No More Family Homes

US Home Prices Continue to Soar, Despite High Mortgage Rates

A new report from Realtor.com indicates that August home prices rose by 0.7 percent, upsetting the previous two months of year-over-year declines.

Bergman: The Current Fiscal State of our Nation is Unsustainable

Rep. Bergman emphasizes that our nation's current fiscal situation may seem dire, but it's not beyond repair if we take specific actions.

US Oil Prices Top $90 a Barrel for the First Time This Year, Sparking...

The surge is expected to push gasoline prices up even higher and worsen inflation rates across the economy that are already rising.
IRS Building

IRS Halts Pandemic-Era Small-Business Tax Break Following ‘Flood’ of Potential Fraud Claims

The agency believes over $2.8 billion in claims under investigation could potentially be fraudulent and advises businesses to pause filing.

Americans Are Making ‘Huge Mistake’ to Believe Certain ‘Booming’ Economy Narratives: Jamie Dimon

Jamie Dimon told financial conference that people who assume U.S. economy will continue to boom for years on back of consumer strength are making "a huge mistake."
President Joe Biden Ignores Easy Ways to Reduce Debt

Federal Budget Deficit Suddenly Doubles, Signaling Disaster

The GDP and labor numbers keep being revised downward and inflation is still on the march. The agencies have outright lied about the data they are reporting.

Federal Deficit to Double to $2 Trillion Even as Biden Boasts Deficit-Cutting

As Biden touted Bidenomics, fiscal policy research group warned of "unprecedented" explosion in federal budget deficit, to double to $2 trillion this year.
Labor

The Long-Term Decline in Labor Force Participation at the State Level, 1960 to 2023

Labor force participation rate — the share working or looking for work — of U.S.-born men of working-age has declined for 6 decades in nearly every state.

Efforts to Protect US Intensify Amid Global Shift From Dollar

With inflation plaguing economy as U.S. dollar at risk of losing status as global reserve currency, lawmakers are touting gold and precious metals as solution.

Fitch Downgrades US Credit Rating, Citing Erosion of Confidence in Fiscal Management

The United States has taken a major hit as Fitch Ratings has lowered its Long-Term Foreign-Currency Issuer Default Rating for the country from AAA to AA+.
Now Hiring

Job Growth Slows to 209,000 in June, Falling Below Expectations

The U.S. economy created 209,000 new jobs in June, down from a downwardly revised 306,000 in May, according to the Bureau of Labor Statistics (BLS).

‘Bidenomics’ Is Expansion of Government Intervention in Economy: Researcher

Biden’s economic policy, termed “Bidenomics,” is, in fact, government intervention in the economy reflecting a distrust of markets’ self-regulating abilities.