Investing
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Intel Plans to Cut 15K Jobs, Despite Taking Nearly $20B in Biden Bucks
(Headline USA) Chipmaker Intel says it is cutting 15% of its huge workforce—about 15,000 jobs—as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. In a memo to staff, Intel Corp. CEO Pat Gelsinger said Thursday the company plans to save $10 billion in 2025. “Simply put,…
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Trump Demands Merchan’s Recusal after Kamala Paid His Daughter $7M in ‘Services’
(Luis Cornelio, Headline USA) President Donald Trump is calling for the immediate recusal of Judge Juan Merchan from his Manhattan case due to his daughter’s ties to Vice President Kamala Harris and multi-million-dollar business dealings with her. On Thursday, Trump’s attorneys filed a motion citing Loren Merchan’s relationship with Harris’s political campaigns as evidence of potential…
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Biden Blames Trump for Hostages Taken on HIS Watch
(Luis Cornelio, Headline USA) President Joe Biden appeared to take a jab at this predecessor, Donald Trump, regarding American citizens taken hostage after Trump left office. On Thursday, the Biden administration announced the release of three American citizens who had been imprisoned in Russia. During a press conference about the release, Biden was asked to respond to…
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Local Law Enforcement Refusing to Release 911 Recordings from Trump Shooting
(Ken Silva, Headline USA) The Intercept has reported that officials in Butler County, Pennsylvania, are refusing to release 911 recordings from the rally in which former President Donald Trump was nearly assassinated. The Intercept reported Saturday that it filed a records request for the recordings shortly after the assassination attempt. On Monday, the county reportedly…
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SELLERS: Kamala Revealed to Be 380-Pound Black Man from Mississippi
(Ben Sellers, Headline USA) Although Vice President Kamala Harris may mispronounce the name, it is a well-known fact that there is only one true “Kamala” Harris. That would be James Arthur Harris—the 6-foot-7, 380-pound professional wrestler, who sadly passed away in 2020 at the age of 70, just months before his namesake imitator was elevated…
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Congressional Republicans Probe Iran Ties of Kamala’s National Security Adviser
(Headline USA) Congressional Republicans announced that they were investigating Vice President Kamala Harris’s national security adviser for alleged ties to the Iranian regime. Rep. Elise Stefanik, R-N.Y., and Sen. Tom Cotton, R-Ark., sent a letter to Harris, who is now the Democratic Party’s presumptive presidential nominee, demanding answers about Philip Gordon’s role with her campaign. Gordon,…
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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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Central Bank and Over-the-Counter Buying Pushed Gold Demand to Record Levels in Q2
(Mike Maharrey, Money Metals News Service) Gold demand was up 4 percent to 1,258 tons in the second quarter, the highest level on record since the World Gold Council started compiling data in 2000. Demand for gold was strong in the second quarter despite record gold prices. The LBMA gold price averaged a record of…
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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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UFOs Spotted in Trump Shooting Footage—Really
(Ken Silva, Headline USA) Was it a Bird? Was it a Drone? UFOs spotted in the footage of the July 13 Trump shooting have sparked rampant speculation online. The unidentified flying objects were spotted shortly before Trump was grazed in the ear by a bullet. What those flying objects were is another question. JUST IN:…
