FINANCE

(Headline USA) Apple's new CEO John Ternus takes the helm of the iconic tech giant on Tuesday, ending Tim Cook's 15-year tenure during which the company's value skyrocket to $4.6 trillion thanks to the iPhone's enormous popularity. The transition to a new CEO comes at a pivotal time for Apple. Artificial...

(Jim Talamonti, The Center Square) Trump administration officials say they have ordered the emergency removal of 110 commercial driver’s license schools associated with more than 5,000 drivers who failed English language proficiency tests. They have also shutdown of 150 additional schools that claim to be certified but have unlicensed instructors...

(Mike Maharrey, Money Metals News Service) The Monetary Authority of Singapore has removed a 5 percent cap on precious metals holdings for investment funds and family offices regulated under Section 13O and Section 13U tax-exemption schemes. The move comes after many funds were forced to liquidate part of their gold...

(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Kevin Warsh moved markets on Friday with his Jackson Hole speech, even though the central bank has yet to do anything to move inflation. Clearly, Warsh wants to convey a message. He’s tough on inflation, and the Fed will “deliver price...

(Dave DeCamp, Antiwar.com) President Trump and Acting Venezuelan President Delcy Rodriguez have announced that Washington and Caracas have reached a major oil deal, which comes nearly nine months after the US attack on Venezuela to abduct President Nicolas Maduro. Trump first announced the new oil deal, writing on Truth Social on...

(Headline USA) A former White House teleprompter operator accused of using inside knowledge to make bets on the prediction market Kalshi has been ordered to turn over more than $100,000 in profits and pay a $65,000 fine as part of a settlement with federal authorities. The settlement with the Commodity Futures...

(Money Metals News Service) Silver has decisively broken above the once-formidable $50 barrier, but Peter Krauth believes the bull market still has room to run. During a recent Money Metals podcast interview with host Mike Maharrey, Krauth argued that strong investment demand, industrial consumption, depleted exchange inventories, and emerging technologies continue to...

(Mike Maharrey, Money Metals News Service) Who wants to be a millionaire? Well, I’m certainly willing to give it a shot! But as it turns out, becoming a millionaire isn’t quite what it used to be. You’ve probably heard of the game show. Who Wants to Be a Millionaire first aired in August 1999,...

(Mike Maharrey, Money Metals News Service) It’s a bull market in gold vaults. The surging gold price has sparked a significant uptick in demand for physical bars and coins. And with so many investors stacking gold, they need someplace to store all that metal. Sharps Pixley told The Financial Times that its vaults...

(José Niño, Headline USA) A fresh analysis of federal visa records suggests that H-1B sponsorship has evolved into something resembling a self-sustaining side hustle, according to a report from the Center for Immigration Studies.  The scheme works as follows: An H-1B holder forms a company, sponsors their own visa through...

(Kyle Anzalone, Antiwar.com) US and Taiwanese officials are alarmed at the status of the US military and its ability to fight a future conflict with China.  According to three sources speaking with The Washington Post, officials at Indo-Pacific Command (INDOPACCOM) have expressed frustration with the dwindling military resources available to...

(Kyle Anzalone, Antiwar.com) Update: US officials told multiple outlets that President Donald Trump dispatched CIA Director John Ratcliffe to Russia to warn Moscow not to attack any NATO countries. Earlier this week, an adviser to Russian President Vladimir Putin warned that “unknown actors” could attack UK facilities producing weapons...