SoftBank Faces Funding Test After OpenAI Loan Talks Stall
SoftBank’s reported attempt to pledge its entire OpenAI position for a $6 billion loan turns the AI boom’s biggest question into a credit-market problem: how much is a private valuation worth when banks have to lend against it? The answer, at least for now, appears to be less than SoftBank wanted. Bloomberg reported that SoftBank […]
Gold Falls Below $4,200 for First Time Since December on Iran Strikes, CPI Fears
Gold cracked below $4,200 Wednesday for the first time since December, sliding to $4,156.39 as overnight military exchanges between the U.S. and Iran collided with anxiety over inflation as May’s inflation hit a three year high at 4.2%. The spot market opened the session at $4,253.00, already down 0.2% from Tuesday’s close and 1.8% below […]
U.S. Inflation Hits 3-Year High of 4.2%, Putting Fed on Track for December Hike
Kevin Warsh was brought in to cut rates. May’s inflation numbers are pointing the other way. U.S. consumer prices climbed 4.2% year-over-year in May, the Labor Department reported Wednesday, the highest reading in three years and the third consecutive monthly acceleration. The figure came in line with economist forecasts, which, at this point, is itself […]
New Book Reveals White House Held Situation Room Meetings Over Epstein Files—With One Goal: Spin
When the Epstein files became a political liability, Trump’s top advisers gathered in the Situation Room — not to pursue justice for victims, but to figure out how to make the story go away. A new book says they couldn’t.
Metalsource Mining Hits 434 g/t Silver Equivalent Over 10.64 Metres at Silver Hill
Metalsource Mining (CSE: MSM) has pulled another high grade hit from its Silver Hill project. The company this morning reported an intercept of 434 g/t silver equivalent over 10.64 metres in hole SH26-11, anchored by a 1.52 metre interval grading 2,050 g/t silver equivalent. The results come from an ongoing diamond drilling campaign built around […]
Crossroads Gold Begins 2026 Exploration at Pambula, Reports Gold In Soil Up to 24.6 g/t
Crossroads Gold (TSXV: CRG) has put boots on the ground at its Pambula gold project, launching a maiden 2026 field program in an effort to follow up on soil samples that grade as high as 24.6 g/t gold.
Osisko Development Drills 44.68 g/t Gold Over 1.5 Metres At Cariboo
Osisko Development (TSXV: ODV) has wrapped up the underground infill drilling campaign at its Cariboo Gold Project, closing out a program that ultimately ran longer than its headline figure suggested. The company completed 13,684 metres of grid infill drilling on 10-metre spacing across 142 holes, work that began in August 2025 and represents the full […]
Epstein’s Assistant Told Congress She Set Up Quarterly Calls Between Epstein and Trump
Lesley Groff spent 18 years running Jeffrey Epstein’s office. Her name appears 160,000 times in his files. On Tuesday she told Congress she set up his calls with Donald Trump — and insisted she never knew what was happening around her.
UK Opens Formal Investigation Into Paramount-WBD Merger, Threatening Q3 Closing Target
The Paramount-WBD merger now faces regulators on three fronts: a UK competition investigation, a looming US state lawsuit, and a European review still in progress. US federal approval is the only thing going Ellison’s way.
Canada Breaks Its Export Record While Trump Accidentally Brags About America’s Trade Deficit
Canada just broke its all-time monthly export record with $75.2 billion in April. On the same day, Trump shared a headline about the US trade deficit widening by the most in 34 years — and appeared to think it was good news.