(Mike Maharrey, Money Metals News Service) There is a lot of talk about whether the Federal Reserve should raise interest rates, but in fact, the market is hiking rates with or without central bank cooperation.
Treasury yields have crept relentlessly higher over the last several months, signaling significant stress in...
(Money Metals News Service) Mike Maharrey opened this Midweek Memo with a different format: an unscripted “Ask Mike Anything” episode recorded ahead of travel. Instead of a prepared monologue, he answered listener questions on sound money, precious metals, inflation, AI, Federal Reserve policy, and even his longevity as a...
(Shirleen Guerra, The Center Square) Virginia revenues are running hundreds of millions of dollars ahead of forecast, but lawmakers warned Tuesday that slowing job growth, inflation and uncertainty tied to healthcare and federal funding are still creating pressure on Virginia’s budget talks.
During a Senate Finance and Appropriations Committee meeting,...
(Headline USA) U.S. prosecutors asked a judge Monday to dismiss criminal fraud and conspiracy charges against Indian billionaire Gautam Adani, who had been accused of duping Wall Street investors who poured billions of dollars into a massive solar project in India.
Adani, one of the world's richest people, was accused...
(Bethany Blankley, The Center Square) A record more than 100 million lethal doses of fentanyl have been seized at the southwest border in the past six months.
The seizures were made by U.S. Customs and Border Protection agents working out of 54 ports of entry (POE) in California, Arizona, New...
(Ben Sellers, Headline USA) Two weeks since Democrats finally ended the longest federal shutdown in history --- surpassing by more than a month the record they set last year --- the Senate unanimously passed a resolution via voice vote that would stop its own members from receiving paychecks during...
(Headline USA) A former New York City judge who resigned last year while under investigation for professional misconduct was charged Wednesday with abusing his position to swindle real estate investors out of at least $5 million and then using some of the loot to pay his own bills.
Edward Harold King,...
(Mike Maharrey, Money Metals News Service) In July 2024, India slashed its import tax on gold and silver from 15 percent to 6 percent. This week, the Indian government reversed course, hiking the customs duty back to 15 percent.
The 9 percent duty increase ranks as the largest on record.
The duty on...
(José Niño, Headline USA) The Trump administration said Monday it would loan out 53.3 million barrels of crude from the Strategic Petroleum Reserve to energy firms as fuel costs soar during the conflict with Iran, Just The News reported.
The release comes after Washington agreed in March to put 172...
(Mike Maharrey, Money Metals News Service) Are we in the early stages of a fundamental shift in global monetary history?
Analysts at Deutsche Bank Research Institute think we are. They see a future where the dollar plays a much smaller role.
As the USSR’s empire crumbled, Francis Fukuyama proclaimed that humanity...
(Brett Rowland, The Center Square) President Donald Trump's administration signaled Friday it intends to appeal a federal trade court's ruling striking down his 10% global tariff as unlawful, while simultaneously pressing ahead with a separate round of import taxes that could take effect as early as July.
American businesses have...
(Luis Cornelio, Headline USA) Conservative journalist Brian Glenn is calling it quits.
Glenn, a White House correspondent for Real America’s Voice, is set to resign from his job Friday as he prepares to marry former Rep. Marjorie Taylor Greene, R-Ga., in the Peach State.
Glenn confirmed his resignation in a heartfelt post on...