Saturday, November 8, 2025

FINANCE

Trump Administration Says SNAP will be Partially Funded in November

(Headline USA) President Donald Trump’s administration said Monday that it will partially fund SNAP after two judges issued rulings requiring it to keep the nation's largest food aid program running. The U.S. Department of Agriculture, which oversees the Supplemental Nutrition Assistance Program, had planned to freeze payments starting Nov. 1...

Venezuela’s Nobel Prize Winner Says US ‘Escalation’ Is Needed To Overthrow Maduro

(Dave DeCamp, Antiwar.com) Maria Corina Machado, the Venezuelan opposition leader who recently won the Nobel Peace Prize, said in an interview with Bloomberg that US military “escalation” is the only way to oust Venezuelan President Nicolas Maduro and confirmed that she is in contact with Trump administration officials. When asked...

Don’t Let the Precious Metals Bull Shake You Off

(Clint Siegner, Money Metals News Service) Investors have to manage their emotions and deal with surprises in order to succeed. This is particularly true for bullion investors, who can expect more than their share of volatility and unexpected price action. Gold and silver don’t enjoy genuine support on Wall Street...

Is the Fed About to Restart Quantitative Easing?

(Mike Maharrey, Money Metals News Service) While the rate cut got most of the attention, the Federal Reserve made another move during its October meeting that is arguably more consequential. The central bank announced it will end balance sheet reduction (quantitative tightening, or QT) in December. In practice, this means...

Is the Silver Bull Market Over?

(Mike Maharrey, Money Metals News Service) Silver has been on a wild roller coaster ride. Is the recent selloff a temporary correction or have we reached the end of the rally? While the supply displacement that pushed silver to a new record high has moderated somewhat, the underlying dynamics that have...

Congressional Perks: House Account Spending Jumped 21% in 2022

(Arthur Kane, The Center Square) Spending on U.S. House of Representatives office accounts increased by more than 85% over the past three decades but nearly half of that occurred since 2020, an investigation by The Center Square found. The Members' Representational Allowance (MRA) provides each of the 435 U.S. representatives...

Musk May Quit Tesla if Board Doesn’t Approve Pay Plan

(Ken Silva, Headline USA) Tesla’s annual meeting is on Thursday, and a lot is on the line—including, potentially, billionaire Elon Musk’s position as company CEO. Tesla shareholders are reportedly going to consider a plan that would give Musk nearly $1 trillion in stock, which would up his control of the...

DOJ Scuttled Money Laundering Investigation into Jeffrey Epstein

(Ken Silva, Headline USA) It’s been known for years that Jeffrey Epstein received what’s been widely described as a sweetheart plea deal for sex crimes against minors—receiving a 13-month sentence in 2008 and 2009, serving much of it on work release. On Friday, Bloomberg revealed that Epstein also escaped potential...

Ranchers Decry Beef Imports from Argentina, Expert Says Good Start

(Brett Rowland, The Center Square) Consumers feeling the pang of high beef prices at the grocery store may see some relief from a plan to import beef from Argentina but it's not likely to be much, according to an expert. Marc Busch is an expert on international trade policy and law. He's...

FBI Director Fires Aviation Official after Taking Heat for Gallivanting Around the Country

(Ken Silva, Headline USA) FBI Director Kashyap Patel has been taking criticism online for using an FBI Gulfstream jet to fly around the country for personal reasons, including hockey games, UFC fights and visits to his girlfriend in Tennessee. Patel is continuing to fly for private reasons amidst the government...

Feds Probing Black Lives Matter for Fraud

(Luis Cornelio, Headline USA) The Black Lives Matter organization is reportedly under federal investigation over allegations its leaders defrauded donors out of $90 million, most of which came after George Floyd died in 2020.  The group, formally known as the Black Lives Matter Global Network Foundation Inc., or BLMGNF, has faced mounting...

Seattle Mayor Pledges $8M to Replace Lapsed SNAP Benefits amid Federal Shutdown

(Spencer Pauley, The Center Square) Seattle Mayor Bruce Harrell has pledged up to $8 million in city funds – $4 million per month through 2025 – to offset the looming halt in federal Supplemental Nutritional Assistance Program, or SNAP, benefits triggered by a congressional funding impasse. A Senate vote to...
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