Sunday, July 5, 2026

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U.S. Adding $1 Trillion in Debt Every 3 Months Since Last June

(Bethany Blankley, The Center Square) The U.S. began adding $1 trillion worth of debt about every three months beginning last June, a Bank of America investment strategist Michael Hartnett first pointed out in an investment note published last week. The national debt is currently $34.48 trillion and rising. It surpassed...

More Inflationary Woes: In One Year, Car Insurance Rates Surge 26%

(Bethany Blankley, The Center Square) Car insurance rates surged 26% nationwide in the past year and are expected to remain elevated until 2025. That's according to the “True Cost of Auto Insurance” report from Bankrate, an independent comparison service company. The report used the most recent median income data from the...

Apple Won’t Be Making Electric Cars

(Dmytro “Henry” Aleksandrov, Headline USA) Apple recently revealed that it ended its decade-long pursuit to enter the electric vehicle market after wasting billions of dollars. One of the reasons why Apple pulled the plug was that the company was spending a lot of money while trying to catch up to Elon...

Food Stamp Costs for a Family’s Meal Jump 31% Over Last Three Years

(Shirleen Guerra, The Center Square) – The monthly costs for healthy meals for a family of four participating in the Supplemental Nutrition Assistance Program increased by 31% over the past three years. The United States Department of Agriculture stated the food stamp benefit amounts are based every year upon the...

Musk’s AI to Hold Politicians Accountable for Spending Sprees

(Luis Cornelio, Headline USA) Twitter owner Elon Musk might soon provide a remedy to expose Congress's efforts to secretly push through large pieces of legislation without allowing Americans to scrutinize and review their contents.  Musk announced on Monday that his artificial intelligence chatbot, Grok, will feature the capability to summarize what...

El Salvador President: ‘Confidence in Your Currency Could Be Lost.’

(Mike Gleason, Money Metals News Service) Precious metals markets enter trading for March with gold bulls wondering whether the monetary metal is finally ready to march up to new highs. Gold spent the first two months of the year locked in a trading range between $2,000 and just under $2,100...

Inflation Is Still Gobbling Up Your Paycheck

(Mike Maharrey, Money Metals News Service) While your paycheck might be a little fatter, you’re actually earning less because price inflation continues to gobble up your paycheck. As pundits and politicians slice and dice various inflation reports, debating whether or not the Fed has finally tackled inflation, things aren’t getting...

As Safety Declines, Buttigieg Warns Airlines over Wheelchair Damage

(Headline USA) During a recent spate of airline catastrophes or mid-air near-catastrophes, former South Bend, Ind., Mayor Pete Buttigieg was nowhere to be found.  Yet, after nary a word to address the growing issue of plane failures---which some attribute to the push to diversify flight crews and engineering staffs---the Biden...

New York Lawmakers Weigh $500M Fund for Unemployed Illegals

(Christian Wade, The Center Square) New York lawmakers are considering a Democratic proposal that would create a new multibillion-dollar fund to provide unemployment benefits for illegal immigrants. The proposal, which is currently before the state's Senate Finance Committee, would create a $500 million trust fund to pay jobless benefits for workers...

Could Weaponization of the Dollar Accelerate De-Dollarization?

(Mike Maharrey, Money Metals News Service) You can effectively use a stick to keep people in line. But you might find yourself in trouble if they pick up a bigger stick. The United States could be in danger of finding this out the hard way. The U.S. government uses the dollar’s...

Buy Gold and Silver to Hedge Against Counterparty Risk

(Mike Maharrey, Money Metals News Service) Owning silver and gold is a good way to hedge against counterparty risk. What exactly is counterparty risk? In simple terms, it is the possibility that the party on the other side of a transaction might not fulfill its obligation. For instance, if I loan you...

Fed Chair Tight-Lipped on Foreign Nations’ Evacuation of Gold from U.S.

(Ken Silva, Headline USA) Concerned about a weaponized financial system, many countries have signaled plans to remove their gold and other assets from the U.S. in the wake of the unprecedented Western sanctions imposed on Russia over its invasion of Ukraine. And at least one congressman is demanding answers from...
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