Silver (XAG) Outlook: Profit-Taking Weighs on Silver, but Positive Sentiment Persists

Silver (XAG) Outlook: Profit-Taking Weighs on Silver, but Positive Sentiment Persists

As of 15:29 GMT, XAGUSD has dropped by $1.51 (-2.59%) to rest at $56.99. Profit-taking triggers short-term drop This week saw a more pronounced sell-off as traders took profits following a significant rally that reached record highs. When traders start to divest, especially from leveraged positions, it often accelerates the decline, helped by algorithms and […]

Eric Swalwell Weighs a Run for Governor of California

Eric Swalwell Weighs a Run for Governor of California

Rep. Eric Swalwell Considers Gubernatorial Run in California Rep. Eric Swalwell (D-Calif.) is reportedly weighing the possibility of running for governor of California, potentially stepping into a race where Katie Porter currently leads. According to two anonymous sources familiar with the congressman, an announcement regarding his plans could happen as soon as next week. He […]

US weighs beef imports from Argentina to reduce prices, says agriculture secretary

US weighs beef imports from Argentina to reduce prices, says agriculture secretary

U.S. Considers Beef Imports from Argentina Amid Soaring Prices Agriculture Secretary Brooke Rollins indicated on Tuesday that the U.S. is exploring beef imports from Argentina as a way to tackle the skyrocketing beef prices, which have hit unprecedented levels this year. During her appearance on CNBC’s “Squawk Box,” Rollins noted that the Trump administration is […]

Kamala’s Expensive Campaign Debt Weighs Down Democrats While GOP Fundraising Gains Momentum

Kamala's Expensive Campaign Debt Weighs Down Democrats While GOP Fundraising Gains Momentum

Financial Disparity for DNC Amid Midterm Cycle The Democratic National Committee (DNC) is starting the midterm elections at a considerable financial disadvantage compared to Republicans. This comes partly due to unpaid debts from Kamala Harris’ 2024 presidential campaign and a noticeable lack of enthusiasm from donors. The Republican National Committee (RNC) recently reported that it […]

Trump weighs the Insurrection Act after judge halts Guard mobilization

Trump weighs the Insurrection Act after judge halts Guard mobilization

Trump Considers Using Rebellion Act Amid Portland Tensions President Donald Trump mentioned that he might invoke the Rebellion Act to send federal troops to US cities, following a federal judge’s decision that blocked his administration from deploying National Guard units to Portland. During a press conference in the Oval Office on Monday, Trump stated, “If […]

Trump weighs the option of preventing Iranian diplomats from shopping at Costco.

Trump weighs the option of preventing Iranian diplomats from shopping at Costco.

Trump Administration Considers Visa Restrictions Ahead of UN General Assembly The Trump administration is contemplating new restrictions affecting delegations from Iran, Sudan, Zimbabwe, and notably, Brazil, as the UN General Assembly approaches later this month. This comes after a visa denial for Palestinian leader Mahmoud Abbas. These restrictions might be enacted prior to the assembly’s […]

Justice Department Weighs Transgender Gun Ban Following Catholic School Shooting

Justice Department Weighs Transgender Gun Ban Following Catholic School Shooting

DOJ Considers Blocking Transgender Individuals from Buying Firearms Following Minnesota Shooting The Department of Justice (DOJ) is contemplating a ban on firearm purchases by transgender individuals after a tragic shooting incident on August 27 at a Catholic school in Minnesota. This event involved a trans-identifying man who opened fire, resulting in the deaths of two […]