Thursday, April 17, 2025

FINANCE

Firearm Purchases Hit ‘Jaw-Dropping’ Record in January

More Americans purchased firearms in January than any other month on record, according to data from the FBI’s National Instant Criminal Background Check system. Firearms dealers conducted 4.3 million criminal background checks in January, an approximate reflection of the number of weapons purchased, the Epoch Times reported. There were about 4...

Vacant Manhattan Office Space Hits Highest Level Since 2000

The percentage of vacant office space in New York's City's borough of Manhattan reached its highest level since 2000, with 14.9% of all commercial spaces sitting empty in January, Bloomberg reported. Leases dropped 47% since last January, despite a seven-month decline in rental prices. Manhattan office spaces cost, on average,...

DeSantis Wants to Crack Down on Big Tech Censorship in Fla.

Florida Gov. Ron DeSantis became the first Republican governor to introduce legislation that would crack down on Big Tech and protect its users from censorship. Companies such as Facebook, Twitter, and Google have “changed from neutral platforms that provided Americans with the freedom to speak to enforcers of preferred narratives,”...

WILD Silver Market Swings: Fast Breaking News, What to Expect Next…

As extreme market conditions drive tremendous volatility in silver spot prices, buyers are exerting unprecedented pressures on retail physical bullion products. Record-setting buying volumes pushed the silver price toward a multi-year breakout on Monday. Silver hit an eight-year high of over $30/oz during the day, closing at $29.41. On Tuesday, however,...

Bezos Steps Away as CEO at Amazon, Citing Other Interests

(Headline USA) Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO---a role he's had for nearly 30 years---to become executive chairman, the company announced Tuesday. Bezos, 57, will be replaced in the fall...

Michigan Approves Permits for Great Lakes Oil Pipeline that Whitmer Wanted to Shut Down

(Headline USA) Michigan's environmental agency said Friday it has approved construction of an underground tunnel to house a replacement for a controversial oil pipeline in a channel linking two of the Great Lakes. The decision, a victory for Enbridge Inc., comes as the Canadian company resists Democratic Gov. Gretchen Whitmer's demand...

Two California Supermarkets Close After City Orders Pay Hike

(Associated Press) Kroger Co. will close two Southern California supermarkets in response to a local ordinance requiring extra pay for certain grocery employees working during the coronavirus pandemic. The decision announced by the company Monday follows a unanimous vote last month by the Long Beach City Council mandating a 120-day increase...

State Legislatures Eye Sound Money Reforms

(Jp Cortez, Sound Money Defense League) More state lawmakers than ever are introducing sound money legislation in the opening days of the 2021 legislative session. Several states will consider measures to remove sales or general excise taxes from the purchases of gold, silver, and other precious metals. Many other states will weigh...

#SilverSqueeze Underway?

(Clint Siegner, Money Metals News Service) The populist movement to punish Wall Street is turning its focus to silver. The markets may finally force more honest price discovery. That would certainly be welcomed by metals investors long frustrated by concerns about price suppression. Silver prices are pushed around by a handful of...

Silver is the New Gamestop: Price Boosted by Online Movement

(Associated Press) The price of silver is rallying as the online trading movement fueling the rise of unloved shares like GameStop took a shine to the precious metal. Silver futures jumped 11% on Monday to about $30 per ounce - an eight-year high - following strong gains over the weekend. On Twitter,...

GameStop Buyers Ready to ‘Burn It All Down’ to Punish Wall Street

(Headline USA) They've endured a financial crisis. Two deep recessions. Mounds of student debt. Stagnant pay. Costly health care. Dim job prospects. They've seen the uber-rich grow richer while tyrannical government shutdowns threw tens of millions of people out of work and left many more isolated and vulnerable at home. Now,...

GameStop Soars Again; Wall Street Bends Under the Pressure

(Headline USA) GameStop’s stock is back to the races Friday, and worries are growing about how much damage the frenzy over a handful of companies by Main Street investors will do to Wall Street overall. The S&P 500 dropped 2% and was heading for its worst week in months. GameStop shot up...
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