FINANCE

(Dave DeCamp, Antiwar.com) Secretary of State Marco Rubio told reporters on Thursday that the chances of reaching an “agreement that’s peaceful” with Cuba are “not high,” comments that come after the US indicted a former Cuban president, setting up a pretext for a potential attack. “They’re not going to be...

(Headline USA) Florida's attorney general on Tuesday opened a rare criminal investigation into OpenAI's ChatGPT over whether the artificial intelligence app offered advice to a gunman who killed two people and wounded six others last year at Florida State University. Attorney General James Uthmeier said that prosecutors had done an...

(Headline USA) The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as the leader of the social media platform after a stock collapse that wiped out billions in investor wealth. Devin Nunes, a former California congressmen in Donald Trump's first term,...

(Headline USA) President Donald Trump called off a signing ceremony Thursday for a new order on artificial intelligence because he worried it could dull America’s edge on AI technology. Trump said he was postponing the signing because he did not like what he saw in the order’s text. He announced...

(Money Metals News Service) U.S. Senators Jim Risch (R-ID) and Catherine Cortez Masto (D-NV) today introduced the bipartisan “System Integrity through Licensed Vault Expansion and Resilience Act” (SILVER Act), designed to derisk, modernize, and strengthen America’s precious metals market infrastructure by encouraging greater geographic diversification of approved precious metals...

(Mike Maharrey, Money Metals News Service) There is a lot of talk about whether the Federal Reserve should raise interest rates, but in fact, the market is hiking rates with or without central bank cooperation. Treasury yields have crept relentlessly higher over the last several months, signaling significant stress in...

(Mike Maharrey, Money Metals News Service) A new Hong Kong-based gold-clearing system will launch in July as part of the Chinese Special Administrative Region’s (HKSAR) push to become a global gold trading hub. Western markets – London, New York, and Switzerland – have dominated the gold trade for nearly two...

(Headline USA) Kamala Harris “wrote off rural America" during the 2024 presidential campaign and failed to attack Donald Trump with sufficient “negative firepower," according to a long-awaited post-election autopsy released on Thursday by the Democratic National Committee. The committee's chair, Ken Martin, shared the 192-page report only after facing intense...

(Money Metals News Service) Mike Maharrey opened this Midweek Memo with a different format: an unscripted “Ask Mike Anything” episode recorded ahead of travel. Instead of a prepared monologue, he answered listener questions on sound money, precious metals, inflation, AI, Federal Reserve policy, and even his longevity as a...

(Headline USA) Federal prosecutors on Wednesday announced charges against former Cuban President Raúl Castro in the 1996 downing of civilian planes operated by Miami-based exiles as the Trump administration escalated pressure on the socialist government. The indictment was related to Castro’s alleged role in the shootdown of two small planes...

(Michael Carroll, The Center Square) Six former Spirit Airlines employees, including five Florida residents, have filed a class-action lawsuit alleging that the Florida company’s worker layoffs violate a federal law mandating a 60-day notice prior to such terminations. The laid-off employees filed the litigation May 12 in the federal bankruptcy...

(Thérèse Boudreaux, The Center Square) In a remarkable rebuke of the Trump administration's mission against Iran, the U.S. Senate narrowly advanced a War Powers Resolution when a handful of Republicans joined Democrats in a 50-47 vote. Sens. Rand Paul, R-Ky.; Susan Collins, R-Maine; Lisa Murkowski, R-Alaska; and Bill Cassidy, R-La.,...