrust Suit Against Ticketmaster over Price-Gouging Concert Monopoly

(Headline USA) The Justice Department filed a sweeping antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment on Thursday, accusing them of running an illegal monopoly over live events in America—squelching competition and driving up prices for fans. The lawsuit, filed in federal court in Manhattan, was brought with 30...

Economics 101: Government Tinkering With Prices Is Like Hiding All of the Street Signs

(Mike Maharrey, Money Metals News Service) Governments constantly tinker with prices. Government people claim it's in our best interest, but price manipulation creates all kinds of unseen negative consequences. Sometimes governments set price ceilings, mandating that the cost of something can't rise above a certain level. One example we see...
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