Sunday, July 12, 2026

FINANCE

DOJ Announces 455 Indictments in Connection to Billions in Alleged Fraud

(Sarah Roderick-Fitch, The Center Square) The U.S. Department of Justice announced Tuesday that 455 people have been indicted for alleged health care fraud, believed to cost taxpayers over $6.5 billion. Acting Attorney General Todd Blanche said the defendants spanned 45 states and territories. “These individuals participated in health care fraud schemes...

Trump Administration Announces $17.5 Billion in Loans for 10 New Large Nuclear Reactors

(Headline USA) The Trump administration is providing $17.5 billion to speed the development of 10 new large nuclear reactors to meet the skyrocketing power demand from massive data centers. Energy Secretary Chris Wright cited “tremendous interest” among developers of data centers that would buy the power, as well as utilities...

8 Convicted in Texas Immigration Center Shooting and Protest are Sentenced to Decades in Prison

(Headline USA) Eight protesters accused by the Justice Department of having ties to antifa were sentenced Tuesday to decades in federal prison over a shooting outside a Texas immigration detention center that wounded a police officer and prosecutors called an act of terrorism. One of the defendants, a former U.S....

Georgia the Latest Country to Join the Central Bank Gold Rush

(Mike Maharrey, Money Metals News Service) Georgia has joined the growing list of countries expanding their gold reserves. Last month, the National Bank of Georgia (NBG) purchased $100 million in gold. At the average gold price in May, that amount would buy approximately 22,000 ounces (0.7 tonnes) of gold. The purchase...

Chinese Gold Imports Hit Two-Year High in May

(Mike Maharrey, Money Metals News Service) Chinese gold imports surged to the highest level in two years last month despite sagging prices and cooling demand. According to the latest customs data, China imported 163 tonnes of gold in May. The last time we saw imports at that level was March...

ActBlue Refusing to Comply with Congressional Subpoenas, House GOP Says

(Ken Silva, Headline USA) House Republicans said Monday that they’re planning to hold the pro-Democrat political action committee ActBlue in contempt of Congress for refusing to comply fully with their subpoenas. “For more than a year, the Committees have conducted oversight regarding ActBlue's fundamentally unserious approach to fraud prevention, which may...

Stefan Gleason: Gold, Fort Knox, and the Dollar’s Future

(Money Metals News Service) In a recent interview on the Pinnacle Digest Podcast, host Aaron Hoddinott sat down with Money Metals President and CEO Stefan Gleason to discuss central bank gold buying, Federal Reserve policy, the future of the U.S. dollar, and the growing debate surrounding America's gold reserves. Gleason argued that the...

Tesla Slams Into a Texas Home, Killing a 76-Year-Old

(Headline USA) The top U.S. auto regulator opened an investigation Monday after a Tesla using an automated driving feature slammed into a Texas home at high speed and killed a 76-year-old woman standing inside. The National Highway Traffic Safety Administration said it's opening a special investigation into the Tesla Model 3...

U.S. Government Runs Another Big Budget Deficit as Tariff Revenue Goes Negative

(Mike Maharrey, Money Metals News Service) After running a surplus in April thanks to an influx of income tax revenue, the U.S. government returned to the status quo and ran a big deficit in May. The Trump administration spent $292.65 billion more than it took in as revenues dipped due...

RIP Alan Greenspan, Schizophrenic Gold Bug

(Stefan Gleason, Money Metals News Service) Chairman Alan Greenspan has now passed from the scene at the age of 100. Greenspan parlayed his sound-money bona fides into the top post at America's central bank and the stewardship of the world's dominant fiat currency. In betrayal of his own stated free-market principles, Greenspan...

Vance Says ‘Progress’ Made in Talks with Iran

(Sarah Roderick-Fitch, The Center Square)  Following what appeared to be a bumpy weekend between the United States and Iran, Vice President J.D. Vance said progress is being made. Vance, leading a U.S. delegation in talks with Iran, mediated by Pakistan and Qatar, reassured that talks remain ongoing in Switzerland after...

Milwaukee Mayor Criticizes Investigation into 2020 Election

(Benjamin Yount, The Center Square) Milwaukee’s mayor is again questioning and criticizing the federal investigation into Wisconsin’s 2020 election. Mayor Cavalier Johnson was on UpFront over the weekend and framed the FBI’s questioning of Milwaukee County election officials and Milwaukee police officers as an attempt to undo the 2020 presidential...
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