Saturday, May 2, 2026

FINANCE

San Francisco Sued Over Reparations Fund for Black Residents

(Chris Woodward, The Center Square) A lawsuit is challenging a San Francisco ordinance that establishes a reparations fund for Black residents. The ordinance, signed in December by San Francisco Mayor Daniel Lurie, a Democrat, is aimed at addressing systematic harms. Even so, the Pacific Legal Foundation said this is wrong. “The...

Commerce Secretary Acknowledges Meetings w/ Epstein, Contradicting Previous Claims

(Headline USA) Under questioning from Democrats on Tuesday, Commerce Secretary Howard Lutnick acknowledged that he had met with Jeffrey Epstein twice after the late financier's 2008 conviction for soliciting prostitution from a child, reversing Lutnick's previous claim that he had cut ties with him after 2005. Lutnick again downplayed his...

Former NYC Mayor Adams Fined $4,000 Over ‘Political Stunt’

(Chris Wade, The Center Square) Former New York City Mayor Eric Adams will pay thousands of dollars in fines for hosting a press conference where he used props to attack a political opponent.  The New York City Conflicts of Interest Board said Monday that Adams has agreed to a $4,000...

Report: U.S. Added Nearly $700 Billion to National Debt in Four Months

(Thérèse Boudreaux, The Center Square) The U.S. government added $696 billion to the national debt over the past four months, borrowing $94 billion in the month of January alone, the Congressional Budget Office reports. The number further heightens the risk that America will experience some kind of financial crisis unless...

Epstein Files Reveal 330 Gallon Sulfuric Acid Purchase on Same Day FBI Opened Sex Trafficking Probe

(José Niño, Headline USA) Newly released government documents show Jeffrey Epstein ordered 330 gallons of sulfuric acid for his private island on the same day federal investigators launched a sex trafficking case against him, according to records released under the Epstein Files Transparency Act, signed into law November 19,...

Canadian Bank Ups 2026 Gold Forecast to $6,000

(Mike Maharrey, Money Metals News Service) Despite the recent selloff, Canadian Imperial Bank of Commerce (CIBC) remains bullish, forecasting $6,000 gold and $100 silver in 2026. The Canadian bank significantly upped its gold price forecast from $4,500 in October. CIBC analysts extended their bullish forecast into 2027, projecting an average price of $6,500...

Demand for Gold in Tech and Industry Was Steady in 2025

(Mike Maharrey, Money Metals News Service) Fundamentally, gold is money, but it does have other practical uses, contrary to what some ignorant commentators might tell you. Gold demand in the tech and industrial sectors was generally flat at 222.8 tonnes in 2025. This was down about 1.5 percent from 226.2...

Nike Under Federal Investigation for Anti-White Discrimination

(José Niño, Headline USA)  The nation's top workplace discrimination watchdog made Nike its biggest corporate target yet in the Trump administration's sweeping campaign against corporate diversity programs, according to a report by The Wall Street Journal.  The Equal Employment Opportunity Commission announced last Wednesday that it opened an investigation into...

Boy Who Appeared in Bad Bunny’s Super Bowl Show is Not the 5-year-Old Detained by ICE in Minneapolis

(Headline USA) Social media users incorrectly identified a small boy who was part of Bad Bunny's Super Bowl halftime show on Sunday as Liam Conejo Ramos, the 5-year-old who, along with his father, was detained by immigration officials in Minnesota and held at an U.S. Immigration and Customs Enforcement...

Trial Against Meta in New Mexico Focuses on Dangers of Child Sexual Exploitation on Social Media

(Headline USA)   A trial focused on the dangers of child sexual exploitation on social media and whether Meta misrepresented the safety of its platforms began Monday in New Mexico with opening statements. It's the first stand-alone trial from state prosecutors in a stream of lawsuits against major social media...

Treasury Secretary Bessent’s Testimony Descends Into Insults and Shouting Matches

(Headline USA) A hearing about oversight of the U.S. financial system devolved into insults several times Wednesday as Treasury Secretary Scott Bessent clashed with Democratic lawmakers over fiscal policy, the business dealings of the Trump family and other issues. Bessent called Rep. Sylvia Garcia “confused” when she questioned how illegal...

US Holds Live-Fire War Games in Persian Gulf

(Kyle Anzalone, Libertarian Institute) US forces conducted live-fire military drills in the Persian Gulf. The exercise happened as President Donald Trump is threatening to attack Iran. “Last week, Navy Sailors from USS Santa Barbara participated in the exercise Killer Tomato, a live-fire maritime gunnery exercise conducted in the Central...
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