(Headline USA) President Donald Trump suspended the green card lottery program on Thursday that allowed the suspect in the Brown University and MIT shootings to come to the United States.
Homeland Security Secretary Kristi Noem said in a post on the social platform X that, at Trump’s direction, she is...
(Andrew Rice, The Center Square) Consumer prices rose by 0.2% in the two month period between September and November.
In the past 12 months, overall prices rose by 2.7%, which marks a slowdown from 3% reported in September, according to the Bureau of Labor Statistics.
Due to the federal government shutdown,...
(Headline USA) Half or more of the roughly $18 billion in federal funds that supported 14 Minnesota-run programs since 2018 may have been stolen, a federal prosecutor said Thursday, describing the massive and multilayered fraud schemes as staggering.
While prosecutors typically see fraud manifest as providers overbilling, Thompson said during a...
(Thérèse Boudreaux, The Center Square) The U.S. House passed the Lower Health Care Premiums for All Americans Act in a party line, 216-211, vote Wednesday, sending the bill to its likely demise in the Senate.
The bill, which will almost certainly fail to reach the Senate’s 60-vote threshold, is Republicans’...
(Dave DeCamp, Antiwar.com) The State Department on Wednesday approved a series of arms deals for Taiwan worth more than $11 billion, including multiple types of missile systems and munitions, an announcement that China has strongly condemned.
If the sales aren’t blocked by Congress, which is unlikely to happen since there’s...
(Mike Maharrey, Money Metals News Service) The November CPI data is a little like that ugly sweater you got for Christmas last year. It was an interesting topic of conversation, but it wasn’t good for much by the time January rolled around.
The November CPI data came out much cooler than expected,...
(Mike Maharrey, Money Metals News Service) Good news! The federal budget deficit shrank substantially in November. Bad news! Uncle Sam still ran a significant budget shortfall in November, despite a massive surge in tariff revenue.
The November deficit came in at $173.28 billion. Through the first two months of fiscal 2026 (Oct-Nov),...
(José Niño, Headline USA) The Trump administration awarded Silicon Valley data analytics firm Palantir Technologies a $300 million contract without competitive bidding to construct an AI powered system targeting alleged fraud in the Supplemental Nutrition Assistance Program. This move has sparked widespread concern about surveillance overreach and discriminatory targeting...
(Money Metals News Service) In this recent episode of the Money Metals Midweek Memo, host Mike Maharrey argues the biggest takeaway from the Federal Reserve’s latest FOMC meeting wasn’t the widely reported 25 basis point rate cut. It was the quiet restart of balance-sheet expansion—what most people would recognize...
(Mike Maharrey, Money Metals News Service) With prices above $60 an ounce, many speculate that industrial demand for silver will fall due to substitution. However, the Silver Institute projects industrial demand will rise as offtake from vital technology sectors accelerates over the next five years.
“Silver will remain an essential component...
(Mike Maharrey, Money Metals News Service) Price inflation has slowed, but that doesn’t mean prices are coming down. They just aren’t rising quite as fast as they were.
Price inflation is by design. Remember, the powers-that-be target a 2-percent reduction in the value of your dollar.
Conventional wisdom holds that falling...
(Dave DeCamp, Antiwar.com) Trinidad and Tobago will allow the US military to use its airports in the coming weeks, according to a statement from the Caribbean island nation’s Foreign Ministry, as the US continues ramping up military activity near Venezuela.
Trinidad and Tobago’s Foreign Ministry cited recent military cooperation with...