Sunday, December 28, 2025

FINANCE

Report Links Minnesota Welfare Fraud to Terrorist Funding

(Elyse. S. Apel, The Center Square)  New reports allege that millions of taxpayer dollars have been fraudulently stolen from the Minnesota welfare system and then sent to the Somali-based terror group Al-Shabaab. This is according to original reporting from Chris Rufo and Ryan Thorpe that was published in City Journal....

Israel Receives 1,000th Aircraft Carrying US Military Supplies Since October 7, 2023

(Dave DeCamp, Antiwar.com) The Israeli Ministry of Defense (IMOD) announced on Wednesday that it has received the 1,000th aircraft as part of an airlift operation delivering US military equipment to Israel that began following the October 7, 2023, attack on southern Israel and the start of Israel’s genocidal campaign...

Store Owner Stops $240,000 Foreign Gold Scam

(Ken Silva, Headline USA) A Rhode Island store owner helped stop foreign scammers from swindling $240,000 worth of gold bars from an elderly victim, according to federal court records. The attempted gold scam was revealed by the Justice Department on Monday in a criminal complaint against Chinese national Ka Hin...

Government Secrecy Prevails Over Gold Transparency

(Stuart Englert, Money Metals News Service) When it comes to U.S. gold reserves, secrecy prevails over transparency. Attempts to authorize a comprehensive, independent audit of the nation’s gold reserves have proven elusive and futile for decades. The last two prominent audits, conducted 72 and 51 years ago, respectively, were far from...

Real Money Is Real Money: Islamic Silver Was Prevalent in Viking World

(Mike Maharrey, Money Metals News Service) If I travel to another country, I’ll generally need to make a currency exchange before I can go shopping. I’ll have to swap my dollars for euros if I’m in Europe, or yuan if I’m in China, or perhaps lira if I’m in...

Chinese Gold Demand Surged in October Defying Historical Seasonal Weakness

(Mike Maharrey, Money Metals News Service) After rebounding in September, wholesale gold demand in China increased again, defying seasonal weakness. China ranks as the world’s largest gold market. Gold prices surged in early October, setting several records before correcting later in the month. Even with the selloff, the Shanghai benchmark price...

Zelensky Says He’s Willing To Negotiate on Trump’s Peace Plan for Ukraine

(Dave DeCamp, Antiwar.com) Ukrainian President Volodymyr Zelensky met with US Army Secretary Daniel Driscoll on Thursday and told him that he’s willing to work with the Trump administration on a new plan to end the war with Russia, Axios reported, citing US and Ukrainian officials. The Trump administration has drafted...

Democrat Congresswoman Charged for Stealing FEMA Funds

(Headline USA) In the summer of 2021, when the delta variant of COVID-19 was filling hospitals throughout the country, U.S. Rep. Sheila Cherfilus-McCormick was conspiring to steal $5 million in federal disaster funds that were meant to slow the spread of the pandemic, prosecutors allege. The Florida Democrat has been charged...

Poll: Just 21% of Americans Support Using the Military To Oust Venezuelan President Nicolas Maduro

(Dave DeCamp, Antiwar.com) A new Reuters/Ipsos poll has found just 21% of Americans support the idea of using the US military to oust Venezuelan President Nicolas Maduro, results that come amid a series of reports that the Trump administration is considering a regime change war in Venezuela. The results are...

Verizon is Cutting More Than 13,000 Jobs As It Works to ‘Reorient’ Entire Company

(Headline USA) Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The job cuts began on Thursday, per to a staff memo from Verizon CEO Dan Schulman. In the letter, which was seen by...

September Jobs Report Adds 119,000, Steady Unemployment

(Andrew Rice, The Center Square)  The delayed release of a September report on the labor market appeared to defy expectations. The report showed employers added 119,000 jobs in September, a number that outpaces some economists expectations. The report was delayed due to the federal government shutdown. The health care sector added...

As the 60/20/20 Portfolio Strategy Gains Traction; Gold Becoming a “Core Allocation”

(Mike Maharrey, Money Metals News Service) Last month, Morgan Stanley CIO Michael Wilson suggested a seismic shift in investment strategy when he recommended a 20 percent allocation to gold. It appears investors are starting to take this advice to heart. Historically, the conventional wisdom on Wall Street was a 60/40...
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