(Mike Maharrey, Money Metals News Service) The Federal Reserve lost $77.6 billion in 2024. And by the way, a Fed loss is ultimately your loss.
The central bank began bleeding red in late 2022. In 2023, it reported an operating loss of $114 billion.
On top of its operating loss, the...
(José Niño, Headline USA) A recent study reveals a staggering financial burden on U.S. taxpayers, exceeding $1 billion yearly, due to a legal provision enabling pharmaceutical giants to deduct their marketing expenses.
This finding, released last Tuesday by The Campaign for Sustainable RX Pricing (CSRxP), sheds light on the significant...
(Thérèse Boudreaux, The Center Square) – Unless Congress suspends or raises the debt ceiling soon, the U.S. government could default on its $36.2 trillion debt by mid-July, according to the newest debt limit analysis.
The Bipartisan Policy Center, which published the analysis Monday, projects the “X Date” will occur somewhere...
(Kenneth Schrupp, The Center Square) Updated federal data shows California gained 76% fewer jobs in 2024 than initially estimated, gaining only 60,000 jobs, instead of the earlier announced 250,000 jobs.
A 2024 state-funded report found that California private sector employment went into a downturn in 2022, with jobs growth only...
(Headline USA) Opening statements are scheduled Monday in the bribery trial of Nadine Menendez, whose prison-bound husband, former U.S. Sen. Bob Menendez, complained she was being treated unfairly by Manhattan federal prosecutors.
Nadine Menendez, 58, was originally scheduled to go to trial last year along with the 71-year-old New Jersey...
(Ken Silva, Headline USA) Attorney General Pam Bondi and FBI Director Kash Patel still haven’t lived up to their promise to release all the DOJ’s records on notorious deceased sex trafficker Jeffrey Epstein—but agents are reportedly working around the clock, including over the weekend, to redact information for impending...
(Luis Cornelio, Headline USA) Disney’s live-action remake of Snow White appears poised to rank among the studio’s worst-performing films in recent years, according to box office numbers reviewed by the Daily Mail.
Starring actress-turned-leftist activist Rachel Zegler, the movie has earned just $3.5 million in Thursday previews and is expected to bring in...
(Money Metals News Service) In a riveting and candid conversation on the Money Metals Podcast, host Mike Maharrey sat down with G. Edward Griffin, the prolific author best known for The Creature from Jekyll Island, a book that has shaped modern understandings of the Federal Reserve and its shadowy origins.
(Interview Starts Around 5:40 Mark)
The Birth...
(Sound Money Defense League, Money Metals News Service) For the second time this month, new sound money legislation has become law in Idaho.
Faced with the overwhelming likelihood of a veto override from the legislature, liberal Idaho Governor Brad Little signed the Idaho Constitutional Money Act of 2025 reaffirming gold and silver...
(Doc Dixon, Money Metals News Service) Did you know the Federal Reserve ruined the world's greatest coin trick? It's true!
I'll tell you the story.
Thomas Nelson Downs (1867-1938) was a star of the vaudeville stage. Known as the King of Koins, he was skilled in sleight of hand, but like most...
(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Jerome Powell doesn’t think you should be worried about a recession.
If history is any indication, you should probably be worried about a recession.
During his press conference following the March FOMC meeting, Powell called the economy “strong overall,” and he brushed...
(Money Metals News Service) In a powerful and timely interview, Francis Hunt of The Market Sniper sat down with Jp Cortez, Executive Director of the Sound Money Defense League, to discuss the accelerating legislative efforts to restore gold and silver as constitutional money across the United States.
Founded in 2014 as a...