Thursday, June 11, 2026

FINANCE

Ship Operator and Employee are Charged in Crash that Caused the Deadly Collapse of Baltimore Bridge

(Headline USA) Federal prosecutors announced charges Tuesday in the 2024 collapse of Baltimore’s Francis Scott Key Bridge, accusing the Singapore-based operator of a ship and a key employee of making critical decisions that led to the disaster and the deaths of six people. The indictment names Synergy Marine Pte Ltd.,...

Trump’s Proposed ‘Golden Dome’ Estimated to Cost $1.2 Trillion

(Headline USA) President Donald Trump's plan to put weapons in space — pitched as a "Golden Dome for America” missile defense program — is estimated to cost $1.2 trillion, according to a new analysis from the Congressional Budget Office, a far heftier sum than the initial $175 billion price...

No Matter How You Slice the Data, It Keeps Coming Up Inflation

(Mike Maharrey, Money Metals News Service) No matter how you slice the data, it keeps coming up inflation. The April CPI data did nothing to allay fears of renewed inflationary pressure as rising energy prices continued to impact the economy. On a monthly basis, the CPI rose 0.6 percent, adding to...

De-Dollarization: Has the End of History Ended?

(Mike Maharrey, Money Metals News Service) Are we in the early stages of a fundamental shift in global monetary history? Analysts at Deutsche Bank Research Institute think we are. They see a future where the dollar plays a much smaller role. As the USSR’s empire crumbled, Francis Fukuyama proclaimed that humanity...

Unearthed DOJ Files Implicate Hunter Biden in Potential Sex Trafficking Violations

(Luis Cornelio, Headline USA) Newly released internal DOJ files appear to implicate President Joe Biden’s disgraced son, Hunter Biden, in alleged prostitution-related activity, corroborating accusations raised years earlier by Senate Republicans. The files, obtained Monday by the Senate Judiciary Committee and the Senate Permanent Subcommittee on Investigations, showed Hunter exchanging text...

Va. Dems Mull Purging Supreme Court After Redistricting Defeat

(Luis Cornelio, Headline USA) “Desperate times call for desperate measures” appears to have become the Democratic Party’s current modus operandi after Virginia Democrats suffered a humiliating defeat in their attempt to redraw the state’s congressional maps ahead of the 2026 midterms. Among the proposals now under discussion is one extraordinary move:...

Trump Confirms Gas Tax Suspension Push as Prices Hit $4.52

(Brett Rowland, The Center Square) President Donald Trump confirmed Monday that he wants to temporarily suspend the 18.4-cent federal gas tax, with Republican lawmakers in both chambers announcing plans to introduce legislation hours later, but key details including duration, cost offset, and a phase-back trigger remain undefined. "I think it's...

Trump Accuses Schumer of Election ‘Interference’ with New York Task Force

(Chris Wade, The Center Square) President Donald Trump is ripping Senate Minority Leader Chuck Schumer for hiring former Obama-era Attorney General Eric Holder to help oversee New York's congressional redistricting plans. In a social media post, Trump accused Schumer and other top New York Democrats of trying to "interfere in...

Trump Says Iranian Ceasefire on ‘Life Support’

(Sarah Roderick-Fitch, The Center Square) The ceasefire with Iran is on “life support” and “very weak,” according to President Donald Trump. The president commented Monday during an event in the Oval Office following Iran's rejection of a peace deal proposal over the weekend, which he called a “piece of garbage”...

Accused Correspondents’ Dinner Shooter Pleads Not Guilty to All Charges

(Andrew Rice, The Center Square) The accused White House Correspondents' Association Dinner shooter pleaded not guilty in federal court on Monday to all charges, including an attempt to assassinate President Donald Trump.  Cole Tomas Allen has been charged with an attempt to assassinate a sitting U.S. president, transmission of firearms...

Trump: Iran’s Response to US Proposal Is ‘Totally Unacceptable’

(Dave DeCamp, Antiwar.com) President Donald Trump said on Sunday that Iran’s response to the latest US proposal to reach a deal was “totally unacceptable,” signaling that the two sides are still not close to reaching a deal. “I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like...

Netanyahu Says Iran War Is ‘Not Over’

(Dave DeCamp, Antiwar.com) Israeli Prime Minister Benjamin Netanyahu has said that the US-Israeli war against Iran is “not over,” pointing to the fact that Iran still has its stockpile of enriched uranium and maintains its ballistic missile program. “I think it accomplished a great deal, but it’s not over,” Netanyahu...
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