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(José Niño, Headline USA) Republicans in competitive midterm races are confronting voter anger over surging fuel costs, with little time left to deliver meaningful relief. The Wall Street Journal report identified expensive diesel and gasoline as an increasingly serious electoral problem, especially across rural states where farming and trucking...

(Headline USA) Starbucks plans to close 250 North American stores later this week. It is the second big round of store closures under Starbucks Chairman and CEO Brian Niccol, who joined the company in 2024. Last September, Starbucks closed 627 stores in North America and Europe. In a letter to employees,...

(Mike Maharrey, Money Metals News Service) The Treasury Department will buy back another $6 billion in long-term Treasuries today (Thursday, Sept. 24) as it continues efforts to tamp down rising yields. Treasury Secretary Scott Bessent announced this second expanded buyback on Wednesday. And once again, the markets shrugged. The 30-year Treasury hit...

(Mike Maharrey, Money Metals News Service) So far this year, Chinese gold imports are at the highest level since at least 2017. China ranks as the world’s largest gold market. Through the first eight months of 2026, China spent $158.8 billion to import more than 1,100 tonnes of gold, according to...

(Mike Maharrey, Money Metals News Service) With bond yields on the rise and markets penciling in another Federal Reserve interest rate hike this year, a lot of people are selling their gold. Axel Merk doesn’t think you should. Merk is the founder of Merk Investments, and he has a reputation as...

(Money Metals News Service) A bank run is a familiar danger in a fractional-reserve banking system. In December 1930, as the Great Depression deepened, the privately owned Bank of United States in New York collapsed after a run by depositors. Despite its name, it was not a government institution....

(Mike Maharrey, Money Metals News Service) Gold is on the path toward $10,000 an ounce. It’s not a matter of if, but when. That’s the view of State Street Investment Management head of gold strategy Aakash Doshi. In an interview with Kitco News, he said investors should be thinking beyond...

(Mike Maharrey, Money Metals News Service) The U.S. government continues to ratchet up its use of the dollar as a foreign policy tool, even as the weaponization of the dollar has accelerated de-dollarization. On Monday, U.S. Treasury Secretary Scott Bessent announced plans to effectively ground Iran’s commercial airlines, saying that...

(Headline USA) Vice President JD Vance and other Trump administration officials said Tuesday they plan to remove 760,000 Affordable Care Act enrollees from public healthcare exchanges, alleging that the individuals were fraudulently enrolled in the program, or simply do not exist. Vance said the discovery and canceled subsidy payments for...

(Headline USA) A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, said in a speech in London that the Fed is...

(Headline USA) Twelve states and Hollywood writers challenging Paramount’s buyout of Warner Bros. Discovery agreed to settle their lawsuits on Monday, effectively paving the way for the $81 billion mega merger to cross the finish line, with some new commitments from the company. The blockbuster deal will still bring...

(Mike Maharrey, Money Metals News Service) Over 7 million ounces of silver left COMEX vaults last week as demand for physical metal surged. Meanwhile, CME recorded 6,168 September silver delivery notices through Sept. 18, representing a "delivery" of 30.84 million ounces, according to the CME’s delivery notice and warehouse report. A...