The gold market is flirting with a breakout to the upside. Prices have rallied more than $100 since putting in a seasonal low in August.
More importantly, gold has shown signs of strength and is acting like it wants to break through this summer’s technical congestion to potentially make a...
(Associated Press) Ride-hailing companies Uber and Lyft said Friday they will cover the legal fees of any driver who is sued under the new law prohibiting most abortions in Texas.
The Texas law bans abortions once medical professionals can detect cardiac activity, usually around six weeks and often before women know...
(Brad Polumbo, Foundation for Economic Education) Should unemployment welfare pay more than your typical job?
Those familiar with the basic economics of how incentives work would say no. So would anyone with moral objections to taking wealth from others to finance others’ idleness.
But with the federal supplement to unemployment benefits...
(Headline USA) The chief executive of Tinder-owner Match Group has sharply criticized the new law prohibiting most abortions in Texas and says she is setting up a fund to help any Texas-based employees who need to seek an abortion outside the state.
Rival dating app Bumble also criticized the law...
(Headline USA) America’s employers added just 235,000 jobs in August, a surprisingly weak gain after two months of robust hiring and the clearest sign to date that the delta variant’s spread has discouraged some people from flying, shopping and eating out.
The August job growth the government reported Friday fell far...
(Headline USA) Apple said Friday it's delaying its plan to scan U.S. iPhones for images of child sexual abuse, saying it needs more time to refine the system before releasing it.
The company had revealed last month that it was working on a tool to detect known images of child sexual...
(Robert Davis, The Center Square) Colorado Gov. Jared Polis said the state's income tax “should be zero” during a panel discussion at a conservative conference on Friday.
During the discussion hosted by the Steamboat Institute, a conservative non-profit group, Polis responded to a question about how the state should balance its economic growth with...
Mega investors have been talking up the merits of gold ownership lately.
For example, the billionaire hedge fund manager who executed the “greatest trade ever” in 2007 is now pounding the table about the opportunity in hard money.
John Paulson rose to fame during the subprime mortgage crisis of 2007-2008 when...
(Clint Siegner, Money Metals News Service) Clients often ask when they should sell precious metals.
We usually suggest one basic rule around the timing. After that, the decision to sell will depend upon whether your reasons for holding gold and silver have changed.
The basic rule is to avoid selling based on...
(Headline USA) The leftist administration in South Korea need not worry about a situation like that faced by former US President Donald Trump when he was deplatformed after the Jan. 6 Capitol uprising.
The Asian country’s National Assembly approved legislation on Tuesday that bans app store operators such as Google...
(Mike Gleason, Money Metals News Service) Precious metals markets are rallying on some early Friday remarks from Jerome Powell.
The Federal Reserve chairman is speaking at the Jackson Hole virtual gathering of central bankers Friday and Saturday, and he started off by emphasizing the view that high inflation readings will come...
(Headline USA) Growth in U.S. consumer spending slowed in July to a barely detectable increase of 0.3%, while inflation over the past 12 months hit its fastest pace in three decades.
Last month's spending was not even a third of the 1.1% rise in June, the Commerce Department reported Friday.
Consumer prices...