Monday, December 8, 2025

FINANCE

San Diego Votes to Become a ‘Super’ Sanctuary County

(Headline USA) San Diego County voted this week to make itself a “super” sanctuary district and block all county cooperation with federal immigration authorities, Newsweek reported. The resolution, approved in a 3-1 vote by San Diego County’s board of supervisors, goes even farther than California’s existing sanctuary law, which limits state...

NYT: Biden Allowed Most Migrants in U.S. History

(Ken Silva, Headline USA) The New York Times published a shocking report Wednesday, revealing that the immigration surge under the Biden administration has been the largest in U.S. history—even more than the boom of the late 1800s and early 1900s. The Times analyzed government data, finding that annual net migration...

Sound Money: Legislative Wins, Challenges, and the Future

(Money Metals News Service) In a recent interview with Charlotte McLeod of Investing News Network, Jp Cortez, Executive Director of the Sound Money Defense League, shared insights into the organization’s progress, challenges, and goals. Celebrating its 10th anniversary, the Sound Money Defense League, owned and funded by Money Metals Exchange, has...

Kerry Awards Himself Portrait after Squandering $32M as Climate Czar

(Luis Cornelio, Headline USA) The Biden administration gave itself a parting gift by awarding former climate czar John Kerry his official portrait celebrating his tenure as secretary of state under the Obama-Biden administration.  Secretary of State Antony Blinken unveiled the portrait during a lavish reception in the Department of State’s Ben...

Everyday Economics: Could a Fed Rate Cut in December Be the Last of This Cycle?

(Orphe Divounguy, The Center Square) The U.S. labor market continues to show signs of a persistent slowdown. At the same time, inflation data is mixed, with core inflation exceeding expectations while headline inflation continued to moderate. Accelerating producer prices suggest that inflation may be more stubborn than previously anticipated. This scenario...

Gas Prices Declining, May Rise after Fall of Syrian Government

(Casey Harper, The Center Square) An ongoing war in Syria has suddenly ended with the overturning of the longstanding Syrian government, creating national-security and humanitarian concerns but also threatening global oil markets. “Russian oil and gas companies have operated in Syria for years adding to the world’s supply,” Daniel Turner,...

Small Business Optimism Spikes after Election

(Casey Harper, The Center Square) Small business owners' optimism saw a significant spike after President Donald Trump won the White House and Republicans took both chambers of Congress, according to the latest survey data. The National Federation of Independent Businesses released the data Monday, which showed that small business owners...

REPORT: Average American Household Has More than $10,000 in Credit-Card Debt

(Carleen Johnson, The Center Square) The average American household credit card balance as of the third quarter of 2024 was about $10,757 after adjusting for inflation, according to a new study. The personal-finance website WalletHub onFriday released its new Credit Card Debt Study, which found that consumers added $21 billion in...

OpenAI Releases AI Video Generator Sora but Limits How It Depicts People

(Headline USA) OpenAI has publicly released its new artificial intelligence video generator Sora but the company won't let most users depict people as it monitors for patterns of misuse. Users of a premium version of OpenAI's flagship product ChatGPT can now use Sora to instantly create AI-generated videos based on...

Gold And Silver Take Off On Surprise Rally

(Brien Lundin, Money Metals News Service) “Don’t look a gift horse in the mouth.” That was my first thought on seeing gold up about $45...and silver jumping 4%...this morning while other markets weren’t confirming the moves. The Dollar Index was down, but not much. Treasury yields were actually higher. And...

Chinese Central Bank Resumes (Official) Gold Purchases

(Mike Maharrey, Money Metals News Service) After a six-month pause, China's central bank officially resumed gold purchases in November.  According to data released by the People's Bank of China, it added about five tons of gold to its reserves in November. China was the biggest central bank gold buyer in 2023,...

Consumer Debt Surged in October

(Mike Maharrey, Money Metals News Service) After two months of keeping their credit cards in their wallets, American consumers pulled out the plastic again in October. A surge in card spending drove consumer debt higher by $19.2 billion, a 4.5 percent increase, according to the most recent data from the Federal...
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