SoftBank Group, the Japanese investment giant led by CEO Masayoshi Son, has recently unveiled a substantial initiative to invest $100 billion in U.S. projects over the next four years. This strategic investment was announced at Trump’s Mar-a-Lago resort, reflecting a renewed optimism surrounding the American economy as President-elect Donald Trump…

The recent acknowledgment of gold price manipulation by the Official Monetary and Financial Institutions Forum (OMFIF) marks a significant development in the global financial landscape. OMFIF’s report, titled “Gold and the New World Disorder,” indicates a shift towards recognizing the impact of concentrated short positions in the gold market, particularly…

In “How China Will Change Almost Everything,” Dr. Martin Jacques discusses the historical context of China’s economic timeline, emphasizing its significance as the world’s largest economy until the mid-19th century when it represented a substantial portion of global trade. This prominence shifted after the British Opium Wars in the early…

The U.S. Postal Service (USPS) is facing significant delays in its multibillion-dollar initiative to acquire electric mail delivery trucks, a program critical to President Joe Biden’s climate change efforts. Initially touted as a central part of Biden’s agenda, the plan to replace aging postal vehicles with electric models is now…

On a significant day for the U.K. postal service, the British government granted approval for the acquisition of Royal Mail’s parent company, International Distribution Services (IDS), by Czech billionaire Daniel Kretinsky. This moment marks a historic shift, as it will allow Royal Mail to transition into foreign ownership for the…

Pubs and bars across the UK are currently facing a shortage of Guinness, prompting establishments to ration the iconic Irish stout in anticipation of the Christmas season. This shortage arises from a marked increase in demand for Guinness, particularly among younger demographics, including women. Reports indicate that the rise in…

President-elect Donald Trump is reportedly contemplating the privatization of the United States Postal Service (USPS), as highlighted in a recent Washington Post article. Sources knowledgeable about the discussions indicated that Trump has been conferring with Howard Lutnick, his choice for Commerce Secretary, to strategize a significant transformation of the USPS.…

In recent times, the surge in grocery prices, particularly the dramatic rise in egg prices, has caused shock among consumers. A report highlighting prices in western Washington shows eggs now costing between five to eight dollars a carton—an unbelievable leap from the 99 cents observed only a few years ago.…

Rising food inflation poses a significant threat to global food security, disproportionately impacting the most vulnerable populations across various regions of the world. As food prices soar, the consequences are particularly severe in countries experiencing economic instability, climate challenges, and political unrest. In 2024, countries from South America to Africa…

In a recent development, ABC News and prominent anchor George Stephanopoulos agreed to a $15 million settlement with former President Donald Trump, stemming from a contentious interview in which Stephanopoulos implied Trump was “liable for rape.” This assertion emerged during an exchange with Rep. Nancy Mace (R-SC) regarding her experiences…

In a recent episode of the Money Metals Midweek Memo, host Mike Maharrey delves into the intricate relationship between Bitcoin and gold, scrutinizing their respective roles in the modern financial landscape. He shares personal anecdotes about his journey with Bitcoin since 2016, discussing his initial purchase decisions and the subsequent…