Thursday, August 14, 2025

FINANCE

Republicans Accuse Dems of ‘Obstruction,’ Delaying Passage of Govt Funding Bills

(Thérèse Boudreaux, The Center Square) Senate Republicans continue to hit roadblocks in their race to pass the 12 appropriations bills funding federal agencies for fiscal year 2026 by the Sept. 30 deadline. Although Republicans originally planned to craft and pass the government funding bills soon after the One Big Beautiful...

Union Pacific, Norfolk Southern to Create First Transcontinental Railroad

(Dan McCaleb, The Center Square) Union Pacific and Norfolk Southern plan to create America’s first transcontinental railroad through a merger, connecting over 50,000 route miles across 43 states from the East Coast to the West Coast, the companies announced Tuesday. The effort will link about 100 ports across North America,...

Hawley Proposes Tariff Rebate Checks for Working Americans

(Brett Rowland, The Center Square) U.S. Sen. Josh Hawley, R-Mo., introduced a bill Monday to send a tariff rebate check to every working American. President Donald Trump voiced support for this policy as recently as Monday morning when he discussed record-breaking tariff revenue. "Working people need relief now," Hawley wrote in...

How ‘Non-Profit’ Status Allows R&D Groups to Hire Unlimited Foreign Workers

(José Niño, Headline USA) Qualified non-profit organizations are allowed to bypass restrictions on hiring foreign workers. Research suggests that scientific groups are exploiting this loophole at the expense of the American labor force. Activist and U.S. Senate candidate Virgil Bierschwale has spotlighted one such non-profit, Battelle Memorial Institute, for allegedly...

Experts Call for Investigation into $86 Billion in Medicare Advantage ‘Ghost Benefits’

(Tom Joyce, The Center Square) As Congress debates how to rein in federal spending, some experts say aspects of Medicare Advantage should be on the chopping block, starting with $86 billion a year in taxpayer-funded supplemental benefits that often go unused or unverified. The federal government pays Medicare Advantage plans...

2021 Meme Reveals the Relentless Devaluation of Your Money

(Mike Maharrey, Money Metals News Service) I ran across a 2021 meme the other day that vividly illustrates just how quickly the government is destroying your money. The meme points out that in 1964, the minimum wage was $1.25, or five quarters. That sounds really low, but keep in mind...

Platinum Was the Top Commodity in H1

(Mike Maharrey, Money Metals News Service) Gold outperformed every major asset class in the first half of the year, but it wasn’t the top commodity. That honor goes to platinum. Platinum charted a 49.8 percent gain through H1, rising from around $900 an ounce in January to $1,360 at the end of...

Trump Seeks to Depose Rupert Murdoch in WSJ Lawsuit over Epstein Story

(Headline USA) President Donald Trump is asking a federal court in Florida to force Rupert Murdoch to give a deposition for the president's lawsuit against The Wall Street Journal within 15 days, citing the media mogul's age and physical condition. Trump sued the Journal, owned by Murdoch, in the U.S. District...

Congress Eyes Short-Term Govt Funding Stopgap as Appropriations Bills Stall

(Thérèse Boudreaux, The Center Square) With U.S. House members out for their August recess, senators are scrambling to advance at least some of the 12 annual appropriations bills to fund federal agencies in fiscal year 2026. Although Republicans originally planned to craft and pass the government funding bills soon after...

Florida’s “Transactional Gold” Debacle Highlights New Risks in Sound Money Movement

(Sound Money Defense League, Money Metals News Service) Money Metals' own Jp Cortez appeared on the popular VRIC Media YouTube channel this week alongside Peter Spina from Goldseek and host Jesse Day. Jp gives the latest on Sound Money Defense League’s and Money Metals' efforts to promote sound money reforms across America – but...

Pressing Questions Asked by Gold & Silver Investors… (Summer 2025)

(Money Metals News Service) We get lots of questions from the public about precious metals. Some people are curious about the basics. Others are skeptical about the case for owning gold and silver. Still, others are longtime customers who have highly specialized inquiries. Here are three very common questions... QUESTION: Do you think...

Serbia Plans to Hold All Its Gold in Country, Reflecting a Growing Gold Repatriation Trend

(Mike Maharrey, Money Metals News Service) The National Bank of Serbia recently announced that it will hold all its gold reserves within its own borders. Serbia holds 50.5 tonnes of gold, valued at roughly $6 billion. The country began repatriating its gold in 2021, “an environment of increased global uncertainty,” according...
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