(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(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...
(Headline USA) The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas.
“The Texas business community is greatly enhanced by Samsung’s announcement of a new $44 billion investment into cutting...
(Clint Siegner, Money Metals News Service) Money Metals Exchange does more than just talk about sound money. Our public policy initiative, the Sound Money Defense League, is leading the growing ranks of citizens seeking to advance the cause across the country.
Have a look at the latest grassroots victory for...