Tuesday, December 2, 2025

FINANCE

Americans Throw Away Millions of Coins Because U.S. Money Is Junk!

(Mike Maharrey, Money Metals News Service) Americans throw away millions of dollars in coins every year. That's because American money is junk. But that wasn’t always the case. In an article published by the Wall Street Journal, Reworld, a Pennsylvania waste management facility, claimed that Americans toss about $68 million worth...

SCOTUS Lowers Bar for Discrimination Based on Forced Job Transfers

(Headline USA) The Supreme Court on Wednesday made it easier for workers who are transferred from one job to another against their will to pursue job discrimination claims under federal civil rights law, even when they are not demoted or docked pay. Workers only have to show that the transfer...

Tesla Seeks to Restore Musk’s Pay Package that Was Voided by Judge

(Headline USA) Tesla is asking shareholders to restore a pay package---initually valued at $56 billion--- for CEO Elon Musk after it was rejected by a Delaware judge this year. The changes, to be voted on by stockholders at a June 13 annual meeting, also include a proposal to shift the...

Boeing Faces Senate Scrutiny in Back-to-Back Hearings on Safety Culture

(Headline USA) An engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, was taking manufacturing shortcuts that could lead to jetliners breaking apart. “They are putting out defective airplanes,” the engineer, Sam Salehpour, told members of a Senate subcommittee. Salehpour was testifying...

L.A. Mayor Karen Bass Begs Wealthy Elites to Buy Homes for Homeless

(Headline USA) During her State of the City address on Monday. Los Angeles Mayor Karen Bass begged wealthy residents to buy homes for the homeless. There are more than 40,000 homeless people in Los Angeles, according to the city. But instead of “hiding” them, “what we will do is house...

Solving the Complexities of Taxes, Precious Metals in Today’s Economy

(Money Metals News Service) In a recent episode of the "Money Medals Midweek Memo," host Mike Maharrey offered an in-depth look at tax day experiences, precious metals markets, and broader economic issues.  Mike began by sharing a personal anecdote about the burden of writing a significant check to the IRS...

If Fraud Were an Agency, It Would be Federal Government’s Sixth Largest

(Brett Rowland, The Center Square) U.S. taxpayers lose up to $521 billion a year to fraud across the federal government, according to a first-of-its-kind estimate. The U.S. Government Accountability Office estimated annual fraud costs taxpayers between $233 billion and $521 billion annually, according to a new report published Tuesday. The fraud estimate's...

When Will Gold & Silver Miners Start Believing in Their Product?

(Stefan Gleason, Money Metals News Service) Miners spend billions of dollars every year pulling precious metals out of the ground. They toil mightily for years on end to produce these stores of value – but then they turn right around and sell all their gold and silver immediately in...

Deja Vu All Over Again: Biden Admin Charts Another Massive Budget Deficit in March

(Mike Maharrey, Money Metals News Service) It was deja vu all over again. The Biden administration ran yet another massive budget deficit in March. Tax receipts were up last month compared to February, but so was spending. That led to a $236.46 billion budget shortfall, according to the latest Monthly Treasury...

Friday’s Silver Selloff May Have Been Great News for Silver Bulls!

(Mike Maharrey, Money Metals News Service) Silver endured a significant selloff last Friday. Was this another step forward in the bull market? This may seem counterintuitive, but GoldMoney founder James Turk thinks it was a positive sign for silver bulls.  The spot price of silver fell from just over $29.60 per...

Dog-Centric Airline to Feature In-Flight Squirrel Vids, Doggie Champagne

(Jacob Bruns, Headline USA) As American airlines continue to raise prices and cut amenities for flyers, a new airline is launching to respond to consumer needs. This airline, however, will prioritize not people, but dogs, Fast Company reported. Bark Air purports to be a dog-centric company, which allows humans to fly...

Biden Admin Jacks Up Cost for Oil, Gas Companies to Drill on Fed. Lands

(Headline USA) Oil and gas companies will have to pay more to drill on federal lands and satisfy stronger requirements to clean up old or abandoned wells under a final rule issued Friday by the Biden administration. The Interior Department's rule raises royalty rates for oil drilling by more than...
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