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(Tom Gantert, The Center Square) - So far in the fiscal year 2024, the federal government has had to borrow about $5 billion every day. The Congressional Budget Office said Thursday the federal budget deficit was $1.5 trillion for the first 10 months of fiscal year 2024, which covers October...

(Dmytro “Henry” Aleksandrov, Headline USA) Foreign actors have been flooding TikTok, the app owned by Chinese communists, with "false" and "incendiary" videos targeting Donald Trump ahead of the 2024 presidential election. The Wall Street Journal published its new report, in which the news source identified 91 accounts on TikTok with overseas...

(Mike Maharrey, Money Metals News Service) Industrial and tech demand for gold continued to rebound in the second quarter. Technology and industrial applications consumed 81 tons of gold in Q2, according to data compiled by the World Gold Council, an 11 percent year-on-year increase. The strong second quarter boosted H1...

(Dmytro “Henry” Aleksandrov, Headline USA) An AI-driven analysis of the American news coverage over the past three months has revealed that after Joe Biden dropped out of the presidential race and Kamala Harris took his place, the mainstream media started massively promoting Harris by writing non-stop articles with positive...

(Mike Maharrey, Money Metals News Service) When I was about 7 years old, my friend Tommy and I decided we were going to dig a cave. We envisioned a massive cavern we could stand up in. It would be our secret fort. We went as far as digging a...

(Christian Wade, The Center Square) The Adams administration failed to provide oversight of a $432 million contract to provide services to newly arriving migrants, wasting millions of taxpayer dollars, according to a new audit. The report by City Comptroller Brad Lander, who is challenging Eric Adams in next year's Democratic mayoral primary,...

The financial landscape experienced a seismic shift last week, reminiscent of hitting rumble strips on the interstate—jerking investors awake to the underlying economic dangers. Monday’s drastic stock market selloff, triggered by various catalysts, left investors reeling, though the panic seemed to abate by week's end. But is everything truly back...

(Headline USA) Elon Musk's social media platform, X, has sued a group of leftist corporations, saying a “massive advertiser boycott” in the wake of his Twitter takeover deprived the company of billions of dollars in revenue and violated antitrust laws. https://twitter.com/elonmusk/status/1820849880283107725 The company filed the lawsuit Tuesday in a federal court...

(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...

(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...

(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...

(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...