Thursday, May 8, 2025

FINANCE

CNN Reaches $24.5M Settlement w/ Don Lemon

(Headline USA) Ousted CNN host Don Lemon will reportedly receive a $24.5 million payout from the network as part of a settlement reached nearly a year after his firing. The payout equals the amount Lemon would have been paid had he stayed on with CNN through the end of his contract,...

GOP Reps. Introduce Legislation to Restrict Tracking of Gun Purchases

(Ken Silva, Headline USA) Three House Republicans have introduced a bill that would restrict corporations and government agencies from tracking gun purchases made by law-abiding Americans. The Protecting Privacy in Purchases Act—introduced last week by Rep. Elise Stefanik, R-N.Y., alongside Reps. Richard Hudson, R-N.C., and Andy Barr, R-Ariz.—would ban the...

Trump Appeals $454M Judgement in N.Y. Lawfare Attack

(Christian Wade, The Center Square) Former President Donald Trump has appealed his $454 million New York civil fraud judgment, challenging a judge’s ruling that the GOP presidential front-runner lied about the value of his real-estate empire. Trump's lawyers filed a notice of appeal on Monday asking a state appeals court to...

FAA Report: Boeing’s Steps to Improve Safety Culture Have Helped but Don’t Go Far Enough

(Headline USA) When it comes to safety culture at Boeing, there is “a disconnect” between senior management and workers. However, employees responsible for checking the company's planes question whether they can raise issues without fear of retaliation, according to panel of outside experts. The aviation-industry and government experts also said safety...

Electric Vehicles’ Success May Rely on Renters, but Little Incentive Exists for Landlords

(Lauren Jessop, The Center Square) Affordability and charging access remain the biggest obstacles to consumer acceptance of electric vehicles and the government’s ambitious transition targets. These factors pose even greater challenges for a demographic that has been seemingly overlooked by policymakers---those residing in multiunit dwellings. “The transition to EVs in the...

Corporations Slow Price Hikes Due to Consumer Habits, Need to Assist Biden

(Headline USA) Inflation has changed the way many Americans shop. Now, some hope, those changes in consumer habits are helping bring down inflation. However, some prices will remain obstinately high---if not permanently so---as Treasury Secretary Janet Yellen has acknowledged, due to the Biden administration's slow reaction in addressing the issue,...

Central Bank Gold Buying Expected to Remain Hot Over Next Several Years

(Mike Maharrey, Money Metals News Service) Net central bank gold buying exceeded 1,000 tons two straight years, and commodity analysts at ANZ Bank expect central bank gold demand to continue hot for at least the next six years. central banks could purchase over 600 tons of gold annually until...

BuzzFeed Goes Broke, Sells Complex for $108.6M, Announces Layoffs

(Dmytro “Henry” Aleksandrov, Headline USA) BuzzFeed announced that it will lay off dozens of employees after selling Complex, just a little more than two years after buying the business. According to BuzzFeed's Feb. 21, 2024, press release, the sale will form a “new and wide-ranging destination for the future of commerce...

Hardware Store in Pelosis’ S.F. Neighborhood Now Requires Chaperone

(Headline USA) A store in San Francisco is requiring customers to shop with an employee escort in an effort to stop “rampant shoplifting.” Fredericksen's Hardware & Paint manager Sam Black told KRON4 that smash and grab robberies have become so frequent that the store has become a “dangerous” environment for both...

REPORT: IRS Spying on Bank Accounts w/ AI Program Run by DOJ

Editor's note: This article was written with assistance from artificial intelligence but was reviewed, curated and augmented by humans. (Ben Sellers and Copilot, Headline USA) The O’Keefe Media Group founded by former Project Veritas leader James O’Keefe, released a bombshell report Wednesday exposing the invasive practices at the Internal Revenue...

Libs of TikTok Exposes Title VII Workplace Discrimination at Microsoft

(Jacob Bruns, Headline USA) Libs of TikTok on Friday exposed glaring evidence of Title VII workplace discrimination at Microsoft, which openly admitted in its 2023 Diversity and Inclusion report that it intentionally paid white people less in order to achieve greater "equity." https://twitter.com/libsoftiktok/status/1760817144781021650 According to the report, the company penalized its...

Congress Has One Week to Approve Spending… or Closures Begin

(Mike Gleason, Money Metals News Service) As another potential government shutdown looms, precious metals markets continue to consolidate. Although big price breakouts in gold and silver aren’t materializing quite yet, bulls are seeing some signs of gathering strength in the metals space. Gold has successfully tested the $2,000 level multiple...
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