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Saturday, April 5, 2025

FINANCE

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...

Trump, DC Mayor to Demand Lazy Bureaucrats Return to In-Person Work

(Luis Cornelio, Headline USA) President-elect Donald Trump and D.C. Mayor Muriel Bowser are joining forces to demand federal workers return to in-person work, rather than continuing remote work, which became common following the COVID-19 pandemic.  Critics argue that federal workers should return to the office as virtual work was only necessary...

Starbucks Closes Its Iconic Seattle Location Due to Crime

(Dmytro “Henry” Aleksandrov, Headline USA) Starbucks decided to close one of its well-known locations, near Pike Place Market in Seattle, because of the high crime rates. Starbucks told KOMO News on Tuesday that it is closing its location at the corner of 1st and Pike, across the street from the...

DOJ Spent Over $100M on DEI, Restorative Justice

(Dmytro “Henry” Aleksandrov, Headline USA) Between 2021 and 2024, the Justice Department spent over $100 million promoting the DEI agenda in classrooms. A new Parents Defending Education (PDE) report that the Daily Wire obtained revealed that the DOJ awarded over $100,113,942 through 102 grants. According to the report, the leftist...

Biden Rejects Nippon Steel’s Proposed Deal to Acquire US Steel

(Headline USA) President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel—affirming his earlier vow to block the acquisition of Steeltown USA’s most storied steel company. “We need major U.S. companies representing the major share of US steelmaking capacity...

FAA: Boeing Still Needs Culture Change to Put Safety above Profits

(Headline USA) A year after a panel blew out of a Boeing 737 Max during flight, the nation’s top aviation regulator says the company needs "a fundamental cultural shift” to put safety and quality above profits. Mike Whitaker, chief of the Federal Aviation Administration, said in an online post Friday...

Crypto Mogul Do Kwon Pleads Not Guilty in 1st US Court Appearance

(Headline USA) South Korean cryptocurrency mogul Do Hyeong Kwon pleaded not guilty Thursday to a freshly unsealed indictment released in time for his first U.S. court appearance. Kwon entered the plea in Manhattan federal court two days after his extradition from Montenegro. The indictment alleges that the man dubbed by some as...

What Is Turo, the App That Rented Cars Involved in 2 New Year’s Terrorist Attacks?

(Headline USA) Two deadly incidents on New Year's Day—an attack being investigated as an act of terrorism in New Orleans and an explosion of a Tesla Cybertruck in Las Vegas—both involved vehicles that were rented on Turo, a peer-to-peer car sharing company. Early Wednesday, 42-year-old Army veteran Shamsud-Din Bahar Jabbar rammed a...

Apple to Pay $95M to Settle Lawsuit Accusing Siri of Eavesdropping

(Headline USA) Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices. The proposed settlement filed Tuesday in an Oakland, California, federal court would resolve a 5-year-old lawsuit revolving around...
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