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Illinois Homelessness Prevention Costs Taxpayers over $600 Million

(Jim Talamonti, The Center Square)  State and federal taxpayers are poised to spend more than $600 million on homeless prevention efforts in Illinois during the current fiscal year. A report released earlier this month by the Interagency Task Force on Homelessness and the Illinois Office to Prevent and End Homelessness...

DHS Agrees to Reimburse Texas $7.5B for Border Security

(Bethany Blankley, The Center Square) The U.S. Department of Homeland Security has approved reimbursing Texas $7.5 billion for costs incurred by the state's border security operations during the Biden administration's border crisis. It's the first time Texas has received such a reimbursement, thanks to a new federal law. Gov. Greg Abbott...

Lawsuit Says Anthropic, OpenAI, SpaceXAI and Google Illegally Conspired

(Headline USA) A new lawsuit claims Anthropic, OpenAI, SpaceXAI and Google made an illegal deal to slow the pace of their respective AI development. The lawsuit, which was filed Friday in the U.S. District Court for the Northern District of California, argues that the leading AI companies violated antitrust laws when...

Gold Market Manipulation and the Paper System

(Money Metals News Service) In a recent Money Metals podcast interview, host Mike Maharrey spoke with Chris Powell, secretary and treasurer of the Gold Anti-Trust Action Committee, or GATA. Powell has also served as a director of GATA and was managing editor of the Journal Inquirer in Manchester, Connecticut,...

ActBlue Broke Law by Allowing Foreign Donations, House Report Finds

(Luis Cornelio, Headline USA) A 112-page report released by three Republican-led congressional committees raised shocking allegations against ActBlue, the Democratic Party's fundraising giant, over its reported unlawful efforts to accept foreign donations. Released Wednesday, the lengthy interim report alleged that ActBlue's policies designed to block what the House Judiciary Committee described...

Vaulting Space in Short Supply as Singapore Positions Itself as a Major Gold Hub

(Mike Maharrey, Money Metals News Service) Asia continues to position itself to challenge Western dominance in the gold market. This is creating high demand for bullion vaulting space in Singapore. The West has dominated the gold trade for years, with London, New York, and Switzerland as major players. However, as...

Hut, Hut, Hike! The Fed Raised Rates; Now What?

(Mike Maharrey, Money Metals News Service) The Kevin Warsh-led Fed is all in on the inflation fight. The question now is: how long will it last? My guess is not very long. As expected, the Federal Reserve nudged interest rates higher by 25 basis points. More significantly, they forecast at least one more...

Mega Donors Give Republicans Major Financial Advantage in Midterms

(José Niño, Headline USA) America’s wealthiest political contributors have overwhelmingly favored Republican candidates in the 2026 congressional elections. A Financial Times report found that 16 of the 20 largest donors supported Republican efforts, while George Soros emerged as the most prominent Democratic contributor. Those 20 donors provided more than one...

The Fed Meeting Isn’t the Main Story

(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey argues that investors are paying too much attention to the Federal Reserve’s September rate decision and too little attention to the larger fiscal pressures shaping the U.S. economy. With CME FedWatch odds near 95% for...

Diesel in Midwest Could Soon Reach $7 After Refinery Issues

(Sean Reed, The Center Square).An Exxon Mobil fuel refinery southwest of Chicago went offline over the weekend, causing a halting of production and driving already heightened fuel costs even higher for Midwestern motorists, who likely won’t see prices ease until days later. The cost for a regular gallon of fuel...

Goldwin Smith’s Dire Warnings About Paper Money Matter More Than Ever

(Joshua D Glawson, Money Metals News Service) In 1883, Goldwin Smith gave an address, later published as False Hopes: Or, Fallacies Socialistic and Semi-Socialistic, Briefly Answered, taking on a number of the political and economic fallacies of his time. His remarks on inconvertible paper money are still worth considering today. The names have...

Namibia in the Process of Building Its Initial Gold Reserves

(Mike Maharrey, Money Metals News Service) Namibia wants gold, and it’s launched a program to get it. While many countries are expanding their gold reserves, the South West African nation is in the process of building its own gold holdings for the first time. Last March (March 24, 2026), the Bank of...
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