Monday, September 15, 2025

FINANCE

Zimbabwe Officials Already Looking to Inflate New Gold-Backed Currency

(Mike Maharrey, Money Metals News Service) Last month, Zimbabwe officials introduced a gold-backed currency in an effort to stabilize the country’s economy. At the time, I warned that a gold-backed currency would be a great step, but that it wasn’t going to solve Zimbabwe’s problems unless the government changed its...

OpenAI Forms Safety Committee, Starts Training New AI Model to Replace ChatGPT System

(Headline USA) OpenAI says it's setting up a safety and security committee and has begun training a new artificial intelligence model to supplant the GPT-4 system that underpins its ChatGPT chatbot. The San Francisco startup said in a blog post Tuesday that the committee will advise the full board on...

Ryan Salame, Part of ‘Inner Circle’ at Collapsed Crypto Exchange FTX, Sentenced to Prison

(Headline USA) A federal judge on Tuesday sentenced former FTX executive Ryan Salame to more than seven years in prison, the first of the lieutenants of failed cryptocurrency mogul Sam Bankman-Fried to receive jail time for their roles in the 2022 collapse of the cryptocurrency exchange. Salame, 30, was a...

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...
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