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Monday, November 25, 2024

FINANCE

WaPo Admits Kamala’s Price-Fixing Proposal Is Communist

(Headline USA) Even a left-wing columnist for the Washington Post admitted this week that Vice President Kamala Harris’s recently announced economic plan to ban “price-gouging” was communist. Amid growing scrutiny over her lack of clear policies, Harris teased part of her economic agenda on Wednesday, saying she would call for...

Gold Eyes Huge Breakout as Politicians Seek Big Rate Cut

(Mike Gleason, Money Metals News Service) As the political battle over inflation and the state of the U.S. economy heats up, gold prices continue to simmer near record highs. The preeminent monetary metal teased breaking above the $2,500 level early in the week before succumbing to some mild selling pressure...

Market Dynamics, Gold, and Bitcoin: Insights from Frank Holmes

(Money Metals News Service) In a recent Money Metals podcast, host Mike Maharrey interviewed Frank Holmes, the CEO and Chief Investment Officer of U.S. Global Investors, and Executive Chairman of HIVE Blockchain Technologies. Holmes shared his extensive knowledge of various financial and market trends, providing insights into the current economic...

Cisco Cuts 1,000s of Jobs, 7% of Workforce, as It Shifts Focus to AI, Cybersecurity

(Headline USA) Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity. The company based in San Jose, California, did not specify...

Sweet and Salty $30B Merger to Put M&M’s, Snickers Alongside Cheez-Its and Pringles

(Headline USA) M&M's maker Mars is buying Kellanova, the maker of Cheez-Its and Pop-Tarts, for nearly $30 billion in an effort to broaden its snacking portfolio and expand globally. Kellanova was created last year when the Kellogg Co. split into two companies. Chicago-based Kellanova sells many of the former company's...

MAHARREY: Can Greedy Politicians Really Stop Price Inflation w/ ‘Price Gouging’ Ban?

(Mike Maharrey, Money Metals News Service) Kamala Harris is going to fix price inflation. As she explains it, greedy corporations are arbitrarily raising prices and causing inflation. She will stop this “price gouging” and inflation will go away. The problem with this plan is greedy corporations don’t cause price inflation....

We Don’t Have a Wage Problem; We Have a Money Problem

(Mike Maharrey, Money Metals News Service) The push to raise the minimum wage is relentless.  For a while, it was "Fight for $15," but with rampant price inflation, a $15 an hour minimum wage isn't sufficient. Now it's "Fight for $20." Heck, it might even be "Fight for $25" at...

Biden Barks at Media over Inflation Coverage as Kamala Seeks Distance

(Headline USA) President Joe Biden once again snapped at reporters this week, demanding that they “start writing” positively about his economic policies. Biden made the comment during the Creator Economy Conference hosted at the White House on Wednesday. After initially refusing to answer questions from reporters, he decided to respond to...

Starbucks Offers New CEO a Massive $113M Package of Pay, Incentives

(Headline USA) In a bid to turn around its flagging fortunes, coffee giant Starbucks is offering a record-shattering package of pay and incentives in order to lure a highly sought-after chief executive away from Chipotle. Incoming Starbucks CEO Brian Niccol could make well in excess of $100 million in his...

Fetterman Hypocrisy Exposed over Failure to Disclose Kids’ Stock Portfolios

(Headline USA) Sen. John Fetterman, D-Pa., reportedly failed to comply with requirements to disclose his children’s stock portfolios despite supporting legislation that would ban lawmakers and their families from owning stocks. Senate ethics rules require senators to annually report “assets, transactions, gifts, travel reimbursements, and liabilities” received by their dependent children....

Meta Roils Leftists by Eliminating Longtime Censorship Tool CrowdTangle Ahead of Election

(Headline USA) Facebook and Instagram parent Meta Platforms has shut down CrowdTangle, a tool widely used by leftists to monitor social media posts and promote censorship on the company's social-media sites. Wednesday's shutdown, which Meta announced earlier this year, has been protested by several activist organizations hoping the Mark Zuckerberg-run...

MAHARREY: What’s So Great About 2% Inflation?

(Mike Maharrey, Money Metals News Service) Don’t be fooled when you hear “inflation is coming down.” That's not the plan and it never was. The fact is price inflation was up in July. And it will be up in August. And it will be up in September. That’s because rising price inflation is...
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