CME Slashes Precious Metals Futures Margins Up to 21.4% as Volatility Shifts
Margin requirements on futures contracts for gold, silver, platinum, and palladium are set to drop significantly, with reductions ranging from 14% to 21.4%, effective after the close of business on Friday, April 24, 2026. The largest cut applies to silver futures, where margin requirements will fall by 21.4%, signaling a notable shift in risk assessment […]
US Special Forces Soldier Arrested for $400,000 Bet on Maduro Capture
A US special forces soldier, Master Sergeant Gannon Ken Van Dyke, has been arrested and charged for allegedly profiting $400,000 by betting on the covert operation that led to the capture of Venezuelan President Nicolás Maduro earlier this year. Van Dyke, stationed at Fort Bragg, placed a series of bets on Polymarket, a prominent prediction […]
New York Times Reporter Subjected To FBI Probe After Kash Patel’s Girlfriend Story
The FBI’s reported scrutiny of New York Times reporter Elizabeth Williamson after her February 28 story on Director Kash Patel’s use of bureau personnel for his girlfriend’s security and transportation adds a new data point to an expanding confrontation between the Trump administration and the press. According to the Times, agents interviewed Patel’s girlfriend Alexis […]
Meta Announces 8,000 Layoffs on May 20 as AI Investment Surges
Meta Platforms (NASDAQ: META) will lay off 8,000 employees on May 20, marking the first wave of a broader plan to cut 10% of its workforce as the company ramps up spending on artificial intelligence infrastructure. The layoffs, part of a strategic push for efficiency, come as Meta redirects resources toward AI technologies that it […]
Israel Awaits U.S. Approval to Resume Deadly Strikes on Iran’s Leadership and Infrastructure
Israel is poised to launch a renewed and intensified military campaign against Iran, awaiting final approval from the United States to target the country’s supreme leader and critical energy infrastructure. Defense Minister Israel Katz confirmed on April 23, that the Israel Defense Forces are fully prepared, with specific targets already identified for strikes intended to […]
Morgan Stanley Slashes Gold Price Target by Nearly 10% Amid Macro Shift
Morgan Stanley has cut its gold price forecast for the second half of 2026 by nearly 10%, setting a new target of $5,200 per ounce, down from $5,700, as macroeconomic conditions reshape the metal’s outlook. The revision comes on the heels of a brutal six-week selloff that saw gold prices plummet by almost a quarter […]
Mark Carney Denies U.S. ‘Entry Fee’ Demand in CUSMA Trade Talks
Prime Minister Mark Carney has firmly denied claims that the United States demanded an ‘entry fee’ in the form of upfront concessions from Canada ahead of negotiations to revise the Canada-United States-Mexico Agreement (CUSMA). “I don’t know where the talk of an ‘entry fee’ is from, certainly not coming from me, it’s not language I’ve […]
US Plans Retroactive 280E Tax Break For Operators Per Marijuana Reclassification, But Not For All
The administration’s latest marijuana move is shaping up to be a tax story, with the most immediate implications centered on Section 280E and the companies that may finally get relief from it. The US Department of Justice has taken a landmark step in drug policy by reclassifying certain marijuana products from Schedule I to Schedule […]
US Justice Department Reclassifies Marijuana to Schedule III in Historic Drug Policy Shift
The US Department of Justice has taken a landmark step in drug policy by reclassifying certain marijuana products from Schedule I to Schedule III under the Controlled Substances Act. Acting Attorney General Todd Blanche signed the order on Thursday, aligning FDA-approved marijuana products and those under state medical marijuana licenses with less restrictive drugs like […]
Ford Won’t Budge on US Alcohol Ban Until Tariffs Drop
Ontario Premier Doug Ford declared that American alcohol will not return to LCBO shelves until the United States removes its tariffs on Canadian goods — a flat rejection of mounting US pressure to lift a ban that has reshaped the province’s liquor market for more than a year. The declaration came hours after US Trade […]