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Friday, March 14, 2025

FINANCE

McDonald’s Becomes Latest Company to Roll Back DEI

(Headline USA) McDonald’s is the latest company rolling back its diversity, equity, and inclusion initiatives in light of President-elect Donald Trump’s election. The fast-food giant announced the decision on Monday, saying it would retire specific diversity hiring goals and disband a program that required McDonald’s employees to undergo diversity trainings,...

Nvidia Unveils New AI-Powered Graphics Processor as Tech Rivals Try to Keep Pace

(Headline USA) In a packed Las Vegas arena, Nvidia founder Jensen Huang stood on stage and marveled over the crisp real-time computer graphics displayed on the screen behind him. He watched as a dark-haired woman walked through ornate gilded double doors and took in the rays of light that poured...

Central Bank Gold Grab Continued in Earnest in November

(Mike Maharrey, Money Metals News Service) After surging to the highest levels of 2024 in October, central bank gold buying continued in earnest in November. Based on the latest data collected by the World Gold Council, central banks added a net 53 tonnes of gold to their holdings in November....

Silver Is Rebounding Following Its Year-End Selloff

(Jesse Colombo, Money Metals News Service) Silver is making a strong comeback at the start of 2025, following a challenging year-end performance in 2024. There is good reason to suspect that bullion banks have deliberately driven gold and silver prices lower at the close of 2024 to "paint the charts"...

Trump Jr. Partners w/ Online Firearms Retailer After Merger

(Matthew Doarnberger, Headline USA) Following a merger that saw their company go public, online firearm retailer GrabAGun named Donald Trump Jr. as investor and advisor. GrabAGun announced Monday that they would be merging with Colombier Acquisition Corp II in order to enable the stock to be publicly traded. The value...

Trump Slams Washington Post for Made-Up Story on ‘Pared Back’ Tariffs

(Julianna Frieman, Headline USA) President-elect Donald Trump slammed the Washington Post on Monday for running what he called a "Fake News" story on "pared back" tariffs. Trump took aim at Washington Post economics reporter Jeff Stein's article titled "Trump aides ready 'universal' tariff plans—with one key change," which claims the president-elects...

New Year, Same Story For Gold

(Brien Lundin, Money Metals News Service) While the speculative fervor has temporarily abated for gold, the fundamental, long-term drivers continue to support the price. Every year at this time, we find ourselves having to think twice before writing a date. If you’re like me, you’re going to be writing 2024 in...

Gold and Silver Insights from Money Metals’ Stefan Gleason for 2025

(Money Metals News Service) The latest Money Metals Podcast featured a rich conversation between host Mike Maharrey and Stefan Gleason, President and CEO of Money Metals Exchange. Their discussion spanned 2024's gold and silver trends, business dynamics, and strategic advice for 2025. Here’s a detailed summary of key takeaways. (Interview...

Just How Good Was Gold in 2024?

(Mike Maharrey, Money Metals News Service) Gold was one of the best-performing asset classes in 2024, outgaining the red-hot U.S. stock market. People who follow financial news know that gold had a great year. Despite its typical apathy toward gold, even the mainstream was forced to sit up and take...

CES Showcases Top Trends in Electronics and Emerging Technologies (Including AI)

(Headline USA) CES, the annual trade show of all things tech, is upon us. The multi-day event, organized by the Consumer Technology Association, kicks off this week in Las Vegas—where swaths of the latest gadgets and advances across industries like personal tech, transportation, health care, sustainability and more are set to...

Nvidia Defies ‘Bubble Burst’ Projections, Continues to Drive AI Stocks Upward

(Headline USA) U.S. stock indexes were rising Monday morning to recover more of the holiday-season slide that bridged the new year. The S&P 500 was 0.8% higher in early trading and on track for a second straight gain following five straight losses---its longest losing streak since April. The Dow Jones Industrial Average was...

Everyday Economics: Signs of Slowing Economic Activity as Jobs Report Looms

(Orphe Divounguy, The Center Square) The upcoming week is filled with crucial economic data releases that will provide insight into the state of the U.S. economy as it transitions into 2025. A mix of labor market reports and key Fed communications will shift expectations about growth and Federal Reserve policy, resulting...
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