The U.S. housing market experienced a notable shift at the end of 2024, with new-home sales rising despite persistently high mortgage rates and affordability concerns. The most significant development, however, was the decline in median new-home prices, marking a potential turning point after years of soaring costs under the Biden administration.
The amount of money American adults believe they will need to save in order to retire has increased 15 percent over last year and 53 percent since 2020, according to a new survey.
The U.S. budget deficit increased 23 percent to $1.7 trillion, an increase of $320 billion, in the year after the Biden administration pushed through the Inflation Reduction Act which it claimed would close the government’s funding gap.
"As powerful as the intelligence agencies are, there is another secretive government institution that also has great ability to harm, or help, politicians: the Federal Reserve," writes Dr. Paul.
The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.
