Thursday, June 4, 2026

FINANCE

Google Employee Charged w/ using Inside Info to Make $1.2 Million on Polymarket

(Headline USA) U.S. prosecutors slapped insider trading charges against a Google employee this week, alleging the software engineer used confidential company information to pocket more than $1.2 million from prediction market platform Polymarket with bets on search trends. In a complaint unsealed in New York, authorities identified the employee as 36-year-old...

US Jobless Claims Rise to 215,000, But Layoffs Remain Low

(Headline USA) More Americans sought unemployment benefits last week, but layoffs remain low despite economic uncertainty caused by the Iran war. The Labor Department reported Thursday that jobless claims were up to 215,000, up from 210,000 the week before. The four-week moving average of claims, which smooths out week-to-week volatility, rose...

British Royal Mint Reports Record Bullion Sales

(Mike Maharrey, Money Metals News Service) The British Royal Mint reported record gold and silver bullion sales in the first quarter of this year, reflecting strong demand for physical gold in the UK. In a statement, the Royal Mint said that capital gains tax-exempt gold bullion sales increased 94 percent...

Malaysia Levies 10% Import Duty on Investment Gold

(Mike Maharrey, Money Metals News Service) Malaysia has joined India in hiking its import duty on gold. Traders and dealers in the Southeast Asian nation said officials have already started charging a 10 percent levy on certain gold bar shipments into the country. The move has reportedly disrupted bullion trade...

Gold’s “Higher for Longer” Narrative May Be Missing the Bigger Picture

(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey challenged what he described as a deeply flawed mainstream narrative surrounding gold, inflation, and interest rates. Drawing parallels to common myths passed down through generations — like cracking knuckles causing arthritis or bread crust...

Little-Known Ex-Judges Try to Derail Trump’s IRS Settlement

(Luis Cornelio, Headline USA) A group of 35 little-known former federal judges gained national attention Wednesday after filing a petition urging a federal court to reopen President Donald Trump’s case against the IRS — seemingly in a bid to cancel a $1.776 billion settlement fund. The now-settled lawsuit paved the way...

$40 Million in Gov’t Black-Budget Gold Seized from Ex-CIA Officer’s Home

(Ken Silva, Headline USA) A former senior CIA official has been implicated in a scheme to apparently steal some $40 million in gold bars that he has obtained from the government for unspecified “work-related expenses.” The ex-CIA official, David Rush, was arrested on May 19, a day after the FBI...

Biolab Suspect Avoids Federal Prosecution

(José Niño, Headline USA) The federal government has walked away from its prosecution of Ori Solomon, the Israeli citizen arrested in connection with an illegal biological lab operating out of a Las Vegas short-term rental, though a state charge for hazardous waste disposal still hangs over him, according to...

Supreme Court Rejects Meta’s Appeal in Social Media Addiction Case

(Headline USA) The Supreme Court on Tuesday rejected a push to avoid a lawsuit alleging that Facebook and Instagram harmed young users, a decision that comes as social media companies increasingly face legal scrutiny. Parent company Meta Platforms Inc. appealed after Vermont’s highest court allowed a suit filed by its...

Federal Judge Drops Charges Against ex-Fox Executive in Soccer Corruption Prosecution

(Headline USA) A federal judge in Brooklyn agreed Wednesday to dismiss charges against a former Fox executive and South American sports media company in a corruption case related to TV rights for international soccer tournaments. Judge Pamela K. Chen accepted an explanation provided by U.S. Attorney Joseph Nocella Jr. that...

US Will Need Years to Replenish Stockpiles of Advanced Weapons Used in Iran War

(Headline USA) U.S. military contractors need at least three years to replenish stockpiles of three key weapons systems used heavily in the Iran war, according to an analysis released Wednesday, adding to concerns that American forces would have limited firepower in any future conflict with China. The weapons systems are...

Iran’s Supreme Leader Says Region Will No Longer Be a ‘Safe Haven’ for US Military Bases

(Dave DeCamp, Antiwar.com) Iranian Supreme Leader Ayatollah Mojtaba Khamenei said in a written statement on Tuesday that the United States will no longer have a “safe haven” in the Middle East for its military bases, remarks that come after the Iranian military struck US bases across the region during...
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