Friday, July 4, 2025

FINANCE

Silver is Starting to Break Out. Here’s What to Watch.

(Jesse Colombo, Money Metals News Service) Last week, I published a Substack piece titled “Here's When Silver Will Surge Like Gold” and followed it up with a related Twitter thread that quickly went viral. China cut interest rates last week and unveiled an extensive stimulus package to boost its struggling economy. These...

Zimbabwe Already Devaluing New Gold-Backed Currency

(Mike Maharrey, Money Metals News Service) Well, that didn’t take long. In April, Zimbabwe introduced a gold-backed currency in an effort to stabilize the country’s financial system. Less than six months later, the Reserve Bank of Zimbabwe has already devalued the new money. I hate to say, “I told you...

Renowned Trend Forecaster Gerald Celente on Global Turmoil, Gold, and the Dollar’s Decline

(Money Metals News Service) In a recent interview with Money Metals Podcast host Mike Maharrey, Gerald Celente, Founder of the Trends Research Institute and Publisher of the Trends Journal, discussed the significant global issues that he believes are shaping the future. With over 43 years of experience in trend forecasting, Celente’s insights on...

Biden Admin ‘Not Very Focused’ on Dockworkers’ Strike, Despite Potential Economic Disaster

(Headline USA) A dockworkers' strike threatening to close ports on the East and Gulf coasts has left many business owners worried about potentially devastating economic impacts, including Chris Butler, CEO of the National Tree Company. Butler said he was counting on shipments that were en route from Asia but wouldn't...

‘The Acolyte,’ Disney’s Quarter-Billion-Dollar Woke Disaster, Gets Canned

(Chris Cella Jr., Headline USA) The Walt Disney Company has faced another setback with its latest Star Wars project, The Acolyte, which was recently canceled following a controversial debut that included show-runners touting its reimagining of the Jedi as lesbian witches. Initial false reports indicated the show cost around $180...

Small Businesses Tell Congress to Stop Tax Hike

(Casey Harper, The Center Square) A coalition of small businesses are calling on Congress to make the 20% small business tax deduction permanent. Small business leaders visited Washington, D.C. this week to call on lawmakers to pass the Main Street Tax Certainty Act, a bill that would prevent the expiration...

Welfare Fraud Charges Filed Against 103 Recipients

(Christen Smith, The Center Square) Pennsylvania investigators charged 103 welfare recipients with fraud over the summer, according to an announcement Wednesday from the Office of Inspector General. All but one of the beneficiaries risk felony convictions, which carry possible maximum penalties of seven years in prison and $15,000 fines. The...

Richmond Fed President Urges Caution on Rate Cuts: Inflation Isn’t Defeated

(Headline USA) The president of the Federal Reserve's Richmond branch says he supports reducing the central bank's key interest rate “somewhat” from its current level but isn't yet ready for the Fed to fully take its foot off the economy's brakes. In an interview Thursday with the Associated Press, Tom...

Massachusetts Goes Full Socialist, Seizes Texas-Based Boston Hospital via Eminent Domain

(Headline USA) Massachusetts Gov. Maura Healey announced Friday that her administration has formally seized a hospital through eminent domain to help keep it open and transition to a new owner. St. Elizabeth Medical Center in Boston is one of a group operated by Texas-based Steward Health Care, which had announced...

Trump Launches New Business Venture During His Campaign: Watches

(Headline USA) Former President Donald Trump launched a new business venture: watches. The Republican presidential candidate unveiled the “Official Trump Watch Collection” on Thursday. The most expensive, listed as including 122 diamonds on its bezel and available in three 18-karat gold styles, costs $100,000. Another “Fight Fight Fight” model is listed at...

OpenAI CEO Sam Altman Takes 7% after Claiming ‘I Don’t Really Need More Money’

(Victoria Cook, Headline USA) Sam Altman, cofounder and CEO of artificial intelligence heavyhitter OpenAI is to receive 7% of the company's stock shares, estimated at $10.5 billion. This action, along with its recent shift to become a for-profit enterprise, contradicts prior statements Altman has made in the last year...

Ex-‘Shark Tank’ Star Mark Cuban Wants to be Head of SEC

(Victoria Cook, Headline USA) Billionaire entrepreneur Mark Cuban endorsed Vice President Kamala Harris for president this week in what could be a bid to become the head of the Securities and Exchange Commission.  Without hesitation, Cuban told Fox Business's Neil Cavuto on Wednesday that he would choose to be the...
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