American Household Income Reaches Highest Level On Record
According to new Census Bureau data, inflation-adjusted median household income increased 2.6% to $87,460
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.
Mark Carney Moves Canada Closer To Europe As Trade War Escalates
Carney stressed that Canada is not seeking full EU membership but is exploring what he called a “unique alliance” with the 27-nation bloc.
Utopia Yesterday, Apocalypse Today
Six months ago, AI's leaders promised abundance. Now they want the bureaucracies that botched COVID to oversee them.
Jobs and Manufacturing Are On The Ballot
Not that manufacturing is the only sector that’s on a hiring spree—businesses across the board added 162,000 new jobsin August.
The Austrian Blueprint: A Practical Guide For The 50 States
The Austrian School of economics, particularly through the work of Ludwig von Mises and Murray Rothbard, emphasizes that prosperity emerges not from state management but from private property, voluntary exchange, entrepreneurship, and sound money.
It’s Not Miller Time
He stressed the importance of class struggle, favored the labor theory of value, and rejected talk of rights and justice as ideological distortions.
Number Of Single Men In US Reaches Record High
This rise in male singleness has translated to fewer married men. Over the last 25 years, the number of wedded men has plunged from 18.1 million to 15.4 million, a 15% drop.
10-Year Treasury Yield Reaches Highest Level Since 2023
The benchmark yield reached 5.014% before retreating to about 4.947%.
How Is The Iran War Driving Up US Heating Oil Bills
Heating oil expenses are projected to rise 31.3% this winter, reaching about $2,300 for the season.
Trump Spending Has Created The Largest Deficit Since Covid
With the US already so deeply in debt, this will continue to put upward pressure on yields, and further contribute to a growing overall debt burden.
HUD Secretary Fires Up Republican Convention
Turner also touted Trump’s economic and housing initiatives. Turner said his department, HUD, is now working to fight fraud
What Did Iran And Russia Demand At The BRICS Business Forum
The report noted that the conflicts involving Iran and Russia have contributed to energy disruptions and higher fuel costs
Who Is Next In The U.S. Crackdown On Iran’s Financial Network
The announcement follows recent U.S. action against financial institutions accused of moving money connected to Iran.
Inflation Fears Send Consumer Sentiment Tumbling In September
Americans’ one-year inflation expectations climbed to 4.6%, up from 4% previously and matching the highest reading recorded in June
Bessent Warns Of ‘Socialist Hellscape’ If Democrats Take Power
The Treasury secretary went on to highlight what he described as some of Trump’s biggest economic accomplishments.