Saturday, November 22, 2025

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Meta CEO Mark Zuckerberg Expected to Testify in $8 Billion Facebook Privacy Lawsuit

(Headline USA) A $8 billion class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders — current and former — begins Wednesday, with claims stemming from the 2018 privacy scandal involving the Cambridge Analytica political consulting firm. Investors allege in their lawsuit that Meta did not fully disclose the risks that Facebook users’...

DC Politician Wins Back Council Seat, Despite Facing Federal Charges

(Headline USA) A former D.C. Council member is returning to his seat, five months after he was kicked out for his involvement in a federal bribery investigation. Trayon White defeated three challengers in a special election Tuesday to fill the Ward 8 council seat that has been vacant since his expulsion...

Price Inflation Heating Up Based on June CPI

(Mike Maharrey, Money Metals News Service) Based on the latest Consumer Price Index (CPI) data, prices showed signs of creeping higher in June. However, there were enough dovish points in the data to support those pushing for looser monetary policy. The headline annual CPI spiked from 2.4 percent in May...

Rep. Massie Raises Big Bucks after Trump Attack

(Headline USA) Rep. Thomas Massie has stockpiled more than $1.7 million for his re-election bid as the Kentucky Republican gears up to face President Donald Trump's vaunted political operation, Massie's campaign announced Monday. Massie was one of two House Republicans to vote against Trump's massive tax bill and he said Trump...

Sen. Nesbitt: Time to Open Federal Investigation into Whitmer Grant Scandal

(Elyse Apel, The Center Square) Investigations continue after a Gov. Gretchen Whitmer political appointee and donor was set to receive $20 million of taxpayer funding for her Oakland County-based nonprofit. Senate Republican Leader Aric Nesbitt, R-Lawton, is calling for a federal investigation into the matter, sending a letter to U.S....

Trump Tariffs Bring in $27 Billion Surplus in June

(Thérèse Boudreaux, The Center Square) Government revenue exceeded government spending in the month of June due to increased revenue from tariffs, according to the Department of the Treasury. The department’s monthly report, released Friday, showed that the federal government collected $526 billion in revenue and posted $499 billion in outlets,...

A U.S. Senator Referred an Epstein Client to the DOJ; You’ll Never Guess What Happened Next

(Ken Silva, Headline USA) Sen. Ron Wyden, D-Ore., reportedly said this week that he provided the Justice Department with “actionable” information about Jeffrey Epstein’s relationship with a prominent billionaire and an untold number of Wall Street banks—but the DOJ hasn’t doing anything with the info. “I've handed the Trump administration...

Consumer Borrowing Tanks: Bad News for an Economy That Runs on Consumption

(Mike Maharrey, Money Metals News Service) After a one-off surge in April, consumer borrowing tanked again in May, a sign that Americans might be close to tapping out as they hit their credit card limits. Locked at home and flush with stimulus money, Americans paid down their credit card debt...

Trump Media Files for ‘Crypto Blue Chip ETF’ With SEC

(Headline USA) President Donald Trump continues to expand his crypto-related offerings, this time with a planned exchange-traded fund tied to the prices of five popular cryptocurrencies. Trump Media & Technology Group, a Florida company that operates the Truth Social media platform, announced Tuesday it had filed paperwork with the Securities and...

Fed Chair Powell Accused of Lying to Congress About Luxurious HQ Renovations

(Mike Maharrey, Money Metals News Service) The Federal Reserve’s Washington, D.C. headquarters is getting an expensive facelift, and it appears Fed Chairman Jerome Powell lied about it to Congress. According to reporting by the New York Post, the cost of the taxpayer-subsidized renovation approved in 2019 has ballooned by nearly 32 percent....

Hong Kong Investors Have Nearly Tripled Their Gold Holdings

(Mike Maharrey, Money Metals News Service) While many Western investors still haven’t hopped on the gold bandwagon, Asian investors have been piling up yellow metal. For example, affluent Hong Kong investors have nearly tripled their gold holdings over the last year. According to an HSBC survey, Hong Kong residents with $100,000...

New Law Banning Foreign Ownership of Texas Land Goes into Effect Sept. 1

(Bethany Blankley, The Center Square) As foreign espionage threats continue in the U.S. and in Texas, a new bill becomes law Sept. 1 that prohibits foreign ownership of Texas land. SB 17, filed by state Sen. Lois Kolkhorst, R-Brenham, passed the Texas legislature with bipartisan support and was signed into...
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