Factory Orders Dive 4.8%, Biggest Fall Since Pandemic-Lockdown Era
US factory orders fell 4.8% in June, erasing more than half of May’s tariff front-running 8.3% surge and marking the sharpest month-over-month decline since the pandemic lockdowns in April 2020. The pullback was widely anticipated—economists had penciled in the retreat in the same level—but the scale still underscores how volatile headline demand has become. The […]
Meta Platforms Faces $190B Penalty For Recording Menstrual Data
Meta Platforms broke California privacy law by recording women’s menstrual data without consent, a San Francisco federal jury ruled on Friday. The eight-member panel found the company intentionally “eavesdropped” on users of Flo Health’s fertility tracking app, violating the wiretapping provision of the California Invasion of Privacy Act. Flo transferred intimate details — including cycle […]
Boeing Defence Workers Strike Hits Fighter Jet Production
Boeing (NYSE: BA) faces fresh turbulence as 3,200 unionised defence-plant workers walked off the job at midnight Monday, its first defence-side strike since the mid-1990s and the company’s second work stoppage in under a year. The International Association of Machinists and Aerospace Workers District 837 rejected Boeing’s revised four-year contract that promised an average 40% […]
Ghislaine Maxwell Transferred to Minimum-Security Prison After Justice Department Interview
Jeffrey Epstein accomplice Ghislaine Maxwell has been moved to a minimum-security federal prison camp in Texas, prompting outrage from abuse survivors who denounce the transfer as unwarranted leniency. The Bureau of Prisons said Friday that Maxwell is housed at Federal Prison Camp Bryan, which typically accommodates nonviolent federal offenders. The relocation violates standard policy requiring […]
Element79 Gold To Acquire Gold Mountain In Cash-Stock Deal
Element79 Gold (CSE: ELEM) has executed a definitive asset purchase agreement that secures 100% ownership of the Gold Mountain Project in Lander County, Nevada—a package that covers 34 unpatented claims on the Battle Mountain trend. Consideration for the acquisition is 100 million Element79 shares priced at $0.02 (roughly $2 million) plus a deferred cash payment […]
Economic Experts Condemn Trump’s Firing of Labor Statistics Chief
Economists and former government officials are raising alarms about the integrity of federal economic data after President Donald Trump fired the head of the Bureau of Labor Statistics on Friday, calling it an unprecedented attack on the independence of government statistical agencies. Trump fired Commissioner Erika McEntarfer hours after the BLS reported that the US […]
San Dimas: First Majestic Silver’s Sleeper Asset
When it comes to First Majestic Silver Corp. (TSX: AG) (NYSE: AG), the narrative among investors as of late has largely been centered around Cerro Los Gatos, which was acquired earlier this year, Jerritt Canyon, which was acquired a few years back, and the top-performing Santa Elena complex, which has now had multiple major discoveries in the last 12 months alone.
New Gold Q2 Earnings: Record Free Cash Flow
There’s nothing worse than reporting earnings as a gold miner.. On a day that the price of gold is down. Even a little bit. New Gold (TSX: NGD) found that out the hard way on Monday, the equity selling off by roughly 5%, despite beating analyst estimates on both EPS and revenue. But in fairness, […]
STLLR Gold: The Tower Gold PEA
When it comes to economic studies for mining projects, it isn’t an unfair statement to say that not all studies are the same. What we mean by this is that some analysts are heavy on costs, while others are .. less rigorous. Investors that follow the sector religiously likely already have a sense of who […]
Canadian Provinces Hit With Massive Deficits in 2025
Provincial governments across Canada are headed toward significant fiscal deficits in 2025, pressured by persistent economic sluggishness and challenging demographics, according to a new report from The Conference Board of Canada. “Provinces will continue to feel the pinch from higher interest rates brought on by pandemic‑era spending,” said Richard Forbes, Principal Economist at The Conference […]