Monday, October 20, 2025

FINANCE

Biden Barks at Media over Inflation Coverage as Kamala Seeks Distance

(Headline USA) President Joe Biden once again snapped at reporters this week, demanding that they “start writing” positively about his economic policies. Biden made the comment during the Creator Economy Conference hosted at the White House on Wednesday. After initially refusing to answer questions from reporters, he decided to respond to...

Starbucks Offers New CEO a Massive $113M Package of Pay, Incentives

(Headline USA) In a bid to turn around its flagging fortunes, coffee giant Starbucks is offering a record-shattering package of pay and incentives in order to lure a highly sought-after chief executive away from Chipotle. Incoming Starbucks CEO Brian Niccol could make well in excess of $100 million in his...

Fetterman Hypocrisy Exposed over Failure to Disclose Kids’ Stock Portfolios

(Headline USA) Sen. John Fetterman, D-Pa., reportedly failed to comply with requirements to disclose his children’s stock portfolios despite supporting legislation that would ban lawmakers and their families from owning stocks. Senate ethics rules require senators to annually report “assets, transactions, gifts, travel reimbursements, and liabilities” received by their dependent children....

Meta Roils Leftists by Eliminating Longtime Censorship Tool CrowdTangle Ahead of Election

(Headline USA) Facebook and Instagram parent Meta Platforms has shut down CrowdTangle, a tool widely used by leftists to monitor social media posts and promote censorship on the company's social-media sites. Wednesday's shutdown, which Meta announced earlier this year, has been protested by several activist organizations hoping the Mark Zuckerberg-run...

MAHARREY: What’s So Great About 2% Inflation?

(Mike Maharrey, Money Metals News Service) Don’t be fooled when you hear “inflation is coming down.” That's not the plan and it never was. The fact is price inflation was up in July. And it will be up in August. And it will be up in September. That’s because rising price inflation is...

The U.S. Is Ready With a Gold Revaluation Mechanism Too

(Chris Powell, Money Metals News Service) In an interview this week with Mark Moss of Market Disruptors that is posted at YouTube, Luke Gromen of the Forest for the Trees financial letter notes something about the U.S. Treasury Department and Federal Reserve that has also been contemplated by other...

ST. ONGE: How Gold Can Save the Dollar

(Peter St. Onge, Money Metals News Service) Can we save the dollar before central banking kills it? Our deficits are now stuck at 8% of GDP — unprecedented in peacetime. And our national debt just hit $35 trillion — unprecedented in the history of man. Even the central bankers realize that...

Delta DEI Chief Cancels Non-Inclusive ‘Ladies and Gentlemen’

(Molly Bruns, Headline USA) Kyra Lynn Johnson, Delta Air Lines's chief officer for Diversity, Equity, Inclusion, & Social Impact, announced that the company was abandoning its use of the phrase "ladies and gentlemen" in gate announcements, according to Fox News Digital. Johnson first pitched the gate announcement change during a February...

Inflation Ticks Up in New Federal Data

(Casey Harper, The Center Square) Newly released federal inflation data showed that the Producer Price Index, a leading marker of inflation, rose last month. The U.S. Bureau of Labor Statistics released the data, which showed a 0.1% increase in July, part of a 2.2% increase in the previous 12 months. Notably,...

The Dumbest Ideas in Economics—and Why Sound Money Still Matters

(Money Metals News Service) In this week's edition of the Money Metals Midweek Memo, host Mike Maharrey tackled what he described as three of the "dumbest" ideas currently floating around in the realm of economics, all while battling a cold. Despite his illness, Maharrey made a compelling case against the...

Many Countries Turning to Gold as a ‘Stateless Currency’

(Mike Maharrey, Money Metals News Service) Many central banks are opting for a “stateless currency” – gold. That’s how a recent article published by Nikkei Asia put it, noting that “central banks are diversifying away from the dollar and yuan.” The article notes that the proportion of greenbacks in foreign...

Another Month, Another Massive Biden Budget Deficit

(Mike Maharrey, Money Metals News Service) A couple of weeks ago, the national debt blew past $35 trillion. There were a few articles bemoaning the ballooning debt, but no substantive calls to rein it in. Meanwhile, the Biden administration continues to spend America into oblivion. The July deficit came in...
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