Author

admin

Browsing

The price of zinc was on the rise in 2024, but this year has been a different story. The metal’s value has trended down for most of 2025 on the back of increased supply and weakening demand.

Many base metals have taken hit from lagging demand in recent years due to sticky inflation and higher interest rates, and zinc is no exception. Zinc supply has also faced pressure from higher mining and refining costs, causing some major zinc mines and smelters to suspend operations, with more possible if the current economic situation continues.

With its important role in the steel manufacturing process, the zinc market is heavily influenced by international trade. One area of support in the last few months has been turmoil caused by the US-China trade war and tariff threats .

Data was gathered on July 30, 2025, using TradingView’s stock screener, and only zinc stocks with market caps greater than C$50 million at that time were considered. Read on to learn more about their operations and plans.

1. Teck Resources (TSX:TECK.A,TSX:TECK.B)

Market cap: C$22.01 billion
Share price: C$45.04

Teck Resources is a major global polymetallic miner, as well as one of the world’s top zinc producers.

The Vancouver-headquartered company produced 615,900 metric tons (MT) of zinc in concentrate in 2024, with 555,600 MT coming from its Red Dog zinc mine in Alaska. The remaining 60,300 MT came from Teck’s 22.5 percent share of zinc production from the Peru-based Antamina copper-zinc mine.

Teck’s total 2025 production guidance for the base metal is set in a range of 525,000 to 575,000 MT. As of June 30, the company’s zinc production for the year totaled 384,000 MT.

In addition to the sites mentioned, Teck owns the Trail operations, which it describes as ‘one of the world’s largest fully integrated zinc and lead smelting and refining complexes.’ Located in BC, Canada, the Trail operations produced 256,000 MT of refined zinc in 2024, with 190,000 to 230,000 MT of the material expected in 2025.

Teck pays a quarterly dividend. On September 29, it will pay out a dividend of C$0.125 per share.

2. Fireweed Metals (TSXV:FWZ)

Market cap: C$485.11 million
Share price: C$2.32

Fireweed Metals is a critical metals company whose flagship Macmillan Pass zinc project is located in Canada’s Yukon. In 2023, the company acquired the Gayna River zinc project in the Northwest Territories, as well as the Mactung tungsten project, which is adjacent to Macmillan Pass and straddles the border between Yukon and the Northwest Territories. According to Fireweed, Mactung ‘hosts the world’s largest high-grade tungsten deposit.’

Even with these new assets, the company still has a strong focus on Macmillan Pass. In fact, in November 2023, the Fireweed team, led by Dr. Jack Milton, the firm’s vice president of geology, received the Association for Mineral Exploration’s H.H. “Spud” Huestis Award for its work at the Macmillan Pass property.

Fireweed’s best drill intersection to date from Macmillan Pass’ Boundary zone includes 143.95 meters true width at 14.45 percent zinc, including 28.71 meters at 25.52 percent zinc. In September 2024, after its largest regional exploration campaign ever at Macmillan Pass, the company released an updated resource estimate for the Tom and Jason deposits, as well as inaugural resource estimates for the Boundary zone and End zone deposits.

Fireweed launched its 2025 field program in early June, saying it will include 12,000 meters of diamond drilling at Macmillan Pass. The work will target ‘both high-priority regional prospects and step-outs around known zinc-lead-silver-gallium-germanium deposits,’ according to a press release.

3. Trilogy Metals (TSX:TMQ)

Market cap: C$405.68 million
Share price: C$2.47

Trilogy Metals is focused primarily on copper, zinc and cobalt at its Alaskan Upper Kobuk projects, which are held by Ambler Metals, a joint venture operating company owned equally by Trilogy and South32 (ASX:S32,OTC Pink:SHTLF).

Its most advanced zinc project is the Arctic copper-zinc-lead-gold-silver volcanogenic massive sulfide project, which is in the feasibility stage and has proven and probable reserves of 43.44 million MT grading 3.12 percent zinc.

In addition, early stage 2023 field work at the company’s wholly owned Helpmejack project in Alaska’s Ambler schist belt outlined two target areas prospective for volcanogenic massive sulfide and shale-hosted zinc deposits.

Trilogy had been focusing on improving access to the region with its Amber Access project, but it was rejected by the US Bureau of Land Management under the Biden administration in June 2024 due to the impact the proposed road could have on the environment and communities in the region, which have seen little development.

However, under the Trump administration, a series of executive and secretarial orders focusing on developing Alaska’s natural resources have been enacted that could reverse this decision.

“Recent actions taken by President Donald Trump and Interior Secretary Doug Burgum signal a positive path forward for the Ambler Road,’ Trilogy Metals President and CEO Tony Giardini said. ‘This transportation corridor is crucial not only for providing access to the minerals that are vital to U.S. national security and prosperity, but also for much-needed economic growth and job creation in Alaska. Trilogy Metals is committed to working with all stakeholders on progressing the road, to unlock the vast natural resource potential of the Ambler Mining District.”

4. Emerita Resources (TSXV:EMO)

Market cap: C$317.02 million
Share price: C$1.20

Emerita Resources has a portfolio of high-grade, large-scale polymetallic projects covering more than 26,000 combined hectares in Spain’s Iberian Pyrite Belt. The company’s flagship asset is the Iberian Belt West project, which hosts three massive sulfide deposits: La Infanta, La Romanera and El Cura.

Emerita released a resource estimate for Iberian Belt West in May 2023. It finished environmental baseline studies the following month, and completed supporting documentation for its mining license application in December 2023.

In July 2024, the Andalusian government granted Iberian Belt West a declaration of strategic interest, which will streamline the process of moving the project through development.

Phase 2 metallurgical testing results for the La Romanera and La Infanta deposits released in late 2024 show that commercial-grade copper, lead and zinc concentrates can be obtained from both deposits.

In March of this year, Emerita announced an updated resource estimate for Iberian Belt West, showing a 35 percent increase to the total indicated mineral resource tonnage and a 44 percent increase in total inferred mineral resource tonnage. Also this year, Emerita made the cut for the latest TSX Venture 50 list.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Wednesday (August 13) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) was priced at US$122,444, up by 2.6 percent over the last 24 hours, and its highest valuation of the day. It briefly dropped to its lowest valuation of $120,414 shortly after the opening bell.

Bitcoin has found itself at the crossroads of macroeconomic data, political influence and shifting capital flows. Inflation statistics and central bank dynamics have introduced caution, while stablecoin activity and institutional appetite are hinting at a redistribution into altcoins.

Bitcoin price performance, August 13, 2025.

Chart via TradingView.

Meanwhile, Ethereum (ETH) continued to rally, up by 4.5 percent to US$4,716.60. The cryptocurrency’s lowest valuation on Wednesday was US$4,638.43, and its highest was US$4,738.59.

Glassnode notes that ETH is a bellwether for altcoins, and its current move as capital continues to flow into exchange-traded funds suggests further upside. In an X post on Wednesday, Charles Edwards, founder of crypto quantitative digital asset fund Capriole Investments, shared data showing that 75 percent of Coinbase Global’s (NASDAQ:COIN) volume came from institutional players on Tuesday (August 12).

He pointed to the outlook for interest rates following the release of July inflation data.

Altcoin price update

  • Solana (SOL) was priced at US$200.74, up by 6.1 percent over 24 hours, and its highest valuation of the day. Its lowest valuation was US$195.81.
  • XRP was trading for US$3.27, up 0.1 percent in the past 24 hours and at its highest valuation of the day. Its lowest was US$3.24.
  • Sui (SUI) was trading at US$3.99, up by 2.3 percent over the past 24 hours, and its highest valuation of the day. Its lowest level was US$3.93.
  • Cardano (ADA) was trading at US$0.8827, up by 4.6 percent over 24 hours, and its highest valuation on Wednesday. Its lowest was US$0.8660.

Today’s crypto news to know

World Liberty Financial sets up US$1.5 billion crypto treasury

World Liberty Financial, a digital asset venture backed by US President Donald Trump and his sons, has announced plans to establish a US$1.5 billion “crypto treasury” in partnership with ALT5 Sigma (NASDAQ:ALTS).

Under the deal, ALT5 will raise US$1.5 billion through the sale of its own shares. The funds will go toward the purchase of World Liberty’s in-house token, $WLFI, and will also be used to set up a crypto treasury, settle litigation, pay down debt and for other corporate uses. It will ultimately hold about 7.5 percent of $WLFI tokens.

Unnamed institutional investors and venture capital firms participated in the share sale. Crypto treasury models have grown in popularity this year amid a friendlier US regulatory stance under the Trump administration.

The project’s leadership is heavily tied to the Trump family, with Trump himself listed as “co-founder emeritus,” and Eric, Donald Jr. and Barron Trump holding co-founder titles.

As part of the arrangement, Eric Trump will join ALT5’s board and Zach Witkoff will serve as its chair.

Bullish shares surge on NYSE debut

Bullish (NYSE:BLSH), the parent company of Bullish Exchange and CoinDesk, began trading on the New York Stock Exchange on Wednesday. Shares were priced at US$37 each, an increase from an earlier target of US$33, with 30 million on offer to raise US$1.1 billion and value the company at nearly US$5.4 billion.

Shares surged as much as 218 percent to reach US$118 on trading volume of roughly 38 million shares, before pulling back to close at US$70.65. The initial public offering pushed the company’s market cap above US$10 billion.

Banking groups push for stablecoin loophole closure

US banking groups, led by the Bank Policy Institute (BPI), are urging Congress to close a loophole that allows stablecoin issuers to indirectly offer yields through affiliates. They argue that while new stablecoin laws prevent issuers from directly offering yield, they don’t prohibit crypto exchanges or affiliated businesses from doing so.

The groups contend that this circumvents the law and could lead to a US$6.6 trillion outflow of deposits from traditional banks, potentially disrupting credit flow to American businesses and families.

Banks are concerned that yield-bearing stablecoins undermine their ability to attract deposits, which are crucial for backing loans. The offering of yield is a significant marketing draw for stablecoins, with some, like USDC, already rewarding holders on exchanges such as Kraken and Coinbase (NASDAQ:COIN).

Safe harbor programs proposed for DeFi

In a Wednesday letter, Andreessen Horowitz (a16z) and the DeFi Education Fund asked the US Securities and Exchange Commission (SEC) and Hester Peirce, head of the commission’s Crypto Task Force, to set up a safe harbor program from broker-dealer registration requirements for non-fungible token (NFT) and DeFi applications.

The group said the letter was a follow up to Trump’s Working Group on Digital Assets, which called on the SEC to give certain DeFi service providers relief from registration provisions under the Exchange Act, specifically those related to broker-dealers, exchanges and clearing agencies. SEC Chair Paul Atkins also directed staff to update “antiquated agency rules and regulations” for certain crypto and blockchain applications in July.

To avoid enforcement actions, a safe harbor provision would exempt some companies that offer crypto-related products and services from enforcement actions. a16z has sent two previous letters to the commission this year recommending safe harbors for NFTs, airdrops and network tokens.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Vice President JD Vance is poised to meet with U.S. troops at a military installation in England Wednesday – capping off a high-stakes trip to the U.K. meeting with European leaders to discuss the war in Ukraine ahead of President Donald Trump’s Friday meeting with Russian President Vladimir Putin.

Vance’s visit to the U.K. comes as he’s sought to lay some groundwork with European allies leading up to Trump’s talk with Putin in Anchorage, Alaska – and as he’s turned up the heat on them to take greater ownership in the discussions since the conflict is in their backyard. 

The vice president is slated to visit Royal Air Force Base Fairford, where the U.S. Air Force’s 501st Combat Support Wing and the 99th Expeditionary Reconnaissance Squadron are based. Vance, a former Marine, is expected to voice appreciation for their service, according to a source familiar with Vance’s prepared remarks. 

The military installation serves as a key location for U.S. Air Force operations and is Air Force Global Strike Command’s preferred bomber forward operating base in Europe. U.S. Air Force bombers are regularly deployed to the military base as part of Bomber Task Force Europe 25-2 to integrate with NATO allies and sharpen the service’s global strike capabilities. 

Days after Putin invaded Ukraine in 2022, several Air Force B-52H Stratofortress bombers from Fairford conducted joint operations with Germany and Romania over NATO’s eastern flank.

There are approximately 10,000 U.S. troops stationed in the U.K., according to foreign policy think tank Council on Foreign Relations. 

Prior to addressing U.S. troops, Vance is poised to participate in calls with European leaders to discuss the conflict between Russia and Ukraine, Fox News Digital has learned. 

The calls come on the heels of multiple other discussions with European allies on a series of topics – including the war – during Vance’s U.K. visit. Vance has met with multiple U.K. leaders, including U.K. Foreign Secretary David Lammy. 

A U.S. official told Fox News Digital that Vance and Lammy discussed the relationship between the U.S. and the U.K. and the two allies’ shared economic and technology goals during a meeting on Friday at Lammy’s official residence, Chevening House, in Kent, England. 

Meanwhile, the two leaders also discussed the state of affairs in the Middle East, as well as negotiations between Russia and Ukraine, the U.S. official said. 

The two also met with representatives of Ukraine and other European allies at Chevening House on Saturday. The meeting led to ‘significant progress’ on ending the conflict in Ukraine, according to a U.S. official. 

No other details were provided regarding the Ukraine talks. It’s unclear if Vance will accompany Trump to Alaska for talks with Putin. 

However, Vance said in an interview with Fox News that he communicated to European leaders that the U.S. is ‘done with the funding of the Ukraine war business,’ and that European allies must assume more responsibility in ending the conflict. 

‘What we said to Europeans is simply, first of all, this is in your neck of the woods, this is in your back door, you guys have got to step up and take a bigger role in this thing, and if you care so much about this conflict you should be willing to play a more direct and a more substantial way in funding this war yourself,’ Vance told Fox News on Sunday. 

Congress has passed multiple measures to support Ukraine, totaling at least $175 billion in spending to aid Ukraine since February 2022, according to the Council on Foreign Relations. 

Meanwhile, Trump told reporters Monday that he’d know within minutes is Putin actually interested in a deal or not. Still, he said Moscow and Kyiv must come to terms with some ‘land swapping’ issues to sign off on a deal. 

‘If it’s a fair deal, I will reveal it to the European Union leaders and the NATO leaders and also to President Zelenskyy,’ Trump said. ‘I may say, ‘lots of luck, keep fighting,’ or I may say we can make a deal.’

Trump’s meeting with Putin also comes as his relationship with the Russian leader has soured as peace negotiations have lagged. While the two seemed to remain cordial with each other publicly during Trump’s first administration, that’s changed in recent weeks as Trump has grown fed up with Putin’s tactics. 

‘We get a lot of bulls— thrown at us by Putin, if you want to know the truth,’ Trump said during a Cabinet meeting on July 8. ‘He’s very nice all the time, but it turns out to be meaningless.’

This post appeared first on FOX NEWS

Adversaries’ fear of the U.S. military is what makes tough negotiations like the one President Donald Trump is scheduled to have with Russian President Vladimir Putin possible, Vice President JD Vance told U.S. troops stationed in England on Wednesday. 

Vance’s comments come as he’s spent the past several days meeting with multiple European leaders in preparation for Trump’s meeting in Anchorage, Alaska, with Putin in an attempt to end the war between Russia and Ukraine.

‘You guys make that possible,’ Vance, a former Marine, told U.S. troops stationed at Royal Air Force Base Fairford. ‘You guys are the reason why we can go into a negotiation with strength. You guys are the reason why we have leverage in these conversations with world leaders. Because they know that if we cut a deal, it is backed up by the finest fighting force anywhere in the world. And that is what makes your job so important.’

‘The fact that people are impressed by you, the fact that so many people are frankly afraid of you is why we’re able to do what we do as an administration,’ Vance said. 

Royal Air Force Base Fairford is home to the U.S. Air Force’s 501st Combat Support Wing and the 99th Expeditionary Reconnaissance Squadron. It is also paramount for U.S. Air Force operations and serves as Air Force Global Strike Command’s preferred bomber forward operating base in Europe. 

The Air Force routinely sends bomber aircraft to the military base as part of Bomber Task Force Europe 25-2 to train with NATO allies. For example, multiple Air Force B-52H Stratofortress bombers from Fairford participated in an exercise with Germany and Romania over NATO’s eastern flank in March 2022 — just after Putin launched his invasion into Ukraine.

Roughly 10,000 U.S. troops are based in the U.K., according to foreign policy think-tank Council on Foreign Relations.

Vance told troops that he had just wrapped up a call with approximately 30 European leaders, coming on the heels of various meetings with other European allies about Ukraine talks in recent days. 

A Saturday meeting with representatives of Ukraine and other European allies led to ‘significant progress’ on ending the conflict in Ukraine, a U.S. official told Fox News Digital. More details on the discussions were not available. 

But Vance said in a Sunday interview that he informed European leaders the U.S. is ‘done with the funding of the Ukraine war business,’ and that they must take on more of the burden in resolving the war. 

‘What we said to Europeans is simply, ‘First of all, this is in your neck of the woods. This is in your back door. You guys have got to step up and take a bigger role in this thing, and if you care so much about this conflict, you should be willing to play a more direct and a more substantial way in funding this war yourself,’’ Vance told Fox News Sunday.

Trump told reporters Monday that he’d be able to tell almost instantly if Putin is serious about negotiating a deal or not, and that he’d keep European leaders like Ukrainian President Volodymyr Zelenskyy in the loop after the meeting.

‘If it’s a fair deal, I will reveal it to the European Union leaders and the NATO leaders and also to President Zelenskyy,’ Trump said. ‘I may say, ‘Lots of luck, keep fighting,’ or I may say we can make a deal.’

This post appeared first on FOX NEWS

President Donald Trump threatened ‘very severe consequences’ for Russia if President Vladimir Putin doesn’t agree to end the war in Ukraine after their meeting in Alaska on Friday. 

Trump issued the warning Wednesday as he is preparing for a sit-down with Putin in Anchorage. 

‘Yes, they will. There will be consequences,’ Trump said in response to a reporter’s question on the topic. The president then refused to elaborate on what the punishment would be. 

‘I don’t have to say. There will be very severe consequences,’ he added. 

Trump later appeared to cast doubt on whether he could convince Putin to stop bombing Ukrainian civilians. 

‘I’ll tell you what. I’ve had that conversation with him. I’ve had a lot of good conversations with him then I go home and I see that a rocket hit a nursing home or a rocket hit an apartment building, and people are laying dead in the streets,’ Trump said. 

‘So, I guess the answer to that is no, because I’ve had this conversation. I want to end the war. It’s Biden’s war, but I want to end it. I’ll be very proud to end this war, along with the five other wars I ended. But, I guess the answer to that is probably no,’ Trump continued. 

Ukrainian President Volodymyr Zelenskyy also said Wednesday that there is ‘no sign’ that Russia is preparing to end the war in Ukraine. 

‘At present, there is no sign that the Russians are preparing to end the war. Our coordinated efforts and joint actions – of Ukraine, the United States, Europe, and all countries that seek peace – can definitely compel Russia to make peace,’ Zelenskyy said on X. 

This post appeared first on FOX NEWS

President Donald Trump indicated Wednesday that he would meet with the top congressional Democrats ahead of the looming government funding deadline, but said he didn’t believe it would go well.

Lawmakers in the House and Senate are currently away from Washington, D.C., in their respective districts and states, but the Sept. 30 deadline to prevent a partial government shutdown will be just a handful of weeks away when they return after Labor Day.

And there is a brewing tension between Republicans and Democrats over just how the looming government funding fight will shake out.

Trump, during a press conference where he announced a slate of Kennedy Center honorees, said he would meet with Senate Minority Leader Chuck Schumer, D-N.Y., and House Minority Leader Hakeem Jeffries, D-N.Y., before the deadline.  

‘But it’s almost a waste of time to meet, because they never approve anything,’ Trump added.

‘I don’t believe anybody is capable of making a deal with these people,’ he continued. ‘They have gone crazy.’

Fox News Digital reached out to Schumer and Jeffries for comment but did not immediately hear back.

Lawmakers must pass the dozen spending bills needed to fund the government to avert a partial shutdown, but that process, known as regular order, has not happened in decades.

While Senate Majority Leader John Thune, R-S.D., has made clear he wants to pass spending bills, and the Senate did indeed pass a trio of funding measures before leaving town, Congress will likely again turn to a short-term government funding extension, known as a continuing resolution (CR).

However, any CR must pass muster with Senate Democrats, given that the legislation has to pass through the upper chamber’s 60-vote threshold.

And congressional Democrats have a bitter taste left in their mouths after Republicans rammed through Trump’s $9 billion clawback package, which included deep cuts to NPR, PBS and foreign aid. They warned that any more attempts to claw back congressionally approved funding on a partisan basis could doom government funding negotiations.

Ahead of the vote to pass three spending bills in the Senate, which included funding for military construction and Veterans Affairs, agriculture and the Food and Drug Administration (FDA), and the legislative branch, congressional Democrats vowed that they would play ball – as long as the appropriations process was bipartisan.

‘We all want to pursue a bipartisan, bicameral appropriations process,’ Schumer said at the time. ‘That’s how it’s always been done, successfully, and we believe that, however, the Republicans are making it extremely difficult to do that.’

Earlier this year, Schumer briefly flirted with a government shutdown. However, he eventually relented and voted with Republicans to keep the lights on in Washington, and in the process ignited a firestorm within his own party over his ability as leader of the Senate Democratic caucus.

This post appeared first on FOX NEWS

The Democratic National Committee slammed Vice President JD Vance for fishing on a private lake with British Foreign Secretary David Lammy during Vance’s official trip to the United Kingdom. 

Republicans were quick to respond to what appears to be the latest in a series of attacks by Democrats against the vice president over outdoor activities and family outings Vance mixes in during his rigorous official travel schedule. 

The DNC War Room issued a press release Wednesday titled ‘VACATION VANCE AT IT AGAIN: Vance Fished ‘Illegally’ With UK Foreign Secretary While Americans Drown in Sky-High Costs.’ 

Vance and Lammy met at the foreign secretary’s official country residence, known as Chevening House, located south of London, on Friday for talks centered on the Israel-Hamas conflict and Russia’s war in Ukraine. 

They went fishing on the estate grounds before their scheduled meeting. Vance briefly joked to reporters that theone strain on the special relationship’ he has with Lammy ‘is that all of my kids caught a fish, but the foreign secretary did not.’ The vice president soon delved into more serious topics, including telling reporters that, unlike the U.K., the United States has ‘no plans to recognize a Palestinian state’ given the ‘lack of a functional government’ in Gaza. 

Their meeting came a week before President Donald Trump’s upcoming high-stakes meeting with Russian President Vladimir Putin in Alaska. 

In its release on Wednesday, the DNC charged, ‘Vance is living it up on his summer holiday — on the taxpayers’ dime — all while working families face sky-high inflation and the largest cuts to health care and food assistance in American history.’ 

Kiersten Pels, a spokeswoman for the Republican National Committee, said in a statement to Fox News Digital, ‘The DNC’s donors are OK with funding press releases on a fishing rod license? They might want to pull their money out now before the last of it vanishes down the drain.’ 

U.K. outlets reported that Lammy did not buy a valid fishing license before the outing with Vance. In a statement to Sky News, the British Foreign Office said the secretary ‘has written to the Environment Agency over an administrative oversight that meant the appropriate licences had not been acquired for fishing on a private lake as part of a diplomatic engagement at Chevening House last week.’ 

The agency reportedly requires rod licenses for fishing of freshwater species in England and Wales for people 13 or above. 

During his visit to the U.K. last week, Vance also gave a brief address to U.S. troops stationed at RAF Fairford in Gloucestershire. 

The DNC claimed Vance spoke to troops ‘for only six minutes before returning to his $10,000 per week luxury Cotswolds manor.’

The release also took issue with Vance allegedly ‘using public resources’ earlier this month ‘so he could do boating on his birthday.’ 

‘Vance fished ‘illegally’ in the United Kingdom, potentially costing the foreign secretary a £2,000 fine. Vance even had former Chancellor George Osborne plan his vacation’s social agenda, including relaxing in the ‘Hamptons of the UK,’’ the release said.

The DNC further charged that Trump and Vance ‘ripped away health care from 17 million Americans, slashed food assistance for over 22 million families, and unleashed economic chaos on the American people —  all to give their billionaire friends and donors another round of massive tax handouts.’ 

‘While working families struggle to get by, it’s clear where Vance’s loyalties lie — and it’s not with them,’ the DNC wrote. 

The latest attack comes after Democratic California Gov. Gavin Newsom, a potential 2028 presidential contender, bemoaned Vance’s recent visit to Disneyland with his children. 

‘Hope you enjoy your family time,’ Newsom wrote on social media. ‘The families you’re tearing apart certainly won’t.’

In response, Vance wrote, ‘Had a great time, thanks.’ 

Critics also attempted to paint Vance as entitled after the vice president’s security detail had an Ohio river’s water levels raised to accommodate a kayaking trip he and his family took to celebrate his 41st birthday. The U.S. Secret Service made the request to the U.S. Army Corps of Engineers so that motorized watercraft and emergency personnel could operate safely.

Before his political career, Vance notably penned an autobiography, ‘Hillbilly Elegy,’ which describes how he was raised by an opioid-addicted mother in Appalachia, joined the Marines and found success at Yale Law School. 

In a recent interview on ‘The Katie Miller Podcast,’ Vance revealed that reserving ‘sacred time’ with family allows him to balance his official duties with the duties of being a husband and father.  

‘It’s possible to do it even in my job,’ he said. ‘Yes, if like a war breaks out, then sometimes you have to cancel even the sacred time. But we’ve been pretty good about making sure that I have at least a couple of hours with my family every single day.’ 

This post appeared first on FOX NEWS

Bed Bath & Beyond is back — kind of.

The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first new Bed Bath & Beyond store in Nashville, Tennessee, on Friday with potentially dozens of more to come.

This time around, the store has a new name — Bed Bath & Beyond Home — and marks a “fresh start” for the beloved brand, said Amy Sullivan, the CEO of The Brand House Collective, the store’s operator.

“We’re proud to reintroduce one of retail’s most iconic names with the launch of Bed Bath & Beyond Home, beautifully reimagined for how families gather at home today,” Sullivan said in a news release. “With Bed Bath & Beyond Home we’re delivering on our mission to offer great brands, for any budget, in every room. It’s a powerful addition to our portfolio and a meaningful step forward in our transformation.”

In honor of the brand’s legacy, the new store will accept the brand’s famous 20% coupon, regardless of when it expired.

“We encourage guests to bring in their legacy Bed Bath & Beyond coupons which we will gladly honor,” the company said in a news release. “The coupon we all know and love is back and for those who need one, a fresh version will be waiting at the door.”

Bed Bath and Beyond 2.0 has been several years in the making and involved a rigmarole of corporate acquisitions and rebrandings. When the original Bed Bath and Beyond filed for bankruptcy in April 2023 following a string of corporate missteps, it struggled to find a buyer and ended up liquidating and selling off its business in parts. Overstock.com later bought the brand’s intellectual property, rebranded its business to Beyond Inc. and launched an online-only version of Bed Bath and Beyond.

What followed from there was a dizzying array of corporate deal-making. Ultimately, Beyond took an ownership stake in Kirkland’s Inc., a home decor chain with around 300 stores across the U.S., and gave it the exclusive license to develop and create Bed Bath & Beyond Home stores, as well as Buy Buy Baby stores.

Kirkland’s later rebranded to The Brand House Collective and plans to convert some of its existing Kirkland’s Home stores into more Bed Bath and Beyond shops. Friday’s launch in Nashville is the first of six planned for the market and, pending the results, it plans to convert around 75 additional stores through 2026.

The company said it chose Nashville for the launch because of its proximity to its corporate headquarters, which will allow it to “closely manage every detail and set the standard for future rollouts.”

While the relaunch is exciting for fans of the legacy brand, it comes at a difficult time for the home decor market. In many ways, Bed Bath & Beyond’s bankruptcy was the fault of its management team and execution missteps, but it also faced macro challenges as well, experts said at the time. Competition from players like Amazon, Walmart, Home Goods and Wayfair has made it harder for other brands to capture customer spend, and the overall sector has been soft for several years because of high interest rates and the sluggish housing market.

Even the current leaders in the home decor space have seen soft trends and it’s unlikely that will change until interest rates fall and the housing market picks back up, some analysts have said.

This post appeared first on NBC NEWS

NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower.

Michelle Bowman was one of two Fed officials who voted a week and a half ago in favor of cutting interest rates. Such a move could help boost the economy by making it cheaper for people to borrow money to buy a house or a car, but it could also threaten to push inflation higher.

Bowman and a fellow dissenter lost out after nine other Fed officials voted to keep interest rates steady, as the Fed has been doing all year. The Fed’s chair, Jerome Powell, has been adamant that he wants to wait for more data about how President Donald Trump’s tariffs are affecting inflation before the Fed makes its next move.

At a speech during a bankers’ conference in Colorado on Saturday, Bowman said that “the latest labor market data reinforce my view” that the Fed should cut interest rates three times this year. The Fed has only three meetings left on the schedule in 2025.

The jobs report that arrived last week, only a couple of days after the Fed voted on interest rates, showed that employers hired far fewer workers last month than economists expected. It also said that hiring in prior months was much lower than initially thought.

On inflation, meanwhile, Bowman said she is getting more confident that Trump’s tariffs “will not present a persistent shock to inflation” and sees it moving closer to the Fed’s 2% target. Inflation has come down substantially since hitting a peak above 9% after the pandemic, but it has been stubbornly remaining above 2%.

The Fed’s job is to keep the job market strong, while keeping a lid on inflation. Its challenge is that it has one main tool to affect both those areas, and helping one by moving interest rates up or down often means hurting the other.

A fear is that Trump’s tariffs could box in the Federal Reserve by sticking the economy in a worst-case scenario called “stagflation,” where the economy stagnates but inflation is high. The Fed has no good tool to fix that, and it would likely have to prioritize either the job market or inflation before helping the other.

On Wall Street, expectations are that the Fed will have to cut interest rates at its next meeting in September after the U.S. jobs report came in so much below economists’ expectations.

Trump has been calling angrily for lower interest rates, often personally insulting Powell while doing so. He has the opportunity to add another person to the Fed’s board of governors after an appointee of former President Joe Biden stepped down recently.

This post appeared first on NBC NEWS