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Gold Demand Surged to Record Level in Third Quarter
(Mike Maharrey, Money Metals News Service) Gold demand grew by 3 percent year-on-year in Q3, hitting 1,313 tonnes, the highest quarterly level in history. Third quarter demand was even more impressive in dollar terms, increasing by 44 percent to a record of $146 billion. Year-to-date, gold demand is up by 1 percent at 3,717 tonnes,…
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FBI: ‘Potential’ Halloween Terror Plot Foiled; Multiple Subjects Arrested in Michigan
(Sarah Roderick-Fitch, The Center Square) The FBI says it thwarted a possible terror attack, arresting several individuals in Michigan, according to Director Kash Patel. “This morning the FBI thwarted a potential terrorist attack and arrested multiple subjects in Michigan who were allegedly plotting a violent attack over Halloween weekend,” Patel posted on X Friday morning.…
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Gold and Ghosts: A Halloween Horror Story
(Mike Maharrey, Money Metals News Service) Since today is Halloween, I have a spooky tale for you. People say you can hear a woman faintly screaming in the old Reed Gold Mine in Midland, N.C. Of course, there’s a back story. And it’s as creepy as you might imagine. America’s First Gold Rush Did you…
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WATCH: GOP May Have to Rewrite Govt Funding Bill as Shutdown Hits 1 Month Mark
(Thérèse Boudreaux, The Center Square) The ongoing government shutdown has dragged on for a month as Senate Democrats have blocked Republicans’ temporary funding bill more than a dozen times. With senators heading home for the weekend and no end to the shutdown in sight, Republicans may have to rewrite the House-passed Continuing Resolution to push…
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FDA Says Drugmakers Have Recalled a Blood Pressure Medicine Tainted With a Cancer-Causing Chemical
(Headline USA) The U.S. Food and Drug Administration says drugmakers have recalled more than a half-million bottles of the blood pressure medication prazosin hydrochloride over concerns it may include a cancer-causing chemical. New Jersey-based Teva Pharmaceuticals USA and drugs distributor Amerisource Health Services issued voluntary nationwide recalls earlier this month of more than 580,000 bottles…
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Trump Says Senate Should Scrap the Filibuster to End the Shutdown, An Idea Opposed by Republicans
(Headline USA) Back from a week abroad, President Donald Trump is calling on the Senate to scrap the filibuster and reopen the government after a monthlong shutdown, breaking with majority Republicans who have long opposed such a move. Trump said in a post on his social media site Thursday that “THE CHOICE IS CLEAR —…
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Report: Mamdani’s Tax Plans Could Exacerbate NYC Exodus
(Chris Wade, The Center Square) New York City mayoral frontrunner Zohran Mamdani’s plans to tax the city’s wealthiest to fund his policy initiatives could drive top earners out of state, according to a new report by a watchdog. The Empire Center’s report looked at Mandani’s plans to set a new wealth tax on households making…
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Musk’s Firm Buys Land for Underground Las Vegas Loop
(Liam Hibbert, The Center Square) The Boring Co., an Elon Musk tunneling and transit company, has quietly bought land along a proposed 68-mile underground route for its Las Vegas Loop. The loop, which connects city hubs via tunnels for Teslas to drive through, has eight stations in operation. With 104 stations already approved, recent real…
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Judges Order Trump to Use Emergency Fund to Disburse SNAP Benefits
(Andrew Rice, The Center Square) Two federal judges on Friday ordered the Trump administration to continue funding the Supplemental Nutrition Assistance Program, also known as food stamps. The judges in Massachusetts and Rhode Island ordered the U.S. Department of Agriculture to use emergency funds to provide SNAP disbursements. In an announcement earlier this week, the…
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Federal Reserve Cuts Key Interest Rate for Second Time This Year
(Brett Rowland, The Center Square) The Federal Reserve cut interest rates by a quarter-point on Wednesday for the second time this year, not nearly as much as President Donald Trump wants the central bank to reduce rates. The move lowers the Fed’s benchmark short-term interest rate to a range between 3.75% and 4%, the lowest…
