Business
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Boeing Names New CEO after Posting Loss of More than $1.4B in Q2
(Headline USA) Boeing named a longtime aerospace industry veteran Wednesday as its next chief executive, who will take over a company rocked by legal, regulatory and production problems and mounting financial repercussions. Robert “Kelly” Ortberg, a former CEO at Boeing supplier Rockwell Collins, will succeed David Calhoun as CEO and president effective Aug. 8, the…
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CNN, ABC Go Broke, Shut Down Depts., Workers Brace for Layoffs, Budget Slashes
(Dmytro “Henry” Aleksandrov, Headline USA) It was recently revealed that both CNN and ABC News started experiencing financial difficulties due to Americans’ disinclination to watch nonstop far-left propaganda, which resulted in the networks shutting down entire departments, laying off workers, and slashing their budgets. The Hill reported that CNN permanently shut down its entire opinion…
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Federal Reserve Poised to Surrender to Inflation
(Mike Maharrey, Money Metals News Service) The Federal Reserve unfurled the white flag during the July FOMC meeting and set the stage to surrender to inflation. That may seem like an odd way to frame the messaging that came out of the most recent Fed meeting, but surrender is exactly what Powell & Company are…
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House GOP Subpoenas Biden Agency over Unconstitutional ‘Voter Registration’ Program
(Headline USA) House Republicans issued a subpoena to a key Biden administration agency this week over its efforts to register voters in Michigan. The House Committee on Small Business launched an investigation into President Joe Biden’s Small Business Administration earlier this year after the SBA released a memorandum of understanding (MOU) designating itself as a voter-registration…
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Delta CEO: Disruptions from CrowdStrike’s Global Meltdown Cost Airline Half a Billion Dollars
(Headline USA) Delta Air Lines CEO Ed Bastian says the airline is facing $500 million in costs related to a global tech outage this month that disrupted emergency services, communications and thousands of businesses. Speaking on CNBC, Bastian said Wednesday that the monetary amount represents lost revenue as well as “the tens of millions of…
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Racist Prof. Uses Obama-Era Data to Rationalize Rise in Black Supremacy
(Molly Bruns, Headline USA) A study performed by researchers at Texas’s Rice University revealed that so-called black nationalism rose in a response to alleged “white supremacy,” according to the College Fix. The paper referenced Marvel’s 2018 Black Panther film in the title: “Wakanda forever! Consistency in correlates of black nationalist tendencies.” The movie was well received,…
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Money Metals Midweek Memo: Market Insights and Economic Commentary
(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey offers an in-depth look at the economy, emphasizing the importance of understanding the underlying factors that drive market trends and economic conditions. Maharrey draws an analogy to football, suggesting that just as casual fans may miss crucial plays…
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Kamala’s Planned Tour of Battleground States May Offer Hints about Running Mate
(Headline USA) Vice President Kamala Harris is set to launch a battleground tour next week with her yet-to-be-named running mate, with stops in seven swing states stretching from Pennsylvania to Nevada, her campaign said Tuesday. With precious little time to spare, the campaign’s announcement may have given some indication as to whom she is likely…
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Fed’s First Interest-Rate Cut in 4 Years Likely on Horizon as Election Day Approaches
(Headline USA) With the end of their two-year fight against inflation in sight, Federal Reserve officials were likely Wednesday to set the stage for the first cut to their key interest rate in four years—a major shift in policy that could eventually lower borrowing costs for U.S. consumers and businesses. The move may also be…
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Venezuelans Riot over Maduro’s Stolen Election that Used Same Equipment U.S. Does
(Jacob Bruns, Headline USA) Venzuelan President Nicolás Maduro reportedly arrested and jailed the opposition leader Tuesday following heavily disputed elections that led to a mass public uprising against the socialist despot a eerily similar to that in the United States under President Joe Biden. Maduro claimed victory against opponent Edmundo González—at least according to a…
