October continued the trend we've been seeing develop in real estate for almost two years now. Tight supply, steady demand, higher prices, and first-time home buyers getting priced out of the market. It's only a…
Biden Picks Powell for Second Term, What You…
Biden nominated Jerome Powell for a second term as chairman of the Federal Reserve. The markets reacted to this news with anticipation of the taper plan continuing as Powell is more hawkish than those who…
Warning Issued to Businesses, Groups Ahead of Holiday…
U.S. businesses and government organizations are being warned to take extra precautions against hackers at Thanksgiving given "recent history" showing the holiday is when disruptions are most likely to occur. An advisory from the FBI and U.S.…
Target to Close All Stores on Thanksgiving
Target will permanently close all stores for Thanksgiving heading into the holiday shopping season, multiple sources reported. Retailers were forced to extend the holiday shopping rush with sales beginning in October, the Associated Press reported. “What…
Heresy Financial: Does QE Actually Cause Inequality?
Given the rapidly increasing inequality over the last few decades, and given the rapidly increasing supply of money funded by the Federal Reserve, many reasonably point to quantitative easing as the source of the inequality.…
Ohio State Announces Debt-Free Initiative
Ohio State University will offer undergraduate students the chance to graduate debt-free after four years under an initiative announced Friday by the school's president that includes a combination of increased scholarships, grants and paid internships. While other…
How Much Can You Expect to Pay for…
Add Christmas trees to the list of items facing shortages and higher prices this year. Several factors are driving the trend, Newsday reported, including over-the-top sales last year during the first Christmas during the COVID-19 pandemic and supply chain issues this…
Farm Bureau Says Thanksgiving Will Cost 14% More…
In another sign of how inflation under the Biden administration is crippling the American consumer, according to the Farm Bureau’s 36th annual survey, the average cost of this year’s Thanksgiving dinner will cost a whopping…
Debt, Taxes & Printing
While many people are concerned about where the government spends its money, a bigger concern is where the money comes from in the first place. Because not all forms of income for the government are…
Homebuilding Halted Over New Issues
U.S. homebuilding unexpectedly slowed in October as builders continued to struggle with higher costs and supply shortages. Housing starts fell 0.7% last month to a seasonally adjusted annualized rate of 1.52 million, the Commerce Department said Wednesday.…