Thursday, May 1, 2025

FINANCE

India Gold Price Sets Records; Impacts Jewelry and Investment Demand

(Mike Maharrey, Money Metals News Service) After moderating in November and December, the price of gold has surged to new all-time highs in India to kick off 2025. Higher prices have weighed on gold jewelry demand but continue to support investment demand. India ranks as the world's second-largest gold market. Despite...

Gold Market Insights: Revaluation, Audits, and Arbitrage

(Money Metals News Service) In a recent Money Metals podcast, host Mike Maharrey interviewed gold market analyst Jan Nieuwenhuijs about critical topics impacting the gold market, including central bank gold revaluation, concerns about America's gold reserves, and significant arbitrage activities involving gold transfers from London to New York. (Interview Starts...

21 Feds Resign Rather than Help DOGE Streamline Government

(Headline USA) More than 20 civil service employees resigned Tuesday from billionaire Trump adviser Elon Musk's Department of Government Efficiency, saying they were refusing to use their technical expertise to help cut costs. “We swore to serve the American people and uphold our oath to the Constitution across presidential administrations,” the...

Bitcoin Slides to Pre-Trump Prices

(Headline USA) The price of bitcoin fell below $90,000 and other cryptocurrencies saw large drops Tuesday morning, erasing some of the gains digital assets have made since President Donald Trump took office on a pro-crypto agenda. Bitcoin, the world’s most popular cryptocurrency, was trading at about $89,000 as the U.S. stock...

Zelenskyy Says Ukraine Not in Debt to the US

(Dave DeCamp, Antiwar.com) On Sunday, Ukrainian President Volodymyr Zelenskyy pushed back on the terms of the rare earth minerals deal that the Trump administration wants him to sign, insisting Ukraine was not in debt to the US. President Trump has previously said that he wants a deal with Ukraine that would give the...

Stock Market Today: Wall Street Drifts Following Last Week’s Tumble

(Headline USA) U.S. stock indexes are drifting on Monday following their sharp losses from last week. The S&P 500 was up 0.1% in midday trading after flipping between small gains and losses through the morning. The relatively modest moves follow its 1.7% tumble on Friday, which followed several reports on the...

Sen. Blackburn: ‘Release Complete, Unredacted’ Epstein Files

(Casey Harper, The Center Square) Sen. Marsha Blackburn, R-Tenn., sent a letter to newly confirmed FBI Director Kash Patel and U.S. Attorney General Pam Bondi Monday calling for the release of the “complete, unredacted” files related to Jeffrey Epstein, the wealthy New York man of mystery accused of international sex...

Apple Announces $500 Billion American Investment over Next 4 Years

(The Center Square) – Apple announced Monday it plans to invest more than $500 billion in the U.S. over the next four years – its “largest-ever spend commitment.” “We are bullish on the future of American innovation, and we’re proud to build on our long-standing U.S. investments with this $500...

DOJ Seeks 27 Months in Prison for Ex-Homeland Security Official Who Committed Massive PPP Fraud

(Ken Silva, Headline USA) The Justice Department has asked a federal judge to sentence a former DC Homeland Security and U.S. Department of Agriculture official to 27 months in prison for perpetrating an $880,000 fraud on the COVID-era Paycheck Protection Program. According to the DOJ, the defendant, Wendy Nicole Villatoro, 40, formerly...

Warren Buffett Offers Donald Trump Some Advice While Celebrating Firm’s Success

(Headline USA)  In his annual letter to shareholders Saturday, Warren Buffett celebrated the successes of Berkshire Hathaway's companies last year and in the 60 years since he took over a struggling New England textile company and began converting it into a massive conglomerate while offering some advice to President...

Federal Agencies Disobey Order to Report Their Accomplishments

(Headline USA) Hundreds of thousands of federal workers have been given little more than 48 hours to explain what they accomplished over the last week, but many of them have signaled that they will not follow the order from billionaire Elon Musk, who’s speeding up his drive to slash the...

Trump to Eliminate Maine’s Federal Funding if Gov. Mills Continues Allowing Boys to Play Girls’ Sports

(Headline USA) President Donald Trump had harsh words for Maine's Democratic governor during a meeting of governors at the White House on Friday, with Gov. Janet Mills telling the Republican president, “We'll see you in court,” over his push to deny federal funding to the state because it continues to...
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