Wednesday, October 29, 2025

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Jim Grant Warns of Long-Term Inflation and a Secular Bear Market in Bonds

(Money Metals News Service) On the Money Metals podcast, host Mike Maharrey interviewed James “Jim” Grant—founder of Grant’s Interest Rate Observer—for a sharp, historically grounded discussion on inflation, interest rates, and the fragile state of American fiscal credibility. Jim Grant is one of the most respected financial historians and market analysts of our time. With...

Employers Added 177,000 Jobs as Job Market Shows Resilience

(Headline USA) American employers added a 177,000 jobs in April as the job market showed resilience in the face of President Donald Trump's trade wars. Hiring fell slightly from a revised 185,000 in March, but that is above economist projections of 135,000 jobs. The unemployment rate remained at a low...

Kentucky Man Who Won Powerball Jackpot Lands in Florida Jail Days Later

(Headline USA) A Kentucky Powerball winner was arrested and charged with kicking a police officer in Florida days after he won a $167 million jackpot. James S. Farthing, who goes by Shannon, found out Sunday that he won the state's biggest ever jackpot after his mother called him, according to a...

Visa Wants to Give AI ‘Agents’ Your Credit Card

(Headline USA) Artificial intelligence “agents” are supposed to be more than chatbots. The tech industry has spent months pitching AI personal assistants that know what you want and can do real work on your behalf. So far, they're not doing much. Visa hopes to change that by giving them your credit card....

Iraqi Man Charged w/ Illegally Voting in the 2020 Election

(Headline USA) An Iraqi man living in upstate New York has been charged with illegally voting in the 2020 election, according to U.S. prosecutors, who said Elon Musk's Department of Government Efficiency assisted in the investigation. Akeel Abdul Jamiel, 45, was living in South Glens Falls, about 50 miles north of...

Homan Says More Wisconsin Arrests Could Come for Harboring Illegal Aliens

(Jon Syf, The Center Square) The arrest of a Wisconsin judge could be just the start. Former Acting Immigration and Customs Enforcement Director and border czar Tom Homan said  “wait to see what’s coming” when he was asked Thursday what should happen to sanctuary cities and specifically what should occur...

WATCH: Hostage Thanks Trump for Release in Emotional Video with Family

(Luis Cornelio, Headline USA) One of 10 released Americans from Kuwait custody recorded an emotional video thanking President Donald Trump for his efforts to secure his freedom.  The hostage, former military contractor Tony Holden, had been imprisoned in 2022 while working in Kuwait as an HVAC technician for Vectrus. He faced dubious...

Republican Budget Plan Proposes $45 Billion for ICE, $1,000 Fee on Asylum Seekers

(Thérèse Boudreaux, The Center Square) The U.S. House Judiciary Committee’s fiscal year 2025 budget proposal is still a work in progress, but the first markup already reveals potentially major changes to the immigration system and regulatory law. Under the $5.8 trillion Republican budget instructions, the House Judiciary Committee may spend...

Central Banks Continued Stockpiling Gold in Q1

(Mike Maharrey, Money Metals News Service) Central banks continued to stockpile gold in the first quarter. Official net gold purchases came in at 244 tonnes, 21 percent below Q1 2024 (310 tonnes), but 25 percent above the five-year quarterly average. As the World Gold Council put it, central bank gold...

Hikers Find over $300,000 in Gold

(Mike Maharrey, Money Metals News Service) Do you know what I do really well? I lose things. I lose my glasses. I lose my wallet. I lose the TV remote. Sometimes, I think I'm losing my mind. Oddly enough, despite my penchant for losing stuff, I'm pretty good at finding things other people have...

Former Israeli Ambassador Confirms Biden Never Pressured Israel for Gaza Ceasefire

(Dave DeCamp, Antiwar.com) Former Israeli Ambassador to the US Michael Herzog said in an interview that aired on Israeli TV this week that President Biden never pressured Israel to reach a ceasefire in Gaza. “God did the State of Israel a favor that Biden was the president during this period,...

Hegseth Threatens Iran Over Yemen

(Dave DeCamp, Antiwar.com) On Wednesday night, Secretary of Defense Pete Hegseth threatened Iran over Tehran’s alleged support for the Houthis amid the US’s heavy Yemen bombing campaign. “Message to IRAN: We see your LETHAL support to The Houthis. We know exactly what you are doing,” Hegseth wrote on X. “You know...
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