FINANCE

CPI Cools, But Inflation Isn’t Gone: The Story Behind the Headlines

(Money Metals News Service) The latest Consumer Price Index (CPI) report for June sparked optimism across financial markets, with inflation coming in significantly cooler than expected. Headlines quickly celebrated what appeared to be another victory in the Federal Reserve's battle against inflation. But according to Money Metals Midweek Memo host...

Homeland Security Delays Work Permit Expiration For Haiti

(José Niño, Headline USA) Federal bureaucrats rewrote a deadline on their own timetable, and hundreds of thousands of foreign workers kept their paychecks. U.S. Citizenship and Immigration Services delayed the day that immigrants from seven countries wracked by violence and disaster may lawfully work here, The Connecticut Mirror reported. The...

CNBC Ranks 10 GOP-Led States as Worst to Live In

(Bethany Blankley, The Center Square) The national news outlet CNBC ranked 10 Republican-led states as the worst to live in its 2026 America’s Top States for Business rankings. Officials from Republican-led Texas, which ranked second to worst for quality of life in CNBC's report, scoffed at the rankings. In its business...

King: Man Killed in Maine ICE Shooting Not Subject of Investigation

(Chris Wade, The Center Square) A Colombian man shot by ICE agents Monday in Maine was not the intended target of the immigration enforcement operation, Sen. Angus King said. On Monday morning, U.S. Immigration and Customs Enforcement agents shot and killed the 26-year-old migrant, identified as Joan Sebastian Guerrero, as...

New York Imposes Temporary Ban on Data Centers

(Chris Wade, The Center Square) New York became the first state to pause on energy-hungry data centers under an executive order signed by Gov. Kathy Hochul Tuesday, which comes in response to concerns about rising utility bills and the regional electric grid. The directive signed by Hochul sets a one-year...

$1 Million in Taxpayer Funds Going Toward Child Endangerment Case

(David Beasley, The Center Square)  An Ohio state board has approved $1 million in taxpayer emergency funding for child protection services in Vinton County, where 16 children were recently taken into custody in one day in what has been described as “an unprecedented child welfare crisis.” Vinton County, with a...

U.S. Inflation Cools to 3.5% in Better than Expected June Report

(Andrew Rice, The Center Square)  U.S. inflation decreased by 0.4% in June, for a seasonally adjusted total of 3.5% over the year, driven by rapidly falling energy costs, according to a new report released by the U.S. Bureau of Labor Statistics.  Inflation rose by 0.5% in May before declining 0.4%...

An Experimental Alzheimer’s Drug Shows Promise

(Headline USA) An experimental drug might help slow early Alzheimer’s disease in a markedly different way than today’s treatments — by lowering levels of a brain protein called tau, researchers reported Tuesday. Tau is one part of a toxic duo fueling Alzheimer’s but prior attempts to develop drugs that can...

Buffett Omits Gift to Bill Gates’ Foundation after Microsoft Cofounder’s Epstein Ties Disclosed

(Headline USA) Billionaire Warren Buffett omitted Bill Gates’ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein. He will donate about $6 billion to four foundations connected to his own family, but did not mention Gates in his...

Darline Graham, Sister of Lindsey Graham, Chosen to Fulfill Remainder of his US Senate Term

(Headline USA) Lindsey Graham’s sister, Darline Graham, has been named as his temporary replacement in the U.S. Senate after his unexpected death over the weekend. South Carolina Gov. Henry McMaster announced at a news conference at the Statehouse on Monday that she will serve the remaining months on Graham's current...

The Rest of the Inflation Story

(Mike Maharrey, Money Metals News Service) If you’re reading the headlines, you know that the Consumer Price Index (CPI) came in even cooler than expected. And the expectation was for a much cooler CPI thanks to falling oil prices. However, the CPI doesn’t tell the entire inflation story. The CPI...

Indian Import Tax Driving Silver Shortage in India

(Mike Maharrey, Money Metals News Service) An increase in the import duty on precious metals has led to a significant shortage of physical silver in India, pushing premiums to six-month highs. The Indian government announced the 9 percent duty increase in May. The change pushed the import tax on gold and...
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