Tuesday, April 28, 2026

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The Tax Man Is Handing Out Big Refunds This Year; What’s Your Plan?

(Mike Maharrey, Money Metals News Service) Have any plans for that big tax refund? Odds are, you got one. Analysts say around 73 percent of taxpayers will get refunds this year. And they’re getting more back to boot. According to IRS data, the average refund is $3,462. That was up...

Slowing Consumer Debt Likely Signals Growing Consumer Stress

(Mike Maharrey, Money Metals News Service) Consumer spending is “under strain” according to a recent New York Times report. That’s bad news for an economy that depends on people buying stuff. We see this consumer strain reflected in the slowing growth of consumer debt. Consumer spending is the engine that drives the U.S....

Informant Earned Millions Working for the DEA While Paying No Taxes

(Headline USA) A longtime informant who traveled the world partying with rogue U.S. Drug Enforcement Administration agents avoided a prison sentence this week after admitting he failed to pay taxes on nearly $4 million he received for years of undercover work. Andres Zapata was sentenced Wednesday in Austin, Texas, to...

FIFA Rebukes NJ’s Lefty Governor in Transportation Dispute

(Luis Cornelio, Headline USA) Leaders behind the 2026 FIFA World Cup rebuked New Jersey Gov. Mikie Sherrill after she launched what appeared to be a social media campaign complaining that the state would be stuck footing the bill for public transportation tied to the event. The 2026 World Cup is set to...

Six Republicans Join Democrats to Protect Haitian Immigrants

(José Niño, Headline USA) Six House Republicans broke with their party on Wednesday to join Democrats in advancing legislation that would restore temporary protections for Haitian immigrants living in the United States, dealing a blow to a central pillar of President Donald Trump's immigration agenda, NBC News reported. Rep. Ayanna...

New York Loses $73M in Federal Funds Tied to CDL Failures

(Alan Wooten, The Center Square) Federal funds totaling $73 million will be withheld from New York by the Federal Motor Carrier Safety Administration, the U.S. Department of Transportation said Thursday. Secretary Sean Duffy said the state failed to revoke “illegally issued nondomiciled commercial learner’s permits and commercial driver’s licenses.” An...

How a Silver Shortage Sparked a Historic Price Rally

(Mike Maharrey, Money Metals News Service) The silver’s supply deficit finally caught up with it in 2025. Late last year, the price surged above the $50 resistance that had been in place since the 1980s. The rally continued into the first month of 2026, as the silver price rocketed to...

The Inflation Tax: You’re Still Paying for That Covid Stimulus

(Money Metals News Service) Yesterday was Tax Day. It’s a source of misery for many of us as we write a big check to the IRS. But did you know the IRS isn’t the source of your biggest tax bill? In fact, you don’t even get a bill. You...

Fort Knox Gold Scandal?

(Money Metals News Service) Mike Maharrey’s latest Money Metals Midweek Memo zeroed in on two big themes with major implications for sound money investors. First, much of the gold supposedly backing America’s financial credibility may be lower-quality metal that does not meet modern international standards. Second, the silver market could be heading into even...

Federal Prosecutors Turned Away from Federal Reserve Building, as Trump Threatens to Fire Powell

(Headline USA) Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit. Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’s office...

7-Eleven Expects to Close Hundreds of its Stores in North America This Year

(Headline USA) Convenience chain 7-Eleven expects to close hundreds of its locations this year. According to earnings filings published last week, 7-Eleven's North American operator plans to close 645 stores in the 2026 fiscal year — outpacing the 205 locations it forecasts it will open during that same time. Seven &...

U.S. Considers Gas Tax Holiday

(Brett Rowland, The Center Square) Americans could soon pay more at the pump as the U.S.-Iran conflict disrupts oil markets, while lawmakers debate suspending the federal gas tax, a move Canada has just taken. Similar plans have been discussed in the U.S., but have yet to advance. In early March,...
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