economy
The New Frontier: Hard Money For The States
Key Takeaways Republican-led states are increasingly passing legislation to recognize gold and silver as legal tender, signaling a growing skepticism toward fiat currency. Central banks in emerging markets are aggressively diversifying into gold…
U.S. Economy Added 172,000 Jobs in May, Beating Expectations
The U.S. economy added jobs at a stronger-than-expected pace in May despite uncertainty surrounding the impact of ongoing conflict in the Middle East on the labor market. The Bureau of Labor Statistics reported Friday that employers added…
Extreme Division Leading US to “Civil Unrest” & “Financial Collapse,” Warns Ex-WH Economist
The increasing polarization and radicalization in American politics is leading the nation to civil unrest, financial collapse, and war, warned former White House economist and lawman Mike ter Maat in an explosive interview on Conversations That…
Markets, Mercy, and True Prudence
Pope Leo XIV’s encyclical Magnifica Humanitas thoughtfully speaks to one of the great anxieties of our moment: whether artificial intelligence, data platforms, robotics, and global capital will serve the human person or reduce us to a disposable…
Inflation Rises to 3.8% Making Life More Unaffordable for Families
Inflation skyrocketed in April to the highest rate in three years as the Iran war caused oil shortages and increased energy prices worldwide. The cost of goods and services rose 3.8% in April, compared to a year earlier, the U.S. Bureau of Labor…
Federal Appeals Court Temporarily Restores Trump’s 10% Global Tariff After Lower Court Ruling
President Donald Trump scored a temporary legal victory Tuesday after a federal appeals court stepped in to keep his administration’s sweeping 10% global tariff alive — at least for now. The U.S. Court of Appeals for the Federal Circuit issued…
Nuclear Debt Bomb: U.S. Debt Reaches Red Zone — 100% of GDP
For decades, there would be much talk among politicians about United States budget deficits (and the national debt). Yet this faded sometime after 2010, at the latest, after which our debt achieved elephant-in-the-room status. It’s perhaps just…
US Hiring Beats Expectations In April Despite Iran War Energy Concerns
The doom-and-gloom crowd got another surprise Friday. America’s labor market delivered a stronger-than-expected jobs report in April, signaling the economy may still have more resilience than critics predicted even as energy prices remain under…
Reports: Petrodollar Collapsing, Portending Global Reserve Currency Shift to Chinese Yuan
The United States is facing the collapse of the petrodollar that has propped up the American economy for the last half-century.Former Navy SEAL and podcaster Shawn Ryan warned that the war in Iran and ensuing closure of the Strait of Hormuz is a…
Gas prices fall for eighth straight day to $4.02 per gallon after recent spike
A bit of relief for drivers. The national average price for a gallon of regular gasoline fell for the eighth straight day Tuesday, landing at $4.022 per gallon, according to AAA. It’s the longest streak of declines since early winter — and a…