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Thursday, January 2, 2025

FINANCE

Color-Haired Dem Loses It After Musk Exposes Secret Wishlist in CR Bill

(Luis Cornelio, Headline USA) Rep. Rosa DeLauro, D-Conn., threw a temper tantrum on the House floor, railing against Elon Musk for persuading Republicans to abandon a funding bill plagued with several wish list items from the Democratic Party.  DeLauro, known for her signature purple-dyed haircut, aired her grievances during Thursday’s debate over...

U.S. Taxpayers Spending MILLIONS to Maintain Superyacht Seized from Russian Billionaire

(Ken Silva, Headline USA) On the heels of Russia invading Ukraine, the Justice Department announced in May 2022 that it seized a 348-foot luxury vessel owned by sanctioned Russian billionaire Suleiman Kerimov—touting the move as a major win against Russia’s corrupt oligarchy. “This yacht seizure should tell every corrupt Russian...

MSNBC Hosts Who Pushed Trump-Nazi Comparisons Face Pay Cuts

(Luis Cornelio, Headline USA) MSNBC may soon slash the salaries of some of the network’s leftist hosts if they want to keep their anchoring positions. This decision dealt yet another blow to the already-struggling legacy media apparatus following President-elect Donald Trump’s landslide victory.  According to The Ankler newsletter, MSNBC executives are...

Inflation Bites: The $38 Million Man

(Mike Maharrey, Money Metals News Service) It's easy to think of "inflation" as an abstract economic principle and forget that it has real impacts on real people. Federal Reserve Chairman Jerome Powell acknowledged the pain of price inflation during his press conference at the close of the December FOMC meeting. "We understand...

Fed Keeps Party Going w/ Rate Cut But Threatens to Cool Shindig Down

(Mike Maharrey, Money Metals News Service) Daddy poured more punch into the punchbowl even as he threatened to cool the party down. Whether Papa Powell follows through on the threat remains to be seen. The Federal Reserve delivered another interest rate cut at its December meeting, trimming the federal funds...

Scarcity, Gold, and Inflation: Lessons for Navigating a Volatile Economy

(Money Metals News Service) The Money Metals Midweek Memo celebrates its milestone 50th episode with host Mike Maharrey delivering an in-depth analysis of economic principles, investment trends, and the current state of the gold market. This episode offers valuable guidance for navigating an increasingly volatile financial landscape. The Economic Principle of Scarcity Maharrey begins...

Trump Considers Privatizing USPS

(Dmytro “Henry” Aleksandrov, Headline USA) President-elect Donald Trump recently suggested that he may privatize USPS, resulting in many bureaucrats working for the federal government losing their jobs. Three anonymous sources told the Washington Post that Trump discussed the potential privatization of the Postal Service at his Mar-a-Lago estate with Howard...

Fed Cuts Key Rate by a Quarter-Point but Envisions Fewer Cuts Next Year

(Headline USA) The Federal Reserve cut its key interest rate Wednesday by a quarter-point—its third cut this year—but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed’s 19 policymakers projected that they will cut their benchmark...

Money Metals Expands w/ New Depository, Automatic Purchase Plans, Loans

(Money Metals News Service) Money Metals Exchange, a leading national precious metals dealer founded in 2010, has further beefed up the array services it offers clients. Earlier this year, the award-winning precious metals firm opened the largest precious metals depository in the Western United States. This impressive, expandable 37,000-square-foot facility – double the...

Goldback Launches Florida Series w/ New Denominations

(Mike Maharrey, Money Metals News Service) Goldback is set to release the Florida Goldback Series with three new denominations (i.e., 1/2, 2, and 100). Goldbacks are a neat form of fractional gold -- made with a small amount of physical gold embedded within a polymer sheet. The note-shaped gold products could serve as "an...

Conservative Watchdog Asks SCOTUS to Block Federal TikTok Ban

(Shirleen Guerra, The Center Square) The Liberty Justice Center, alongside some TikTok creators, filed an emergency application to the U.S. Supreme Court seeking to halt the enforcement of a federal law that would ban TikTok in the United States on Jan. 19, 2025. The emergency application requests that the Supreme...

LA Times, WaPo Continue Becoming More Right-Wing

(Dmytro “Henry” Aleksandrov, Headline USA) Two well-known American newspapers became more right-wing after the leaders realized they needed to adapt to the recent cultural change that primarily started after Donald Trump won the 2024 election. The New York Post reported that the Los Angeles Times staffers revealed that Patrick Soon-Shiong,...
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