Saturday, May 2, 2026

FINANCE

Judge Dismisses Trump’s $10B Lawsuit Against WSJ, Murdoch Over Reporting on Ties to Epstein

(Headline USA) A federal judge dismissed President Donald Trump’s $10 billion defamation lawsuit against the Wall Street Journal and Rupert Murdoch on Monday over a story on his ties to Jeffrey Epstein. U.S. District Judge Darrin P. Gayles in Florida wrote in the order that Trump had failed to make...

Oil Prices Climb Back Above $100 and Stocks Slip as Hopes Recede a Bit About the US-Iran War

(Headline USA) Oil prices are back above $100 per barrel, and stock markets are falling worldwide Monday after 21 hours of ceasefire talks between the United States and Iran failed to end their war. But the moves are more modest than many of the extreme swings that have rocked financial...

Trump Admits Gas Prices Are Likely to Increase By November Midterms

(Kyle Anzalone, Libertarian Institute) President Donald Trump warned Americans that gas prices may continue to increase through the midterm elections later this year. The war against Iran has caused substantial disruptions to the oil market.  When asked about the possibility that gas prices will continue to increase, the President said,...

Chinese Sulfuric Acid Export Ban Could Exacerbate Physical Silver Shortage

(Mike Maharrey, Money Metals News Service) A move by China could exacerbate already tight silver supplies. Chinese officials have indicated they will stop exports of sulfuric acid beginning next month. The ban could last through the rest of 2026. According to Mining.com, “Some sulfuric acid producers in the country recently received notifications...

CPI Spikes on Energy Prices But That’s Not the Real Inflation Story

(Mike Maharrey, Money Metals News Service) The expected surge in prices due to the Iran War showed up in the March CPI data. However, it doesn't tell the real inflation story. Without a doubt, price inflation is up. The cost of the basket of goods the BLS uses to calculate...

Texas House Committee Fines Democrats Nearly $423,000 for Absconding

(Bethany Blankley, The Center Square) The Texas House Committee on Administration on Friday voted to fine House Democrats who absconded during special legislative sessions last year. After a closed door hearing, the committee voted 6-5 along party lines to fine 53 House Democrats $8,354 each. The decision came eight months...

WATCH: 23-Story Miami Hotel Destroyed in Implosion

(Headline USA) A hotel at one of Miami's most exclusive locations was demolished Sunday to make way for something bigger. Demolition experts completed the controlled implosion of the former Mandarin Oriental, Miami on Brickell Key, a human-made island at the mouth of the Miami River, across from downtown. It marked the...

Buyers Fret as the Average Cost of a New Car Nears $50K

(Headline USA) After a few years of sharing a 2019 Chevrolet Trax, Dana Eble and Tyler Marcus are finally looking for a second car. But as they jump into the market, the young married couple isn't sure what they can afford. “I just keep seeing a lot of different aspects of...

Gold, Geopolitics, and Volatility: Insights from Joe Cavatoni

(Money Metals News Service) In a rapidly shifting geopolitical environment, gold continues to demonstrate both its resilience and its complexity as a financial asset. In a recent episode of the Money Metals Podcast, host Mike Maharrey spoke with Joe Cavatoni, Market Strategist for North America at the World Gold Council, to unpack...

Report: U.S. Added $1.2 Trillion to National Debt in Six Months

(Thérèse Boudreaux, The Center Square) The U.S. government added $1.2 trillion to the national debt over the past six months, borrowing $163 billion during March alone, the Congressional Budget Office reports. At the current rate of borrowing, federal deficits are on track to top $2 trillion by October, the end...

Vance Warns Iran Not to ‘Play’ the US

(Headline USA) Vice President JD Vance on Friday warned Iran not to “play” the U.S. as he headed overseas for negotiations aimed at ending the war. President Donald Trump has tasked the member of his inner circle who has seemed to be the most reluctant defender of the 6-week-old conflict...

‘I am Thinking About It,’ Kamala Harris Says of 2028 Presidential Bid

(Headline USA) After chants of “run again!” filled the room, former Vice President Kamala Harris told African American activists on Friday that she's actively considering another presidential bid. “I might. I am thinking about it,” Harris told Rev. Al Sharpton after he asked directly whether she was going to run...
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