(Headline USA) The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony Tuesday to Congress, a shift in emphasis away from the Fed's single-minded fight against inflation of the past two years that suggests it is moving closer to...
(Headline USA) The new Sentinel nuclear weapons program is 81% over budget and is now estimated to cost nearly $141 billion, but the Pentagon is moving forward with the program, saying that given the threats from China and Russia it does not have a choice.
The Northrop Grumman Sentinel program...
(Mike Maharrey, Money Metals News Service) After paying down credit card debt in April, American consumers went back to running up the plastic in May. But borrowing for big-ticket items remained sluggish, indicating consumers are still struggling to make ends meet in this inflationary environment.
Total consumer debt increased by...
(Mike Maharrey, Money Metals News Service) Is now a good time to get bullish on platinum? I’ve written a lot about the fact that silver appears to be underpriced given both technical factors and the supply and demand dynamics.
Platinum may be even more undervalued.
The current platinum price is hovering...
(Mike Maharrey, Money Metals News Service) How do you safely and securely move billions of dollars worth of gold? Very quietly.
De Nederlandsche Bank (the Dutch central bank) did just that, moving over 220 tons of gold coins and bars over 45 miles of public highway.
Officials spent four weeks shuttling...
(Peter St. Onge, Money Metals News Service) Have we already entered a recession? Worse, have we been in a recession for years now?
Recently I joined Jeff Tucker of the Brownstone Institute on an article about the Herculean task of trying to figure out what's actually happening in the economy.
Which is a challenge given every official...
(Clint Siegner, Money Metals News Service) If you ask average investors what the best-performing asset class is year-to-date, the vast majority of them would get it wrong. The correct answer isn’t stocks, but rather precious metals (led by silver).
Most investors would have no idea that silver is up 32%...
(Ken Silva, Headline USA) House Oversight Committee Chairman James Comer, R-Ky., wrote a letter to President Joe Biden’s doctor on Sunday, asking him to appear for a transcribed interview about his medical assessments of the president and his private endeavors with the Biden family’s business schemes.
In his letter, Comer...
(Luis Cornelio, Headline USA) Taxpayers are footing a hefty bill for New York City’s hotel industry, which has received over $1 billion to house illegal aliens in former luxury hotels, reported the New York Post on Saturday.
A staggering $1.98 billion in tax dollars has been allocated toward housing, including hotels...
(Headline USA) Each year, a crush of tourists arrives in Alaska’s capital city on cruise ships to see wonders like the fast-diminishing Mendenhall Glacier. Now, long-simmering tensions over Juneau’s tourism boom are coming to a head over a new voter initiative aimed at giving residents a respite from the...
(Headline USA) Decomposing human remains have been found wrapped in a sleeping bag and left out on the sidewalk for trash collection in Manhattan, New York City police said Saturday.
The grisly discovery happened around 5 p.m. on Friday.
Police received reports of a suspicious package with a foul smell outside...
(Casey Harper, The Center Square) Whether faith-based groups are allowed to solely hire people that agree with their faith is a question again before the courts.
A ministry in Oregon that works with at-risk youth was stripped of its state funding because it requires employees and volunteers at the organization...