Friday, November 14, 2025

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Slowing Credit Card Spending Likely Reflects Growing Consumer Debt Stress

(Mike Maharrey, Money Metals News Service) After barely rising in August, consumer debt grew modestly in September, likely reflecting growing debt stress on American households. The U.S. economy depends on consumers buying stuff. Persistent price inflation forced Americans to blow through their savings and then turn to credit cards to...

India Speeds Up Efforts to Bring Its Gold Home

(Mike Maharrey, Money Metals News Service) India has sped up efforts to bring its gold home. According to a Bloomberg report, the Reserve Bank of India repatriated 64 tonnes of gold through the first six months of its fiscal year, which began in April. The RBI now holds 65 percent of its gold reserves...

ETFs Globally Report Boost in Gold Holdings for Fifth Straight Month

(Mike Maharrey, Money Metals News Service) After charting the highest level of gold inflows on record in September, the flow of gold into ETFs slowed modestly in October but remained comfortably above the year-to-date average. It was the fifth straight month of net gold inflows into ETFs globally. In total, 54.9...

Criminal Case Against Boeing Over Deadly 737 Max Plane Crashes is Dismissed by a US Judge

(Headline USA)  A federal judge in Texas has agreed to dismiss a criminal conspiracy charge against Boeing in connection with two 737 Max jetliner crashes that killed 346 people. In a written decision issued Thursday, U.S. District Judge Reed O’Connor approved the federal government’s request to dismiss its case against...

Russia Considers ‘Full-Scale’ Nuclear Weapons Tests After Trump’s Comments

(Dave DeCamp, Antiwar.com) Russian President Vladimir Putin has directed his top officials to submit proposals on the possibility of resuming what his defense minister called “full-scale” nuclear weapons tests in response to President Trump’s order for the US military to conduct nuclear tests. It was unclear from Trump’s initial order,...

Ohio SNAP Benefits Expected to be Cut in Half

(J.D. Davidson, The Center Square) SNAP recipients in Ohio are expected to receive half of their regular monthly benefit allotment, according to the Ohio Department of Job and Family Services. However, there is still no plan for when that money will be distributed. Family Services on Tuesday said it has...

Median Age for a First-Time Home Buyer Hits 40, a Record High

(Brett Rowland, The Center Square) The median age for a first-time home buyer just hit 40, a record high, according to a new report from the National Association of Realtors.  The median buyer age increased to a peak of 59 years, up from 56 the previous year. The median age...

Seattle Mayor Pledges $8M to Replace Lapsed SNAP Benefits amid Federal Shutdown

(Spencer Pauley, The Center Square) Seattle Mayor Bruce Harrell has pledged up to $8 million in city funds – $4 million per month through 2025 – to offset the looming halt in federal Supplemental Nutritional Assistance Program, or SNAP, benefits triggered by a congressional funding impasse. A Senate vote to...

US Government Allowed and Even Helped US Firms Sell Tech Used for Surveillance in China

(Headline USA) U.S. lawmakers have tried four times since September last year to close what they called a glaring loophole: China is getting around export bans on the sale of powerful American AI chips by renting them through U.S. cloud services instead. But the proposals prompted a flurry of activity...

Democrats Refuse to End Shutdown for 13th Time, Drawing GOP Ire

Despite opposition from major federal labor unions, Senate Democrats blocked Republicans’ Continuing Resolution to reopen and fund the government for the 13th time Tuesday….

Navy Loses Two Aircraft from USS Nimitz Aircraft Carrier Within 30 Minutes

A fighter jet and a helicopter based off the aircraft carrier USS Nimitz both crashed into the South China Sea within 30 minutes of each other, the Navy's Pacific Fleet said.

Trump Suspends Trade Talks with Canada Over Ronald Reagan Ad

President Donald Trump suspended all trade talks with America's largest trading partner over an ad that features former President Ronald Reagan speaking about tariffs in 1987.
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