(Mike Maharrey, Money Metals News Service) The June federal budget deficit was "only" $66 billion. This looks like a big improvement, but it wasn't.
Even more concerning is the fact that interest on the accumulating debt is eating up nearly one-third of federal tax receipts.
The deficit came in lower because...
(Ken Silva, Headline USA) House Oversight Chairman James Comer, R-Ky., issued subpoenas Wednesday to three White House staffers who are reportedly “running interference” for President Joe Biden and performing his duties amid his declining cognitive state.
Citing a July 5 Axios article, Comer said the three White House staffers—Annie Tomasini,...
(Mike Maharrey, Money Metals News Service) Uganda has joined the growing number of African countries turning to gold to support their currencies.
The Ugandan central bank has announced a domestic gold-buying program to buy gold directly from local artisanal miners.
According to a statement on the Bank of Uganda’s website, “The...
(Dan McCaleb, The Center Square) Tesla founder and X owner Elon Musk said Thursday he plans to file a lawsuit against a collaboration of people and organizations that work to prevent advertising dollars from going to conservative news media brands.
Musk announced his intention on X while sharing video of...
(Headline USA) The Biden campaign’s donations have dried up in the wake of the 81-year-old president’s disastrous debate performance against former President Donald Trump, according to NBC News.
“The money has absolutely shut off,” a person close to the Biden campaign said.
Though the Biden campaign initially claimed it had raised $14...
(Ken Silva, Headline USA) After asking for 20 years to comply with a records request about its involvement with the Oklahoma City bombing, the FBI now wants to entirely pause a lawsuit seeking to force production of those records.
As Headline USA reported in February, Utah attorney Jesse Trentadue initially filed...
(Ken Silva, Headline USA) Headline USA has uncovered the identity of an anonymous Georgia prison inmate suing the state for a sex change, and can reveal that the plaintiff is a convicted violent sodomizer who was indicted in April on multiple federal charges for constructing and mailing bombs to...
(Headline USA) An "inherent contempt" resolution drafted by Rep. Anna Paulina Luna, R-Fla., to impose actual accountability on corrupt Attorney General Merrick Garland, failed Thursdy after several House Republicans missed the vote.
https://twitter.com/RepLuna/status/1811436810154786960
Despite the disappointment, Luna remained optimistic, noting the broad support for her effort among fellow Republicans.
"An overwhelming majority...
(Mike Maharrey, Money Metals News Service) By all accounts, the June Consumer Price Index (CPI) report was great news, but you might want to take it with a grain of salt.
This apparent victory over price inflation likely means the Fed will surrender to inflation.
This CPI report likely tees up...
(Mike Maharrey, Money Metals News Service) Gold-backed exchange-traded funds (ETFs) reported net inflows of gold for the second straight month in June.
With European funds leading the way, net gold holdings by ETFs globally increased by 17.5 tons last month.
May was the first month of positive flows into ETFs in...
(Ken Silva, Headline USA) Nashville Judge I’Ashea Myles caused an uproar among transparency advocates earlier this month, when she decided that evidence left behind by trans school shooter Audrey Hale should be kept secret. Judge Myles accepted the dubious argument that Hale’s victims have copyrights to the material—even though the...
(Molly Bruns, Headline USA) The nation's largest teachers union faced a strike of its own, in what was called an unprecedented event, according to Education Week.
The strike disrupted National Education Association's annual conference in Philadelphia, and led President Joe Biden to cancel his planned appearance on Sunday in awkward solidarity with...