Economy
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‘Shocking’ Jobs Number Revision Brings Questions about Biden-Harris Economy
(Casey Harper, The Center Square) New federal economic data showed that previous data significantly overestimated the health of the U.S. economy. The Department of Labor released revised jobs data that showed they overestimated the number of jobs created in the U.S. economy by 818,000, a whopping revision that set off alarm bells Wednesday. “That equates…
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Gold Hits Historic Milestones as Inflation and Dollar Weakness Drive Precious Metals Surge
(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo podcast, host Mike Maharrey dived into the ongoing impacts of inflation, Federal Reserve policies, and the latest developments in the gold and silver markets. Maharrey opened the discussion with an analogy comparing the Federal Reserve’s denial of responsibility for inflation to a guilty…
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Kathy Hochul Bragged During DNC Speech about N.Y. Convicting Trump
(Headline USA) New York Gov. Kathy Hochul bragged about former President Donald Trump being convicted on 34 felony counts in her state during her speech at the Democratic National Convention on Monday, the National Review reported. After mistakenly referring to Vice President Kamala Harris as the “first president of the United States,” apparently forgetting to include…
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$1 Million Gold Bars for the First Time Ever!
(Mike Maharrey, Money Metals News Service) For the first time ever, a 400-ounce bar of gold is worth $1 million. No wonder so many central banks and investors are piling up the yellow metal. We hit the $1 million gold bar milestone on Friday when the price of gold topped $2,500 for the first time.…
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Did Mark Twain Anticipate the Trillion Dollar Coin?
(Chris Powell, Money Metals News Service) Responding to the recent commentary about the idea to spectacularly increase the U.S. money supply via the minting and depositing at the Federal Reserve of one or two platinum coins of trillion-dollar denominations, a friend asks: What would a trillion-dollar platinum coin do to the price of U.S. platinum Eagles?…
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Dollar Reserves Have Dropped By 14 Percent Since 2002
(Mike Maharrey, Money Metals News Service) Dollar dominance is slowly ebbing as the world looks to diversify away from the greenback. The share of dollars making up global reserves has dropped by 14 percent since the turn of the century, according to data compiled by the Atlantic Council. As of 2002, dollars accounted for 72…
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‘Childless Cat Ladies’ Explained: Vance’s Crusade Against The War on Family
(Headline USA) Five summers ago, Donald Trump’s running mate JD Vance—then a 34-year-old memoirist and father of a 2-year-old boy—took the stage at a conservative conference and tackled an issue that would become a core part of his political brand: the United States’ declining fertility rate. “Our people aren’t having enough children to replace themselves.…
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Leftist Talkshow Icon Phil Donahue Dead at 88
(Headline USA) Phil Donahue, whose pioneering daytime talk show launched an indelible television genre that brought success to Oprah Winfrey, Montel Williams, Ellen DeGeneres and many others, has died. He was 88. NBC’s Today show, citing family members, said Donahue died Sunday after a long illness. Dubbed “the king of daytime talk,” Donahue was the…
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Kamala Comes Out w/ Gibberish and Head-Scratching Moments While in Pa
(Luis Cornelio, Headline USA) Vice President Kamala Harris offered unscripted remarks on Sunday after avoiding exchanges with the friendly legacy media since being named the presumptive Democratic nominee for president. Her speeches, delivered while campaigning in western Pennsylvania, were marked by her infamous word salads and incoherent rambling. In Rochester, Pennsylvania, Harris baffled her supporters with…
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Trump Takes 2-Point Lead in Crucial Swing State w/ Help from Ballot Chasers
(Dmytro “Henry” Aleksandrov, Headline USA) Donald Trump is leading Kamala Harris by two points in Pennsylvania, with Trump’s 51% going against Harris’s 49% in a head-to-head race. A new Emerson poll included undecided voters who had to decide between the two. The poll was released on Aug. 16, 2024, and conducted with 1,000 likely voters…
