FINANCE

Woman Killed in Times Square Stabbing Worked for Bank of America

(Headline USA) The woman killed in a random stabbing in Times Square was a Bank of America employee, the bank confirmed Tuesday. Police identified her and the attacker, who was killed in a confrontation with officers shortly after the rampage. The woman who died, Erin Piacenti, 32, was one of...

Trump Says he’s Nominating Acting Navy Secretary Hung Cao for the Permanent Job

(Headline USA) President Donald Trump said Tuesday that he is nominating acting Navy Secretary Hung Cao for the permanent job, giving the Navy combat veteran the nod as concerns have emerged that some sailors have been stretched to the limit during the Iran war. Cao has been serving as acting...

These Dems Defied Congress in Cherfilus Probe. They Could Now Face Charges

(Luis Cornelio, Headline USA) The Democratic allies who allegedly refused to cooperate with the congressional probe into now-former Rep. Sheila Cherfilus-McCormick, D-Fla., may soon face criminal charges after being held in contempt of Congress. In a voice vote Tuesday, the House of Representatives approved contempt resolutions against North Miami Beach Mayor...

Kalshi Bans Ex-Congressman George Santos For Life

(Headline USA) The online prediction market platform Kalshi said Monday that it has permanently banned former U.S. Rep. George Santos for his bets on whether he'd attend the State of the Union address and has fined and temporarily banned North Carolina congressional candidate Laurie Buckhout for bets she now calls...

A Forever Gold Bull Market?

(Mike Maharrey, Money Metals News Service) How long will the gold bull market last? Forever. That’s the view of Ned Davis Research Chief Alternative Strategist John LaForge. Granted, he didn’t say “forever,” but that’s the implication of his comments on Kitco News. “I think prices peak when we learn how to deal with the debt...

Apple’s New CEO, John Ternus, Takes Over From Tim Cook After 15 years

(Headline USA) Apple's new CEO John Ternus takes the helm of the iconic tech giant on Tuesday, ending Tim Cook's 15-year tenure during which the company's value skyrocket to $4.6 trillion thanks to the iPhone's enormous popularity. The transition to a new CEO comes at a pivotal time for Apple. Artificial...

Feds Close Trucking Schools in Alleged Fraud Crackdown

(Jim Talamonti, The Center Square) Trump administration officials say they have ordered the emergency removal of 110 commercial driver’s license schools associated with more than 5,000 drivers who failed English language proficiency tests. They have also shutdown of 150 additional schools that claim to be certified but have unlicensed instructors...

Singapore Removes 5% Cap on Precious Metals Holdings in Certain Funds

(Mike Maharrey, Money Metals News Service) The Monetary Authority of Singapore has removed a 5 percent cap on precious metals holdings for investment funds and family offices regulated under Section 13O and Section 13U tax-exemption schemes. The move comes after many funds were forced to liquidate part of their gold...

Fed Chair Warsh Runs Open-Mouth Operations at Jackson Hole But Can He Deliver?

(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Kevin Warsh moved markets on Friday with his Jackson Hole speech, even though the central bank has yet to do anything to move inflation. Clearly, Warsh wants to convey a message. He’s tough on inflation, and the Fed will “deliver price...

Trump and Rodriguez Announce US-Venezuela Oil Deal

(Dave DeCamp, Antiwar.com) President Trump and Acting Venezuelan President Delcy Rodriguez have announced that Washington and Caracas have reached a major oil deal, which comes nearly nine months after the US attack on Venezuela to abduct President Nicolas Maduro. Trump first announced the new oil deal, writing on Truth Social on...

White House Operator Fined for Insider Trading

(Headline USA) A former White House teleprompter operator accused of using inside knowledge to make bets on the prediction market Kalshi has been ordered to turn over more than $100,000 in profits and pay a $65,000 fine as part of a settlement with federal authorities. The settlement with the Commodity Futures...

Peter Krauth Sees Silver Reaching $80 to $85 Before Year-End

(Money Metals News Service) Silver has decisively broken above the once-formidable $50 barrier, but Peter Krauth believes the bull market still has room to run. During a recent Money Metals podcast interview with host Mike Maharrey, Krauth argued that strong investment demand, industrial consumption, depleted exchange inventories, and emerging technologies continue to...
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