FINANCE

(Jim Talamonti, The Center Square) Although a recent report on financial red flags said Chicago is on a path toward insolvency, Wirepoints founder Mark Glennon says Chapter Nine bankruptcy might not work for the Windy City like it previously did in Detroit. Reason Foundation’s report on state and local government...

(Brett Rowland, The Center Square) The U.S. Department of Homeland Security had a budget of about $31 billion in its first full year of operation. For 2027, the Trump administration wants $118 billion. Created in 2003 in the wake of the Sept. 11, 2001, terror attacks by folding 22 agencies...

(Headline USA) Federal investigators examining why an Amazon cargo jet barreled off a runway at Miami International Airport and into vehicles, killing at least five people, are likely to focus on a crucial moment in the landing: whether the plane touched down too late to stop safely. Video of Sunday’s landing...

(Headline USA) An Amazon cargo plane barreled off a runway at Miami International Airport on Sunday, striking multiple vehicles and bursting into flames in a crash that sent thick black smoke billowing into the sky and forced the closure of all runways at one of the nation’s busiest airports. Five people...

(Headline USA) The U.S. labor market bounced back in August as employers added a surprising 162,000 jobs, ending a summer of lackluster hiring with a bang. The unemployment rate remained at a low 4.1%. Hiring far exceeded the 65,000 jobs that forecasters had expected, according to a poll by FactSet. Labor Department...

(Headline USA) Federal regulators are opening an investigation into whether Tesla’s new steering-wheel-free taxis comply with safety rules, a day after the company began offering rides in the vehicles. The National Highway Traffic Safety Administration said it was looking into whether Tesla was in full compliance with federal rules when it...

(Ken Silva, Headline USA) A former FBI lead electronics technician who illegally funneled at least $350,000 in government contracts to his sister’s companies has avoided prison. Instead, he and his sister both received probation and were fined $8,000 apiece. The former FBI technician, Jeffrey Spencer, and his sister, DOJ contractor...

(José Niño, Headline USA) Billionaire investor Leon Black skipped a sworn deposition before House investigators on Thursday and asked a federal judge instead to void the two subpoenas the Oversight Committee served on him in June.  His complaint landed in the U.S. District Court for the District of Columbia the...

(Money Metals News Service) In a recent Money Metals Podcast interview, host Mike Maharrey spoke with Brien Lundin, editor of The Gold Newsletter and CEO of the New Orleans Investment Conference, about the outlook for gold and silver amid swelling federal debt, rising Treasury yields, Federal Reserve policy, and what Lundin views...

(José Niño, Headline USA) Researcher Steven Camarota told lawmakers Tuesday that as many as 300,000 babies were born on American soil to visiting foreigners over the past 10 years, according to Breitbart. Camarota, who directs research at the Center for Immigration Studies, delivered the figures before a House Oversight...

(Mike Maharrey, Money Metals News Service) Despite some analysts claiming it’s a relic of the past, a recent study found the gold-silver ratio remains a relevant technical indicator and is still useful for forecasting the silver market's trajectory. The study was featured in the latest edition of the Silver Institute’s Silver News report, along...

(Mike Maharrey, Money Metals News Service) This is the perfect story that contrasts the value of real money – gold and silver – with the paper stuff your government tries to pass off as money. A Dutch homeowner digging in his backyard found more than 40 pounds of 1,000-year-old silver....