Friday, December 19, 2025

FINANCE

CIA’s 1st CTO: Agency ‘All In 100%’ on Harnessing the Power of AI

(Headline USA) Knowledge advantage can save lives, win wars and avert disaster. At the Central Intelligence Agency, basic artificial intelligence---machine learning and algorithms---has long served that mission. Now, generative AI is joining the effort. CIA Director William Burns says AI tech will augment humans, not replace them. The agency's first chief technology officer,...

Zombie Inflation and the Return of Rate Cuts: A Detailed Breakdown

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey dives into the current state of the economy, inflation, and the Federal Reserve's monetary policy.  Mike Maharrey describes inflation as a "zombie" that never truly dies. He likens the situation to a horror...

National Scholarship Backed by Gold for Exceptional College Students

(Money Metals News Service) For the ninth straight year, a national precious metals dealer is teaming up with the nation’s preeminent sound money policy group to help students pay for the ever-increasing costs associated with continuing education. Money Metals Exchange has partnered with the Sound Money Defense League to present...

Startup Raises $26M for Vaccine to Reduce Cow Farts (and Burps)

(Jacob Bruns, Headline USA) A startup company called ArkeaBio has raised more than $26 million in seed money to combat the perceived danger of cow farts, Feedstuffs reported. ArkeaBio is an agricultural biotechnology startup. The company plans to develop a vaccine for cows that reduces their total flatulence, in turn...

‘Shock Flavors’ Show Up to Meet Demands of Weirdo Gen-Z Consumers

(Headline USA) Van Leeuwen Ice Cream usually draws customers with gourmet takes on classics like vanilla and pistachio. But occasionally, the artisanal ice cream maker headquartered in New York slips in what it calls a “shock flavor,” like Hidden Valley Ranch or pizza. Surprising flavor combinations---think gravy-flavored Jones Soda or...

Red Lobster Seeks Bankruptcy Protection Days after Closing Dozens of Restaurants

(Headline USA) Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection. The 56-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants. “This restructuring is the best path forward for Red Lobster," CEO...

Chinese Gold Demand Charted Another Strong Month in April

(Mike Maharrey, Money Metals News Service) Despite a rising price, Chinese gold demand remained robust in April. Strong investment demand more than made up for some weakness in the gold jewelry market.  This continues a trend of gold moving from West to East.  China ranks as the number one gold consumer...

All That Glitters Isn’t Gold: Silver Has Outperformed Gold During This Gold Bull Run

(Mike Maharrey, Money Metals News Service) All that glitters isn’t gold. Silver also has quite a shine lately. While gold has gotten the headlines, silver has had a solid bull run over the last several months. In fact, the white metal has outperformed gold in this gold bull market. Last week,...

Microsoft Will Use AI Copilot to Track and ‘Recall’ Everything Windows Users Do

(Headline USA) Microsoft wants laptop users to get so comfortable with its artificial intelligence chatbot that it will remember everything you're doing on your computer and help figure out what you want to do next. The software giant on Monday revealed an upgraded version of Copilot, its AI assistant, as...

Senate Report: High-End European Autos Made w/ Parts from Chinese Slave Labor

(Headline USA) BMW, Jaguar Land Rover and Volkswagen have bought parts made by a Chinese company sanctioned under a 2021 law for using forced labor, a Senate inquiry found, prompting lawmakers to call for stricter enforcement. The automakers responded to the Senate report, released Monday, by saying they have taken action to...

End the Fed… and Replace It with What?

(Stefan Gleason, Money Metals News Service) Last week, Rep. Thomas Massie, R-Ky., introduced the Federal Reserve Board Abolition Act (HR 8421). The bill would do exactly as its title suggests: abolish the Fed. “Americans would be better off if the Federal Reserve did not exist,” Massie said. “The Fed devalues...

SIGNED INTO LAW: Alabama Abolishes Income Taxes on Gold and Silver

(Money Metals News Service) On May 14, 2024, Alabama Governor Kay Ivey signed a bill that removes all income taxes on capital gains from the sale of gold and silver, enabling the state to take an important step forward in reinforcing sound money principles. With this move, Alabama joins a...
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