Thursday, April 16, 2026

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Record Armada of Tankers Bound for U.S. Gulf to Load Oil

(Alton Wallace, The Center Square)  An unusually large number of crude oil tankers on the open seas has the American Gulf coast as a destination as the ships are redirected to load cargoes bound for markets around the world already experiencing shortages. Second-term Republican President Donald Trump said Saturday on...

Trump Admits Gas Prices Are Likely to Increase By November Midterms

(Kyle Anzalone, Libertarian Institute) President Donald Trump warned Americans that gas prices may continue to increase through the midterm elections later this year. The war against Iran has caused substantial disruptions to the oil market.  When asked about the possibility that gas prices will continue to increase, the President said,...

Central Bank Gold Buying Has Slowed But the Bullish Case Remains

(Mike Maharrey, Money Metals News Service) Central bank gold buying has slowed significantly in the last few months. However, analysts at Metals Focus think this is a temporary reaction to current factors and not the beginning of a new trend. Demand from central banks was a key factor driving the...

Inflation May Jump by Most in Nearly Four Years as Gas Prices Spike in Wake of Iran War

(Headline USA) Soaring gas prices are expected to produce a spike in inflation when the government reports consumer prices for March on Friday, likely unnerving the inflation fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House. Inflation probably rose to 3.4% in...

US Economy Grew a Sluggish 0.5% in Fourth Quarter

(Headline USA) The American economy, slowed by last fall's 43-day government shutdown, grew at a sluggish 0.5% annual pace from October through December, the Commerce Department reported Thursday in a downgrade of its previous estimate. U.S. gross domestic product — the nation's output of goods and services — decelerated in...

California Sees $6 a Gallon as Gas Prices Rise in Southwest

(Liam Hibbert, The Center Square) California gas prices climbed as high as $6 a gallon as oil prices skyrocketed ahead of President Donald Trump's deadline on Iran to reopen oil trade routes in the Strait of Hormuz. Prices rose in the Southwest before Trump on Tuesday evening announced a two-week...

French Central Bank Sells New York Gold; Replaces It With Gold Stored in Paris

(Mike Maharrey, Money Metals News Service) In a move that netted a nice capital gain, the Banque de France (BdF) sold the remainder of its gold held in the U.S. and replaced it with higher-quality bars purchased in Europe. The move significantly upgraded the quality of the French central bank's...

Utah Senator Demands H-1B Visa Freeze

(José Niño, Headline USA) Sen. Mike Lee, R-Utah, called for a temporary halt to the H-1B migration program amid mounting evidence that it pushes American professionals out of white collar careers, Breitbart News reported. "Let's pause the H1B program," Lee tweeted as reports multiplied about the replacement of American graduates...

Another Great Jobs Report! Or Was It?

(Mike Maharrey, Money Metals News Service) There is no government report more meaningless and yet more relied upon by policymakers than the monthly non-farm payroll report released every month by the Bureau of Labor Statistics. Every month, the BLS releases data. Every month, we get breathless headlines about the “strength”...

U.S. Adds 178k Jobs in ‘Strong’ March Report Amid Iran Conflict

(Andrew Rice, The Center Square) The U.S. economy added 178,000 jobs in March, exceeding expectations, after one month of conflict between the United States and Iran. The unemployment rate dropped to 4.3%, according to a new report from the U.S Bureau of Labor Statistics on Friday.  The March job's report...

ActBlue Meltdown: Fundraising Giant Turns on NYT, Own Lawyers

(Luis Cornelio, Headline USA) ActBlue, the Democratic Party’s fundraising arm, is in deep turmoil after a major legacy media outlet and its former law firm accused it of making potentially misleading or false statements to Congress. The New York Times, a left-wing newspaper infamous for its favorable coverage of Democrats, reported...

Pentagon Commits to Tripling Patriot Missile Production at $4 Million Per Unit

(Morgan Sweeney, The Center Square) Boeing is partnering with the Department of War to triple its production of seekers for Patriot missiles, according to a joint announcement Wednesday. The U.S. has been working toward building up its supply of Patriot missiles for years, but the Trump administration announced earlier this...
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