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Saturday, January 11, 2025

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How to Protect Yourself from Scammers Offering Fake Jobs

(Headline USA) Between finding openings, sending out your resume and interviewing, looking for a job is tough. Now a growing trend of scammers impersonating recruiters is making it even harder. In the last year, job scams have been on the rise, according to Eva Velasquez, president and CEO of the Identity Theft Resource...

Ex-Girlfriend of Sam Bankman-Fried Begins 2-Year Sentence for Role in FTX Fraud

(Headline USA) Caroline Ellison, a former top executive in Sam Bankman--Fried’s fallen FTX cryptocurrency empire, began her two-year prison sentence Thursday for her role in a fraud that cost investors, lenders and customers billions of dollars. Ellison, 30, reported to the federal prison in Danbury, Connecticut, according to the Federal Bureau...

Iconic Voice of AOL’s Early Internet Greeting Dies at 74

(Headline USA) Elwood Edwards, who voiced America Online’s ever-present “You’ve got mail” greeting, has died. He was 74. He died Tuesday at his home in New Bern, North Carolina, said his daughter Heather Edwards. The cause was complications from a stroke late last year, she said. Edwards taped his AOL greeting in...

Feds Sending Millions in Helene Funding for National Forests, Parks

(Derek Draplin, The Center Square) Federal lands in western North Carolina are set to receive more than $30 million in emergency funding for infrastructure repairs in the wake of Hurricane Helene. The funding comes as part of $43 million total that the U.S. Department of Transportation’s Federal Highway Administration is...

Trump Trolls Kamala, Offers to Pay Off Her Humiliating $20M Debt

(Luis Cornelio, Headline USA) President-elect Donald Trump responded to the humiliating news that Kamala Harris's defeated campaign is $20 million in debt following extravagant concerts and costly consulting payments.  In a Saturday post on Truth Social, Trump mockingly offered to help pay off the debt, boasting about his successful campaign’s surplus...

California’s New Gas, Diesel Fees to Boost Prices Nearly $0.50 a Gallon

(Kenneth Schrupp, The Center Square) Despite a rising tide of Democratic opposition and the majority of California counties voting for president-elect Donald Trump, California regulators voted to pass an estimated $105 billion in EV charging credits and $8 billion of hydrogen credits largely paid for by fees on gasoline...

Fed Chairman Powell Defiant in Response to Trump Election

(Mike Gleason, Money Metals News Service) It’s been a historic week in American politics as well as in financial markets. Following Donald Trump’s triumph at the ballot box, the S&P 500 spiked to a new record high. Investors were in part relieved that the presidential election resulted in a clear...

Europe Is Finalizing Preparations for a Gold Standard

(Jan Nieuwenhuijs, Money Metals News Service) Countries outside the eurozone but inside the European Union, i.e., those that one day might join the eurozone—like Poland, Hungary, and the Czech Republic, are positioning for a new gold standard. To prepare for a monetary system based on gold, they are buying gold...

MAHARREY: Fed Cuts Interest Rate; Powell Walks a Messaging Tightrope

(Mike Maharrey, Money Metals News Service) Unsurprising and bland. Those words pretty much sum up the November Federal Reserve meeting. As anticipated, the Fed cut interest rates by another quarter point. This sets the current interest rate in a range between 4.5 and 4.75 percent. The messaging coming out of the...

India Brings More Gold Home for Safe Keeping

(Mike Maharrey, Money Metals News Service) India has brought more of its gold home. Last spring, the Reserve Bank of India repatriated 100 tons of gold, moving it from the UK to vaults within India's borders. According to a report by the New Indian Express, the RBI recently moved another 102 tons...

Fed Reduces Rates Another Quarter-Percent, but Future Cuts Uncertain

(Headline USA) The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week. The rate cut follows a larger half-point reduction in September, and it...

‘Is It Framed In Gold?’: Joe Scarborough Learns the Price of Butter

(Julianna Frieman, Headline USA) MSNBC’s Joe Scarborough was visibly stunned Thursday morning when he learned the price of butter far exceeded his assumption. The Morning Joe host attempted to argue that the economy was a major factor in Vice President Kamala Harris’s loss against President-elect Donald Trump, citing an interaction he...
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