US Mortgage Rates Fall For First Time In Two Months
Meanwhile, 49.1% of outstanding mortgages carried interest rates of 4% or lower in the second quarter, highlighting the gap between existing homeowners and current buyers.
Economy
TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
The ‘War Of Grand Design’ Transforms To More Narrowly Bolster US Hegemony
Disraeli repeatedly explicitly warned against “world revolution” (or colour revolutions in today’s vernacular).
Higher Oil Prices Are Likely To Stay
Attacks on ships passing through the Strait have increased. The flow of crude oil continues to be below the pre-war level.
The Victim’s Dilemma: The Fallacy Of The Strong State In Times Of War
Imagine an individual operating a small shop in a neighborhood controlled by a protection racket.
Democrats Vs. Affordability
They recessed at the end of the last session, which was the one called to settle the budget divide.
California’s Wealth Tax Fails Hayek’s Rule-of-Law Test
First, laws should govern future conduct, not rewrite the consequences of past decisions. Individuals should know the rules before they act, not discover them afterward.
US Treasury Yields Drop As Investors Seek Safe Havens
The benchmark 10-year Treasury yield dropped 15 basis points to 4.996%, slipping below 5% for the first time since September 23
Scott Bessent, Jon Husted Champion Education Freedom Tax Credit
The tax credit, also known as the Federal Scholarship Tax Credit, was a provision of the Working Families Tax Cuts, with Husted playing a major role.
Will Trump Take Millions Of Hostages Like Me For Big Pharma?
Trump often brags that the U.S. has the world’s lowest drug prices. He also brags that he has lowered drug prices by 500% so he starts out with a helluva cloud over his credibility.
From Diaspora Dream to Continental Disaster: The Pan-Africanism That Failed—And the One That Could Work
The concept spread from the diaspora to African elites and, after WWII, evolved into a coordinated independence movement, with independent nations aiding those still under colonial rule.
The Keynesian Multiplier “Magic”
Retailers, in response to the increase in their income, also consume 90 percent of the $100 million (i.e., they increase expenditure on goods by $90 million).
Don’t Let The Fed Steal Your Kids’ Future
And, since the Fed rarely if ever hits the 2 percent target, CPI calculations based on government historical data show prices increasing at a much higher rate.
Europe’s Diesel Winter Is Coming, And Washington Is About To Make It Worse
Pakistan and Turkey have pledged troops under the Mecca Joint Defense Agreement signed in August
The US Government’s Really Big Debt Problem
An insight of supply-side economists is that, since cutting taxes incentivizes people to work and invest, government can increase revenue by cutting taxes.
Note To The Rest Of The Country: Please Don’t Vote Like California
California’s state workforce, excluding university employment, grew 4% from 2019 to 2024, the Sacramento Bee reported last year, calling the addition of 20,000 employees “a hiring spree.”
Draconian Cuts? Medicaid Spending Shot Up 8% This Year
According to the latest “Monthly Treasury Statement,” revenues in FY 2026 came in at just over $5.4 trillion while spending was just under $7.4 trillion, leaving a deficit of $1.992 trillion.