
America's Office Fire Sale Has Barely Begun
• Wall Street JournalOnly 3.5% of offices sold last year came from a distressed seller, thanks to optimism and forgiving lenders
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Only 3.5% of offices sold last year came from a distressed seller, thanks to optimism and forgiving lenders
More than 220 bank branches have closed so far in 2024, and that's just in January and February. Are your local branches on this list?
President Biden may have recently made history as the first president to discuss snack chips in the State of the Union message. He used snack chips to illustrate the phenomenon of shrinkflation.
While Joe Biden insists that Americans are doing great - suggesting in his State of the Union Address last week that "our economy is the envy of the world," Americans are being absolutely crushed by inflation...
Can't find a house to buy? The underlying problem remains a persistent housing shortage and elevated mortgage rates that have paralyzed the housing market nationwide.
For those bartenders who became realtors over the past decade, attracted to the fast and easy money during multiple real estate booms fueled by historically low mortgage rates, there's concerning news out on Friday:
Antitrust laws are built on nothing but poor reasoning and misguided apprehensions.
People who have been reading my analysis for a long time are well aware of my expectations on the eventual outcome of the US economic debacle: A stagflationary crisis followed by a massive crash similar to the Great Depression (or worse).
Credit card debt carries a hefty bill in America, and falling behind on payments can be extremely costly for cardholders.
A recently released study that involved focus groups and a national study explores how high school students and non-enrolled adults ages 18-30 view the prospects of a college degree.
Migrant crisis costs NYC taxpayers $10MILLION EVERY DAY: Eric Adams boasts the city is shelling out $387 to house and feed each immigrant after his cost-cutting efforts
As of Wednesday, there are just 18 days left until Easter celebrations begin. For those who have recently visited the supermarket, egg prices are trending in the wrong direction, although well off the highs recorded in December 2022.
Family Dollar, the struggling discount chain that caters to low-income customers predominantly in cities, said Wednesday it will close nearly 1,000 stores.
Bougie Broke gives us a glimpse into the financial condition of a growing number of consumers.
One of my favorite false narratives floating around corporate media platforms has been the argument that the American people "just don't seem to understand how good the economy really is right now."
U.S. Households Are Spending An Extra $11,434 Per Year Just To Maintain The Same Standard Of Living
Shows Real Estate Problems Have Skyrocketed at Largest U.S. Banks, Not the Smaller Regionals
... Amid Customer Spending Pullback. Whoops.
This weekend, Todd Sachs interviewed Peter on the state of the economy. They discuss the parallels between now and the 2007-2008 housing crisis, the role of economic sentiment in voters' opinions, and why foreign central banks are losing faith in t
Federal Reserve Chair Jerome Powell gives his thoughts on inflation risks, the economy, the timeline for cutting rates, the health of the country's banks and more. Scott Pelley reports.
'This is a problem that we'll be working on for years'
The Biden administration has released a proposed budget that would boost federal spending to $7.3 trillion next fiscal year. To pay for it, they plan to raise taxes on the wealthy and large corporations.
The Pentagon needs $10 billion to replace weapons in US military stockpiles that have already been sent to Ukraine, a Defense Department official has told POLITICO.
Restaurants are moving towards dynamic menu prices. Expect big surcharges for peak times. Don't expect off peak prices to drop much. Labor costs are rising too.
Two weeks ago, we described how, after two or so months since House Democrats abandoned the Biden administration's propaganda campaign to sell the American people on disastrous "Bidenomics," the White House would pivot to a new messaging strategy of
Hedge Fund Icon: "We're Just Two Years Away From A US Debt Sustainability Crisis, Sparking A Major Global Market Event"
The Threat of "Made by China 2025"
The Great Replacement Loophole: Illegal Immigrants Score 5-Year Work Benefit While "Waiting" For Deporation, Asylum
A lot of people are really confused about the state of the U.S. economy right now. Large employers are conducting mass layoffs all over the country, and those that are searching for work are having a very difficult time.
On the Senate floor, Sen. Rand Paul (R-KY) railed against pork-barrel spending in the government budget and called out several earmarks he finds most shocking.