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Trump Says Tariff Checks Could Be Issued as Soon as Mid-2026
President Donald Trump said Monday that he wants to send tariff checks to "moderate income, middle income" Americans by mid-2026.
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Fed's Waller: Weak Job Market Justifies Rate Cut in December
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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DMVs Sell Your Data for Millions-You Get Nothing
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
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
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
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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Trump's 50-Year Mortgage Plan Is a Home Run
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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Tampa Now #1 in Nation for Foreclosures
While hurricane season draws to a close, Tampa's housing market is facing its own storm.Newly released data shows the city has surged to the highest foreclosure rate of any major U.S. metro, making it the country's new epicenter for distressed properties, the Daily Mail...
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Elephants in the Room: The Commercial and Consumer Credit Risks Amid Surging Asset Bubbles
President Trump and Congress need to pass legislation capping the interest rates that financial institutions charge consumers. If financial institutions need to borrow money from the Federal Reserve at the discount window, the interest rate would be 4% or lower.
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USPS Calls for Overhaul as Annual Loss Hits $9B
The U.S. Postal Service said on Friday it was seeking new administrative and legislative reforms as it reported a $9 billion yearly loss, slightly wider than the loss in the prior fiscal year.
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Fed's Logan: Hard to Support December Rate Cut
Dallas Federal Reserve President Lorie Logan Friday again signaled she would oppose an interest-rate cut in December, after also opposing the Fed's rate cut in October, because of her concern that inflation is too high, trending upward, and taking too long to get to the...
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Climate Circus COP30: Capital Bazaar & Moral Rejuvenation
From November 10 to 21, the latest climate summit, COP30, is taking place in Belém, Brazil - a global stage for fighting what is labeled the "climate-damaging gas" carbon dioxide.
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NYC: Bigger, Better, Far Greater Than Mamdani
Mamdani must engage with business leaders, corporations, and taxpayers who fund the budget that drives our city, showing respect. New York is more than 400 years old and will endure long after Mamdani's brief tenure. If he fails to respect this remarkable opportunity, it's his loss.
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The Terrible Price of the Climate Change Scam
Former Vice President Al Gore may be the only American to have profited from climate alarmism. His book and film made him a multi-millionaire. He used his wealth to purchase homes. His high energy consumption is at odds with his climate sermons.
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Fed's Schmid: Inflation Too Hot, Policy Where It Should Be
Kansas City Federal Reserve President Jeffrey Schmid Friday said his concerns about "too hot" inflation go well beyond the narrow effects of tariffs alone, in fresh remarks that signaled he could dissent again at the Fed's December meeting should policymakers opt to cut...
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China's Factory Output, Retail Sales Worst in a Year
China's factory output and retail sales grew at their weakest pace in over a year in October, piling pressure on policymakers to revamp the $19 trillion export-driven economy as mounting supply and demand strains threaten to further curtail growth.
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Airlines Reduce Flight Cuts for Friday Despite 6% FAA Order
U.S. airlines have cut far fewer flights for Friday than the requirement that they cut 6% of domestic flights at the 40 busiest American airports, according to aviation analytics firm Cirium and airline officials.
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S&P: Corporate Bankruptcies to Hit 15-Year High
Large U.S. corporate bankruptcies are on pace to hit their highest level in 15 years, S&P Global data showed Thursday, underscoring mounting stress across corporate America at a sensitive time for public market investors.
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Trump Administration OKs Oil, Gas Drilling in Alaska Wildlife Refuge
The Trump administration on Thursday finalized plans to open the coastal plain of Alaska's Arctic National Wildlife Refuge to potential oil and gas drilling, renewing a long-simmering debate over whether to drill in one of the nation's environmental jewels.
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Fed's Hammack: Restrictive Monetary Policy Needed to Cool Inflation
Cleveland Federal Reserve President Beth Hammack said Thursday monetary policy needs to remain in a position where it can help lower inflation pressures, suggesting she leans against the U.S. central bank cutting interest rates again in the near future.
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Hassett: No Unemployment Data for October
Data on the U.S. unemployment rate for October may never be available after the weeks-long federal government shutdown, White House economic Adviser Kevin Hassett said Thursday as federal workers returned to work.
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Odds of Fed Rate Cut in December on Knife's Edge as Hawks, Doves Face Off
Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve policymakers are signaling reticence on further easing, helping push financial market-based odds of a...
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Fed's Daly: Balance of Risks Slightly Higher With Jobs
San Francisco Federal Reserve President Mary Daly Thursday said the risks to the Fed's two goals are balanced now that the Fed has cut interest rates twice so far this year, though if anything, is slightly tilted to labor-market risks.
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HUD Secretary Scott Turner to Newsmax: Trump Housing Policies Driving Down Rates
The Trump administration is weighing longer-term mortgages, including 50-year loans, to improve affordability as rates fall, HUD Secretary Scott Turner told Newsmax on Wednesday.
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Sen. Bill Cassidy to Newsmax: Subsidies Mask Obamacare Flaws
Sen. Bill Cassidy, R-La., told Newsmax on Wednesday that the problems plaguing Obamacare have once again been laid bare, this time by Democrats themselves during the recent government shutdown.