Sunday, July 13, 2025

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Consumer Borrowing Remained Sluggish in March Hinting Economic Stress

(Mike Maharrey, Money Metals News Service) After crashing in February, consumer borrowing remained tepid in March, a worrying sign for an economy that runs on credit cards. Borrowing has been slowing for the past several months, raising the prospect that Americans may finally be edging close to their credit limits. Total...

Sen. Cornyn: Federal Probe Started Into Islamic Community in North Texas

(Headline USA) The U.S. Department of Justice has opened a federal civil rights investigation into a Muslim-centered planned community around one of the state's largest mosques near Dallas, U.S. Sen. John Cornyn said Friday. Cornyn requested the federal probe of the development last month, citing concerns it could discriminate against...

Indian Jewelry Market Reveals the Push and Pull of Higher Gold Prices

(Mike Maharrey, Money Metals News Service) Rising gold prices have spurred investment demand, especially in the East, and helped drive Q2 gold demand to the highest level since 2016. In China, demand for gold bars and coins charted the second strongest quarter on record. However, high prices put a drag on jewelry...

Here’s Where Gold & Silver Stand

(Jesse Colombo, Money Metals News Service) Both gold and silver are undergoing healthy consolidation phases after their strong rallies, allowing them to reset and work off overbought conditions. It’s time for an updated look at where things stand. Three weeks ago, I suggested that gold may have temporarily peaked after a...

DOJ Charges USAID Officer w/ Fraud

(Ken Silva, Headline USA) The Justice Department filed a criminal charge Friday against Yusuf Akoll, a former senior procurement contract specialist for the U.S. Agency for International Development, which was recently shuttered and folded into the State Department. According to the DOJ, Akoll formed a shell company in November 2020...

U.S. and China Reach Trade Agreement

(Alan Wooten, The Center Square) Market implications are expected Monday morning worldwide following Sunday’s announcement of a trade agreement between the United States and China. No details were announced between countries doing an estimated $600 billion in trade annually. The two superpower countries have sparred since President Donald Trump’s January...

Late-Term Abortion Clinic Closes after 50-Plus Years of Killing Babies

(Headline USA) For over 50 years, the Boulder Abortion Clinic served as a resource for women who sought abortions in the second or third trimester because of medical reasons “or other circumstances.” Finally, the baby killing is over. That clinic quietly closed last month, leaving the U.S. with just a handful...

Hegseth Announces Fate of DEI at West Point and Military Academies

(Luis Cornelio, Headline USA) It’s a new day at West Point.  Defense Secretary Pete Hegseth announced Friday that admissions at the military academy will now be based “exclusively” on merit—not race, ethnicity or sex.  Hegseth published the change in a memo shared on X, effectively reversing the Biden administration’s forced inclusion policies.  In...

Name-Changing Trans Lawmaker Seethes over Renaming Gulf of Mexico

(Luis Cornelio, Headline USA) Rep. Sarah McBride, D-Del., drew widespread mockery online after criticizing the House’s move to codify President Trump’s renaming of the “Gulf of Mexico” to the Gulf of America.  McBride, a biological male who identifies as the first transgender member of Congress, posted a video on the Capitol...

Justice Sotomayor Begs Lawyers to ‘Fight This Fight’ against Trump’s Agenda

(Luis Cornelio, Headline USA) Leftist Justice Sonia Sotomayor appeared to urge lawyers to “stand up” and “fight this fight” amid legal battles targeting President Donald Trump’s agenda following his victory in the 2024 presidential election  “If you’re not used to fighting, and losing battles, then don’t become a lawyer,” Sotomayor said...

CA’s $10B Deficit ‘Precisely’ Matches Illegal Immigrant Health Care Cost

(By Kenneth Schrupp, The Center Square) California legislators have been told to expect a deficit of $10 billion or more even if revenues do not fall due to higher than anticipated spending, reports Politico. Critics note that the $10 billion figure matches estimated costs of the state’s expansion of eligibility...

Marjorie Taylor Greene Makes Big Decision in Georgia Senate Race

(Headline USA) U.S. Rep. Marjorie Taylor Greene said Friday she won't challenge Democratic Sen. Jon Ossoff of Georgia in next year's midterms, delivering relief for some Republicans who worry she’s too divisive to win. In a lengthy post on the social media platform X, Greene disputed GOP donors and consultants who fear she would...
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