Sunday, November 30, 2025

FINANCE

Democrat Congresswoman Charged for Stealing FEMA Funds

(Headline USA) In the summer of 2021, when the delta variant of COVID-19 was filling hospitals throughout the country, U.S. Rep. Sheila Cherfilus-McCormick was conspiring to steal $5 million in federal disaster funds that were meant to slow the spread of the pandemic, prosecutors allege. The Florida Democrat has been charged...

Poll: Just 21% of Americans Support Using the Military To Oust Venezuelan President Nicolas Maduro

(Dave DeCamp, Antiwar.com) A new Reuters/Ipsos poll has found just 21% of Americans support the idea of using the US military to oust Venezuelan President Nicolas Maduro, results that come amid a series of reports that the Trump administration is considering a regime change war in Venezuela. The results are...

Verizon is Cutting More Than 13,000 Jobs As It Works to ‘Reorient’ Entire Company

(Headline USA) Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The job cuts began on Thursday, per to a staff memo from Verizon CEO Dan Schulman. In the letter, which was seen by...

September Jobs Report Adds 119,000, Steady Unemployment

(Andrew Rice, The Center Square)  The delayed release of a September report on the labor market appeared to defy expectations. The report showed employers added 119,000 jobs in September, a number that outpaces some economists expectations. The report was delayed due to the federal government shutdown. The health care sector added...

As the 60/20/20 Portfolio Strategy Gains Traction; Gold Becoming a “Core Allocation”

(Mike Maharrey, Money Metals News Service) Last month, Morgan Stanley CIO Michael Wilson suggested a seismic shift in investment strategy when he recommended a 20 percent allocation to gold. It appears investors are starting to take this advice to heart. Historically, the conventional wisdom on Wall Street was a 60/40...

Gold Deposit Accounts Surge in Turkey as People Try to Cope With Runaway Inflation

(Mike Maharrey, Money Metals News Service) What do you do if the government is relentlessly devaluing your money? Save in gold. That’s exactly what people in Turkey are doing. According to data from the Banking Regulation and Supervision Agency (BDDK), gold deposit accounts in Turkish banks surged by 99.1 percent year-over-year...

Penny’s Funeral: How Easy Money Broke the Dollar

(Money Metals News Service) In this week’s episode of Money Metals’ Midweek Memo podcast, host Mike Maharrey argues that decades of artificially low interest rates and nearly $9 trillion in quantitative easing, combined with 713% CPI inflation since 1970, have warped investors’ sense of what is “normal.” He says these...

Ukrainian Military Says It Struck Targets Inside Russia Using US-Supplied ATACMS Missiles

(Dave DeCamp, Antiwar.com) The Ukrainian military said on Tuesday that its forces used US-provided ATACMS missiles in strikes on Russian territory, an attack that would require targeting data provided by the US. “The Armed Forces of Ukraine have successfully used ATACMS tactical missile systems to deliver a pinpoint strike on...

Israeli Lobby Pressuring Twitter/X to Squash Free Speech

(José Niño, Headline USA) Is the Israel Lobby preparing a coordinated campaign to pressure Elon Musk and bring Twitter/X back under tighter control of acceptable discourse? A recent article from Jewish Insider raises that question as it builds a case that Musk’s platform is fueling a rise in right...

U.S. Trade Deficit Drops 24% in August as Trump’s Tariffs Reduce Imports

(Headline USA) The U.S. trade deficit fell by nearly 24% in August as President Donald Trump's sweeping global tariffs pushed imports lower. In a report delayed for more than seven weeks by the federal government shutdown, the Commerce Department said Wednesday that the the gap between what the United States...

Labor Department Won’t Release Full October Jobs Report, a Casualty of the 43-Day Federal Shutdown

(Headline USA) The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn't calculate the unemployment rate and some other key numbers. Instead, it will release some of the October jobs data — most importantly...

House May Censure Plaskett Amid Epstein Texting Scandal

(Luis Cornelio, Headline USA) House Oversight Ranking Member Jamie Raskin, D-Md., came up with a bizarre defense for Del. Stacey Plaskett, D-V.I., after bombshell text messages showed she took cues from Jeffrey Epstein during an anti-Trump hearing in 2019.  Speaking on the House floor Tuesday, Raskin claimed the texts were nothing more than Plaskett communicating...
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