The Two Words That Will Drive CBS News Into Court After Pelley Firing
When Nick Bilton’s termination letter arrived for Scott Pelley on June 2, two words carried more legal weight than anything else in the document: “for cause.” CBS News chose that language deliberately. Puck reporter Dylan Byers, who first reported Pelley’s firing was imminent, flagged it as a signal the network anticipated litigation and chose its […]
SpaceX Employees Pool $20B in Equity to Squeeze Wealth Managers on Fees Before IPO
A group of SpaceX employees have organized into a collective bargaining bloc, pooling an estimated $20 billion in equity to muscle wealth managers into institutional pricing, ahead of what could be the largest IPO in history, Bloomberg reported. The effort is led primarily by former SpaceX engineer Aisha Ayoub and coordinated through a private Slack […]
Elliott Takes A$1B Stake in Northern Star, Pushes for Strategic Review and Sale
Elliott Investment Management revealed on Monday that it has invested A$1 billion in the ASX-listed Northern Star Resources. The activist investor then immediately began making demands, ordering Northern Star to begin a strategic review, find a buyer if necessary, and fix a board that has overseen too many self-inflicted wounds at Australia’s biggest gold miner. […]
Canada’s Technical Recession: Carney Defends Economy While Trump Posts “51st State”
President Donald Trump revived his “51st State!” taunt after Bloomberg framed Canada’s latest GDP data as the country’s first technical recession since 2020. The one-line post turned a narrow statistical argument into a sovereignty fight, giving Washington’s loudest annexation rhetoric a fresh economic hook. Canada’s economy is weak, but not weak in a way that […]
Is Canada Actually In A Recession?
Canada now has two recession scoreboards, and they are not giving the same answer. On the first scoreboard, the economy has already tripped the market’s recession alarm. Real GDP fell at an annualized 0.1% rate in the first quarter of 2026 after a revised 1.0% decline in the fourth quarter of 2025, putting Canada into […]
Nord Drills 61,389 g/t Silver Over 0.30 Metres at Castle East
Nord Precious Metals (TSXV: NTH) has hit extremely high grade silver at their Castle East project, with one narrow interval grading high enough to rank among the more eye-catching numbers the silver sector has seen this year.
Mercado Minerals Targets District Scale Silver Play With San Dimas Land Grab
Mercado Minerals (CSE: MERC) has set its sights on a corner of Durango, signing two letters of intent to bolt together adjacent silver-gold projects in Mexico’s San Dimas mining district.
Questcorp Sharpens La Union Targets With Expanded IP Survey
Questcorp Mining (CSE: QQQ) has cleared what may be the last technical hurdle standing between it and the drill bit at its La Union gold silver project in Mexico.
Sterling Metals Consolidates Batchewana Belt in All Stock QcX Gold Deal
Sterling Metals (TSXV: SAG) is betting that bigger is better in northern Ontario’s copper district, agreeing to acquire QcX Gold (TSXV: QCX). in an all-stock deal that consolidates much of the Batchewana Copper Belt under a single owner.
Gold Overtakes, But Yet To Dethrone, US Treasuries In Global Reserves
Gold has overtaken US Treasuries as the largest single asset in global official reserves, turning a long-running central-bank hedge into a visible challenge to the market’s safest benchmark debt. The shift is striking but not clean-cut. The European Central Bank said gold represented 27% of total global official reserves at the end of 2025, ahead […]