Sports Betting the Newest Gen Z Investment Strategy in the War Against Inflation

(Mike Maharrey, Money Metals News Service) Let’s imagine I save enough money to buy a car for my kid. However, he’s only 13, so he won’t be driving for a few years.

In a sane world, I could just stick the money under my mattress and buy a car in three years. But we don’t live in a sane world. We live in a world where the government relentlessly devalues your money. If I pull the cash out from under my mattress in 2029 or 2030, it almost certainly won’t be enough to buy a car at the inflated price.

Maybe I should take some of that money and make a bet on tonight’s Bucs-Jets preseason game. If I win, I can pad the savings and maybe afford that car.

Sounds crazy, right?

Maybe not.

Apparently, a lot of people have turned to sports betting as an investment strategy.

It’s Impossible to Save

Inflation is tough on ordinary working people. Eventually, wages catch up with price inflation. However, they always lag. That means workers are constantly engaged in an unwinnable game of “Chase the Inflation.”

It’s even tougher on people trying to save or living on a fixed income. Rising prices make them poorer and poorer every month.

This is the root of the affordability problem. It’s not that kids are buying too many $20 burritos. The problem is that a burrito shouldn’t cost 20 freakin’ dollars!

As with any economic dynamic, inflation creates incentives.

For savers, it drives them to seek bigger and bigger returns to keep up with the government’s monetary devaluation. At first, a simple savings account with a relatively low yield will do the trick. But as the dollar loses purchasing power, you need a better return to keep up. So, maybe you stick your money in a higher-interest-yielding CD.

Soon, that’s not even enough. Your interest rate is better, but the real interest rate when you factor in inflation is negative. You’re still losing purchasing power over time. You need better returns, so you start chasing gains on the stock market.

Now, that’s all well and good, but it introduces risk. A savings account or a CD is a relatively safe place to park money. But the stock market can get volatile. You might earn a bigger gain. On the other hand, you can quickly lose a lot of money.

Risk or no risk, you want to retire. You want to have enough money to do all the things you want to do, so you suck it up and chase the rainbow.

And pretty soon, you find yourself taking on even more risk to boost your returns. You start speculating on startups and junk stocks.

You can see how easily this scenario can play out.

I Bet I Can Save!

Well, now we’ve taken things a step further.

According to recent Bloomberg research, people are increasingly using sports betting as a “deliberate part of long-term financial strategy.”

Talk about taking on risk.

Around 12 percent of the people surveyed said that gambling was one of their investment tools.

Gen Z is driving this trend, with 26 percent saying sports betting is part of their investment strategy. Meanwhile, 52 percent of the Gen Z respondents admitted directing investment funds into sports betting over the last year.

In his 1964 book “What You Should Know About Inflation,” Henry Hazlitt saw this coming.

“Inflation … encourages and rewards speculation and gambling at the expense of thrift and work.”

It’s easy to point fingers and get all judgy about “young people these days” gambling. But what are they supposed to do? Their money is garbage, and they know it. When you create incentives, people will respond.

My friend Jp Cortez over at the Sound Money Defense League summed it up perfectly, observing that “Fed policy has destroyed money as a savings technology.”

“Inflation and the erosion of cash returns amplify the search for higher-risk ways to ‘get ahead.’ As [economists Ludwig von] Mises and [Murray] Rothbard warned for decades: the slide from sound money ends in gambling degeneracy.”

Fortunately, there is a way to preserve your wealth over time without hoping the Tampa Bay Buccaneers will cover the spread. You can save in real money — gold and silver.

Anyway, that’s my thought for today. Now, excuse me. I need to sell some stock and place a bet on that game tonight.


Mike Maharrey is a journalist and market analyst for Money Metals with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.

Money Metals to Honor Twin Falls Hero Jordan Salinas with 25-Ounce Silver Bullet Award

(Money Metals News Service) Money Metals Exchange will today honor Jordan Salinas, whose armed intervention during the August 1st mass shooting in Twin Falls, Idaho, was credited by police with helping prevent further casualties, with a specially engraved 25-ounce Silver Bullet Award at a private ceremony inside Money Metals’ secure vaulting facility in Eagle.

Joining Money Metals in recognizing Salinas will be Idaho State Representatives Rob Beiswenger and Josh Tanner, and State Senator Tammy Nichols.

Salinas, a home healthcare worker, sprang into action after a gunman opened fire on unsuspecting victims outside an In-N-Out Burger in Twin Falls. Rather than fleeing the danger, Salinas confronted the attacker and returned fire, forcing the gunman to take cover and leave the scene.

Twin Falls Police Chief Matthew Hicks later credited Salinas’ intervention with potentially saving lives.

“We believe [Jordan’s] actions drove the suspect from the scene and prevented further casualties,” Hicks said during a news conference following the shooting.

Three people were killed in the attack, and several others were injured and hospitalized. Authorities have indicated the toll could have been even worse had Salinas not intervened.

“We are honored to present Jordan with this 25-ounce Silver Bullet as a small token of our gratitude for an extraordinary act of courage,” said Stefan Gleason, CEO of Money Metals.

“When innocent people were under attack and every second mattered, Jordan chose to act. His willingness to put himself in harm’s way to protect complete strangers deserves recognition.”

Money Metals has long been an advocate for the right of law-abiding Americans to keep and bear arms, including supporting the right of its employees to carry firearms at its Eagle facility, subsidizing employees’ acquisition of firearms and ammunition, and providing ongoing firearms training under the supervision of Money Metals’ security team of former law enforcement professionals.

“No one ever wants to find himself in the situation Jordan faced that day,” Gleason said. “But when the unthinkable happened, Jordan was prepared. He stood between a violent attacker and innocent people. That is courage in its most meaningful form.”

Salinas has said that the 2021 shooting at Boise Towne Square Mall prompted him to think seriously about being prepared by exercising his constitutional right to carry a firearm should he ever encounter a similar situation.

That preparation took on profound significance on August 1st.

“Everyone says, ‘It’s not going to happen here,’” Salinas has said. “But what if it does?”

For Jordan Salinas, that question ceased to be hypothetical. When the moment came, he acted.

The 25-ounce .999 fine silver bullet, engraved in Salinas’ honor, will be presented during the private event on Friday afternoon at Money Metals’ Eagle headquarters and depository facility.

The ceremony will recognize not only Salinas’ actions that day, but the larger principles his actions exemplified: preparedness, courage, self-reliance, and the willingness to defend innocent life.

Former Senator Kyrsten Sinema’s Affair w/ Married Man Detailed in Legal Depositions

(Ken Silva, Headline USA) Former U.S. Sen. Kyrsten Sinema is being sued for having sex with her security guard and breaking up his family in the process. Depositions from the case were filed in federal court on Wednesday, revealing details about the affair ahead of a legal hearing set for Wednesday.

The bodyguard’s ex-wife, Heather Ammel, is suing Sinema for “alienation of affection”—a North Carolina law that says someone can be held financially liable for initiating an affair. Sinema, for her part, has said that her relationship with the bodyguard, Matthew Ammel, only started after he and Heather were separated, and that the relationship didn’t occur in North Carolina.

In her July 31 deposition, Sinema said the first time she had sex with Matthew was in May 2024, which was while Matthew and Heather were still married.

“We were staying at an Airbnb in Napa, California. We were outside. Matt kissed me. We went inside and had sex,” Sinema said.

Sinema’s testimony contradicted what Ammel told a local court during his divorce proceedings. There, he said they didn’t have sex until January 2025. When confronted with the contradiction during his deposition last month, Ammel admitted to lying. He and his wife, Heather Ammel, weren’t divorced until November 2024, and Matthew said he didn’t want to admit that he had an affair with Sinema earlier that year.

“I lied during the first deposition because I was scared I was going to lose my children,” he said during his July 28 deposition. A judge awarded Heather custody of the kids anyways.

Meanwhile, an evidentiary hearing is set for Wednesday in Heather’s lawsuit against Sinema. Headline USA plans to cover that hearing.

Ken Silva is the editor of Headline USA. Follow him at x.com/jd_cashless.

US Sending Fresh Aircraft Carrier to the Middle East Amid Reports of Sailors Attempting to Jump Overboard

(Dave DeCamp, Antiwar.comThe aircraft carrier USS George Washington is preparing to relieve the USS Abraham Lincoln as part of a scheduled Middle East deployment, The Wall Street Journal reported on Thursday, news that comes as families of military personnel aboard the Lincoln have reported that sailors have attempted to jump overboard.

The Lincoln has been deployed for more than 250 days and hasn’t made a port call in over 200 days, as part of a deployment initially scheduled to end in May but extended due to the Iran war, straining the crew. For months, the ship has been deployed in the Arabian Sea, where it has been involved in bombing Iran and is currently part of the armada enforcing a blockade of Iranian ports.

An F/A-18 launches from the flight deck of the USS Abraham Lincoln, July 31, 2026 (US Navy photo)

Military Times and Stars and Stripes both reported this week that family members are extremely concerned about the strain on sailors and Marines aboard the carrier, and there have been multiple accounts of sailors attempting to jump overboard. On Thursday, CNN reported that one sailor did go overboard earlier this month. US officials told the outlet that the sailor was rescued after an hour and was then medically evacuated off the vessel.

Sen. Richard Blumenthal (D-CT) has said that he wrote a letter to US War Secretary Pete Hegseth and Acting Navy Secretary Hung Cao about the conditions on the Lincoln. “There have been widespread reports of shortages of basic supplies, water contamination, plumbing issues, deteriorating mental health, deck safety concerns, and disruptions in the mail system, which have caused many care packages in route to the ship to be lost in transit for months,” Blumenthal wrote.

“These reports warrant immediate attention, but they also raise a broader question: whether the Navy can sustain the operational tempo now being demanded of its carrier force, particularly as this Administration repeatedly commits U.S. forces to conflicts of its own choosing and increasingly relies on aircraft carriers to sustain those operations,” the senator added.

According to USNI News, the USS George Washington and its strike group were in the Strait of Malacca on Thursday, transiting after a westbound transit through the Singapore Strait as the warships headed to the Middle East.

This article originally appeared at Antiwar.com.

Report: CIA Had ‘Low Confidence’ in Israeli Intel About Iranian Assassination Plot Against Trump

(Dave DeCamp, Antiwar.comUS intelligence officials were skeptical of Israeli intelligence that claimed there was a threat of an Iranian assassination plot against President Trump at the NATO summit in Ankara last month, which prompted the Secret Service to secretly move him to a military aircraft, The Washington Post has reported.

A US official speaking to the Post described the intelligence, which was conveyed by Israel to the CIA, as “Israeli-derived, not US-generated, and viewed as low confidence.”

Middle East Eye first reported that the intelligence came from Israel, and cited Turkish sources who said that Turkey suspected Israel had fabricated the intelligence to derail diplomacy between the US and Iran, and also potentially strain the relationship between Trump and Turkish President Recep Tayyip Erdogan.

Trump boards Air Force One at Ankara Esenboga International Airport in Ankara, Turkey on Wednesday, July 8, 2026, before being secretly moved to a different plane via a catering truck (White House photo)

According to the Post report, US intelligence officials reached a conclusion similar to that of officials in Ankara. “Some US intelligence officials saw Israel’s sharing of the warning about threats to Trump’s life as designed less to inform than to influence the president’s decision-making and US policy in the region,” the Post report said, conveying what current and former US officials told the outlet.

Apparently responding to the incident, Iranian Foreign Minister Abbas Aragchi warned the US to be wary of “fake intelligence.”

“The US has long miscalculated due to intelligence failures. Case in point: The war on Iran. Now, an even bigger miscalculation on the Strait of Hormuz. Worse than fake news is fake intelligence. Be careful. Allah is Great, Greater than ANY power on Earth. In Allah we trust,” the Iranian diplomat wrote on X.

President Trump confirmed the plane swap, saying he did so because he followed the Secret Service’s direction. One of the US officials speaking to the Post said that the Secret Service went ahead with the swap despite the lack of confidence in the intelligence due to the previous attempts against Trump’s life.

“The Secret Service has had three near misses with this president, so they’re not taking any chances,” the official said. “They did what they had to do.”

This article originally appeared at Antiwar.com.

Chinese Investment Demand Was Resilient in Q2 Despite Rangebound Prices

(Mike Maharrey, Money Metals News Service) Despite gold trading sideways in the second quarter after its big price correction in the first, Chinese physical gold investment demand remained robust.

Chinese investors were key drivers of the gold bull market last year, as Western investors generally sat out the rally until the end of the year.

At 107 tonnes, Chinese retail gold investment fell by 48 percent quarter-on-quarter in Q2, and 7 percent year-on-year. However, the data was skewed by an all-time high of 207 tonnes in Q1.

Even with the steep drop in demand from the first quarter, second-quarter Chinese physical investment gold demand was strong from a historical perspective, ranking as the third-highest Q2 since 2010.

When you factor in the 29 percent year-over-year increase in the local gold price, Chinese retail gold investment demand set a second-quarter record.

Through the first half of 2026, retail gold investment demand was up 31 percent.

According to Metals Focus, investment gold buying was primarily concentrated in April and the first weeks of May. Despite slowing from the exceptional levels seen in Q1, volumes during this period remained healthy on an annual basis.

Demand slipped in the latter half of May and into June, as a range-bound gold price weakened sentiment. Investors pivoted to riskier domestic AI-related equities.

Metals Focus analysts noted that “given the sharp price declines across the major precious metals during Q2, physical investment generally softened.”

“Nevertheless, gold outperformed both silver and platinum, highlighting its relative resilience.”

While Chinese investors tend to favor physical metal, ETF flows also reflected strong investment demand.

Despite a large outflow of gold in June, Chinese ETFs added 29 tonnes of metal in H1, the second-strongest start to a year on record. Total assets under management (AUM) rose slightly by 1 percent.

Meanwhile, interest in Gold Accumulation Plans (GAPs) offered by local commercial banks remained solid in Q2 despite a moderate slowdown.

Tax Incentives and Disincentives Driving Chinese Precious Metals Markets

New Value Added Tax (VAT) rules imposed last November helped boost gold investment relative to other metals. Under the rules, gold bars and coins sold by Shanghai Gold Exchange (SGE) member companies remained exempt from VAT. However, silver and platinum bars and coins, along with gold investment products sold by non-SGE members, are subject to 13 percent VAT on their full value.

According to Metals Focus, the new policy left non-SGE members at a price disadvantage, incentivizing them to switch their focus from gold to silver bars.

“Silver’s rally to a series of record highs, marketing campaigns highlighting its favorable fundamentals, and its lower unit value for investors priced out of gold all contributed to a dramatic surge in silver bar sales during late 2025. This momentum extended into Q1.26, resulting in widespread product shortages, longer delivery times and higher premiums.”

However, silver demand slipped as the price fell earlier this year. That incentivized many Johnny-come-lately silver bar suppliers to flip back to gold.

“Online stores and retailers now serve as sales agents for SGE-member companies, earning commissions on gold bar sales, while manufacturers produce gold bars for SGE members under a processing model whereby only labor costs are charged.”

VAT rules have also shifted Chinese demand from investment jewelry to gold bars.

“While gold retail investment remains VAT-free, consumers now effectively pay an additional VAT charge of around 7 percent on gold jewelry. Historically, a relatively large proportion of Chinese gold jewelry purchases have been driven by quasi-investment motives. The policy change has been particularly detrimental to heavy, plain 24K gold jewelry, which is typically sold by weight and carries relatively low labor charges. As a result, Q2.26 marked the third consecutive quarter in which retail investment exceeded jewelry consumption.”

Looking Ahead

As we move through the final half of 2026, Metals Focus expects Chinese gold demand growth to continue at a moderately slower pace. The forecast is for a 20 percent year-on-year increase to around 500 tonnes.

“The slower pace of growth in H2.26 partly reflects the already elevated base established last year. Gold’s growing appeal as a store of value and safe-haven asset, our constructive price outlook, the sentiment boost from the PBoC’s gold reserve accumulation program, the ongoing shift from quasi-investment jewelry to gold bars, and aggressive supply chain marketing of investment products are expected to remain the key demand drivers.”

Chinese investors were a key pillar of support during last year’s gold bull market.

Gold coin and bar demand hit a 12-year high of 1,374.1 tonnes in 2025 with a record-breaking value of $154 billion. More than half of that global coin and bar demand came from two countries – China and India.

Chinese investment demand has continued to provide support even after the gold price corrected and struggled against headwinds caused by the U.S.-Iran war and worries about rising interest rates.


Mike Maharrey is a journalist and market analyst for Money Metals with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.

Thomas Crooks Went to a Political Event Two Days before Butler Shooting, FBI Records Say

(Ken Silva, Headline USA) Thomas Crooks was seen at a “peaceful democratic political event” on July 11, 2024, just two days before allegedly trying to assassinate Donald Trump in Butler, Pennsylvania, according to newly released FBI records.

The records about Crooks and the political rally were included in a batch of 255 pages, which were released by the FBI on Tuesday in response to an ongoing Freedom of Information Act lawsuit by the transparency group Judicial Watch.

An FBI interview report dated July 17, 2024, says that a teenager saw Crooks in a parking lot, pulling signs out of a vehicle at the July 11 event. The teen’s name is redacted.

“[REDACTED] was not positive on the wording of the signs, but believed the topic was ‘Keep Trump Out of Office.’ Crooks did not say anything to [REDACTED] [REDACTED] did not say anything to Crooks,” the FBI memo says.

“[REDACTED] told us an unknown male with Crooks made some verbal reference to ‘Commies’ while sitting in a truck near [REDACTED]. [REDACTED] took the word ‘Commies to believe that the male was talking about communists.”

The teenager told the FBI that he didn’t know the person he saw was Crooks until after his picture was plastered all over the news in the wake of the Butler shooting. However, the FBI interviewed another person who also saw Crooks at the same July 11 event, and that person knew Crooks from high school.

The person who knew Crooks from high school, whose name is also redacted, told the FBI that he saw him while “working the event” on July 11. He said he was taking the trash out when he encountered Crooks in the parking lot.

“[REDACTED] observed Crooks and new him from high school. [REDACTED] interacted with Crooks and described his demeanor as energetic and excited when seeing [REDACTED],” the FBI memo says.

“[REDACTED] did not recognize anyone else from the event, he also did not know the reason for the event or overhear any talk of people attending the event.”

Along with interviewing the teenager and the person who knew Crooks in high school, the records say that the FBI also interviewed a third individual who confirmed that a “peaceful democratic political event” was indeed held on July 11, 2024. No further details of that interview are available in the latest batch of records.

The sighting of Crooks at a political event wasn’t the only new information included in the latest records release. Another FBI memo shows that Crooks interacted with someone on July 12 at the Clairton Sportsmen Club, where he trained at the rifle range the day before the assassination attempt.

According to that memo, the interaction between Crooks and the other person at the rifle range was innocuous. “[REDACTED] described the talk as just ‘small talk’ and they did not speak about anything specific,” the memo says.

Other FBI records from the latest batch provide more details about Crooks’s May 2024 hospitalization, which Headline USA first reported in February.

According to the new records, a neighbor saw an ambulance outside of Crooks’s house late one night. Crooks left in the ambulance, and his room light was off for the next two weeks—leaving the neighbor to believe that he was gone for that long. When Crooks returned, he told the neighbor that he went to the hospital for dehydration.

Additionally, another record—seemingly an interview with Crooks’s father, Matthew Crooks—says that Thomas 3D printed Glock frames. It’s been public for years that Crooks had a 3D printer, but the new batch of FBI records was the first time it’s been revealed that he used the printer to create firearms parts.

At 255 pages, the latest batch of records—the seventh production—is the biggest batch to date. So far, the FBI has released about 500 pages in total. However, the bureau has admitted that it holds roughly 75,000 pages of records on Crooks.

Ken Silva is the editor of Headline USA. Follow him at x.com/jd_cashless.

Flock Announces Changes Amid Backlash Over its License Plate Reader Network

(Headline USA) Flock Safety, the surveillance technology company increasingly under scrutiny from lawmakers from both parties, civil liberties advocates and citizens across the U.S., announced Thursday that it is making changes to its platform intended to quell privacy concerns and address documented abuses of its system by some members of law enforcement.

The company operates a vast nationwide network of automated cameras that record the license plate numbers and other characteristics of all passing vehicles every day. 

Thousands of law enforcement agencies in 49 states can search and share Flock’s data across jurisdictions to aid their investigations.

Police have credited the technology as an important crime-fighting innovation that has helped locate missing people and track suspects in violent crimes. But some critics say its pervasiveness amounts to unconstitutional warrantless mass surveillance. Dozens of cities and agencies have nixed their relationships with Flock amid concerns that the data can be accessed for immigration enforcement or used in unauthorized tracking, after a flurry of examples surfaced of law enforcement officers misusing the technology for personal searches.

In an interview, Flock CEO Garrett Langley said many of the product changes will make what were once optional guardrails mandatory for its users to implement by Jan. 1.

Among them: All law enforcement customers will have to implement an audit tool that’s intended to flag abnormal search behavior. When the system detects abnormal behavior, the user would be locked out pending an internal review, the company said in a description of the changes provided ahead of Thursday’s announcement.

Flock, which says its customers own the data that the cameras record, is also shortening the standard data retention window from 30 days to seven. It said it will allow data to be preserved for longer when it is evidence tied to a case number.

Law enforcement users will now also be required to enter a code from their records management system tying each search to a specific case before it is run, something Langley said civil liberties advocates have long been calling for. Overrides for emergencies would be automatically flagged for review, the company said.

Customers will also be allowed to decide which offense types — such as homicide or arson — outside agencies can search their data for, which would allow a customer to block outside searches related to immigration enforcement, the company said.

Langley said that change will give individual cities and departments control to use the system in a manner “consistent with community values.”

Critics of the company reacted skeptically to the changes, which they said appeared designed to address the growing bipartisan anger about the cameras but could still leave room for police to abuse the system.

The American Civil Liberties Union said in a blog post that the shortened evidence retention window could be “a step in the right direction,” but it characterized the other changes as “retreads” of inadequate safety measures.

Robert Frommer, a senior attorney at the Institute for Justice, a public interest law firm that’s led closely watched litigation over the technology, called the changes “window dressing” from a company in “panic mode.”

“This is window dressing that doesn’t address the fundamental problem, which is that police officers are the ones deciding who and when to search, and that should be done by judges with real warrants,” he said.

Andrew Guthrie Ferguson, a professor at the George Washington University Law School whose scholarship has focused on policing, big data surveillance and the Fourth Amendment, said Thursday’s shifts were “better than the opposite” but called for further scrutiny of the technology in the form of “sustained democratic engagement with the rules and judicial checks on access at a minimum.”

Ferguson said he’s been surprised to see the “growing community backlash” against Flock specifically, given that the technology isn’t new and other companies sell it as well. But Flock and the movement against it have “captured people’s sense that maybe they don’t want to be surveilled all the time,” he said.

More than 50 agencies or jurisdictions have canceled, suspended or rejected a contract or deactivated their cameras since the beginning of the year, according to a tracker maintained by DeFlock, a grassroots group formed to track the use of license plate reader technology and push back against it. Cameras around the country have also been vandalized.

In Congress, Republican representatives filed at least two bills aiming to restrict the use of the technology in July.

Ian Adams, an associate professor of criminology at the University of South Carolina currently working on a Flock-related research study, said many of the concerns raised about how the company’s data can be used are not new concerns in law enforcement.

“Anyone with policing experience could have reasonably foreseen that what have been termed as ‘curiosity searches’ by officers, searches for private reasons not related to police work, were going to be a problem this technology faced,” he added, noting that other technologies and platforms like the FBI’s Criminal Justice Information had faced those issues.

Law enforcement experts said it’s a common tension of “policing in a democracy” — balancing useful technology that officers say helps solve and prevent crime with the community’s interest and right to privacy.

“It’s a balancing act. A community has a legitimate interest in how information is used, but it also has a legitimate interest in the effectiveness of a police department in preventing crime,” said Chuck Wexler, executive director of the Police Executive Research Forum, a Washington-based nonpartisan think tank. “I think a balance can be struck, but it’s more likely to come from department policy than company changes.”

Flock, based in Atlanta, Georgia, often posts to its website what the company deems to be everyday examples of success stories for its cameras, including finding missing seniors and catching car thieves. But the tech has also been used in high-profile cases that have garnered national attention, such as the search for a suspect in a fatal shooting at Brown University and in tracking and arresting a former North Carolina police officer who authorities say had made threats that he planned to carry out a mass shooting at a festival in Louisiana.

Abuses have also drawn widespread attention. The Washington Post reported earlier this month finding nearly 50 instances of police officers charged or accused of using the cameras for unauthorized purposes, many for tracking current or former romantic partners or family members.

Just this week, six employees — including four officers — of the Savannah Police Department in Georgia were fired after they were accused of searching for friends and family using the tool and allowing an officer from an outside agency to use the city’s cameras.

The Savannah department said it was made aware of the misuse through Flock’s voluntary audit function.

Adapted from reporting by the Associated Press

Luigi Mangione Expected to Plead Guilty in Federal Case in UnitedHealthcare Killing, AP Source Says

(Headline USA) Luigi Mangione is expected to plead guilty as early as Friday in the federal case accusing him of stalking and killing UnitedHealthcare CEO Brian Thompson, according to a person familiar with the matter.

The person, who was not authorized to talk publicly about the case and spoke to The Associated Press on the condition of anonymity, cautioned that Mangione could change his mind. If he follows through, it would be a stunning development in a case that rattled business leaders while galvanizing their critics.

Mangione’s lawyers, and spokespeople for the Justice Department and Manhattan federal prosecutors, declined to comment.

Mangione is accused of traveling to New York City to ambush Thompson, 50, then shooting him outside a Manhattan hotel on Dec. 4, 2024, as the executive walked to UnitedHealth Group’s annual investor conference.

Mangione is due in court on Friday for a hastily scheduled hearing in the federal case, which involves two counts of stalking. It wasn’t clear what charge or charges Mangione is expected to plead guilty to. The hearing, in Manhattan federal court, comes as his lawyers have been talking with federal prosecutors about a possible resolution to one of two criminal cases against Mangione in Thompson’s death. Previous talks in June broke down.

Mangione, 28, has been charged in both federal and state court in New York and still faces the possibility of a trial in his unresolved state case. Mangione’s state murder trial is set to begin Sept. 8. Both sets of charges carried the possibility of a life sentence.

Mangione has pleaded not guilty and has spoken out publicly against the prospect of two trials, telling a judge in February: “It’s the same trial twice. One plus one is two. Double jeopardy by any commonsense definition.”

Under New York law, a state prosecution could be barred if the federal case is resolved first, but it isn’t automatic.

The state’s double jeopardy protections kick in if a jury has been sworn in a prior prosecution, such as a federal case, or if that prosecution ends in a guilty plea. Mangione’s cases involve different charges arising from the same course of conduct.

Once Mangione pleads guilty, his lawyers could then ask the judge in the state case to throw out those charges on double jeopardy grounds. State prosecutors argue their case is distinct and double jeopardy shouldn’t apply.

Mangione’s federal charges allege that he traveled across state lines by bus to stalk and kill Thompson and that he used means such as a cellphone, the internet, interstate highways and staying at a hostel that serves out-of-state customers while planning and carrying out the attack. The state charges pertain to the killing itself, as well as firearms offenses.

In a letter last month, state prosecutors objected to the possibility of a guilty plea in the federal case wiping out the state case.

“Obviously, any guilty pleas in these matters must account for the seriousness of defendant’s offenses, the loss of an innocent life, the impact of those crimes on the victim’s family, and the other state interests that are implicated, including the sanctity of life principle that underpins the state homicide charges,” Seidemann wrote.

Mangione’s decision to plead guilty comes after a series of setbacks for his defense.

In January, U.S. District Judge Margaret Garnett took the death penalty off the table but ruled that prosecutors could use items collected from Mangione’s backpack during his arrest as evidence against him.

They included a 3D-printed pistol that investigators said matched the one used to kill Thompson and a notebook in which authorities say Mangione described his intent to kill an insurance executive.

In June, Mangione’s lawyers said they would pursue a psychiatric defense in the state case but reversed course a day later. The defense, involving claims that he was suffering from extreme emotional disturbance at the time of the killing, isn’t allowed in federal court.

Surveillance video of the killing showed a masked gunman shooting Thompson from behind. Police say “delay,” “deny” and “depose” were written on the ammunition, mimicking a phrase used to describe how insurers avoid paying claims.

Mangione, an Ivy League graduate from a wealthy Maryland family, was arrested five days later at a McDonald’s in Altoona, Pennsylvania, about 230 miles (about 370 kilometers) west of Manhattan.

He has become a cause célèbre for people upset with the health insurance industry.

An online fundraiser for his legal defense fund raised more than $1.5 million, and several dozen supporters have shown up to his court appearances, some wearing green clothing — the color worn by the Mario Bros. video game character Luigi — and “FREE LUIGI” T-shirts.

Adapted from reporting by the Associated Press.

Forbes Editor Out; Report Says He Took $6M From Founder of Firm that Does Business with Magazine

(Headline USA) The top editor of Forbes left his job last month and was reportedly dismissed for accepting $6 million from the founder of a firm that does business with the magazine.

The New York Times reported this week that Randall Lane was paid by RJ Shook, whose company, Shook Research, worked with Forbes since 2016 to publish rankings of wealth advisers. The payment was made after Shook sold a majority stake in the company to a private equity firm a year ago.

A internal email dated July 23 and reviewed by The Associated Press confirmed that Lane, who had been editor and chief content officer, no longer worked for the company. It provided no other details of his departure. Lane had worked for Forbes for nearly 16 years and as its top editor since 2017.

A person who works at Forbes and spoke on condition of anonymity because of the sensitivity of the issue told the AP that the staff discovered the apparent reasons behind the firing by reading the Times story. A subsequent email sent out this week said the company could not comment on the matter further.

The Times quoted a person familiar with Lane’s thinking as saying he considered the payment a gift in return for advice he had provided Shook over the years.

“‘I made a mistake, and I take responsibility for it,” Mr. Lane said in a statement to The Times. I should have disclosed the gift and failing to was a serious error in judgment. I deeply regret that, and I lost the job and team I love because of it.”

Lane and a spokesperson for Forbes did not respond to requests for comment.

It’s unclear why Shook paid Lane. But the company and Forbes apparently had a close relationship. On its website, for example, Shook Research lists 12 rankings of wealth advisers and management teams in partnership with Forbes.

Also unclear is why Lane thought disclosing the payment would have solved the ethical issues it may have raised. Traditional newsrooms typically forbid journalists from accepting payments from sources or business partners to avoid conflicts of interest — or even the appearance of conflict.

Forbes’ statement of editorial values and standards says that the company “prohibit(s) all staff members and contributors from accepting compensation, privileges or favors of any kind from people, companies or groups featured in their coverage.

“Any real or perceived conflicts of interest or relationships at all (financial, professional, legal actions, personal or otherwise) must be avoided and/or discussed with the appropriate managing editor. If approved, it must be explicitly disclosed in the story to readers to maintain their trust,” it reads. “Any attempt to evade or failure to honor these solemn responsibilities is a serious offense and is subject to review and swift disciplinary action.”

The Times report comes at a low moment for public trust in the media. A majority of Americans — 57% — said they have low confidence in journalists to act in the best interests of the public, according to a Pew Research Center analysis in February.

Forbes was founded in 1917 and developed into an influential biweekly account of corporate America, putting giants like Steve Jobs and Warren Buffett on its cover.

Lane was apparently aware of trust issues in the news business. In 2024, he published a column titled, “How Forbes Delivers Journalism You Can Trust.”

“Thomas Jefferson famously noted that we get the government we deserve,” he wrote. 

“That’s true of our media too.”

Adapted from reporting by the Associated Press.