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News & Articles By Sterling Ashworth
07/09/2026
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By Sterling Ashworth
Washington’s Trade Deficit Hit $77.6B in May Amid Increase of AI Component Imports
The U.S. Department of Commerce (DOC) reported on Tuesday, July 7, that the country’s trade deficit widened sharply in May 2026 – amid a surge of imports of semiconductors, computer accessories and other artificial intelligence (AI) components. Exports fell 3.2% while imports rose 3.3%, according to the report. The swing reflects strong U.S. demand for advanced electronics, particularly […]
07/08/2026
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By Sterling Ashworth
Poll: Almost Half of Americans Struggle to Afford Food and Fuel
Nearly half of Americans reported difficulty affording everyday necessities such as groceries and gas, according to a new Harris Poll conducted for The Guardian. The survey found that 95% of respondents believe the U.S. is experiencing an affordability crisis. Separately, a Gallup poll released in April 2026 found that 55% of Americans believe their financial […]
07/07/2026
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By Sterling Ashworth
U.S. National Debt Climbs From $71 Million in 1790 to $39 Trillion in 2025
The U.S. national debt stood at $39 trillion as of 2025, according to a report cited by NaturalNews.com [1]. The debt has grown from $71 million recorded in 1790, marking an increase of more than 500,000 percent, according to historical Treasury data. The current trajectory is raising questions about fiscal sustainability, officials said. The government […]
07/01/2026
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By Sterling Ashworth
JPMorgan Endorses Digital Asset Clarity Act With Caution as Senate Targets August Recess
JPMorgan threw its support behind the Digital Asset Market Clarity Act on June 29, 2026, according to a joint op-ed by Umar Farooq, global co-head of JPMorgan Payments, and Peter Muriungi, CEO of Digital Assets and Blockchain Solutions. The bank urged Congress to pair regulatory clarity with durable safeguards, warning that gaps could create shadow-banking […]
07/01/2026
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By Sterling Ashworth
Binance Halts EU Operations After Failing to Obtain MiCA License
Binance, the world’s largest cryptocurrency exchange by trading volume, announced plans to temporarily suspend services for customers in the European Union starting this week after failing to secure authorization under the bloc’s Markets in Crypto-Assets Regulation (MiCA), according to a company statement cited by reports. [1] The exchange must obtain a license under MiCA by July […]
06/30/2026
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By Sterling Ashworth
Lithium Prices Tumble on Reports of Potential CATL Mine Restart
Lithium carbonate futures in China fell nearly 10% over two trading sessions to a 10-week low of 157,000 yuan ($23,175) per ton as of Tuesday, according to market data cited by a report from OilPrice.com. The decline followed reports that Contemporary Amperex Technology Co. (CATL) may soon restart operations at its Jianxiawo lithium mine in […]
06/28/2026
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By Sterling Ashworth
Bitcoin Drops to $58,000 on Options Expiry Pressure and Strategy Selloff
Bitcoin fell sharply at the U.S. cash market open on June 25, dropping almost $3,000 in seconds to $58,000, according to market data. That is the lowest level since September 2024. The move coincided with an 8% decline in shares of Strategy (MSTR), the largest corporate holder of Bitcoin. The decline in MSTR was driven […]
06/28/2026
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By Sterling Ashworth
Report: Record 25.2 Million Young Adults Live with Parents in 2025, Many Employed
A record 25.2 million adults under the age of 35 lived with their parents in 2025, according to a Realtor.com analysis cited in news reports. The figure means nearly one in three young adults in the United States now resides in the parental home, a share that exceeds levels seen during the early pandemic years. […]
06/27/2026
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By Sterling Ashworth
U.S. DOE Announces $17.5B in Loans for 10 New Nuclear Reactors
On June 23, the U.S. Department of Energy (DOE) announced $17.5 billion in conditional loans to support the construction of 10 large-scale commercial nuclear reactors, according to officials. The funding, issued through the Office of Energy Dominance Financing, will go to five eligible projects partnering with Westinghouse Electric Co., which is co-owned by Brookfield Renewable […]
06/25/2026
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By Sterling Ashworth
Gold Declines Toward $4,000 as Tech-Led Selloff Hits Global Markets
Gold dropped as much as 2.4% to about $4,091 an ounce in trading Tuesday, nearing a low from earlier this month, amid a broad selloff led by technology stocks that rippled through global markets. Silver plunged up to 5.8%, and other precious metals also declined as investors sold holdings to cover losses elsewhere, according to […]
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