Wednesday, February 4, 2026

FINANCE

Take This Great CPI News With a Grain of Salt

(Mike Maharrey, Money Metals News Service) By all accounts, the June Consumer Price Index (CPI) report was great news, but you might want to take it with a grain of salt. This apparent victory over price inflation likely means the Fed will surrender to inflation.  This CPI report likely tees up...

ETF Gold Holdings Increase Globally for Second Straight Month

(Mike Maharrey, Money Metals News Service) Gold-backed exchange-traded funds (ETFs) reported net inflows of gold for the second straight month in June. With European funds leading the way, net gold holdings by ETFs globally increased by 17.5 tons last month.  May was the first month of positive flows into ETFs in...

Teachers Union Gets Taste of Its Own Medicine as Staff Strike Forces Conference Cancelation

(Molly Bruns, Headline USA) The nation's largest teachers union faced a strike of its own, in what was called an unprecedented event, according to Education Week. The strike disrupted National Education Association's annual conference in Philadelphia, and led President Joe Biden to cancel his planned appearance on Sunday in awkward solidarity with...

Target to Stop Accepting Personal Checks on July 15

(Headline USA) Target will no longer accept personal checks from shoppers as of July 15, another sign of how a once-ubiquitous payment method is going the way of outmoded objects like floppy disks and the Rolodex. The Minneapolis-based discounter confirmed the move in a statement to the Associated Press on...

Money Metals Midweek Memo Recap: Jerome Powell’s Testimony and Platinum’s Potential

(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey provides a comprehensive overview of Federal Reserve Chairman Jerome Powell's recent testimony and delves into the investment potential of platinum. Jerome Powell's Testimony: Market Movements and Rate Cuts Federal Reserve Chairman Jerome Powell's testimony...

Will Debt Sink the American Empire?

(Peter St. Onge, PhD. Money Metals News Service) "Will Debt Sink the American Empire? So asks the Wall Street Journal, in an uncharacteristically gloomy article for the bull market's paper of record. They kick off with the problem: America is "cruising" into an uncharted sea of federal debt, with a...

BLS Quietly Erases Thousands of Jobs From Past Reports

(Mike Maharrey, Money Metals News Service) If you believe the headlines, the employment situation in the U.S. is still solid. Maybe you shouldn't believe the headlines. They tend to bury the lead. We got the June jobs report from the Bureau of Labor Statistics (BLS) on Friday. The economy added...

Powell Preps for Interest-Rate Reductions as Dems Get Election Jitters

(Headline USA) The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony Tuesday to Congress, a shift in emphasis away from the Fed's single-minded fight against inflation of the past two years that suggests it is moving closer to...

Pentagon: Nukes Program Must Proceed, Despite 81% Budget Overshot

(Headline USA) The new Sentinel nuclear weapons program is 81% over budget and is now estimated to cost nearly $141 billion, but the Pentagon is moving forward with the program, saying that given the threats from China and Russia it does not have a choice. The Northrop Grumman Sentinel program...

Americans Back to Running Up Credit Card Debt in May

(Mike Maharrey, Money Metals News Service) After paying down credit card debt in April, American consumers went back to running up the plastic in May. But borrowing for big-ticket items remained sluggish, indicating consumers are still struggling to make ends meet in this inflationary environment.  Total consumer debt increased by...

Is It Time to Get Bullish on Platinum?

(Mike Maharrey, Money Metals News Service) Is now a good time to get bullish on platinum? I’ve written a lot about the fact that silver appears to be underpriced given both technical factors and the supply and demand dynamics. Platinum may be even more undervalued. The current platinum price is hovering...

Inspiring Financial Literacy: An Interview with ‘Tuttle Twins’ Creator Connor Boyack

(Money Metals News Service) In a recent Money Metals podcast, host Mike Maharrey sat down with Connor Boyack, the president of the Libertas Institute and the prolific author behind the Tuttle Twins series. This conversation aired during the Fourth of July weekend (Independence Day, July 4, 2024), a fitting backdrop...
- Advertisement -
- Advertisement -

Most Read

- Advertisement -
- Advertisement -