(Headline USA) On the heels of a newly passed $95 billion aid package for Ukraine and other foreign nations, as well as more rounds of controversial student-loan "amnesty" announced by the Biden administration, the root cause of inflation---unfettered federal spending and borrowing---has yet to be addressed in any meaningful...
(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Jerome Powell and his fellow central bankers are swinging at inflation like a blindfolded kid trying to break a piñata.
Do you remember the March FOMC meeting? The Fed released its projections for rate cuts in the coming months. The consensus...
(Luis Cornelio, Headline USA) President Joe Biden’s wave of a magic wand has made billions of dollars in college debt disappear for students who attended a now-defunct university.
On Wednesday, Biden announced the “cancellation” of $6.1 billion in student loans for 317,000 students who had enrolled at the Art Institutes.
“This institution...
(Dmytro “Henry” Aleksandrov, Headline USA) Former far-left Google employees filed a federal labor complaint against the Big Tech company on Apr. 29, 2024, saying they were illegally fired for protesting Google's partnership with the Israeli government and asking for better working conditions.
The complaint that was filed with the National Labor...
(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey delves into the complexities of the current economic landscape including that of China as a member of BRICS, Federal Reserve policies, and stagflation.
China’s Growing Influence on the Global Economy
Mike Maharrey highlights concerns...
(Ken Silva, Headline USA) The Justice Department announced Tuesday that a former federal attorney was sentenced to 20 years imprisonment for conspiring to sexually exploit numerous children.
According to the DOJ, the former attorney for the Federal Deposit Insurance Corporation, Mark Black, 50, of Arlington, Virginia, was a member of...
(Jacob Bruns, Headline USA) Former President Donald Trump's Truth Social stock once again leapt in value Monday after the company requested that the U.S. House of Representatives investigate "unlawful financial manipulation," CNBC reported.
Shares in the social-media platform's parent company, Trump Media and Technology Group (DJT), have fluctuated wildly since...
(Matthew Doarnberger, Headline USA) Fast-food restaurants across California have decreased their hiring of workers as part of the fallout from the state's $20-an-hour minimum-wage law that took effect April 1.
After Gov. Gavin Newsom signed the legislation into law last September, which applied to nearly all fast-food chains (with a...
(Mike Maharrey, Money Metals News Service) The Thai government wants to mitigate risk in its pension fund so it's turning to gold and oil.
Songpol Chevapanyaroj serves as the secretary general of Thailand's Government Pension Fund (GPF). He told the Bangkok Post that fund management has become more difficult due...
(Mike Maharrey, Money Metals News Service) Why is CNN suddenly highlighting an Austrian free-market economist? You can thank a Brazilian UFC fighter.
After a recent victory, a bruised and bloodied Renato Moicano gave a shoutout to Ludwig von Mises and the U.S. Constitution.
“I love America. I love the Constitution. I...
(Mike Maharrey, Money Metals News Service) If the hotter-than-expected March CPI data wasn't enough to convince you, there is more evidence that the "cooling inflation" we saw late last year was transitory.
The media tends to focus on the Consumer Price Index but the Federal Reserve's favorite inflation measure is...
(Mike Maharrey, Money Metals News Service) Could the movement of gold from West to East set the stage for a gold-backed currency?
Some analysts think that might be the case.
And if that is the direction the world is heading, it would be disastrous for the U.S. dollar.
The impact remains unclear, but...