Friday, October 17, 2025

FINANCE

CBO: Mounting Debt Could Slow Growth, Pose ‘Significant Risks’

(Brett Rowland, The Center Square) The Congressional Budget Office's newest projects underscore the nation's unsustainable spending plans as Republicans look to extend President Donald Trump's 2017 tax cuts. The CBO said U.S. debt held by the public is on track to reach its highest level ever in 2029 before reaching...

Venmo Voyeurism: Mike Waltz’s App Reveals Journalist Contacts

(José Niño, Headline USA) National security adviser Michael Waltz continues to face scrutiny after he included Jeffrey Goldberg, the editor-in-chief of The Atlantic, in a Signal chat where war plans about bombing Yemen were being discussed.  On Wednesday, it was revealed that his Venmo friend list was publicly accessible until...

As Gold Breaks Out Why Is Platinum Watching From the Sidelines?

(Mike Maharrey, Money Metals News Service) Gold has broken above $3,000 and appears poised to push even higher. So far, platinum has not followed gold’s lead but seems to be watching from the sidelines. What is causing this divergence? Over the last two years, platinum has shown a moderate correlation with...

The Fed’s Silent Surrender: Easy Money Returns as Crisis Looms

(Money Metals News Service) In this week’s episode of the Money Metals Midweek Memo, host Mike Maharrey issued a stark warning about the state of the U.S. economy, monetary policy, and the Federal Reserve’s quiet but significant moves. Maharrey argued that the economy is addicted to easy money, comparing it to...

Ex-Federal Reserve Official Sentenced to 2 Years in Prison for Insider Trading

(Ken Silva, Headline USA) A former official for the Federal Reserve Bank of Richmond was sentenced on Tuesday to 24 months imprisonment for misappropriating internal Fed information to engage in insider trading. The defendant, Robert Brian Thompson, 43, of Mosley, worked as a bank examiner and senior manager with supervisory...

DOGE Claims a 9-Month Old Baby Received $100k Small Business Loan

(Maire Clayton, Headline USA) President Donald Trump and his administration revealed more ways the government was wasting money in a Monday meeting. The Department of Government Efficiency found that millions of dollars in loans were being given to children. “One case of fraud was with the Small Business Administration, where they...

Copper Is Breaking Out

(Jesse Colombo, Money Metals News Service) Copper broke out to a new all-time high yesterday, signaling the start of a powerful bull market—one that’s likely to unfold as part of a broader, long-term commodities supercycle. Of course, I’ve been bullish on copper for several months. My view was that copper...

Kentucky Governor Vetoes Gold Bill, Legislature Expected to Override

(Sound Money Defense League, Money Metals News Service) Slapping small-time savers in the face for the second time in 12 months, Kentucky Gov. Andy Beshear has again vetoed a bill that would end sales taxes on purchases of precious metals. House Bill 2, introduced by Rep. TJ Roberts, enjoyed overwhelming...

Trump Vows Punitive 25% Tariff on Venezuelan Oil Buyers

(Headline USA) President Donald Trump announced on Monday plans to impose a 25% tariff on all imports from countries purchasing oil or gas from Venezuela, in addition to new tariffs directly targeting the South American nation itself. In a statement posted on Truth Social, Trump described Venezuela as “very hostile”...

The Fed Posted Another Big Operating Loss in 2024 and It’s Ultimately Your Problem

(Mike Maharrey, Money Metals News Service) The Federal Reserve lost $77.6 billion in 2024. And by the way, a Fed loss is ultimately your loss. The central bank began bleeding red in late 2022. In 2023, it reported an operating loss of $114 billion. On top of its operating loss, the...

Lawmakers Face Deadline to Raise Debt Ceiling or Default on $36 Trillion Debt

(Thérèse Boudreaux, The Center Square) – Unless Congress suspends or raises the debt ceiling soon, the U.S. government could default on its $36.2 trillion debt by mid-July, according to the newest debt limit analysis. The Bipartisan Policy Center, which published the analysis Monday, projects the “X Date” will occur somewhere...

‘Snow White’ Star Wishes Harm to MAGA, then is Shocked when Woke Film Flops

(Luis Cornelio, Headline USA) Disney’s live-action remake of Snow White appears poised to rank among the studio’s worst-performing films in recent years, according to box office numbers reviewed by the Daily Mail.  Starring actress-turned-leftist activist Rachel Zegler, the movie has earned just $3.5 million in Thursday previews and is expected to bring in...
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