Friday, May 8, 2026

FINANCE

Pope Announces Resignation of US Bishop Accused of Embezzling $270K from California Parish

(Headline USA) The bishop of a small Chaldean Catholic community in the San Diego area has resigned amid charges that he embezzled $270,000 from his parish, Pope Leo XIV announced Tuesday. Bishop Emanuel Shaleta pleaded not guilty to 17 felony charges, including money laundering, during a hearing attended by many...

New Rule Allows Indian Equity Funds to Allocate 35% to Gold and Silver

(Mike Maharrey, Money Metals News Service) Rule changes announced by Indian regulators could further boost demand for precious metals in the country. India ranks as the world’s second-largest gold market behind China. It is also one of the top silver-consuming nations. Under the new regulations announced by the Securities and Exchange...

Could the Iran War Give a Long-Term Boost to Gold Bulls?

(Mike Maharrey, Money Metals News Service) Could the U.S./Israel war against Iran provide additional long-term support to the gold bull market? Analysts at Metals Focus think it might. Historically, wars have had little impact on the gold market beyond initial safe-haven buying. Typically, other factors, such as central bank monetary policy, come to...

Epstein Guard Googled Him Minutes Before Body Found

(José Niño, Headline USA) A federal correctional officer assigned to monitor Jeffrey Epstein conducted internet searches about the convicted sex offender just moments before his body was discovered and received thousands of dollars in cash deposits in the weeks preceding his death, newly released Justice Department documents show. Tova Noel...

FBI Seizes Arizona Voter Data in Apparent Probe over Election Fraud

(José Niño, Headline USA) Federal investigators have broadened their criminal inquiry into potential election irregularities by using a grand jury subpoena to quietly obtain a substantial collection of voting records from Arizona's largest county, according to multiple individuals with knowledge of the matter who spoke to Just the News. Sources...

Texodus: At least 12 Texas Members of Congress Won’t be Returning

(Bethany Blankley, The Center Square) Twelve members of Texas’ congressional delegation elected in 2024 won’t be returning to office next year. Eleven are incumbents; one is deceased. The number is expected to grow depending on the outcome of upcoming elections.  They represent nearly one-third of the Texas congressional delegation. Texas...

Citing ‘Inappropriate’ Relationship, Ohio State President Resigns

(David Beasley, The Center Square) The president of Ohio State University abruptly resigned over the weekend after revealing an "inappropriate” relationship with a woman trying to get public resources for a personal business, the university announced. Ted Carter Jr. had been president for two years. “For personal reasons, I have made...

Black Rain Falls on Tehran After US-Israeli Strikes Blow Up Oil Infrastructure

(Dave DeCamp, Antiwar.com) Black smoke filled the skies, and water mixed with oil rained down on the Iranian capital of Tehran on Sunday, following a US-Israeli strike that blew up oil facilities, marking a new escalation of the bombing campaign. https://twitter.com/tparsi/status/2030637994055532854?s=20 The Israeli military said on Saturday that it struck “several...

Men Who Brought Explosives to NYC Protest Cited Islamic State as Inspiration, Complaint Says

(Headline USA) Two men who brought explosives to a far-right protest outside New York City's mayoral mansion said they were inspired by the Islamic State extremist group, a court complaint said. Emir Balat and Ibrahim Kayumi were being held without bail after a court appearance Monday on charges that include...

Silver Demand Expected to Outstrip Supply and Other Silver News

(Mike Maharrey, Money Metals News Service) The global silver market is expected to run another structural deficit in 2026 as silver investment remains strong. This was one of several articles featured in the Silver Institute’s most recent Silver News report. According to the Silver Institute, the underlying factors that drove silver to over...

Iran War Creates Disruptions in Gold Market

(Mike Maharrey, Money Metals News Service) The war in Iran is already creating significant logistical disruptions to the gold market. With its airspace closed and many flights grounded, gold stuck in Dubai is being sold at a discount. The United Arab Emirates ranks among the world's top gold refiners and bullion...

Oil Blasts Through $100 as Iran War Escalates

(Headline USA) Oil prices have eclipsed $100 per barrel for the first time in more than three and a half years as the Iran war hinders production and shipping in the Middle East. The price for a barrel of Brent crude, the international standard, was at $101.19 shortly after trading resumed...
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