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Most B-52 Upgrades Behind Schedule or Over Budget, GAO Finds

(Brett Rowland, The Center Square) Ten of the 13 programs meant to keep the B-52 flying into the 2050s are over budget, behind schedule or underperforming, a federal watchdog found, including new engines and radar. The findings, in a new report from the Government Accountability Office, come as the Air...

Platinum’s Changing Investment Story: Deficits, Geopolitics and New Sources of Demand

(Money Metals News Service) Platinum and palladium have participated in the broader precious-metals rally, but beneath the price action, important differences are emerging. Money Metals host Mike Maharrey recently spoke with Edward Sterck, Director of Research at the World Platinum Investment Council (WPIC), about persistent platinum supply deficits, palladium’s dependence on...

Court Orders Instagram and Facebook’s Meta to Pay $567M to Address Kids’ Mental Health Online

(Headline USA) A New Mexico court has ordered Instagram and Facebook parent company Meta to pay $567 million to address harms to young people from its platforms in the second phase of a landmark trial. Judge Bryan Biedscheid said in a ruling late Thursday that the bulk of the money...

U.S. Sheds 23,000 Jobs in ‘Bleak’ July Report

(Andrew Rice, The Center Square) The U.S. economy lost 23,000 jobs in July, while the unemployment rate dropped to 4.1%, according to a new report from the U.S. Bureau of Labor Statistics on Friday.  Over the last 12 months, employment gains increased by 34,000. July's figure keeps at pace with...

The U.S. Has Naturalized More People Than It Deported This Year

(José Niño, Headline USA) The U.S. government has handed out citizenship faster than it handed out deportation orders over the past year, according to publicly available statistics. The Twitter/X account AF Post drew a comparison between two immigration statistics this week that circulated widely, and federal records back up each...

Central Bank Gold Buying Accelerated Again in June

(Mike Maharrey, Money Metals News Service) Gold buying accelerated again in June as central banks took advantage of the softer price environment to add to their reserves. According to the latest data compiled by the World Gold Council, central banks globally added a net 51 tonnes of gold to their...

Yield Curve Twist Reveals Markets Losing Confidence in Fed’s Commitment to Slaying Inflation

(Mike Maharrey, Money Metals News Service) If you have a choice between believing the audio or the video, believe the video. In other words, trust what you see if it’s different than what you hear. Since Kevin Warsh stepped into his new role as chairman of the Federal Reserve, he’s been...

Paulson: We’re Still in the Early Stages of a Gold Bull Market

(Mike Maharrey, Money Metals News Service) Remember the gold bull market of 2025? According to billionaire hedge fund manager John Paulson, it’s still going on. Gold peaked just over $5,500 an ounce in January, before sharply correcting. After a brief surge of safe-haven demand in the early days of the U.S.-Iran conflict,...

Paramount Skydance Agrees to Delay Merger Until June 2027

(Chris Woodward, The Center Square) Plans to unite Paramount Skydance and Warner Bros. Discovery into a film and television giant are on ice following a flurry of antitrust lawsuits. Paramount Skydance recently announced that it will delay closing its $110 billion acquisition of Warner Bros. Discovery to as late as...

Netanyahu Describes Meeting With Trump as ‘One of the Best Conversations’ They Have Ever Had

(Dave DeCamp, Antiwar.com) After meeting with President Donald Trump in Washington on Tuesday to discuss the Iran war, Israeli Prime Minister Benjamin Netanyahu described the talks as “one of the best conversations” he’s ever had with the US president. “It was a meeting with full cooperation, with mutual support, with...

ActBlue Faces Scrutiny Over Michigan Woman’s $100K+ in Donations

(Elyse S. Apel, The Center Square) ActBlue is facing scrutiny after a report last week raised questions about thousands of political donations made in the name of an 88-year-old Michigan woman. The story caught national attention after Michigan Enjoyer reporter Charlie LeDuff posted a video interviewing Elizabeth Waffle of Milan,...

Inflation Pain Is Worse Than the CPI Indicates, But You Already Knew That!

(Mike Maharrey, Money Metals News Service) We all intuitively know that prices are rising faster than the Consumer Price Index (CPI) indicates. We feel the pain every time we go to the grocery store or gas station. But just how much is price inflation impacting us here on Main...
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