(Mike Maharrey, Money Metals News Service) In another sign that we are entering an era of even looser monetary policy, Federal Reserve Chairman Jerome Powell hinted that balance sheet reduction is about to come to an end.
“Our long-stated plan is to stop balance sheet runoff when reserves are somewhat...
Donald Trump rode a poor economy back to the White House during his 2024 campaign, but seven months into his second term, most voters aren't seeing what they want….
(Mike Maharrey, Money Metals News Service) After unexpectedly surging in July, consumer debt returned to its previous trend and flatlined again in August, signaling growing financial stress on American households.
The growth of revolving debt, primarily reflecting credit card debt, has been slowing all year. It contracted in May and...
(Nolan Mckendry, The Center Square) In a July meeting with the Louisiana District Export Council, New Orleans FBI agent Benjamin Dreessen gave a number of serious warnings about the threat of China to American trade, including that China is “targeting the Mississippi River system.”
Dreessen warned that China’s five-year plan...
President Donald Trump threatened a "massive increase" in tariffs on products from China after Beijing tightened export controls on rare earth minerals critical to advanced manufacturing….
(Mike Maharrey, Money Metals News Service) Money doesn’t grow on trees. Or does it?
Well, not exactly, but scientists in Finland have discovered gold nanoparticles embedded in the needles of Norway spruce trees.
It’s kind of like those pre-decorated Christmas trees. These already have gold trim!
But don’t get too excited.
You can’t...
One of Congress’ richest members has been the least likely recently to comply with a 2012 federal law on disclosing stock trades, an investigation by The Center Square found…
(Brett Rowland, The Center Square) President Donald Trump and some GOP lawmakers have repeatedly floated the idea of sharing some of the government's tariff revenue with taxpayers, but the White House said no checks are in the mail.
Trump said in an interview that he was considering sending Americans checks...
(Headline USA) The United States under the Biden and Trump administrations has provided at least $21.7 billion in military assistance to Israel since the start of the Gaza war two years ago, according to a new academic study published Tuesday, the second anniversary of the Oct. 7, 2023, Hamas attacks...
(Headline USA) Billionaire super-genius Elon Musk’s recent calls to cancel Netflix have cost the streaming company billions of dollars in dropped subscriptions, according to recent estimates.
Following Musk’s Oct. 1 post protesting the promotion of transgender ideology in children’s shows, the company saw its total value drop by around 5%,...