(Luis Cornelio, Headline USA) CNN is reportedly in turmoil — not because of tanking viewership, but because it could soon be owned by an executive whom the left has portrayed as conservative, despite his support for Joe Biden.
The anxiety stems from reports that David Ellison, CEO of Paramount Skydance, is...
(Andrew Rice, The Center Square) The Trump administration will halt approximately $259 million in federal funds from Medicaid in Minnesota, Vice President JD Vance said Wednesday.
Vance, alongside Administrator for the Centers of Medicare and Medicaid Services Mehmet Oz, cited concerns of fraud for the pause in payments. Oz said...
(Money Metals News Service) In a recent episode of Money Metals Midweek Memo, host Mike Maharrey warned that the US economy may be on the verge of a sequel to the 2008 financial crisis. And like most sequels, he suggested, it could be even worse than the original.
He argued...
(Mike Maharrey, Money Metals News Service) I have argued that the current economic environment has a lot of eerie parallels to 2007. We have extremely high asset valuations, the economy is loaded up with debt, and monetary policy has taken a similar trajectory, with easy money blowing up these...
(Mike Maharrey, Money Metals News Service) Platinum corrected last month, along with other precious metals. According to the World Platinum Investment Council (WPIC), after getting caught up in precious metals mania, the recent price drop brought the metal more in line with fundamental market dynamics.
Platinum joined gold and silver...
(Mike Maharrey, Money Metals News Service) Contrarians have been talking about the threat of de-dollarization for a long time. I was doing interviews about weaponizing the dollar in 2018 and the potential blowback, long before Russia invaded Ukraine. Back then, people mostly blew me off, assuring me that the dollar’s role as...
(Brett Rowland, The Center Square) The U.S. businesses that paid billions in tariffs to the federal government want their money back.
After the U.S. Supreme Court found President Donald Trump exceeded his authority under a 1977 law, business groups quickly called for refunds of these tariffs.
The high court decision affects...
(Luis Cornelio, Headline USA) The scandal involving Rep. Tony Gonzales, R-Texas, and a now-deceased staffer has taken a shocking new turn, with allegations that he coerced her into an affair.
The staffer, Regina Santos-Aviles, a beloved congressional aide, died last year after setting herself on fire. Both she and Gonzales were...
(Dan McCaleb and Brett Rowland, The Center Square) President Donald Trump on Saturday said he would raise global tariffs to 15%. The announcement on social media comes a day after the U.S. Supreme Court struck down his use of a 1977 law to impose tariffs on imports from around...
(Brett Rowland, The Center Square) The U.S. Supreme Court on Friday said a 1977 law doesn't give the president broad authority to issue tariffs, dealing a significant setback to President Donald Trump's economic agenda.
Chief Justice John Roberts wrote in the majority opinion that "the Framers did not vest any...
(Mike Maharrey, Money Metals News Service) Paper silver has driven the market for years, but with metal in short supply, physical demand is beginning to exert control.
After briefly skyrocketing to $120 an ounce, the silver price has corrected, retreating to the $75 range. However, one of the fundamentals driving silver...
(Mike Maharrey, Money Metals News Service) The Consumer Price Index is cooling, but what about inflation?
The January CPI data give the impression that the Federal Reserve is finally winning the war against inflation. Not only was the data cooler than expected, but it’s also beginning to edge close to...