Following unexpected surges in new- and existing-home-sales, pending home sales in the US plunged 5.5% MoM in December (vs 0.0% exp and below all estimates), dragging the total sales down 2.9% YoY (vs +4.2% exp)...
The entire AI complex sold off violently on Monday after China's "AI Sputnik" moment, driven by the low-cost DeepSeek chatbot, raised doubts about the market's future expectations for massive investments...
Ever since the 2008/2009 housing crash, I've been hearing one financial guru after another talk about how the United States was heading into another financial collapse.
Sales of new US homes ended 2024 on a high note in December as customers took advantage of incentives from builders, leading to a second straight year of increased purchases.
"Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis" is the title of one of the many executive orders President Trump issued in his first week back in the Oval Office.
There has been the controversial announcement what is called a $500 billion AI project in the USA. There is controversy about how much funding is in the project. The announcement did talk about building this out over years.
VIDEO: The Private Federal Reserve Has Declared War on President Trump's Economic Recovery Plan– This Attack Constitutes The #1 Threat to The MAGA Agenda Being Successful
At a time when thousands of America's independent cattle farmers are going under each year, and herds falling to a 70-year low, one young couple believes they have found a way to save their family farm.
During the confirmation hearings of the Treasury secretary nominee Scott Bessent on Thursday, 16 January, this exchange caught my attention (at about 52-min. mark of the video linked above):
Martin Armstrong returns for part two of an epic interview and this time around, he hones in on the debt crisis and the minds of the political elite who got us into this mess. Having dealt with a variety of governments over his career, Martin reveals
Even in the waning days of the Biden administration, they are circumventing Congress and the rule of law to illegally forgive billions of dollars in student loan debt through the collusive class action settlement of Sweet v. Cardona.
Back in the last week of December, when the stock market was desperately trying to reverse the slump of the Santa rally which prevented stocks from closing 2024 at an all time high, we warned that a bigger threat than a modest 1% market drawdown was
Earlier this morning, the U.S. government announced via a court document that stolen bitcoin from the Bitfinex hack in 2016 should be returned to the exchange in-kind.
Two top DOGE lawmakers are teaming up with a new bill to cut what they claim is bureaucratic waste and slash a whopping $600 billion from the federal budget.
• New American, Thomas Massie and G. Edward Griffin
G. Edward Griffin, author of The Creature from Jekyll Island; A Second Look at the Federal Reserve, has responded by saying: "I enthusiastically support this bill because it could bring to light so many unconstitutional activities that we instinctive
"I think it's going to be closer to Venezuela, with runaway inflation and the destruction of the currency," warns Dr. Ron Paul. Speaking with Daniela Cambone, he criticizes interest rates as a tool for price manipulation and cautions that the insur
Financial writer, market analyst and precious metals expert Craig Hemke predicted at the beginning of 2024 that the US National Debt would tack on another $2 trillion to the $34 trillion that was already there.
After US PPI yesterday surprised weaker and the US NFIB small business survey hit a six-year high, partly on hopes for lower inflation ahead, today is all about US CPI.
After rising for 5 straight months, analysts expected headline consumer prices to continue accelerating in December (+0.4% MoM exp) and it did exactly that - the highest MoM print since March, leading the YoY CPI to rise 2.9% (the highest since July)
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