Thursday, October 16, 2025

FINANCE

Pentagon Still Funding Biden-era Fetal Research on Animals

(Luis Cornelio, Headline USA) The Pentagon is actively funding Biden-era grants that paid for experiments involving the implantation of aborted human babies into lab animals, according to the watchdog group White Coat Waste. WCW said the grants are worth millions of taxpayer dollars, with some beginning in 2022 and extending through...

No Progress on Government Shutdown, Jeopardizing Military Paychecks

(Thérèse Boudreaux, The Center Square) Democratic U.S. Senators voted against opening the federal government for a sixth time Wednesday afternoon, dimming hopes that Congress will reach a funding deal in time for thousands of federal workers to receive their next paychecks. It’s day eight of the partial government shutdown, the...

Billions in GDP Lost During First Week of Government Shutdown, Johnson Says

(Thérèse Boudreaux, The Center Square) As the federal government shutdown hits the one week mark, House Speaker Mike Johnson, R-La., is urging Democrats to vote for Republicans’ funding bill to prevent permanent damage to the U.S. economy. “Each week the shutdown continues, it will wipe out an estimated $15 billion...

Report: Hunter Biden Sought to Sell Land Near U.S. Embassy to the Chinese

(Luis Cornelio, Headline USA) Years after conservative outlets exposed Hunter Biden’s shady foreign business dealings, the New York Times has now acknowledged yet another case of potential corruption and conflict of interest — this time tied to Romania and the Chinese.  According to the Times, Biden was part of a venture that...

Unions Sue Trump over 100k H-1B Visa Fee

(The Center Square) - A coalition of employment unions filed a lawsuit to prevent the Trump administration from implementing efforts to charge a $100,000 fee for new H-1B worker petitions in the United States. On Sept. 19, President Trump signed a proclamation imposing a one-time $100,000 fee for foreign workers coming...

White House Says No Decision Yet on $2,000 Tariff Rebate Checks

(Brett Rowland, The Center Square) President Donald Trump and some GOP lawmakers have repeatedly floated the idea of sharing some of the government's tariff revenue with taxpayers, but the White House said no checks are in the mail. Trump said in an interview that he was considering sending Americans checks...

Biden Officials Suppressed CIA Report on Hunter’s Ukraine Dealings

(Luis Cornelio, Headline USA) Aides to then-Vice President Joe Biden shielded Hunter Biden from scrutiny by blocking the circulation of an intelligence report to policymakers about his controversial business dealings.  The February 2016 order was made directly by the official in charge of Biden’s Presidential Daily Brief, Just the News reported on Tuesday.   “I just spoke with VP/NSA and...

Wall Street’s Record-Breaking Rally Runs out of Steam as gold Tops $4,000 Per Ounce

Wall Street's record-breaking rally is running out of momentum on Tuesday after the price of gold topped $4,000 per ounce for the first time…

Billions in GDP Lost During First Week of Government Shutdown, Johnson Says

As the federal government shutdown hits the one week mark, House Speaker Mike Johnson, R-La., is urging Democrats to vote for Republicans’ funding bill to prevent permanent damage to the U.S. economy…

Seismic Shift: Morgan Stanley Recommends 60/20/20 Portfolio With 20% Allocated to Gold

(Mike Maharrey, Money Metals News Service) Is Wall Street starting to embrace gold? For years, mainstream investment gurus have steered clients away from gold. But with the yellow metal gaining more than 87 percent since January 2024, it’s getting hard to ignore the yellow metal. Morgan Stanley CIO Michael Wilson recently...

Gold Miners Are Outperforming AI Chip Stocks This Year

(Mike Maharrey, Money Metals News Service) There has been a lot of hype surrounding artificial intelligence, and AI stocks have helped propel the stock market to record highs. Meanwhile, gold stocks have quietly outperformed AI chip stocks. Based on the MSCI Gold Miners Index, gold stocks have gained around 135...

U.S. Has Given At Least $21.7 Billion to Israel Since War on Gaza Began

(Headline USA) The United States under the Biden and Trump administrations has provided at least $21.7 billion in military assistance to Israel since the start of the Gaza war two years ago, according to a new academic study published Tuesday, the second anniversary of the Oct. 7, 2023, Hamas attacks...
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