(Headline USA) U.S. inflation declined last month as the cost of gas, airline fares, and hotel rooms fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats.
Consumer prices rose just 2.4% in March from a year earlier, the Labor Department said Thursday,...
(Thérèse Boudreaux, The Center Square) Republicans in the House narrowly cleared a procedural hurdle to tee up a final vote on the Senate's amended budget.
The House passed the first version of the budget in February, which extended President Donald Trump's tax cuts for ten years, and then sent it...
(Mike Maharrey, Money Metals News Service) There is growing evidence that Americans may be edging close to the credit limit.
That’s bad news for an economy that has run on credit cards for the last few years and adds to worries that the U.S. could be barreling toward a recession.
After...
(Mike Maharrey, Money Metals News Service) Stocks have taken a beating over the last several days. The conventional wisdom is that the sell-off is due to worries about the impact of the Trump tariffs.
The aggressive tariff regime certainly triggered the sudden and sharp downturn in the stock market, but...
(Headline USA) About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and Kentucky, two states now are on a path to do so, if their economies keep growing.
The push to zero out the income tax...
(Dan McCaleb, The Center Square) The U.S. Senate passed a budget framework early Saturday that would extend the Tax Cuts and Jobs Act from President Donald Trump's first term and raise the debt ceiling by up to $5 trillion. It also would increase spending for border security and national...
(Mike Maharrey, Money Metals News Service) Would you loan money to Uncle Sam? That’s becoming a pertinent question as the U.S. government’s fiscal situation continues to deteriorate.
The national debt surged over $36 trillion last fall, and despite some cutting by DOGE, there is no sign that the spending is going to...
(Jesse Colombo, Money Metals News Service) Yesterday was an exciting day for silver, which surged 2.52% to a 13-year high, finally breaking above the key $34–$35 resistance zone I’ve been watching for months.
This is a level I’ve called "the line in the sand" to confirm a true breakout and...
(Mike Maharrey, Money Metals News Service) I finally found something that can survive an association with Nazis.
Gold and silver.
A trove of around 15,000 rare gold and silver coins worth somewhere in the neighborhood of $100 million is about to go up for auction.
About 10,000 coins were buried in a...
(Kenneth Schrupp, The Center Square) The city of Los Angeles could be on the hook for $270 million if the 2028 Olympics are not on budget. With the city already facing a $1 billion deficit and the state infamous for the ballooning $135 billion budget for its high speed...
(Headline USA) President Donald Trump's "Liberation Day" is fast approaching, and stock markets from Wall Street to Wellington, New Zealand, are falling Monday in advance of it.
In New York, the S&P 500 was down 0.8% following one of its worst losses of the past couple of years on Friday....
(Brett Rowland, The Center Square) The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to extend President Donald Trump's 2017 tax cuts.
The CBO said U.S. debt held by the public is on track to reach its highest level ever in 2029 before reaching...