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(Headline USA) The U.S. Treasury Department said Tuesday that it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws. The fines on America’s second-biggest bank amount to the third-largest in the department’s history. “When a bank of this size fails to meet its...

(Nolan Mckendry, The Center Square) SpaceX is planning to build a massive maritime shipping complex on Louisiana's Gulf Coast, complete with docking facilities, access roads and extensive cargo-handling areas, according to state records detailing the company's expanding plans in Vermilion Parish. The project would establish a major new industrial shipping...

(Headline USA) A businessman wanted for years in the U.S. for allegedly paying bribes to top Venezuelan officials in exchange for lucrative state contracts in Venezuela has been taken into custody. Alvaro Pulido was indicted in Miami federal court in 2019 and again in 2021 as part of an investigation into...

(Kyle Anzalone, Libertarian Institute) President Donald Trump announced an agreement with Russia to supply millions of tons of diesel to the US and global markets.  The announcement came a day after Ukrainian President Volodymyr Zelensky criticized Washington’s approach to negotiations with Moscow. “I have just concluded a highly successful discussion with...

(Alan Wooten, The Center Square) Whether the Sept. 29 executive order of second-term President Donald Trump related to computer systems, software and processes that can emulate aspects of human work and cognition changes vocabulary beyond his administration will be told with time. For now, replacing the term “artificial intelligence” with...

(José Niño, Headline USA)  House Oversight Committee Ranking Member Robert Garcia, D-Calif., has asked Jared Kushner to provide information about whether his private business interests conflict with his role advising President Donald Trump on Middle East diplomacy. The inquiry centers on Affinity Partners, the investment firm Kushner founded, and its...

(Thérèse Boudreaux, The Center Square) With the national average gas price hovering around $4.37 per gallon, some Republicans are pushing for a temporary suspension of the federal gas tax. Doing so would provide Americans some savings at the pump, but it would also cost billions each month and potentially hasten...

Ghana has developed a yuan-based system to pay for eligible Chinese imports using Ghanaian cedis, bypassing the U.S. dollar. Officials say Stanbic Bank Ghana is piloting a cedi-to-yuan payment system. Ghana Commercial Bank is reportedly developing a similar service. China’s Cross-Border Interbank Payment System (CIPS) is processing the payments. According to...

(Mike Maharrey, Money Metals News Service) If your policy can’t drive inflation down, just revise the methodology to make it seem lower. This seems to be the federal government’s strategy. The Bureau of Economic Analysis (BEA) has revised the Federal Reserve’s favorite inflation gauge to understate inflation just a little bit...

(Money Metals News Service) In a new Money Metals podcast interview, analyst Mike Maharrey spoke with veteran technical analyst Clive Maund about the Treasury market, soaring government debt, gold, silver, oil, inflation, and the increasingly unstable global fiat monetary system. Clive Maund has been analyzing markets for decades and has...

(Headline USA) Four astronauts rocketed into orbit Thursday on a space station mission that will stretch until spring, among them a Canadian whose wife will give birth while he’s away. SpaceX launched commander Jessica Watkins and her crew for NASA after a three-week delay to fix their Dragon capsule’s leaking...

(José Niño, Headline USA)  A surveillance technology firm associated with Hunter Biden laptop analyst Yaacov Apelbaum listed Israel’s Prime Minister’s Office among its customers in a 2019 marketing presentation, according to a Newsroom report. According to the Tuesday report, XRVision promoted facial recognition, video analytics, and artificial intelligence based surveillance tools...