Thursday, August 14, 2025

FINANCE

French President Sues Candace Owens to Prove Wife Isn’t a Man

(Luis Cornelio, Headline USA) French President Emmanuel Macron and his wife, Brigitte Macron, on Wednesday filed a longshot 22-count defamation lawsuit against popular podcaster Candace Owens in a Delaware court.  The lawsuit aims to squash online rumors claiming Brigitte was born a biological man. However, Owens doubled down on her claims...

Trump Scores $36M from CBS for Doctoring Kamala Interview

(Luis Cornelio, Headline USA) President Donald Trump said Tuesday that CBS News’s parent company, Paramount, agreed to pay him $36 million over 60 Minutes’ deceptively edited interview of Kamala Harris, the twice-failed presidential candidate, weeks before the 2024 election.  In a Truth Social post, Trump said Paramount has already paid $16 million, with...

Fiscal Fallout: How Washington Medicaid Spending Quintupled Over a Decade

(TJ Martinell, The Center Square) Washington state’s Medicaid spending has quintupled, or increased five times over, since the 2013-15 biennium, according to an analysis by The Center Square. Along with that increased spending, the number of those on Medicaid has climbed, though some health care experts note that despite this...

400 Ph.D. Economists vs. One Shiny Rock

(Jp Cortez, Money Metals News Service) On Monday, Treasury Secretary Scott Bessent called for a full review of the Federal Reserve system. He said on CNBC’s Squawk Box, “I think what we need to do is examine the entire Federal Reserve institution and whether they have been successful.” It’s a completely...

Maryland and Washington State Impose Sales Taxes on Gold and Silver Bullion

(Mike Maharrey, Money Metals News Service) Over the last few years, several states have exempted gold and silver bullion from sales taxes, but during the 2025 legislative session, two went the opposite direction. Bill passed in Maryland and Washington State imposed sales taxes on bullion, effectively levying a tax on...

Watchdogs: BlackRock Still Boycotts Texas Energy Despite Being Removed from ESG List

(Tom Joyce, The Center Square) A new report says BlackRock, the world’s largest investment firm, is still acting against fossil fuel companies in violation of Texas law, even though the company was recently removed from the state’s boycott list. Texas passed a law in 2021 called Senate Bill 13. It’s aimed at...

Bottom’s Up?

(Brien Lundin, Money Metals News Service) After a couple of weeks away from the markets on a much-needed vacation, I spent last week furiously digging into the metals markets to see if I had missed anything. I didn’t. In fact, the metals, aside from some periodic excitement in silver, had been performing...

Gold Outperformed Every Major Asset Class in H1

(Mike Maharrey, Money Metals News Service) Gold was up nearly 26 percent through the first six months of 2025, ranking as the top-performing asset class. This booming performance continued the momentum built in 2024 when gold surged by 26.5 percent. After recording 40 all-time highs in 2024, gold set another 26 all-time highs through the...

Big Bank Note Highlights Accelerating Global De-Dollarization

(Mike Maharrey, Money Metals News Service) I’ve been talking about the de-dollarization trend for several years. Now, some of the world’s big financial players are starting to take notice. In a recent note, JPMorgan Chase highlighted the de-dollarization trend, pointing out that dollar reserves have dipped to a 2-decade low below 60 percent. Total holdings...

Only 6 Reps Vote to Cut $500 Million in Military Aid to Israel

(Kyle Anzalone, Libertarian Institute) An amendment that would have cut $500 million in military aid to Israel failed in the House. Tel Aviv is conducting a genocide that is largely funded by Washington. The amendment was introduced by Rep. Marjorie Taylor Greene (R-GA), who argued that Israel should receive less...

Democrats Seek Federal Ban on Price Gouging amid Tariff Rollout

(Brett Rowland, The Center Square) Democrats are pushing a bill prohibiting price gouging at the federal level and giving the Federal Trade Commission another $1 billion and new tools to go after companies charging "grossly excessive" prices. Democrats say such protections are needed as President Donald Trump rolls out higher...

NPR’s Turbo-Liberal CEO Begs for Cash after Trump Cuts

(Luis Cornelio, Headline USA) NPR CEO Katherine Maher launched a desperate fundraising campaign on Friday, just hours after Congress passed President Donald Trump’s rescission package, which stripped more than $1 billion in taxpayer funding from leftist outlets NPR and PBS.  The fundraising plea was puzzling, considering that NPR has long claimed...
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