Thursday, January 22, 2026

FINANCE

‘Liars!!’ Cellular Carrier War Heats Up, Accusations Fly

(Mark E. Johnson, Contributor) When companies compete for your business, that’s a usually good thing. Service improves and prices goes down in an effort to win your dollar.  Unless, of course, they’re lying to you.  In between ads featuring cowboys driving pickup trucks and emus selling insurance, viewers of this weekend’s...

Chicago Ex-Mayor Lori Lightfoot Sued over $11K in Unpaid Credit Card Debt

(José Niño, Headline USA) Former Chicago Mayor Lori Lightfoot faces a lawsuit from JPMorgan Chase Bank over unpaid credit card debt exceeding $11,000. The bank served legal papers to Lightfoot at her $900,000 residence in October, according to a complaint reviewed by the Chicago Tribune. Court documents show Lightfoot's last...

Musk’s X Countersues Baby Mother St. Clair over AI Image Dispute

(Luis Cornelio, Headline USA) Elon Musk’s artificial intelligence company countersued one of his baby mothers Thursday after she accused the platform of enabling sexualized AI-generated images of her.  Filed Thursday in federal court in Texas, the lawsuit came after Ashley St. Clair sued xAI in New York, claiming social media users exploited the...

Silver to $500? Michael Oliver’s Breakout Warning

(Money Metals News Service) On a recent episode of the Money Metals podcast, host Mike Maharrey sat down with veteran market technician J. Michael Oliver, commonly referred to as simply Michael Oliver, to unpack why he believes silver is breaking out of a half-century “box” and entering a radically new...

Group Wants Records on Minnesota Child Care Assistance Program

(Hayley Feland, The Center Square) A Washington, D.C.–based oversight organization has formally asked the Minnesota Department of Children, Youth, and Families to provide internal records that relate to the state’s Child Care Assistance Program, citing concerns about fraud. On Jan. 13, Empower Oversight filed a request under the Minnesota Data...

US Seizes Sixth Venezuela-Linked Tanker

(Dave DeCamp, Antiwar.com) US forces have seized another oil tanker in the Caribbean, according to statements from the US military and US officials, as the Trump administration continues its blockade on Venezuela with the goal of controlling the country’s oil industry and exports. US Southern Command said that US Marines...

Exuberant Silver Investors on Hair Trigger, Susceptible to Overhype

(Joshua D Glawson, Money Metals News Service) A rumor has been circulating on social media that the U.S. Mint is PLUM OUT of silver... implying silver will soon become "unobtanium" across the board. The evidence loosely backing the claims is a notice on the U.S. Mint website, which is,...

US Surging Military Assets to Prepare for War With Iran

The US military is planning to surge military assets to the Middle East to prepare for a potential war with Iran

Report: DOJ Launched Federal Reserve Probe in Response to Central Bank’s Stonewalling

(Ken Silva, Headline USA) When Federal Reserve Char Jerome Powell announced Sunday that the Justice Department had served the central bank with subpoenas, he portrayed the DOJ’s actions as a “threat” intended to undermine the Fed’s independence when it comes to setting interest rates. But according to the Washington Post, the DOJ’s...

The Debt Black Hole Claims Another Victim

(Mike Maharrey, Money Metals News Service) The Debt Black Hole has claimed another victim. Saks Global Holdings, the parent company of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, recently filed for Chapter 11 bankruptcy. The company couldn’t dig itself out from under $2.5 billion in debt. This is a story illustrating how...

Debt Data Continues to Signal Deep Consumer Stress

(Mike Maharrey, Money Metals News Service) Consumer borrowing cratered further in November, likely reflecting growing consumer stress, as price inflation persists and credit cards become maxed out. That's bad news for a U.S. economy that depends on consumers buying stuff. Persistent price inflation forced Americans to blow through their savings...

U.S. Government Still Running Massive Deficit Despite Tariff Revenue

(Mike Maharrey, Money Metals News Service) Despite the influx of tariff revenue, the federal government continues to run a massive budget deficit. The December budget shortfall came in at $144.75 billion, a record for the month. That was 68 percent higher than December 2024. However, looking at just one month gives...
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