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Monday, September 16, 2024

FINANCE

The Story of Silver’s Future as Money Is Yet Untold

Silver’s near-term price trajectory remains uncertain amid choppy market conditions. Its future, however, looks bright. In addition to the white metal’s growing uses in high-tech and alternative energy industries, some silver bulls are banking on rising bullion demand by retail investors and a possible reinvigoration of its use as currency. The story...

Job Openings Soar, But Americans Have Not Gone Back to Work

(Casey Harper, The Center Square) Job openings continued to rise in July, even as unemployment rates remained elevated, federal jobs data released Wednesday show. The Bureau of Labor Statistics released the Job Openings and Labor Turnover Survey, which showed 10.9 million open jobs for the month of July, much higher than...

Ariz. Treasurer Divests Public Funds from Ben & Jerry’s Over Israel Boycott

(Cole Lauterbach, The Center Square) Arizona Treasurer Kimberly Yee is pulling the state’s public funds from a company over its decision to boycott Israel after multiple warnings. Yee announced Tuesday she had taken steps to eventually divest all public money from Unilever, the British corporation that owns ice cream maker Ben...

Soros Threatened by Rival Firm’s Chinese Venture; Begs Congress to Intervene

If George Soros were a leech and the United States, his parasitic host, China would be the red-eared sunfish waiting to gorge after the blood-letting. The billionaire oligarch's fortune is tied inextricably with the communist super-power, and the two have often found themselves aligned in the common cause of undermining...

REPORT: Amazon to Expand Censorship Practices to Prevent ‘Violence’

Amazon may expand censorship and content moderation practices in its web hosting and cloud services, according to an anonymously sourced report from Reuters. The sources claim that Amazon Web Services plans to adopt new definitions for content that would violate the company's cloud services and web hosting policies. The policies would...

Bond King Declares: Financial Assets Are ‘Garbage’

The gold market is flirting with a breakout to the upside. Prices have rallied more than $100 since putting in a seasonal low in August. More importantly, gold has shown signs of strength and is acting like it wants to break through this summer’s technical congestion to potentially make a...

Uber, Lyft to Cover Penalties for Drivers Sued Under Texas Anti-Abortion Law

(Associated Press) Ride-hailing companies Uber and Lyft said Friday they will cover the legal fees of any driver who is sued under the new law prohibiting most abortions in Texas. The Texas law bans abortions once medical professionals can detect cardiac activity, usually around six weeks and often before women know...

Lazy Leftists Lament Expiration of Ultra-Generous Unemployment Benefits

(Brad Polumbo, Foundation for Economic Education) Should unemployment welfare pay more than your typical job? Those familiar with the basic economics of how incentives work would say no. So would anyone with moral objections to taking wealth from others to finance others’ idleness. But with the federal supplement to unemployment benefits...

Woke CEOs Promise to Fund Abortions Outside Texas

(Headline USA) The chief executive of Tinder-owner Match Group has sharply criticized the new law prohibiting most abortions in Texas and says she is setting up a fund to help any Texas-based employees who need to seek an abortion outside the state. Rival dating app Bumble also criticized the law...

Hiring Falls Short of Expectations by a Half-Million Jobs in August

(Headline USA) America’s employers added just 235,000 jobs in August, a surprisingly weak gain after two months of robust hiring and the clearest sign to date that the delta variant’s spread has discouraged some people from flying, shopping and eating out. The August job growth the government reported Friday fell far...

Apple Delays Plan to Scan iPhones for Child Sex Abuse Images

(Headline USA) Apple said Friday it's delaying its plan to scan U.S. iPhones for images of child sexual abuse, saying it needs more time to refine the system before releasing it. The company had revealed last month that it was working on a tool to detect known images of child sexual...

Democrat Governor Says His Blue State’s Income Tax Rate Should Be ZERO

(Robert Davis, The Center Square) Colorado Gov. Jared Polis said the state's income tax “should be zero” during a panel discussion at a conservative conference on Friday. During the discussion hosted by the Steamboat Institute, a conservative non-profit group, Polis responded to a question about how the state should balance its economic growth with...
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