Average weekly earnings, adjusted for inflation, are now running about 2% higher than a year ago, reversing declines seen during the prior period when rising prices eroded wage gains.
Real Weekly Paychecks Rise After Prior Decline
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U.S. Pending Home Sales Reach Six-Month High In May
The increase in pending home sales exceeded economists' expectations, indicating that buyer demand remains resilient even as financing costs continue to weigh on affordability.
Federal Reserve Holds Interest Rates Steady At Warsh’s First Meeting
The decision, approved unanimously by the Federal Open Market Committee, reflects the central bank’s view that inflation remains elevated relative to its long-term target of 2%.
Mortgage Rates Ease But Housing Market Remains Weak
Total mortgage application volume fell 3.8% from the previous week. The average rate for a 30-year fixed mortgage remained at 6.60%, while refinancing applications declined 5%
The Fed Decides Today In Warsh's First Test As Chair
A fourth straight hold is all but certain, so the focus falls on the dot plot, the dropped easing bias, and a new chair's tone.
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California ‘Basically’ Decriminalized Voter Fraud, Top Federal Prosecutor Warns
Essayli’s office has launched multiple ongoing investigations into alleged voter fraud in the state.
Alaska’s ‘Sham’ Dan Sullivan Booted From Primary Election Ballot
Sharing the name with the senator is merely a “matter of fate,” this Sullivan claims.
Feds Indict 15 Antifa Members For Conspiring To Injure Federal Officers
Minneapolis has drawn national attention in recent months amid ongoing clashes involving federal law enforcement.
Link To Fani Willis Leads To Federal Judge Recusal In Georgia Voter Rolls Case
The Justice Department referred to a reprimand from the 11th U.S. Circuit Judicial Conduct Committee.