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Thursday, November 14, 2024

FINANCE

Energy Metals Lead the Charge

Gold and silver aren’t the only viable plays in the metals space – and they aren’t currently the leaders. On Wednesday, both copper and platinum rallied up to multi-year highs. Rhodium, meanwhile, currently commands $21,000 per ounce – yes, per ounce – making it one of the most valuable elements...

Facebook, Twitter See Big Q4 Growth in Global Markets, Despite Alienating US Conservatives

In the fourth quarter of 2020, Facebook lost daily active users in the United States and Canada, though both total users and average revenue per user grew, Reclaim the Net reported. American and Canadian daily active users—people who log onto the platform every day—fell from 196 million in the third...

PepsiCo Shuts Down ‘Aunt Jemima’ Brand Name, Rebrands

(Associated Press) Aunt Jemima is making her last batch of pancakes. Quaker Oats said Tuesday that its Aunt Jemima brand pancake mix and syrup will be renamed Pearl Milling Company. Aunt Jemima products will continue to be sold until June, when the packaging will officially change over. Quaker Oats, a division of PepsiCo...

How Precious Metals Generate Positive Real Returns

One of the most bullish backdrops for precious metals is an environment of negative real interest rates – that is, when bonds and cash yield less than the inflation rate. With inflationary pressures picking up and the Federal Reserve showing no signs of lifting its benchmark rate anytime soon, real...

Trump Lost $2 Billion as President, but Still Donated Every Paycheck

At almost 70 years old, Donald Trump set aside a luxurious retirement to serve the American people, which cost him $2 billion during his tenure, the Washington Examiner reported. When Trump left office in January, his net worth was $2.5 billion—down from $4.5 billion when he decided to run for...

David Hogg Launching Pillow Company to Compete w/ Mike Lindell’s MyPillow?

Gun-control activist David Hogg said he plans to launch his own pillow company to compete with pro-Trump entrepreneur Mike Lindell’s popular MyPillow line. Mike the “my pillow guy” is commenting on his soon too be progressive competition in the form of a progressive pillow company @williamlegate and I are starting. This...

THE BIDEN EFFECT: US Employers Add Just 49K Jobs

(Headline USA) U.S employers added just 49,000 jobs in January, a sign that that the viral pandemic retains a tight grip on the economy as blue-state governors have kept their citizens under lockdowns, while President Joe Biden's campaign prediction of a "dark winter" is fulfilled. The tepid increase followed a decline...

Grocery Industry Suing Seattle Over Mandated Hazard-Pay Increase

(Associated Press) Two grocery industry trade groups have filed a lawsuit against the city of Seattle over its new law mandating $4 an hour pay raises for grocery stores. The suit was filed by the Northwest Grocery Association and the Washington Food Industry Association Wednesday in U.S. District Court in Seattle,...

Firearm Purchases Hit ‘Jaw-Dropping’ Record in January

More Americans purchased firearms in January than any other month on record, according to data from the FBI’s National Instant Criminal Background Check system. Firearms dealers conducted 4.3 million criminal background checks in January, an approximate reflection of the number of weapons purchased, the Epoch Times reported. There were about 4...

Vacant Manhattan Office Space Hits Highest Level Since 2000

The percentage of vacant office space in New York's City's borough of Manhattan reached its highest level since 2000, with 14.9% of all commercial spaces sitting empty in January, Bloomberg reported. Leases dropped 47% since last January, despite a seven-month decline in rental prices. Manhattan office spaces cost, on average,...

DeSantis Wants to Crack Down on Big Tech Censorship in Fla.

Florida Gov. Ron DeSantis became the first Republican governor to introduce legislation that would crack down on Big Tech and protect its users from censorship. Companies such as Facebook, Twitter, and Google have “changed from neutral platforms that provided Americans with the freedom to speak to enforcers of preferred narratives,”...

WILD Silver Market Swings: Fast Breaking News, What to Expect Next…

As extreme market conditions drive tremendous volatility in silver spot prices, buyers are exerting unprecedented pressures on retail physical bullion products. Record-setting buying volumes pushed the silver price toward a multi-year breakout on Monday. Silver hit an eight-year high of over $30/oz during the day, closing at $29.41. On Tuesday, however,...
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