FINANCE

(Ben Sellers, Headline USA) After SpaceX’s record-breaking initial public offering on Friday officially turned company founder Elon Musk from the world’s wealthiest billionaire into its first trillionaire, supporters sought a correction from Rep. Alexandria Ocasio--Cortez, D-N.Y. over a recent attack on Musk. In March, the socialist ‘Squad’ leader derided the...

(Headline USA) Elon Musk may never colonize Mars as promised, but enough investors consider the SpaceX founder to be a sort of miracle man that they'll help him reach another fantastic goal Friday when he takes the rocket company public. The world's richest man is set to become its first trillionaire. Known...

(Luis Cornelio, Headline USA) Karmelo Anthony, the Texas man convicted of the murder of 17-year-old track star Austin Metcalf, is pleading with taxpayers to pay for his appeal attorney despite pocketing more than half a million in a controversial online fundraiser. In a court filing submitted after his conviction and 35-year...

(Ken Silva, Headline USA) Democratic fundraising giant ActBlue’s CEO, Regina Wallace-Jones, exercised her 5th Amendment right to remain silent more than 20 times during a contentious congressional hearing Wednesday. The Committee on House Administration comes as lawmakers investigate corruption allegations surrounding ActBlue, including the possible ‘knowing and willful’ acceptance of foreign...

(Randy Diamond, The Center Square) More than 10,000 applicants are vying for 15 rent-reduced apartments under a new Seattle affordable housing program funded by a city tax on workers who make more than $1 million a year. Amazon, Microsoft and other companies fought the tax, but voters approved it in...

(Headline USA) Bill Gates said Wednesday that he made a “grave error in judgment” by meeting with Jeffrey Epstein but denied any wrongdoing as the Microsoft co-founder faced hours of questioning from lawmakers about his relationship with the disgraced financier. In an opening statement provided to The Associated Press, Gates said...

(Luis Cornelio, Headline USA) The family of Karmelo Anthony can no longer raise money from supporters through GiveSendGo following the conclusion of his criminal case. The Anthonys were able to raise more than $600,000 in the wake of the then-17-year-old's prosecution in connection with the fatal stabbing of track star Austin...

(Brett Rowland, The Center Square) Social Security's retirement trust fund will be depleted in 2032, triggering an automatic 22% reduction in benefits for about 70 million Americans unless Congress acts, federal trustees warned Tuesday. Social Security paid $1.6 trillion in benefits to 70 million Americans in 2025. The program provides...

(Elyse Apel, The Center Square) Vice President JD Vance said the Department of Justice's Fraud Division will investigate allegations that Minnesota officials failed to stop widespread taxpayer-funded fraud. Vance said in a statement that it will be "criminal" investigations. “Minnesota state officials are not above the law, and if they facilitated fraud,...

(Mike Maharrey, Money Metals News Service) What do you do if you have a standard that’s not being met? Move the goalposts! Of course, you could work harder to meet the goal. But that’s hard. So, why not just change the standard and make it easier to meet? That seems to...

(Mike Maharrey, Money Metals News Service) Nominal interest rates are rising, putting significant price pressure on gold and silver. However, with price inflation heating up, it’s possible the real rates could fall, a bullish setup for precious metals. The rapid rise in oil prices juiced CPI to the highest level since...

(Luis Cornelio, Headline USA) Headline USA has obtained and is publishing letters sent to former Rep. Eric Swalwell by California campaign finance regulators as part of an active investigation into payments made to criminal defense attorney Sara Azari, whom he retained amid mounting allegations of sexual misconduct. While the California Post...