Sunday, December 21, 2025

FINANCE

Trump Says Senate Should Scrap the Filibuster to End the Shutdown, An Idea Opposed by Republicans

(Headline USA) Back from a week abroad, President Donald Trump is calling on the Senate to scrap the filibuster and reopen the government after a monthlong shutdown, breaking with majority Republicans who have long opposed such a move. Trump said in a post on his social media site Thursday that...

FDA Says Drugmakers Have Recalled a Blood Pressure Medicine Tainted With a Cancer-Causing Chemical

(Headline USA) The U.S. Food and Drug Administration says drugmakers have recalled more than a half-million bottles of the blood pressure medication prazosin hydrochloride over concerns it may include a cancer-causing chemical. New Jersey-based Teva Pharmaceuticals USA and drugs distributor Amerisource Health Services issued voluntary nationwide recalls earlier this month...

WATCH: GOP May Have to Rewrite Govt Funding Bill as Shutdown Hits 1 Month Mark

(Thérèse Boudreaux, The Center Square) The ongoing government shutdown has dragged on for a month as Senate Democrats have blocked Republicans’ temporary funding bill more than a dozen times. With senators heading home for the weekend and no end to the shutdown in sight, Republicans may have to rewrite the...

Gold and Ghosts: A Halloween Horror Story

(Mike Maharrey, Money Metals News Service) Since today is Halloween, I have a spooky tale for you. People say you can hear a woman faintly screaming in the old Reed Gold Mine in Midland, N.C. Of course, there’s a back story. And it's as creepy as you might imagine. America's First Gold...

Gold Demand Surged to Record Level in Third Quarter

(Mike Maharrey, Money Metals News Service) Gold demand grew by 3 percent year-on-year in Q3, hitting 1,313 tonnes, the highest quarterly level in history. Third quarter demand was even more impressive in dollar terms, increasing by 44 percent to a record of $146 billion. Year-to-date, gold demand is up by 1...

Maduro Accuses CIA of False-Flag Plot as Warships Surround Venezuela

(José Niño, Headline USA) On Sunday, President Nicolás Maduro announced that Venezuela has captured alleged mercenaries with CIA ties, accusing the United States and Trinidad and Tobago of coordinating military exercises designed to provoke armed conflict in the Caribbean. In a statement from Vice President Delcy Rodríguez, the socialist government...

88-Year-Old Congresswoman is Exposed for Having 7 No-Show Jobs

(José Niño, Headline USA) Eleanor Holmes Norton, Washington D.C.'s 88-year-old congressional delegate, claims to sit on multiple boards at prestigious institutions, but investigations reveal she hasn't been active with them in years. Some of these positions no longer even exist according to a report by Luke Goldstein and Dan...

South Korea May Join Central Bank Gold-Buying Spree

(Mike Maharrey, Money Metals News Service) South Korea is considering jumping on the gold bandwagon and adding gold to its reserves. During a speech at an event hosted by the London Bullion Market Association and London Platinum and Palladium Market in Kyoto, Japan, Bank of Korea official Heung-Soon Jung said,...

Fed Cuts Rates, Ends Balance Sheet Reduction But Puts on a Hawkish Front

(Mike Maharrey, Money Metals News Service) The Powell put is on. The Federal Reserve chairman tried to sound like a hawk, but the central bank’s actions were those of a dove. For the second straight meeting, the Fed cut the federal funds rate by a quarter percent on Wednesday. In an...

Easy Money, Hard Metals, and the Fed’s Next Move

(Money Metals News Service) On a recent episode of Money Metals’ Midweek Memo podcast, host Mike Maharrey opens with a pointed analogy: calling a 3% CPI “good” because it beat a grim forecast is like celebrating “no cancer” while ignoring high cholesterol, hypertension, and pre-diabetes. The patient isn’t healthy;...

“Outrageous’: Lawmakers Bash Biden Admin for Targeting, Surveilling 156 Republicans

(Brett Rowland, The Center Square) The Federal Reserve cut interest rates by a quarter-point on Wednesday for the second time this year, not nearly as much as President Donald Trump wants the central bank to reduce rates. The move lowers the Fed's benchmark short-term interest rate to a range between...

Federal Reserve Cuts Key Interest Rate for Second Time This Year

(Brett Rowland, The Center Square) The Federal Reserve cut interest rates by a quarter-point on Wednesday for the second time this year, not nearly as much as President Donald Trump wants the central bank to reduce rates. The move lowers the Fed's benchmark short-term interest rate to a range between...
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