Monday, May 18, 2026

FINANCE

Epstein Worked as ‘Financial Bounty Hunter’ for U.S. Government, DOJ Files Say

(Ken Silva, Headline USA) Sex criminal Jeffrey Epstein worked as a “financial bounty hunter” for the U.S. government, according to a memo included in the “Epstein files”—the trove of roughly 3 million documents released about the deceased multimillionaire pursuant to congressional legislation. A financial bounty hunter refers to someone who...

Brazil Revokes Trump Official/Revolver News Founder’s Visa

(Headline USA) Brazil's President Luiz Inácio Lula da Silva said on Friday his government revoked the visa of a U.S. State Department official, calling it a reciprocal measure after Brazilian officials had their visas revoked in the United States last year. Lula's decision against Darren Beattie is tied to a...

U.S. Military Jet Goes Down Over Iraq; Incident Not Attributed to Hostile Fire

(Sarah-Roderick Fitch, The Center Square) A U.S. Air Force refueling jet involved in Operation Epic Fury has gone down over Iraq, according to U.S. Central Command. The KC-135 was flying over “friendly airspace” during the incident involving another aircraft, which CENTCOM claims wasn't attributed to hostile or friendly fire. The...

Epstein’s Longtime Accountant Testifies on His Wealth and Business Ties

(Headline USA) House lawmakers were digging into Jeffrey Epstein's sprawling financial portfolio on Wednesday as a committee deposed his former accountant and tried to understand his connections to some of the world's wealthiest men. Richard Kahn, who worked closely with Epstein for years and now serves as an executor of...

After a Holiday Surge, Consumer Borrowing Slowed in January Signaling Continued Consumer Stress

(Mike Maharrey, Money Metals News Service) Americans spent a lot of money on Christmas, and they put most of it on credit cards. Now, it appears consumers have put the plastic back in their wallets. Consumer debt grew at a much slower pace in January, returning to the pre-holiday trend...

Want Gold? Get a Duck!

(Mike Maharrey, Money Metals News Service) A Chinese duck, to be specific. A Chinese duck that lives near the Chenshui River in central China, to be even more specific. You’ve heard of the goose that laid the golden egg? Well, it’s got nothing on the duck. And the duck was real. No,...

Iran’s New Leader: Strait of Hormuz Will Remain Closed, Attacks to Continue

(Dave DeCamp, Antiwar.com) Ayatollah Mojtaba Khamenei, who replaced his slain father as the new supreme leader of Iran, issued his first statement on Thursday, where he said the Strait of Hormuz would remain closed and vowed Iranian attacks on US bases in the region would continue. “Certainly, the leverage of...

Democrats Tank DHS Funding Bill for Fourth Time

(Thérèse Boudreaux, The Center Square) U.S. Senate Democrats tanked the Department of Homeland Security funding bill for a fourth time Thursday, ensuring the department’s funding lapse will span at least a month. With three American citizens having died during protests against Immigrations and Customs Enforcement activities, Democrats say they will...

Report: Hospital Drug Prices Can Vary Up to 2,000X Across Country

(Andrew Rice, The Center Square) The price for the same prescription drug in different hospitals nationwide could have more than a $10,000 difference, according to a new report. A report from 3 Axis Advisors used publicly available hospital data to analyze the cost differential between the same generic prescription drugs...

U.S. Strikes Over 5,500 Targets in Iran

(Sarah Roderick-Fitch, The Center Square) As the conflict with Iran enters day 12, 50,000 service members remain deployed around the Middle East, while the U.S. has struck over 5,500 targets inside the Islamic Republic. During a press briefing at the Pentagon Tuesday morning, Secretary of War Pete Hegseth said it...

Oil Jumps to $100 Per Barrel and Stocks Sink Worldwide with No Clear End in Sight for the Iran War

(Headline USA) With no clear end in sight, the war with Iran is sending oil prices back to $100 per barrel, and stocks are sinking worldwide on Thursday. The S&P 500 fell 1.2% and is returning to big swings following a couple days of relative calm. The Dow Jones Industrial...

What’s Up With the Treasury Market? Why Is Gold the Last Safe-Haven Standing?

(Mike Maharrey, Money Metals News Service) Gold seems to be the last safe-haven standing. While one would expect U.S. Treasuries to get a boost from the geopolitical uncertainty inherent in a war, they have not. In fact, the 10-year Treasury yield has jumped from 3.96 percent the day before...
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