Thursday, March 12, 2026

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CA State Retirement Fund Still $166B Short

(Kenneth Schrupp, The Center Square) A booming stock market propelled California’s main state retirement fund to near-record returns, but the fund is still $166 billion short on its obligations, according to the Reason Foundation. With the taxpayer-funded Legislative Analyst’s Office warning the state should be ready for a possible...

Trump Administration Moves to Overhaul How H-1B Visas are Granted, Ending Lottery System

A press release announcing the new rule says it is “in line with other key changes the administration has made..."

Trump Says US Will Keep Seized Venezuelan Oil and Tankers

Trump officials have used legalistic language to justify the seizures and forced transfer of the cargo...

All Precious Metals Zooming Sharply Higher… What the Heck is Happening?

(Money Metals News Service) Gold, silver, platinum, and palladium are building upon last week's gains and rallying again this morning -- in a big way. Traders are paying particularly close attention to gold -- with the yellow metal now poking above its all-time high reached back in October. Gold has...

Watchdog Warns of National Debt Interest Payments Hitting $1 Trillion

(Thérèse Boudreaux, The Center Square) Budget watchdogs are sounding the alarm as the U.S. hit an unfortunate fiscal milestone in fiscal year 2025: government spending on debt interest payments alone topped $1 trillion this year. The federal government added roughly $1.8 trillion to the now $38 trillion national debt in...

Trump Signs Order Reclassifying Marijuana as Schedule III Drug

(Thérèse Boudreaux, The Center Square)  President Donald Trump signed an executive order to reclassify marijuana from a Schedule I to a Schedule III controlled substance, despite many Republican lawmakers urging him not to. "I want to emphasize that the order I am about to sign is not the legalization ...

Trump Halts Green Card Lottery After Brown University Shooting

(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...

Trump Admin. Awards Palantir $300M No-Bid Contract to Monitor Food Stamps

(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...

Trinidad and Tobago To Open Its Airports to US Military as US Continues Buildup Near Venezuela

(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...

Analysis: Trump’s Tariffs Will Cost U.S. Consumers $1,400 Next Year

(Brett Rowland,  The Center Square) President Donald Trump's tariffs are expected to cost U.S. consumers an extra $1,400 in 2026, according to an analysis from the Tax Foundation.  Trump made tariffs the centerpiece of his domestic and foreign agenda at the start of his second term in the White House....

The Wealth Gap Widens: Survey Shows Rich Now Means $2.3 Million Net Worth

(José Niño, Headline USA) The benchmark for wealth in America has undergone a dramatic transformation. According to a report by Fortune, Americans now place the threshold for being considered wealthy at an average of $2.3 million—a 21 percent surge since 2021 that underscores how inflation and escalating expenses have...

Noem Links the Seizure of an Oil Tanker off Venezuela to US Antidrug Efforts

(Headline USA) Homeland Security Secretary Kristi Noem on Thursday linked the seizure of an oil tanker off the coast of Venezuela to the Trump administration’s counterdrug efforts in Latin America as tensions escalate with the government of President Nicolás Maduro. Noem's assertion, which came during her testimony to the House...
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