Silver Price Outlook: XAG/USD climbs to $47.00 as US Government shutdown approaches
Silver maintains its upward trend, influenced by the weakening US dollar, reaching a four-year peak at $47.00. Investor unease about a potential US government shutdown is further driving up demand for precious metals. XAG/USD is currently at an overbought level after climbing about 7% in just three days. On Monday, silver (XAG/USD) continues its ascent, […]
Lawmakers hold firm as the shutdown deadline approaches
On Sunday, lawmakers from both parties stood firm on their positions regarding government funding as they prepared for a meeting with President Trump and Congressional leaders, aiming to prevent a shutdown this week. During various interviews on political shows, both Republican and Democrat leaders pointed to the expiration of healthcare subsidies at the year’s end […]
Trump to meet with leaders from both parties on Monday as a shutdown approaches
Trump to Meet with Congressional Leaders Amid Shutdown Concerns President Donald Trump is set to meet with leaders from both the Republican and Democratic parties on Monday, as concerns about a potential government shutdown loom large. This meeting comes in the wake of Trump canceling a prior meeting with Democratic leaders last week. The Democrats […]
Preview of Sunday programs: Comey indictment takes center stage in Washington as shutdown deadline approaches
Former FBI Director James Comey has been indicted on two counts, a news event that has captivated Washington and seems to please President Trump and his supporters. The charges stem from Comey’s testimony in 2020 during the Senate’s investigation into alleged links between Trump’s 2016 campaign and Russia. Trump had previously labeled Comey’s efforts as […]
NBC News lets go of employees who backed MSNBC as the spinoff approaches.
Recent reports indicate that NBC News staff, responsible for providing graphics support to both MSNBC and a division of their corporate parent Comcast, have been laid off ahead of a spin-off involving MSNBC. A new entity named Versant is set to take over MSNBC, and currently, fewer than 12 staff members remain, with approximately 30 […]
Holds up from the IRS slow down electric vehicle sales as tax credit deadline approaches, say car dealers.
IRS Delays Impact EV Sales Amid Upcoming Tax Credit Expiration On April 30, 2025, reports have surfaced that the Internal Revenue Service (IRS) has been slow to approve and disburse federal tax credits for electric vehicles (EVs), which is causing significant issues for car dealers and affecting EV sales just as these credits are about […]
US Dollar Index sees slight increases approaching 98.50 as US PCE inflation data approaches
The US Dollar Index is expected to be around 98.40 during early Asian sessions on Friday. The second quarter saw a 3.8% growth rate in the US economy, with initial unemployment claims dropping to 218,000 last week. The August PCE inflation report will be a key focus later on Friday. The US Dollar Index (DXY), […]
Eric Adams complains about his struggling campaign and biased media as the NYC mayoral election approaches
Mayor Adams Discusses Campaign Struggles Mayor Eric Adams has defended his recent decision to step back from campaigning, framing it as part of a broader strategy to maintain control of City Hall ahead of the upcoming election in 40 days. “We need money!” he exclaimed during an appearance on “The Breakfast Club” on Power 101.5 […]
Anthem voices concerns publicly as the deadline for the Northern Light contract approaches.
Maine’s Major Insurance Company and Healthcare System Clash Ahead of Contract Expiry Maine’s largest insurance provider has made new accusations against one of the state’s prominent healthcare systems, just one week before their existing contract runs out. Anthem Blue Cross and Blue Shield and Northern Light Health have been at odds over the terms of […]
Grand jury considers charging James Comey with lying as the deadline for prosecution approaches
Reports suggest that the Justice Department is contemplating criminal charges against former FBI director James Comey for allegedly making false statements to Congress. Comey’s potential legal issues revolve around whether he misled Congress during testimony regarding the investigation into the 2016 Trump-Russia conspiracy, which took place on September 30, 2020. It was noted in a […]