Monday, October 13, 2025

FINANCE

New York AG Letitia James Indicted on Fraud Charges

(Chris Wade, The Center Square) A federal grand jury in Virginia on Thursday indicted New York Attorney General Letitia James on mortgage fraud charges. U.S. Attorney for the Eastern District of Virginia Lindsey Halligan announced that a grand jury found enough evidence to charge James with bank fraud and making...

Diplomat Fired for Romantic Ties to Alleged Chinese Spy

The State Department said Wednesday that it has fired a U.S. diplomat over a romantic relationship he admitted having with a Chinese woman alleged to have ties to the Chinese Communist Party.

Illegal Alien Superintendent Funneled Cash to His Own Consulting Firm

Three months into his tenure leading Des Moines public schools, Ian Roberts asked the district's board for emergency approval of $116,000 in contract....

Gold ETFs Record Record Inflows in September

(Mike Maharrey, Money Metals News Service) Inflows of gold into ETFs set a record in the third quarter, driven by the largest September increase on record. This reflects Western investors finally getting off the sidelines and joining the gold bull market. Based on assets under management (AUM), flows of metal into...

Congressional Conflicts: Multi-millionaire Senator Blows Deadlines on Disclosing Stock Trades

One of Congress’ richest members has been the least likely recently to comply with a 2012 federal law on disclosing stock trades, an investigation by The Center Square found…

With Gold Over $4,000, Mainstream Analysts Scramble to Raise Price Forecasts

(Mike Maharrey, Money Metals News Service) With gold now over $4,000, mainstream analysts are scrambling to raise their gold forecasts. On Tuesday, Goldman Sachs upped its 2026 gold target to $4,900, citing demand driven by continued central bank buying and a surge of Western investment. The big investment bank previously called for...

Gold Breaks $4,000 as Wall Street’s “Conventional Wisdom” Starts to Crack

(Money Metals News Service) In this episode of the Money Metals Midweek Memo, host Mike Maharrey tackles a remarkable milestone in the gold market and a major shift in mainstream investing philosophy. Gold has surged past $4,000 an ounce, marking an 87% rally since early 2024. Meanwhile, the long-standing 60/40 portfolio...

Pentagon Still Funding Biden-era Fetal Research on Animals

(Luis Cornelio, Headline USA) The Pentagon is actively funding Biden-era grants that paid for experiments involving the implantation of aborted human babies into lab animals, according to the watchdog group White Coat Waste. WCW said the grants are worth millions of taxpayer dollars, with some beginning in 2022 and extending through...

No Progress on Government Shutdown, Jeopardizing Military Paychecks

(Thérèse Boudreaux, The Center Square) Democratic U.S. Senators voted against opening the federal government for a sixth time Wednesday afternoon, dimming hopes that Congress will reach a funding deal in time for thousands of federal workers to receive their next paychecks. It’s day eight of the partial government shutdown, the...

Billions in GDP Lost During First Week of Government Shutdown, Johnson Says

(Thérèse Boudreaux, The Center Square) As the federal government shutdown hits the one week mark, House Speaker Mike Johnson, R-La., is urging Democrats to vote for Republicans’ funding bill to prevent permanent damage to the U.S. economy. “Each week the shutdown continues, it will wipe out an estimated $15 billion...

Report: Hunter Biden Sought to Sell Land Near U.S. Embassy to the Chinese

(Luis Cornelio, Headline USA) Years after conservative outlets exposed Hunter Biden’s shady foreign business dealings, the New York Times has now acknowledged yet another case of potential corruption and conflict of interest — this time tied to Romania and the Chinese.  According to the Times, Biden was part of a venture that...

Unions Sue Trump over 100k H-1B Visa Fee

(The Center Square) - A coalition of employment unions filed a lawsuit to prevent the Trump administration from implementing efforts to charge a $100,000 fee for new H-1B worker petitions in the United States. On Sept. 19, President Trump signed a proclamation imposing a one-time $100,000 fee for foreign workers coming...
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