Friday, November 21, 2025

FINANCE

US Bombs Four Alleged Drug Boats in the Eastern Pacific, Killing 14

The US military bombed a total of four alleged drug boats in the Eastern Pacific Ocean on Monday, US War Secretary Pete Hegseth has announced.

House Oversight Committee Refers Biden ‘Cover-Up’ to DOJ for Investigation

The House Oversight Committee’s report on Biden’s cognitive health accuses officials of covering up decline and refers cases to DOJ, D.C. Board of Medicine.

Democrats Refuse to End Shutdown for 13th Time, Drawing GOP Ire

Despite opposition from major federal labor unions, Senate Democrats blocked Republicans’ Continuing Resolution to reopen and fund the government for the 13th time Tuesday….

Texas Sues Tylenol Companies Over Autism Claims

Texas AG Ken Paxton will sue Johnson & Johnson and Kenvue for misleading pregnant women about acetaminophen after Trump’s autism warning.

Health Department Says 1.4M to Miss SNAP Benefits

Food assistance for 1.4 million North Carolinians will be delayed without the federal government reopening…

Amazon Cuts 14,000 Corporate Jobs as Spending on Artificial Intelligence Accelerates

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere...

Why Exactly Is the Federal Reserve Cutting Rates?

(Mike Maharrey, Money Metals News Service) The Federal Reserve kicked off its October meeting today (Tuesday, Oct. 28). The central bank is expected to cut interest rates another quarter percent and could announce a timetable to end balance sheet reduction. But why? A lot of the people clamoring for looser monetary policy...

Gold Bulls Take a Beating But Are They Down and Out?

(Mike Maharrey, Money Metals News Service) Gold has been pounded lower over the last two weeks and is now struggling to hold the $4,000 level. Are the bulls dead? It’s important to keep the selloff in perspective. As I put it in my podcast last week, “keep your eye on the...

Navy Loses Two Aircraft from USS Nimitz Aircraft Carrier Within 30 Minutes

A fighter jet and a helicopter based off the aircraft carrier USS Nimitz both crashed into the South China Sea within 30 minutes of each other, the Navy's Pacific Fleet said.

Report: State and Local Governments’ Debt Topped $6.1 Trillion in 2023

State and local government debt surpassed $6.1 trillion in 2023, according to an analysis by Reason Foundation….

Indian Gold Demand Robust in September Despite High Prices

(Mike Maharrey, Money Metals News Service) Even with gold scaling record highs, Indian demand was robust in September as the festival season kicked off. India ranks as the world's second-largest gold market behind China. Gold has hit record highs 48 times this year in dollar terms. The yellow metal was up by...

Trump Wants to Meet Kim Jong-un On Asia Tour

As President Donald Trump headed to Malaysia on the first leg of his Asia tour, he told the media to “put out the word” that he would like to meet with North Korean Supreme Leader Kim Jong-un....
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