Federal vs State Authority

Business

Grant Cardone Dismisses Credit Scores as a 'Debt Trap,' Advocates for Asset-Based Wealth Building

Real estate mogul Grant Cardone has ignited a fierce debate by labeling credit scores a system designed to perpetuate debt, arguing true wealth is built on assets that bypass traditional credit checks. The controversial claim has drawn both support from anti-debt figures and sharp criticism from those who see it as out-of-touch advice for the average earner.

Feb 2, 2026

Business

Pennsylvania Study Reveals Online Casino Boom Fueled by Small Group of High-Stakes Players

A new Penn State report uncovers that soaring iGaming revenues in Pennsylvania are driven disproportionately by a minority of big spenders, raising questions about industry sustainability and consumer protection.

Feb 2, 2026

Business

Markets Reel as $10 Trillion Vaporizes from Gold, Silver, and Crypto in Liquidity Scramble

A synchronized plunge in traditional safe havens and digital assets has erased over $10 trillion in value, signaling a broad market reassessment of Federal Reserve policy and global liquidity conditions.

Feb 2, 2026

Business

Warsh Nomination Sends Shockwaves Through Precious Metals Market

President Trump's selection of Kevin Warsh to lead the Federal Reserve has bolstered the dollar and triggered a sharp sell-off in gold and silver, raising questions about the future of the metals trade amid shifting monetary policy expectations.

Feb 2, 2026

Business

Wall Street Braces for Warsh Era: Rate Cut Forecasts Hold Steady Amid Fed Leadership Speculation

Major financial institutions Barclays and Morgan Stanley maintain projections for two interest rate cuts in 2024, despite President Trump's nomination of inflation hawk Kevin Warsh to chair the Federal Reserve. Analysts suggest policy continuity in the near term, though Senate confirmation faces political hurdles.

Feb 2, 2026

US

Judicial Conduct Complaint Against Trump-Critic Judge Tossed by Appeals Court

A federal appeals court has dismissed a Justice Department misconduct complaint against U.S. District Judge James Boasberg, citing insufficient evidence. The complaint stemmed from the judge's rulings against the Trump administration's use of the Alien Enemies Act to deport Venezuelan migrants.

Feb 2, 2026

Business

Fed Chair Contender's 'New Gold' Bitcoin Endorsement Clashes With Market Slump

Kevin Warsh, a leading candidate for Federal Reserve Chair, has historically framed Bitcoin not as a threat but as a crucial policy signal. His past comments labeling it 'the new gold' for younger investors stand in stark contrast to the cryptocurrency's recent 3% decline, highlighting the volatile intersection of regulatory sentiment and digital asset markets.

Feb 2, 2026

World

Pakistan Withdraws from High-Stakes India World Cup Clash, Citing Security and Political Tensions

Pakistan has announced it will not play its scheduled T20 World Cup match against India, a decision linked by officials to recent deadly attacks in Balochistan and broader geopolitical disputes involving Bangladesh's tournament exclusion.

Feb 2, 2026

US

North Carolina Snowstorm Leads to Dramatic Train-Truck Collision; Driver Escapes Unharmed

A truck driver made a miraculous escape moments before a Norfolk Southern train struck his stranded semi during a historic winter storm in Gastonia, N.C. The incident highlights the severe weather's impact on road safety across the state.

Feb 2, 2026

Business

GigaWatt Seeks Public Backing to Power Its DIY Solar Ambitions as Energy Costs Soar

Amid rising electricity prices and shifting federal incentives, solar platform GigaWatt is turning to crowd-investing to accelerate its push into integrated, user-friendly DIY solar kits, betting on AI and streamlined hardware to capture a growing market.

Feb 2, 2026

World

Israeli Authorities Arrest Local Leaders in Multi-Million Dollar Wartime Aid Fraud Probe

Israeli police have detained municipal officials and business figures suspected of embezzling millions in international donations intended for communities devastated by the October 7 Hamas attacks, launching a major fraud investigation.

Feb 2, 2026

World

EU Rebuffs Iran's Retaliatory Move to Label European Armies as 'Terrorist Groups'

The European Union has firmly rejected Iran's retaliatory designation of EU member states' armed forces as 'terrorist groups,' a move that came days after the bloc formally listed Iran's Islamic Revolutionary Guard Corps (IRGC) as a terrorist organization, escalating a diplomatic tit-for-tat.

Feb 2, 2026

Business

Robinhood's Triple Play: From Trump Accounts to SpaceX IPO and Tokenization

Robinhood is positioning itself at the center of three major financial shifts: potentially administering new federal savings accounts, vying for a key role in SpaceX's blockbuster IPO, and expanding into tokenized assets. This strategic pivot could redefine the fintech's role from a trading app to a core financial infrastructure player.

Feb 2, 2026

World

Syrian Government Security Forces Enter Key Northeastern City Under Landmark Deal with Kurdish-Led SDF

In a significant step toward reconciliation, Syrian interior ministry forces entered the Kurdish-administered city of al-Hassakeh on Monday. The move, part of a fragile new agreement with the Syrian Democratic Forces, aims to cement a ceasefire and outlines a path for the integration of Kurdish-led institutions into the state's security and administrative framework.

Feb 2, 2026

The Silent Inheritance: How Boomers' Reluctance to Discuss Wealth Transfer Risks Family Strife and Financial Chaos

A pervasive culture of silence around estate planning is setting the stage for confusion and conflict as trillions in assets prepare to change hands. Experts warn that avoiding 'the talk' is a disservice to both generations.

Feb 2, 2026

Business

Old Second Bancorp Greenlights $43.9M Buyback, Fueling Valuation Debate After Strong Quarter

Following Federal Reserve clearance and robust Q4 results, Old Second Bancorp's board authorizes a significant share repurchase program. The move amplifies discussions on whether the regional bank's stock, despite steady gains, remains undervalued or if risks in its concentrated Illinois market are being overlooked.

Feb 2, 2026

US

Government Shutdown Looms, Grammys Spotlight Immigration as Protests Sweep Nation

A partial government shutdown triggers furloughs, the Grammys become a platform for political statements, and nationwide protests over immigration policy unfold amid a severe winter storm's aftermath.

Feb 2, 2026

U.S. and Guatemala Ink Trade Deal to Bolster Western Hemisphere Textile Supply Chains

A new bilateral trade agreement between the United States and Guatemala aims to eliminate tariffs and streamline preferential treatment for textiles and apparel, a move hailed by U.S. industry leaders as a strategic step to reinforce regional manufacturing networks and counter Asian dominance.

Feb 2, 2026

Business

Trump's Fed Pick Sparks Metals Meltdown: Gold, Silver Tumble as Hawkish Outlook Strengthens Dollar

Precious metals extended their sharp decline following President Trump's nomination for the next Federal Reserve chair, a move markets interpret as locking in higher interest rates and boosting the U.S. dollar's appeal.

Feb 2, 2026

Business

Apollo Bets Big on AI Infrastructure and Logistics, Signaling Strategic Pivot

Apollo Global Management is deploying billions into AI data center infrastructure and European logistics real estate, underscoring a strategic shift towards hard assets tied to technological transformation and supply chain resilience.

Feb 2, 2026