Friday, June 12, 2026

FINANCE

Ex-NYC Judge Charged for Real Estate Fraud Scheme

(Headline USA) A former New York City judge who resigned last year while under investigation for professional misconduct was charged Wednesday with abusing his position to swindle real estate investors out of at least $5 million and then using some of the loot to pay his own bills. Edward Harold King,...

Ex-Aide to Gov. Newsom and Becerra Pleads to Stealing Campaign Funds

(Headline USA) A top California Democratic political aide agreed to plead guilty Thursday to charges including conspiracy to commit bank fraud related to a scheme to steal campaign funds from Xavier Becerra when he served as the federal health secretary. The case has drawn attention to Becerra in his bid for...

Tax Revenues Drive April Budget Surplus Even as Spending Keeps Going Up

(Mike Maharrey, Money Metals News Service) As is typical in April, the federal government ran a budget surplus last month thanks to the influx of income tax revenue. But despite this seemingly good news, every metric reveals further deterioration in America’s fiscal situation. The surplus of $215.02 billion was 16.8...

India Hikes Gold and Silver Import Duties to Support Rupee

(Mike Maharrey, Money Metals News Service) In July 2024, India slashed its import tax on gold and silver from 15 percent to 6 percent. This week, the Indian government reversed course, hiking the customs duty back to 15 percent. The 9 percent duty increase ranks as the largest on record. The duty on...

The Dollar Is Shrinking And Gold Could Explode Higher

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey challenged the optimistic mainstream narrative surrounding the U.S. economy, arguing that beneath strong headline numbers lies a far more troubling inflationary and monetary reality. Maharrey opened with a personal hockey story about an overhyped...

Report: Israel Wants US Special Forces Operation To Seize Iran’s Uranium

(Dave DeCamp, Antiwar.com) The Israeli government wants President Donald Trump to order a US special forces operation to secure Iran’s uranium that’s enriched at the 60% level, according to a report from Axios, an operation that is fraught with risks and would mean the resumption of full-blown war in...

Auto Debt Hits $1.68 Trillion as Car Payments Crush Americans

(José Niño, Headline USA) American auto debt surged to $1.68 trillion by the close of 2025, marking a 37 percent jump from late 2018 when the total sat at $1.23 trillion, CNBC reported. A new analysis by The Century Foundation and Protect Borrowers provided the data exclusively to the...

Trump Taps 53 Million Barrels from Oil Reserves Amid Iran War

(José Niño, Headline USA) The Trump administration said Monday it would loan out 53.3 million barrels of crude from the Strategic Petroleum Reserve to energy firms as fuel costs soar during the conflict with Iran, Just The News reported. The release comes after Washington agreed in March to put 172...

Glenn Greenwald: CBS is Becoming ‘Israeli State TV’ Under Bari Weiss

(José Niño, Headline USA) Former Israeli Ambassador Michael Oren publicly thanked CBS News editor in chief Bari Weiss after the network's 60 Minutes interview with Benjamin Netanyahu adopted language aligned with Israeli government messaging. Oren tweeted "Just watched Netanyahu's interview on 60 Minutes and noted how CBS uncharacteristically stated that...

Trump Posts AI Photos Showing Attacks on Iranian Military as He Considers Restarting War

(Dave DeCamp, Antiwar.com) President Donald Trump on Tuesday morning posted a series of AI-generated photos on his Truth Social account, including some showing US military attacks on Iranian military assets, a bizarre threat that comes as he is considering restarting the full-scale bombing campaign against the Islamic Republic. “Lasers: Bing,...

OpenAI Chief Sam Altman Makes a High-Stakes Appearance in his Court Bout with Elon Musk

(Headline USA) OpenAI CEO Sam Altman took the witness stand Tuesday to defend his business record in a trial pitting him against Elon Musk, rebutting testimony that disparaged his leadership at a pivotal time for the ChatGPT maker. Musk, the world’s richest man, is seeking Altman’s ouster from the company...

Air Force Jet Crashes, Pilots Eject Safely

(Headline USA) A U.S. Air Force training jet crashed Tuesday in west Alabama with both pilots ejecting safely, military officials said. Military officials said a T-38 Talon II aircraft from Columbus Air Force Base in Mississippi was involved in a mishap at noon on Tuesday. “The cause of the mishap is...
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