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Wednesday, November 20, 2024

FINANCE

Video Exposes FAA’s Plan to Prioritize Airline Diversity over Competence

(Molly Bruns, Headline USA) Daily Wire podcast host Matt Walsh released footage Wednesday of a meeting in which Federal Aviation Administration officials discussed plans to "reduce the number of white males in aviation," in a thread on Twitter. https://twitter.com/MattWalshBlog/status/1755319178897092689 The bombshell follows recent criticism that the airline industry's efforts to push...

Inflation Already Ruined Your Super Bowl Party

(Peter C. Earle, Money Metals News Service) Attending the Super Bowl in person has long been a lavish expense, reserved for those willing to part with a significant sum for the ultimate fan experience. But when the Kansas City Chiefs meet the San Francisco 49ers in Las Vegas on Sunday...

Central Bank Gold-Buying in 2023 Tops 1K Tons, Just Shy of 2022 Record

(Mike Maharrey, Money Metals News Service) Central banks gobbled up gold again in 2023. Central bank gold buying fell just 45 tons short of 2022’s multi-decade record. According to the World Gold Council, central banks net gold purchases totaled 1,037 tons. It was the second straight year central banks added...

Household Debt Tops $17.5 Trillion, and Americans Are Feeling the Strain

(Mike Maharrey, Money Metals News Service) You’ve got to give credit to Visa, Mastercard, Discover and Amex. They’ve managed to build one heck of a booming economy. Despite surging price inflation, “resilient” American consumers have managed to keep spending money, driving “strong” economic growth – thanks to their credit cards. But...

Corporate Watchdog Calls Out Oreo for Supporting Child-Groomers

(National Legal and Policy Center) As Oreo prepares to make a splash with its first Super Bowl commercial in 10 years, the National Legal and Policy Center released a 30-second video that delivered stinging criticism of the cookie brand over its longtime partnership with PFLAG. The LGBT advocacy group condones...

MAHARREY: Good Economic News Is Bad News!

(Mike Maharrey, Money Metals News Service) We live in a strange world where good economic news is perceived as bad, and bad economic news is good. In this episode of Midweek Money Metals’ Memo, host Mike Maharrey provides some examples of this strange phenomenon, and then explains why this is...

Coke Hopes to Excite Younger Drinkers w/ New ‘Spiced’ Raspberry-Flavor

(Headline USA) From Flamin’ Hot Cheetos to Sweet Heat Starburst, America’s snacks are getting spicier. Now, Coca-Cola wants in on the trend. On Wednesday, the Atlanta beverage giant introduced Coca-Cola Spiced, the first new permanent offering to its North American portfolio in three years. Coca-Cola Spiced and Coca-Cola Spiced Zero...

IRS to Collect Billions More in Unpaid Taxes Thanks to New Funding

(Headline USA) The old axiom "You have to spend money to make money" seems to hold true not just for capitalist entrepreneurs but also for the federal government. However, it is taxpayers' money being spent in the government's case, in order to enable the bloated and corrupt Internal Revenue...

Deep-Fake Scammers Steal $25M w/ Phony AI-Generated Conference Call

(Jacob Bruns, Headline USA) A Hong Kong company lost the equivalent of over $25 million from a sophisticated scam using deep-fake technology, Ars Techinica reported. The scammers digital replicated the voice of the company's chief financial officer's, along with those of other top level employees, during an online meeting. In...

Fed Chair Powell Channels Ben Bernanke, Assures Us Everything Is Fine!

(Mike Maharrey, Money Metals News Service) I have written that the commercial real estate market could be the next thing to pop in this bubble economy and that could lead to the next major financial crisis. But you don’t need to worry. Federal Reserve Chairman Jerome Powell assured us that...

What the Postponed Fed Pivot Means for Gold…

(Brien Lundin, Money Metals News Service) As we predicted, Jerome Powell threw a bucket of cold water on gold and the rest of the markets, and we’re now experiencing sell-offs as expectations reset. Gold – along with just about every other investment sector – continues to sell off in the...

Disney Seeks Order to Keep Trade Secrets Confidential in Anti-DeSantis Lawsuit

(Headline USA) Disney asked a state court judge on Friday for a protective order allowing it to designate documents and depositions as confidential and requiring parties handling them to sign a nondisclosure agreement. The entertainment giant wants to keep confidential any trade secrets or proprietary information that come out of...
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