(Headline USA) Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed's building renovations.
The subpoenas relate to Powell's testimony before the Senate Banking Committee in June, the...
(Morgan Sweeney, The Center Square) December’s jobs data changed little from November, rounding out an underwhelming year for the U.S. labor market.
Initial estimates put job gains at 50,000, though if December is like every other month this year, that number will be revised downward in the coming months.
By comparison,...
(Chris Wade, The Center Square) New York City Mayor Zohran Mamdani's push to stop the bankruptcy sale of more than 5,000 rent-subsidized apartments in the city has been blocked, temporarily, by the federal courts.
Mamdani, who was sworn into office last week, directed the city’s Law Department shortly after taking...
(Kim Jarrett, The Center Square) The average cost of child care for infants in Tennessee is $13,926, more expensive than tuition at the state's four public universities, according to a report from the Tennessee Commission on Children and Youth.
The State of the Child in Tennessee 2025 Report examined child-related...
(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey welcomes back Greg Weldon and notes Weldon’s long career that began in the 1980s on the trading floor in the gold and silver pits.
Maharrey says the last time Weldon appeared, in mid-October, gold had just pushed...
(Headline USA) Meta has cut a trio of deals to power its artificial intelligence data centers, securing enough energy to light up the equivalent of about 5 million homes.
The parent company of Facebook on Friday announced agreements with TerraPower, Oklo and Vistra for nuclear power for its Prometheus AI...
(Dave Mason, The Center Square) U.S. First Assistant Attorney Bill Essayli Thursday called California Gov. Gavin Newsom “the king of fraud,” accusing him of a lack of oversight on spending to address homelessness.
Essayli made the comments on the “Fox and Friends” telecast, during which he discussed the federal fraud...
(Headline USA) The Senate advanced a resolution Thursday that would limit President Donald Trump’s ability to conduct further attacks against Venezuela, sounding a note of disapproval for his expanding ambitions in the Western Hemisphere.
Democrats and five Republicans voted to advance the war powers resolution on a 52-47 vote and...
(Mike Maharrey, Money Metals News Service) Silver now finds itself at the center of a geopolitical wrestling match over critical elements.
In what is clearly an effort to control the market, China recently announced export controls on silver. This could exacerbate global supply shortages already creating a significant silver squeeze.
Under the...