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Judge Strikes Down Race-Based Provision In Biden-Era Internet Access Grant Program Authored by Aldgra Fredly via The Epoch Times, A federal judge ruled on July 15 that a race-based provision of the Digital Equity Act, signed by President Joe Biden in 2021 to close digital gaps, was unconstitutional. A judge's gavel rests on top of a desk in a courtroom in Miami, Fla., on Feb. 3, 2009. Joe Raedle/Getty Images The Digital Equity Act was part of Biden's Infrastructure Investment and Jobs Act, which appropriated $2.75 billion to the National Telecommunications and Information...

The Coming Return Of Commodity-Backed Money Authored by Chris MacIntosh via InternationalMan.com, This piece is as much a mental exploration as a fact-gathering exercise. Let’s begin with the problem. Bank failures come together with economic failures. So trusting banks is a problem, but furthermore, trusting fiat currency is also a problem. This is on top of the issue that moving capital from one bank to another is increasingly fraught with headaches. AML and KYC have become weaponised, and the global surveillance system is tightening its grip. So movement of capital, treasury, and of course...

UBS Says Watch Beaten-Down Consumer Stocks, But Is "Reluctant To Call Outright Bottom" The Conference Board's Consumer Confidence Index has fallen to its lowest level since April 2014, but UBS equity trader Mark Paski is watching closely for signs of a bottom in beaten-down consumer stocks. Paski explained: Some of the US consumer sector's biggest laggards are beginning to outperform despite little improvement in the underlying data, a potential sign that prices may be bottoming before fundamentals. The sector remains deeply unloved, with investors heavily underweight, tax-loss selling still dominating conversations...