Sunday, June 7, 2026

FINANCE

Ex-Rep. Swalwell Faces Probe Into Campaign Payments to Defense Attorney

(Luis Cornelio, Headline USA) Legal troubles for Eric Swalwell may be far from over, despite his decision to end his campaign for California governor and resign from Congress amid sexual abuse allegations. The Fair Political Practices Commission, the state agency overseeing campaign finance enforcement, is examining whether Swalwell’s campaign illegally paid...

Florida Sues OpenAI

(Merrilee Gasser, The Center Square) Florida became the first state this week to sue OpenAI. The civil complaint against OpenAI and Chief Executive Officer Sam Altman accuses the company of deceptive practices and harms to Floridians. Specifically, the lawsuit alleges Altman prioritized commercial gain and ignored warnings that OpenAI's products could...

Trump Pardons Ex-Congressman Convicted of Insider Trading

(Headline USA) President Donald Trump has issued a pardon to Stephen Buyer, a former Republican congressman from Indiana who served nearly two years in prison for making illegal stock trades based on inside information after he left office. Buyer was sentenced to 22 months in prison in 2023 for trades made...

Markets Are Treating the Iran Conflict as a Shock, Not a Structural Change

(Money Metals News Service) In a wide-ranging conversation on the Money Metals Podcast, host Mike Maharrey sat down with Axel Merk, founder, president, and chief investment officer of Merk Investments, to discuss how investors should interpret the ongoing conflict involving Iran, what is driving gold prices, and why maintaining...

House Passes Bill To Give Ukraine Billions in Additional Military Aid as War Escalates

(Dave DeCamp, Antiwar.com) The US House of Representatives on Thursday passed a bill to provide Ukraine with billions in additional military aid and increase sanctions on Russia, a move that comes as the more than four-year-old war between Russia and Ukraine is escalating. The Ukraine Support Act passed in a vote...

U.S. Adds 172k Jobs in ‘Strong’ May Report, Unemployment Remains at 4.3%

(Andrew Rice, The Center Square) The U.S. economy added 172,000 jobs in May's better-than-expected report while the unemployment rate remained at 4.3%, according to data released Friday by the U.S. Bureau of Labor Statistics. The unemployment rate has remained steady in the range of 4.3% to 4.5% since July 2025,...

Central Banks Flipped Back to Gold Buying in April

(Mike Maharrey, Money Metals News Service) Central banks were once again net gold buyers in April, after large sales pushed gold accumulation into negative territory in March. In March, global central bank gold reserves fell by 27 tonnes, driven by big sales by Turkey and Russia. The tide turned in...

Americans Increasingly Using Buy-Now-Pay-Later to Purchase Groceries and Gas

(Mike Maharrey, Money Metals News Service) Americans have run their credit cards to the limit. Now they’ve turned to buy-now-pay-later plans to buy gas and groceries. This is yet more evidence that American consumers are broke, stressed, and buried in debt as inflation steals their purchasing power. Buy-now-pay-later (BNPL) platforms allow users...

What’s the Stanley Cup Worth?

(Mike Maharrey, Money Metals News Service) The Stanley Cup is the greatest trophy in the world. It’s also one of the most valuable. It’s made of silver – and a lot of it. The Stanley Cup Finals kicked off this week. The Las Vegas Knights are battling the Carolina Hurricanes for the NHL...

AI Tool Reveals Pandemic Lockdown Impacts Worse Than Government Data Suggests

(Mike Maharrey, Money Metals News Service) A lot of people are feeling economic pain right now. As I recently wrote, the American consumer is broke, stressed, and buried in debt. However, the official government data doesn’t seem to reflect this pain. Sure, there’s some price inflation out there, but it’s not...

UFC Champion Sean Strickland Banned From White House Over Israel Criticism

(José Niño, Headline USA) UFC Middleweight champion Sean Strickland claims he was barred from attending UFC Freedom 250 at the White House because he criticized Israel and President Donald Trump, and plans to show up anyway with his championship belt and a bullhorn to protest outside the gates. UFC Freedom...

Report: Trump Tells Aides He May Restart Full-Scale Bombing Against Iran If US Troops Are Killed

(Dave DeCamp, Antiwar.com) President Donald Trump has told his aides that he may restart the full-scale bombing campaign against Iran if US troops are killed, The Wall Street Journal has reported, as the United States and Iran have traded multiple rounds of attacks despite a nominal ceasefire. The report came...
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