Saturday, October 18, 2025

FINANCE

Dems Hop on Anti-Woke Bandwagon after Cracker Barrel Backlash

(Ben Sellers, Headline USA) As comfort-food restaurant Cracker Barrel continues its long-running mission to become the next Bud Light under “girlboss” CEO Julie Felss Masino, Democrats are pouncing on the opportunity for a rebrand of their own. https://twitter.com/TheDemocrats/status/1958659652708716776 “We think the Cracker Barrel rebrand sucks too,” the party posted on an...

Jeffrey Epstein Helped Start the Clinton Foundation, Maxwell Says

(Ken Silva, Headline USA) Convicted sex trafficker Ghislaine Maxwell told the Justice Department last month that she and her accomplice, Jeffrey Epstein, helped start the Clinton Global Initiative—the conduit allegedly used by Hillary Clinton to trade political favors for monetary donations. Maxwell revealed Epstein’s ties to the Clinton Foundation when...

Dow Hits Record High after Fed Chair Hints at September Rate Cuts

(Morgan Sweeney, The Center Square) The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair Jerome Powell hinted that the Fed may soon lower interest rates. The Dow climbed 846 points, or 1.89%, from Thursday’s close to an all-time...

Chinese Analysts Worry About Exposure to U.S. Debt

(Mike Maharrey, Money Metals News Service) Chinese analysts recently expressed concern about the sustainability of the U.S. government’s borrowing and spending, suggesting that the country should further limit its exposure to U.S. debt. In an article published by China Money, a publication overseen by the Chinese central bank, researchers from the...

Evidence Shows Silver and Gold Were Used Much Earlier Than Originally Thought

(Mike Maharrey, Money Metals News Service) We know that people have valued gold and silver for thousands of years, but new evidence reveals that people were using the metals in a much more sophisticated way earlier than originally thought. French researchers have found the oldest known indirect evidence of gold...

Report Warns U.S. National Debt Predicted to Pass $53 Trillion by 2035

(Thérèse Boudreaux, The Center Square) By fiscal year 2035, the national debt is set to surpass $53 trillion, or 120% of the nation’s Gross Domestic Product, according to a new estimate by the Committee for a Responsible Federal Budget. The updated number – which CRFB reached by assuming that all...

L for Letitia: Appeals Court Overturns $550M Fine Imposed on Trump

(Headline USA) A New York appeals court on Thursday threw out the massive financial penalty a state judge imposed on President Donald Trump, while narrowly upholding a finding that he overinflated his property values to obtain loans—even though Trump repaid those loans and even though the banks never complained. The ruling...

UBS Raises Its Gold Price Forecast Projecting New Record Highs

(Mike Maharrey, Money Metals News Service) Earlier this month, Citi raised its gold forecast. Another big bank, UBS, has now followed suit. The Swiss investment bank nudged its Q1 2026 forecast gold price by $100 to $3,600 an ounce. This would mean new record highs over the next six months or...

July Corporate Bankruptcies Hit Highest Level Since 2010

(Mike Maharrey, Money Metals News Service) Corporate bankruptcies hit a 14-year high in 2024, and the pace continued through the first seven months of 2025. This should throw cold water on those who imagine the U.S. economy is booming, and it underscores the Catch-22 facing the Federal Reserve as it wrestles with...

Tulsi Gabbard to Cut $700M from ODNI after Exposing Obama-Era Corruption

(Luis Cornelio, Headline USA) After releasing bombshell evidence of misconduct in the intelligence community, Director of National Intelligence Tulsi Gabbard announced a sweeping plan to strip down and rebuild the agency. Gabbard said Wednesday the Trump administration is launching “ODNI 2.0” to slash staff by 40 percent and save tax payers...

Report: Eric Adams Once Handed a Reporter a Potato Chip Bag w/ Cash Inside

(Headline USA) A longtime adviser to New York City Mayor Eric Adams who resigned from his administration while under FBI scrutiny gave a reporter a potato chip bag filled with cash Wednesday following a campaign event, a gift her lawyer later insisted wasn’t an attempted bribe. The local news site The...

Inflation, Currency Debasement, and the Illusion of Stability

(Money Metals News Service) In this week’s episode of the Money Metals Midweek Memo, host Mike Maharrey explored the parallels between Iran’s recent currency redenomination and the United States’ long history of monetary debasement. The discussion connected historic and current events to show how inflation is not only persistent but...
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