Saturday, May 2, 2026

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The Rot in the Commercial Real Estate Market in One Story

(Mike Maharrey, Money Metals News Service) I've been watching the commercial real estate (CRE) sector as a potential catalyst for the next financial crisis. So far, it has managed to hold together, but there is still trouble brewing under the surface. The story of one commercial real estate investment by...

Top Biden Economic Advisor Leaves White House amid Stock-Market Plummet

(Casey Harper, The Center Square) President Joe Biden released a statement Monday morning thanking Gene Sperling, a top economic advisor, as he left his position the same morning that fears of a U.S. recession sent the U.S. stock market tumbling. As of Monday morning, the Dow had dropped 900 points...

Stocks Start Crashing: Will the Fed Pivot or Panic?

(Stefan Gleason, Money Metals News Service) It's no longer a question of whether the Federal Reserve will cut interest rates. It's a question of how soon central bankers will cut and how big they will go. Last week's ugly economic reports on manufacturing and employment helped trigger a mini-meltdown in...

Central Bank Gold Buying Through First Half of 2024 Sets Record

(Mike Maharrey, Money Metals News Service) Despite central bank gold buying slowing moderately in the second quarter, it set a record through the first half of 2024. Central banks globally added a net 483 tons of gold through the first six months of the year,  5 percent above the record...

Google Shamelessly Props Up Kamala Harris in Searches for Trump

(Dmytro “Henry” Aleksandrov, Headline USA) Google started interfering in the 2024 presidential race by redirecting people searching for Donald Trump’s name toward news about Kamala Harris. The MRC NewsBusters' findings supported reports from different people, including Elon Musk, who pointed out that when users search for “Donald Trump” or “Trump...

Department of Justice Sues TikTok Over Alleged Child Privacy Violations

(Brett Rowland, The Center Square) The Department of Justice sued TikTok and its parent company, China-based ByteDance, on Friday for alleged violations of an online privacy law for children. "The Department is deeply concerned that TikTok has continued to collect and retain children’s personal information despite a court order barring...

D.C. Sues StubHub over Deceptive Fees that Inflate Ticket Prices on Resale Platform

(Headline USA) The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees. The practice known as “drip pricing” violates consumer protection laws in the nation’s capital, Attorney General Brian Schwalb said. “StubHub intentionally...

Train Derailment Victims Must Give up Right to Sue to be Eligible to Receive $25K

(Headline USA) People who live near East Palestine, Ohio, can now get $25,000 apiece for any injuries they sustained after last year's Norfolk Southern freight train derailment on top of whatever money they get for property damage as part of the $600 million class-action settlement. The lawyers who negotiated the...

Kamala Harris Misappropriated Millions in Fed. Grants to Fight Border Crimes

(Dmytro “Henry” Aleksandrov, Headline USA) A 2010 Department of Justice audit revealed that, while working as San Francisco's district attorney, Kamala Harris misappropriated over $5 million in federal grants intended to combat crimes at the border. The Washington Free Beacon reported that records indicated that Harris requested millions of dollars...

Fed’s First Interest-Rate Cut in 4 Years Likely on Horizon as Election Day Approaches

(Headline USA) With the end of their two-year fight against inflation in sight, Federal Reserve officials were likely Wednesday to set the stage for the first cut to their key interest rate in four years---a major shift in policy that could eventually lower borrowing costs for U.S. consumers and...

IRS Employees Owe $50M, Despite Monitoring Americans’ Money

(Dmytro “Henry” Aleksandrov, Headline USA) A new audit by the Treasury Department’s inspector general found that IRS employees and contractors owe a collective $50 million in back taxes, who happened to be the same people who are constantly counting every penny in the wallets of the American taxpayers. The Daily...

United States National Debt Reaches $35 Trillion

(Casey Harper, The Center Square) The U.S. national debt as of Monday officially topped $35 trillion, a grim milestone for the U.S. government and the economy as the national debt continues to soar each year. The national debt has nearly tripled in the last 20 years. “If this sounds familiar, we...
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