(By Kenneth Schrupp, The Center Square) California legislators have been told to expect a deficit of $10 billion or more even if revenues do not fall due to higher than anticipated spending, reports Politico.
Critics note that the $10 billion figure matches estimated costs of the state’s expansion of eligibility...
(Brett Rowland, The Center Square) Seeking to reorder global trade with America at the center, President Donald Trump announced the framework of a trade deal with the United Kingdom on Thursday.
Prime Minister Keir Starmer, since 2024 leader of a nation that maintains a special relationship with the U.S. including...
(Ken Silva, Headline USA) In its first 25 years, the Gates Foundation became one of the world’s largest charitable foundations and one of the most powerful institutions in global health — an accomplishment that carried both accolades and controversy.
The Bill & Melinda Gates Foundation was formed in 2000 by...
(Luis Cornelio, Headline USA) The White House poured cold water on hopes that the full Epstein files would be released anytime soon.
Speaking to reporters on May 1, White House Press Secretary Karoline Leavitt said there was no “specific timeline” for the release of the remaining documents tied to convicted sex offender...
(Headline USA) Billionaire Warren Buffett will remain chairman of the board at Berkshire Hathaway when vice chairman Greg Abel takes over for Buffett as CEO at the start of 2026.
The board of directors at the cash-rich conglomerate voted Sunday to keep the legendary 94-year-old investor as head of the...
(José Niño, Headline USA) Earlier this week, President Donald Trump signed an executive order mandating that commercial truck drivers demonstrate proficiency in English to operate on U.S. roadways.
The order, which rescinds Obama-era policies that relaxed enforcement of language requirements, directs the Department of Transportation (DOT) to develop stricter testing...
(Headline USA) Artificial intelligence “agents” are supposed to be more than chatbots. The tech industry has spent months pitching AI personal assistants that know what you want and can do real work on your behalf.
So far, they're not doing much.
Visa hopes to change that by giving them your credit card....
(Mike Maharrey, Money Metals News Service) Chinese investors are pouring money into gold. China accounted for more than half of gold flows into ETFs globally last month, and Q1 Chinese demand for gold bars and coins hit the second-highest quarterly level on record.
As World Gold Council senior market strategist...
(Jesse Colombo, Money Metals News Service) After a volatile couple of months filled with relentless news and confusing cross-currents from the Trump administration’s tariff plans and other policies, the financial markets have calmed down in recent weeks—providing a much-needed breather for everyone, myself included.
While it’s been quiet in the...
(Mike Maharrey, Money Metals News Service) It seems as if gold has been breaking records every week as bulls have run with wild abandon. However, last week, gold quietly hit a very significant milestone without much fanfare, taking out its all-time high in real terms.
For perspective, in October 2023, gold was...
(Mike Maharrey, Money Metals News Service) You often hear gold referred to as an “inflation hedge.” Jim Rickards argues that we should really consider gold the “everything hedge.”
Rickards is an investment banker and a well-known commentator and market analyst.
Gold has been on a tear for well over a year....
(Mike Maharrey, Money Metals News Service) While most market watchers have focused on the wildly yo-yoing stock market over the last few weeks, the Treasury bond market has been flashing warnings.
Higher yields and relatively weak Treasury auctions this week, with a notable drop in foreign buyers, indicate sagging demand...