Trump’s Big, Beautiful Bill Clears House, Now Heads to Senate

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The House has approved legislation President Trump hailed as his “big, beautiful bill,” a broad package that blends significant tax cuts, tougher welfare rules, and substantial new federal spending. The measure passed by a very narrow margin, 215–214. Key elements include a $4 trillion increase in the federal debt ceiling, relaxed limits on state and … Read more

Visa Adds PayPal USD, GlobalDollar and New Blockchains to Settlement Platform

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Visa is expanding its crypto settlement platform by adding two U.S.‑dollar‑pegged stablecoins—Global Dollar and PayPal USD—and integrating two additional blockchain networks, Stellar and Avalanche. These additions sit alongside the platform’s current support for Ethereum and Solana, broadening the range of networks and tokens available for transaction settlement. Rubail Birwadker, a Visa executive, described the effort … Read more

Gold Tops $4,000 as Shutdown Threatens Jobs, Inflation, and Airlines

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Daily News Nuggets | Today’s top stories for gold and silver investorsNovember 7th, 2025 Gold at $4,000, Silver Near $49 — Momentum Holds Gold climbed back above $4,000 per ounce this morning as investors weighed political gridlock, inflation concerns, and a weakening dollar. Silver traded near $48.58, recovering from recent losses but still short of … Read more

Gold Price Update: Goldman, China, CPI Impact, and Fed Outlook

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Gold is down more than 3% this week, while silver has fallen nearly 10%. Five major forces are driving these moves at once: a stronger-than-expected jobs report, Wednesday’s consumer price index (CPI) release, Goldman Sachs revising its rate-cut timeline, China’s continued central-bank gold purchases, and a fragile ceasefire in the Middle East. Below we explain … Read more

Copper Stocks Fall 80% as US Tariff Fears Trigger Historic Supply Squeeze

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Copper prices are surging as traders rush to move metal into the United States ahead of possible import tariffs. The rapid buildup of shipments has depleted global inventories by roughly 80% this year, producing acute shortages that are pushing prices higher for consumers and manufacturers alike. Analysts at Goldman Sachs caution the market may tighten … Read more

Goldman Sachs Warns Oil Could Reach $110 if Iran Closes Key Shipping Route

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Goldman Sachs warns that oil prices could surge if disruptions occur in the Strait of Hormuz, the narrow waterway through which a significant portion of the world’s crude oil is transported. The investment bank outlined two potential scenarios: – If shipments through the strait were reduced by half for one month, oil prices could spike … Read more

China Considers U.S. Proposal While Insisting on Tariff Rollbacks

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China’s Commerce Ministry said it is open to considering a U.S. proposal to hold talks about President Trump’s 145% tariffs, while cautioning that any negotiations should not be used as a pretext for “coercion and extortion.” The announcement follows conflicting statements after Mr. Trump suggested talks were already underway; Chinese officials initially denied that claim. … Read more

Record Gold ETF Outflow Sparks Debate as China Counters Claims

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In Q1 2026, North American investors withdrew $13 billion from physically backed gold ETFs — the largest monthly outflow on record for the region, according to the World Gold Council. Over the same quarter, Chinese investors added a record $8.5 billion to their gold ETFs. It is the same metal, trading at the same price, … Read more

Trump Proposes 25% Tariff on Foreign-Made iPhones—What It Means for Apple

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President Donald Trump has announced a plan to impose a 25% tariff on iPhones that are not manufactured in the United States, intensifying pressure on Apple to relocate more of its production to American soil. The proposal fits within a broader policy aimed at strengthening U.S. manufacturing, reducing reliance on overseas supply chains, and encouraging … Read more

David Einhorn Explains Why Gold Prices Will Keep Rising

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Hedge fund manager David Einhorn suggests that the recent rise in gold prices reflects more than simple inflationary pressure. In his view, investors are increasingly buying gold because they are losing confidence in the quality and consistency of government policy, not merely reacting to higher consumer prices. Einhorn points to several structural and political trends … Read more