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Economic News

Fed's Waller: Weak Job Market Justifies Rate Cut in December

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17 November 2025
The data available during the recent U.S. government shutdown shows the job market near stall speed, with state unemployment claims rising slightly, layoff numbers increasing, and no evidence of building wage pressures, facts that warrant another quarter-percentage-point...
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Trump's 50-Year Mortgage Plan Is a Home Run

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17 November 2025
Polls consistently show that housing affordability is a top concern for Americans. But we don't need surveys to tell us what is glaringly obvious; home prices continue to soar, interest rates remain uncomfortably high, and countless families are increasingly feeling that...
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DMVs Sell Your Data for Millions—You Get Nothing

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17 November 2025
Your driver's license does two jobs: prove your identity and generate revenue for the state. The revenue part never reaches you. Every time you renew your license, you're not just updating your ID - you're funding a state-run data gold mine.Across America, Departments of...
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Jefferson: Fed Needs to Move Slowly on Rate Cuts

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17 November 2025
Federal Reserve Vice Chair Philip Jefferson said Monday the U.S. central bank needs to "proceed slowly" with any further interest rate cuts as it eases policy towards a level that would likely stop putting downward pressure on inflation.
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US Construction Spending Rebounds

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17 November 2025
U.S. construction spending unexpectedly rebounded in August, likely lifted by home renovations as higher mortgage rates continued to weigh on single-family homebuilding.
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Elite Universities Foolishly Snub President Trump

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17 November 2025
Elite universities are foolish to refuse President Trump's offer for a dialogue about improving performance, campus environments and public confidence about their value.
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  1. Tampa Now #1 in Nation for Foreclosures
  2. Elephants in the Room: The Commercial and Consumer Credit Risks Amid Surging Asset Bubbles
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