(Peter St Onge, Money Metals News Service) Forbes Magazine warns AI will set off “The Great Deflation Bomb.”
Will we be buying eggs for fractions of a penny, houses for a song?
The impact of Artificial Intelligence on the economy is heating up as AI begins to seep from its original killer...
(Casey Harper, The Center Square) President Joe Biden has nixed a federal union accountability website, despite his administration’s promises that it would be back.
Biden administration officials had previously said the site was simply being improved, but nearly all the accountability info from the site was removed and hasn't returned.
“Federal union...
(Mike Maharrey, Money Metals News Service) The economy appears to be plugging right along, but there are some foul currents running under the surface that should raise concern as we move into 2025.
Major retailers plan to close thousands of stores in the next year.
Analysts say “shifting spending patterns” and...
(Brett Rowland, The Center Square) Home prices could climb 2% in 2025 and an additional 2% in 2026, according to the latest forecast from the National Association of Realtors.
The group's economist, Lawrence Yun, projected the median U.S. home price would continue to increase in 2025, but at a slower...
(Bethany Blankley, The Center Square) A new report published by Sen. Rand Paul, R-Ky., highlights more than $1 trillion worth of taxpayer money spent on projects that he argues wastes and abuses taxpayer money.
Tucked in the annual "Festivus report" are three programs funded by federal agencies using millions of taxpayer...
(Ken Silva, Headline USA) The non-profit Campaign Legal Center filed a complaint with the Federal Election Commission earlier this month, alleging an illegal $1.4 million scheme to finance Democratic politicians through a dark-money operation.
The complaint, filed on Dec. 9 and reported on Thursday by The Intercept, focused on the liberal-leaning clothing...
(Mike Maharrey, Money Metals News Service) Why don’t I push for tax increases to address the massive budget deficits and the ever-growing national debt?
The answer is simple – Uncle Sam doesn’t have a revenue problem. He has a spending problem.
Did Tax Cuts Pillage the Treasury?
A reader posed the question...
(Jan Nieuwenhuijs, Money Metals News Service) While 99% of the media keeps staring at official data by the Chinese central bank (PBoC)—misleadingly stating it added 5 tonnes of gold in November following a supposed six-month pause—the PBoC’s "unreported" purchases in London accounted for a stunning 60 tonnes in September...
(Brien Lundin, Money Metals News Service) Gold is closing out an extraordinary year, one which marked the start of a new bull market.
More importantly, this bull market seems likely to go on much longer and much higher, thanks to a few fundamental forces and irreversible trends.
It’s been a helluva...
(Luis Cornelio, Headline USA) A former economic adviser to President Barack Obama has acknowledged that President-elect Donald Trump’s economic agenda resonated with many Americans during the 2024 election.
Robert Wolf, who served as a senior adviser under Obama and is currently a board member of the Obama Foundation, made this admission...
(Headline USA) A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel, leaving the decision to President Joe Biden, who opposes the deal.
The Committee on Foreign Investment...
(Ken Silva, Headline USA) Millions of U.S. companies might be busy over the holidays forking over their data to the Treasury Department, thanks to a last-minute ruling from the U.S. Court of Appeals for the Fifth Circuit.
The Fifth Circuit on Monday overturned a lower court’s injunction against a constitutionally...