Monday, December 1, 2025

FINANCE

Trump Administration Asks Appeals Court to Pause Ruling to Fund SNAP

(Brett Rowland, The Center Square) The federal government asked an appeals court Friday to pause a lower court ruling that required the Trump administration to fully fund benefits for the Supplemental Nutrition Assistance Program. SNAP, formerly known as food stamps, provides federally-funded food benefits to about 42 million low-income families...

Govt. Shutdown Leads to Over 800 Flights Cancelled, Number Growing

(Thérèse Boudreaux, The Center Square) As the government shutdown drags into its 38th day and forced flight reductions begin taking effect, the number of daily flight cancellations Americans are experiencing has skyrocketed. By noon Friday, airlines had slashed 850 flights within, into, or out of the United States – quadruple...

Explosion at Mississippi Chemical Plant Causes Ammonia Leak, Evacuations

(Headline USA) ​​ An explosion at a hydrogen and nitrogen product manufacturer in Mississippi on Wednesday caused an ammonia leak and forced nearby residents to evacuate, officials said. Mississippi Gov. Tate Reeves said in a post on the social platform X that emergency officials from across the state were responding...

Former South Carolina Democrat Indicted on Federal Charges of Defrauding Legal Clients

(Headline USA) ​​ A former South Carolina state lawmaker has been indicted on federal allegations that he schemed to defraud his legal clients. According to court papers, a federal grand jury on Wednesday indicted former Rep. Marvin Pendarvis, a Democrat and attorney, on 10 charges including wire fraud, aggravated identity...

House Dems Summon Ex-Prince Andrew to Talk about Jeffrey Epstein

(Ken Silva, Headline USA) Democrats in the House Oversight Committee have written to Andrew Mountbatten Windsor, formerly known as Prince Andrew, seeking information about his relationship with deceased sex offender Jeffrey Epstein. “You may have valuable information about the crimes committed by Mr. Epstein and his co-conspirators,” they said in...

Congressional Perks: Luxury Cars and Mileage Result in Big Costs for Taxpayers

(Arthur Kane, The Center Square) U.S. Reps Darrell Issa, R-Calif., and David Scott, D-Ga., have each had taxpayers pay as much as $1,000 every month to Lexus financial so they can lease a vehicle for their offices, a review of House Members' Representational Allowance records by The Center Square...

Criminal Case Against Boeing Over Deadly 737 Max Plane Crashes is Dismissed by a US Judge

(Headline USA)  A federal judge in Texas has agreed to dismiss a criminal conspiracy charge against Boeing in connection with two 737 Max jetliner crashes that killed 346 people. In a written decision issued Thursday, U.S. District Judge Reed O’Connor approved the federal government’s request to dismiss its case against...

Officials Scour Charred Site of Kentucky UPS Plane Crash for Victims and Answers

(Headline USA)  The grim task of finding and identifying victims from the firestorm that followed a UPS cargo plane crash in Louisville, Kentucky, entered a third day Thursday as investigators gathered information to determine why the aircraft caught fire and lost an engine on takeoff. The inferno consumed the enormous...

UBS: Buy the Dips in Gold!

(Mike Maharrey, Money Metals News Service) Buy the dips in gold! That’s the recommendation of UBS analysts after the recent correction in the gold price. After peaking near $4,400 an ounce, gold was hammered lower, falling to below $4,000. Since then, the price seems to have consolidated around $4,000, but volatility...

The Fed’s “Heroin on the Table”

(Money Metals News Service) Mike Maharrey opens the Midweek Memo with a sharp analogy: if the D.A.R.E. officer lectured against drugs and then left heroin and syringes on the desk, that would mirror Jerome Powell’s performance. The chair talked tough, lowered expectations for future easing, and still delivered another hit...

Starbucks’ Union Workers Plan Strike Next Week Unless Company Agrees to a Contract

(Headline USA) Starbucks’ union members have voted to strike at the company’s U.S. stores next week unless it finalizes a contract agreement, the union said Wednesday. The strike would begin on Nov. 13, which is the day Starbucks plans to distribute free, reusable red cups. Red Cup Day, a Starbucks...

US Asks UN To Lift Terrorism Sanctions on Syria’s Sharaa Before His White House Visit

(Dave DeCamp, Antiwar.com) The US is asking the UN Security Council to lift sanctions on Syrian President Ahmad al-Sharaa, a former al-Qaeda leader, and other members of his government, before he visits the White House next week, The Associated Press has reported. Sharaa, formerly known as Abu Mohammad al-Julani, was...
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