12 Charts Explain Why Economic Confidence Is Dark
The data points to a recession on the horizon; the question is how soon.
Related
What New Retail Sales Data Says About The U.S. Economy
Retail sales increased 0.5% in April compared to the previous month, marking the third straight monthly gain.
Progressives And Conservatives Are Wrong About Taxing The Rich
Calls to “tax the rich” are, once again, gaining traction online in recent weeks. It kicked off last month after New York Governor Kathy Hochul proposed a new tax on second homes in New York City worth more than $5 million.
What Is Driving Higher Food Prices Beyond Gas Costs
According to Labor Department data, prices for food consumed at home rose 2.9% from a year earlier, the highest annual increase since August 2023. Restaurant and prepared meal prices also climbed, pushing overall food inflation to 3.2%.
Homebuyers Push Ahead Despite Rising Mortgage Costs
Mortgage rates in the U.S. climbed to their highest level in five weeks, but homebuyers continued returning to the housing market despite rising borrowing costs and economic uncertainty.
Latest
Tensions Between CIA And Congress Flare
On Wednesday, the Senate Committee on Homeland Security and Governmental Affairs, chaired by Sen. Rand Paul, R-Ky., heard the testimony of subpoenaed CIA whistleblower James Erdman III, who alleged the federal government suppressed inquiries into the origin of COVID-19.
Rape Dogs Claim Lands NYT In Defamation Lawsuit
Critics have said Hamas has engaged in a propaganda war intended to “provoke outrage, shift public opinion, and pressure Israel through foreign governments and media.”
Lewd Anti-ICE Protester Says She Wants To Prevent Children From Coming To St Paul Church
Protests have dogged Cities Church, an evangelical Reformed congregation affiliated with the Southern Baptist Convention, since Immigration and Customs Enforcement surged to the Twin Cities.
