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(Mike Maharrey, Money Metals News Service) Gold broke below $4,000 an ounce on Wednesday. This 28 percent drop from the record highs of January is certainly painful, but deep corrections are not unusual in a bull market. In a recent note, Solomon Global managing director Paul Williams said investors need...

(Thérèse Boudreaux, The Center Square) U.S. states and territories made a collective $10 billion in improper payments to SNAP recipients nationwide in fiscal year 2025, the U.S. Department of Agriculture reports. The average error payment rate, which includes both over- and underpayments, was roughly 10.6%, well above the congressionally set...

(Dave DeCamp, Antiwar.com) CNN reported on Tuesday that the pilot of a US F-15 fighter jet that was shot down over Iran during the US-Israeli bombing campaign in April reported seeing a swarm of Iranian drones in a formation that resembled a jellyfish before he ejected from the aircraft. Sources...

(José Niño, Headline USA) The Daily Wire opened discussions to secure over $100 million in fresh capital while the conservative media powerhouse grapples with vanishing subscribers and costly programming failures, Semafor reported. Highmount Capital, a firm founded by two Koch Industries veterans, leads negotiations for an investment round pricing Ben...

(José Niño, Headline USA) The White House has summoned top Pentagon brass and chief executives from the nation's premier defense firms to a Wednesday meeting focused on rebuilding American weapons reserves that shrank dramatically during combat operations, the Wall Street Journal reported. Deputy War Secretary Stephen Feinberg contacted industry executives earlier...

(José Niño, Headline USA) Shoppers bracing for elevated beef costs face an increasingly dire situation as multiple crises converge on the North American cattle industry, Fortune reported. A screwworm infestation that ravaged Mexican livestock has now entered American territory, compounding damage from prolonged drought that pushed the U.S. cattle population...

(Ford Turner, The Center Square) Two powerful forces, money and silence, have been stirring hearts and minds as well as controversy in a 240-year-old township near a scenic bend of the Susquehanna River in northeastern Pennsylvania. All of it is tied to the artificial intelligence-data center boom. Rural residential property owners...

(José Niño, Headline USA) U.S. spy agencies warned the Trump administration that Israeli Prime Minister Benjamin Netanyahu will probably undermine President Donald Trump's pursuit of a durable peace agreement with Iran, the Washington Post reported. Analysts determined that Netanyahu confronts powerful domestic political forces pushing him to sustain military action...

(Sarah Roderick-Fitch, The Center Square) The U.S. Department of Justice announced Tuesday that 455 people have been indicted for alleged health care fraud, believed to cost taxpayers over $6.5 billion. Acting Attorney General Todd Blanche said the defendants spanned 45 states and territories. “These individuals participated in health care fraud schemes...

(Headline USA) The Trump administration is providing $17.5 billion to speed the development of 10 new large nuclear reactors to meet the skyrocketing power demand from massive data centers. Energy Secretary Chris Wright cited “tremendous interest” among developers of data centers that would buy the power, as well as utilities...

(Mike Maharrey, Money Metals News Service) Georgia has joined the growing list of countries expanding their gold reserves. Last month, the National Bank of Georgia (NBG) purchased $100 million in gold. At the average gold price in May, that amount would buy approximately 22,000 ounces (0.7 tonnes) of gold. The purchase...

(Mike Maharrey, Money Metals News Service) Chinese gold imports surged to the highest level in two years last month despite sagging prices and cooling demand. According to the latest customs data, China imported 163 tonnes of gold in May. The last time we saw imports at that level was March...