FINANCE

What Is the PCE and Why Is It the Fed’s Favorite Inflation Gauge?

(Mike Maharrey, Money Metals News Service) When we talk about inflation, we usually focus on the Consumer Price Index (CPI). However, the Federal Reserve’s “preferred” inflation measure is the Personal Consumption Expenditure (PCE) index. What’s the difference and why does the Fed prefer the PCE? The two price inflation measures...

Trump Says a Migrant Invasion Would Follow a Democrat Victory in Midterms

(José Niño, Headline USA) President Donald Trump held up the breakdown along Spain's frontier with Morocco as a preview of what awaits American voters if Democrats take back power, according to a report by Ben Whedon of Just the News. Illegal aliens have flooded the Spanish exclave of Ceuta over...

Feds Charge Four Foreigners Who Voted in New Jersey Elections

(José Niño, Headline USA) Federal prosecutors have brought criminal charges against four foreign nationals who cast ballots in New Jersey elections, and the Department of Homeland Security is now spotlighting the cases as evidence of a broader problem, according to a report by John Binder of Breitbart News. DHS announced...

Trump Stands Behind Miller Despite Moreno’s Allegations, Call for Resignation

(David Beasley, The Center Square) President Donald Trump on Monday did not call on an Ohio Republican Congressman to resign his seat even though the congressman’s former father-in-law – a Republican U.S. senator from Ohio – had done just over the weekend. The congressman, U.S Rep. Max Miller is divorced...

US Central Command Looks for ‘New’ Ways To ‘Punish’ Iran as Trump Fails To Force Capitulation

(Dave DeCamp, Antiwar.com) A senior US military officer has asked analysts to come up with “new” ways to “punish” Iran, CNN has reported, as President Donald Trump’s war and recent airstrikes have failed to force the country into capitulation. “We are looking for new creative and unconventional ways to pressure...

Kay Granger, First Republican Woman from Texas to Serve in the House, Has Died at Age 83

(Headline USA) Kay Granger, the first Republican woman from Texas to be elected to the U.S. House of Representatives and who served for nearly three decades, died Sunday at the age of 83, her son J.D. Granger said. House Speaker Mike Johnson said in a post on X that throughout...

Michigan Reports the First 2 US deaths Related to a Diarrhea-Causing Parasite

(Headline USA) Two people have died in the cyclospora outbreak in Michigan, state health officials announced Monday, the first deaths confirmed in the United States related to the microscopic parasite. The Michigan Department of Health and Human Services said both people had underlying health conditions that may have been impacted...

A Federal Judge Lets DHS Proceed with a Border Wall Through a Small Texas Town’s Levee System

(Headline USA) A federal judge is allowing the Department of Homeland Security to go ahead for now with plans to build a border wall through a levee system protecting a small Texas town on the border with Mexico, rejecting arguments by the town that the wall could lead to...

De-Dollarization Alert: China Set to Launch Alternative Global Payment System

(Mike Maharrey, Money Metals News Service) In another move that could speed up de-dollarization, China is set to launch a payment system using digital currency. According to the Financial Times, the move could “reshape cross-border transactions, reduce reliance on the dollar, and draw Beijing closer to its ‘Belt and Road’ trading partners.” People...

Foreign Drunk Drivers Lose Visas Under Trump Crackdown

(José Niño, Headline USA) Foreign nationals who get arrested for driving drunk on American roads are now losing their visas, according to a report by John Binder of Breitbart News. The State Department unveiled the policy this week and framed it around protecting the public. “The Trump Administration is keeping...

Yield Curve Twist Reveals Markets Losing Confidence in Fed’s Commitment to Slaying Inflation

(Mike Maharrey, Money Metals News Service) If you have a choice between believing the audio or the video, believe the video. In other words, trust what you see if it’s different than what you hear. Since Kevin Warsh stepped into his new role as chairman of the Federal Reserve, he’s been...

DOJ Rescinds Weaponization Fund in Exchange for Blanche Support

(Headline USA) Acting Attorney General Todd Blanche has issued a formal order terminating President Donald Trump’s $1.8 billion “anti-weaponization fund” to compensate conservatives persecuted during the Biden administration---a move that follows weeks of negotiations with two Republican senators who were blocking his nomination to become attorney general. A spokeswoman for Texas...
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