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Thursday, March 6, 2025

FINANCE

Leftist Associated Press Slashes Staff by 8%

(Dmytro “Henry” Aleksandrov, Headline USA) The Associated Press learned that lying and pushing far-left propaganda to Americans don't work after the organization was forced to fire 8% of its workforce because nobody wants to consume the AP's content. The AP announced on Monday that it would begin offering buyouts and laying...

Coca-Cola Receives Backlash over AI-Generated Holiday Ad

(Maire Clayton, Headline USA) Coca-Cola was hit with backlash after releasing a series of AI-generated holiday ads, sparking critics on social media to call the company "soulless." The Atlanta-based conglomerate enlisted the help of three different AI companies to create the ads, according to Forbes. The ads attempted to pay homage...

Microsoft Developing AI ‘Agents’ That Can Perform Tasks on Their Own

(Headline USA) Microsoft CEO Satya Nadella told customers at a conference in Chicago on Tuesday that the company is teaching a new set of artificial intelligence tools how to "act on our behalf across our work and life.” AI developers are increasingly pitching the next wave of generative AI chatbots...

Trump Picks Billionaire Howard Lutnick for Commerce Secretary

(Headline USA) President-elect Donald Trump chose Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for Commerce secretary. If confirmed, Lutnick would have a key role in carrying out Trump's plans to raise and enforce tariffs as part of his America First...

DNC Union Blasts Hypocritical Dem Leadership Over Mass Lay-Offs

(Headline USA) The union that represents staffers at the Democratic National Committee blasted the organization for firing employees en masse after Vice President Kamala Harris’s loss. The DNC Staff Union blasted the lay-offs as “shocking,” and blamed them on “callous and short-sighted mismanagement” by DNC leaders, according to Axios. “These cuts go...

Silver Is a Strategic Asset for Diversification and Hedging Risk

(Mike Maharrey, Money Metals News Service) "Silver is a reliable hedge against inflation, currency devaluation, and systemic financial instability." This is the conclusion of a new report by Toronto-based Capitalight Research Inc. commissioned by the Silver Institute. "Institutional investors seeking to strengthen their portfolios through diversification should consider the compelling benefits of investing...

UAE Poised to Help Usher in ‘Asian Century’ for Gold

(Mike Maharrey, Money Metals News Service) The United Arab Emirates is poised to usher in an “Asian Century” for gold to challenge dollar dominance, according to a report published by the Dubai Multi Commodities Centre (DMCC). The UAE leapfrogged the United Kingdom to become the world’s second-largest gold trade hub...

Gold & Silver Are Rebounding

(Brien Lundin, Money Metals News Service) Gold bugs were rattled by the drop of more than $200 over the past two weeks, but this week's big rally has clawed much of that back in one fell swoop. The question remains whether the bull market is back in force over the...

NYC Bakery Booms after Whoopi Goldberg Slandered It on ‘The View’

(Maire Clayton, Headline USA) After View co-host Whoopi Goldberg slanderously implied that a New York City bakery had refused to fill her order over her radical political beliefs last week, the Staten Island shop has experienced a surge in sales. Patrons took to social media to support the bakery, showing...

Inflation Isn’t Likely to Go Away

(Clint Siegner, Money Metals News Service) Gold and silver futures speculators began selling contracts in anticipation of a Trump victory. Thus far, the selling continues after his win. The markets may have simply been overbought after big moves higher in October. However, the impact of the election cannot be discounted. The...

Indian Gold Demand Strong During Diwali, Despite Record High Prices

(Mike Maharrey, Money Metals News Service) Indian gold demand held up during the Diwali season despite surging prices, as festival buying was boosted by strong investment demand. Diwali is the Hindu festival of lights. It is considered an auspicious time to buy gold, and many Indian couples choose to get...

Jeffrey Tucker Discusses Inflation and Post-Pandemic Realignments

(Money Metals News Service) In a riveting discussion with host Mike Maharrey, economist and writer Jeffrey Tucker dug deep into key economic challenges and societal shifts shaping the U.S. in recent years. As founder and president of the Brownstone Institute, Tucker provides a unique lens into the intersection of economics, public policy, and...
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