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News & Articles By Sterling Ashworth
06/19/2026
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By Sterling Ashworth
FBI Warns: Crypto Scammers Use Couriers to Collect Cash, Evade Bank Detection
The Federal Bureau of Investigation (FBI) issued a public service announcement on Monday, June 15, warning that scammers are deploying couriers to collect cash from victims in person, a tactic designed to circumvent bank detection systems that normally flag wire transfers. The fraudsters initially approach targets – frequently older adults – through social media, text messages or […]
06/18/2026
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By Sterling Ashworth
Central Banks Shift Gold Storage Away From London and New York
Central banks are reducing their reliance on traditional gold storage hubs in London and New York, according to the World Gold Council’s (WGC) 2026 Central Bank Gold Reserves Survey released on Tuesday, June 16. The survey found that the share of central banks storing gold at the Bank of England fell to 57% from 64% […]
06/17/2026
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By Sterling Ashworth
U.S. Electric Vehicle Adoption Slows Amid Policy Shift; Global Demand Surges Following Geopolitical Crisis
Electric vehicle (EV) adoption in the United States has slowed significantly following the expiration of federal tax credits and a shift in federal policy under the Trump administration, according to multiple industry reports. Major automakers Ford, Hyundai and Kia each reported sales declines of over 60% after the tax credits ended, according to a report […]
06/17/2026
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By Sterling Ashworth
Oil Prices Crash as Traders Bet the War Is Over
Brent crude futures fell below $79 per barrel on Tuesday, its lowest level since March, according to a report by Julianne Geiger for Oilprice.com. The decline followed the United States and Iran digitally signing a peace agreement that includes the reopening of the Strait of Hormuz and the immediate return of Iranian oil sales to […]
06/15/2026
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By Sterling Ashworth
EU Military Buildup Financed Through Debt, Social Spending Cuts, Officials Say
European Union member states are increasing defense budgets to levels exceeding prior plans, according to national budgets and European Commission data. The increases occur alongside record government debt across the euro zone, with some countries implementing social spending cuts, officials said. The cumulative debt-to-GDP ratio of the euro zone is projected to surpass 90% next […]
06/12/2026
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By Sterling Ashworth
Coinbase Exec: Institutional Buyers Seen Acquiring Bitcoin Amid Price Plunge
Bitcoin fell below $60,000 on Monday, June 8 – reaching as low as $59,099, according to market data. The decline represents a drop of more than 50% from the cryptocurrency’s all-time high near $126,000 reached in October 2025. But John D’Agostino, Coinbase’s head of institutional strategy, said in an interview on CNBC‘s “Squawk Box” that […]
06/11/2026
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By Sterling Ashworth
Kuwait Offers Crude to Asian Buyers for First Time Since 1990-91 Gulf War
Kuwait Petroleum Corp. (KPC) has offered crude oil to Asian buyers for the first time since the 1990-91 Gulf War, marking a significant shift in the state-owned company’s sales strategy, according to officials familiar with the matter. The offer involves direct sales to refiners in Asia, a departure from KPC’s long-standing practice of selling through […]
06/11/2026
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By Sterling Ashworth
U.S. Inflation Rises to 4.2% in May, Highest in Three Years; Trump Predicts Drop After Iran War
The U.S. annual inflation rate surged to 4.2% in May, up from 3.8% in April, according to Bureau of Labor Statistics (BLS) data released on Wednesday, June 10. This marks the highest 12-month inflation reading since April 2023. The increase was driven primarily by rising energy costs, the agency said. Core inflation, which excludes volatile food […]
06/10/2026
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By Sterling Ashworth
Russia Cuts Oil Exports Amid Ukrainian Drone Strikes and Domestic Shortages
Russia is reducing crude oil exports from its western ports to approximately 1.7 million barrels per day (bpd) in June, down from an estimated 2.5 million bpd in May, according to Reuters calculations cited by industry analysts. The cutback is driven by a combination of sustained Ukrainian drone strikes on oil infrastructure, domestic fuel shortages […]
06/09/2026
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By Sterling Ashworth
Ex-CIA Official Accused of Inventing Secret Program to Steal $40 Million in Gold
Arrest and Recovery of Gold Hoard David J. Rush, 49, a former senior executive in the Central Intelligence Agency’s Directorate of Science and Technology, was arrested on May 19, 2026, one day after FBI agents searched his Ashburn, Virginia, residence, according to the Justice Department. Investigators recovered 303 one-kilogram gold bars valued at more than […]
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