Monday, May 11, 2026

FINANCE

Did MAHA’s Food-Stamp Restrictions Force Wave of 7-Eleven Closures?

(Ben Sellers, Headline USA) A prominent advocate for the Make America Healthy Again movement suggested that 7-Eleven’s closure of 645 underperforming North America locations may be linked to the Trump administration’s cutback of government-subsidies for unhealthy snacks. “Wait it’s all fraud. Always has been,” said a meme accompanying the post...

Pentagon Has Approached US Automakers About Helping Manufacture Weapons

(Dave DeCamp, Antiwar.com) Two major US car makers have been approached by the Pentagon about the possibility of helping the US government manufacture military equipment, as the Trump administration seeks a significant boost in arms production. The discussions were first reported by The Wall Street Journal last week, which said...

FBI Director Kash Patel Sues The Atlantic for Article that Alleged Excessive Drinking

(Headline USA) FBI Director Kash Patel hit The Atlantic magazine with a $250 million defamation lawsuit on Monday, claiming an article that talked about mismanagement at the agency and his alleged excessive drinking was false and a “malicious hit piece.” The Atlantic said it stood by its reporting and...

Wells Fargo: Debasement Trade Could Drive Gold to $8,000

(Mike Maharrey, Money Metals News Service) If you had told most people a few years ago that we’d be seriously talking about $8,000 gold today, they would have thought you were crazy. Well, we’re crazy. Wells Fargo analysts just set $8,000 as their bullish target for gold next year. According to Wells...

Fixing Trade With Sound Money

(Joseph Solis-Mullen, Money Metals News Service) Few things are more head-shakingly trying to the sound money economist than listening to the endless academic and policy debates about trade. Lost amidst the back and forth over surpluses and deficits, the “appropriate” level of subsidies or tariffs, is the fact that were...

Ilhan Omar Goes from Riches to Rags amid Possible Fraud Probe

(Ben Sellers, Headline USA) Facing the prospect of a federal investigation surrounding her mysterious surge in wealth, Rep. Ilhan Omar, D-Minn., revised downward an earlier estimate of her wealth from between $6 million and $30 million to a  more modest $95,000 or less, the Wall Street Journal reported. https://twitter.com/BreannaMorello/status/2045475116432179482 “The amended...

Businesses Can Claim Refunds for Trump Tariffs Declared Unconstitutional

(Headline USA) A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday. Importers and their brokers will be able to begin claiming refunds through an online portal beginning at 8 a.m.,...

Letitia James Offers Bizarre Explanation for Not Releasing Tax Filings

(Luis Cornelio, Headline USA) Embattled New York Attorney General Letitia James broke with other top New York officials over her refusal to release personal tax filings. James, a Democrat who has faced a grand jury indictment tied to alleged mortgage fraud, said Friday she would not release her tax returns and...

Greg Weldon on Gold, the Dollar, China, and the Stagflation Threat

(Money Metals News Service) In the latest Money Metals podcast, host Mike Maharrey welcomed back veteran market analyst Gregory T. Weldon for a sweeping discussion on precious metals, the U.S. dollar, geopolitics, inflation, and the growing disconnect between financial markets and economic reality. Although the two last spoke in January, Greg Weldon joked that...

Trump Says Iran Agrees to Turn Over ‘Nuclear Dust’

(Sarah Roderick-Fitch, The Center Square) The United States will receive Iran’s “nuclear dust,” President Donald Trump said Friday. “The U.S.A. will get all the nuclear ‘dust,’ created by our great B2 bombers – no money will exchange hands in any way, shape, or form,” Trump posted on Truth Social. It is...

‘Money Laundering’: Newsom Used Donations to Inflate Book Sales

(Luis Cornelio, Headline USA) California Gov. Gavin Newsom and his allies spent weeks boasting that his book, Young Man in a Hurry, became a “best-seller” within hours of its March release. However, a new report found those sales were largely driven by Newsom’s own super PAC using donor funds. The book,...

‘Enough Is Enough’: Trump Tells Israel to Halt Attacks on Lebanon

(Dave DeCamp, Antiwar.com) President Donald Trump instructed Israel to halt its attacks on Lebanon. Iran said the truce with Lebanon was the reason it elected to reopen the Strait of Hormuz.  “Israel will not be bombing Lebanon any longer. They are PROHIBITED from doing so by the U.S.A. Enough is...
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