Monday, April 21, 2025

FINANCE

Walmart Removes Guns, Ammo on Display Due to Riots & Looting

(Headline USA) Walmart says it has removed ammunition and firearms from displays at its U.S. stores, citing “civil unrest" in some areas. The nation's largest retailer, based in Bentonville, Arkansas, sells firearms in about half of its 4,700 stores. “We have seen some isolated civil unrest and as we have done on...

V-SHAPED: US Economy Grew at Blistering 33% Rate in Q3

(Headline USA) The U.S. economy grew at a sizzling 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring, when the eruption of the coronavirus closed businesses and threw tens of millions out of work. The...

Jobless Claims Fall to 751,000

(Headline USA) The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March. Applications for unemployment aid fell 40,000 from the previous week, the Labor Department said Thursday. They fell in 30 states, including big drops in California, Florida and Texas. Claims rose in Arizona, Illinois, and Michigan. The...

Zuckerberg Donates $350M to Local Gov’ts, Which Helps Boost Dem Voter Turnout

Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, have spent $350 million to boost election turnout in heavily Democratic areas, which prompted lawsuits in four swing states. Zuckerberg and Chan gave $250 million in September to the Center for Tech and Civic Life so that election officials could add...

A New World Monetary Order Is Coming

The global coronavirus pandemic has accelerated several troubling trends already in force. Among them are exponential debt growth, rising dependency on government, and scaled-up central bank interventions into markets and the economy. Central bankers now appear poised to embark on their biggest power play ever. Federal Reserve Chairman Jerome Powell, in coordination...

Election May Impact Near-Term Action in Gold & Silver

(Clint Siegner, Money Metals News Service) Metals broke out earlier in the year because there has likely never been so many fundamental reasons to buy gold and silver. We’ve seen economic turmoil, political strife, social unrest, a $3 trillion federal deficit, and a dollar weakened by fiscal and monetary stimulus – all...

SF Tech Firm Loses Clients After CEO Sends Spam Demanding They Vote For Biden

A business-geared software company is losing customers after its CEO, David Barrett, sent an unsolicited mass email to all 10 million users urging them to vote for Democratic presidential candidate Joe Biden. Barrett, who runs Expensify, a software company that developed an expense management system for businesses, claimed in the...

BIDEN BLUNDER? Oil ‘Has to Be Replaced’; May Hurt Him in Pa., Texas

(Headline USA) Democrat Joe Biden's remark that he would “transition” away from oil in the U.S. in favor of renewable energy drew quick attention Thursday night from President Donald Trump, who saw it as a boon to his election chances in key states. “I would transition away from the oil industry,...

Three Unstoppable Forces Set to Drive Silver Prices

(Stefan Gleason, Money Metals News Service) The threat of economically crippling lockdowns, the promise of unending monetary stimulus, and the uncertainty of game-changing political outcomes – this is the “new normal” for investors. The COVID pandemic won’t be eradicated anytime soon. And even when it finally is, the economic and...

America’s Political and Financial Institutions Are Broken

(Clint Siegner, Money Metals News Service) America’s key institutions are broken. More people wake up daily to that reality. They are preparing for the moment this realization dawns on Americans at large, which explains why the markets for physical bullion are so active. Markets certainly aren’t working. Perpetual central bank...

Dopey Twitter Mob Demands Boycott of Company That is Unrelated to Their Senate Target

Liberals began demanding a boycott of Perdue Chicken after Sen. David Perdue, R-Ga. --- who is not connected to the company in any way --- mispronounced the name of vice presidential candidate Sen. Kamala Harris, D-Calif. Perdue faced backlash over the weekend after he purposefully mispronounced Harris’s name during a...

Justice Dept. to File Landmark Antitrust Case Against Google

(Headline USA) The Justice Department is expected to file a lawsuit Tuesday alleging that Google has been abusing its dominance in online search to stifle competition and harm consumers, a person familiar with the matter told the Associated Press. The litigation marks the government’s most significant act to protect competition since...
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