Mortgage rates have plummeted to their lowest levels in over a year, offering a significant advantage for prospective homebuyers. This development could also serve as a much-needed boost for Democrats, who are looking for positive economic news to highlight in the lead-up to the upcoming election. Housing An Underappreciated Election Issue Housing remains an underappreciated […]
Recent market turmoil, fueled by US recession fears, has seen a global equity sell-off, spurred by concerns regarding the health of the US economy. Investors have reacted sharply to a disappointing jobs report and an increasingly evident economic slowdown. Stock prices took a dive as many criticized the US Federal Reserve for maintaining high interest […]
EIA reports decline in oil The U.S. EIA warns of declining oil demand due to China’s economic slowdown. Global crude consumption is projected at 104.5 million barrels daily. This is a 200,000-barrel reduction from earlier estimates. Demand growth for next year is now expected at 1.6%. The report highlights significant shifts in the global oil […]
Kamala Harris’ swift ascent as a prominent figure in the Democratic ticket is reigniting the party’s dwindling support among low-income Americans. This critical voter bloc, pivotal to Joe Biden’s 2020 victory, has faced declining enthusiasm amidst rising living costs. With just over three months until the election, Harris faces the challenge of overcoming the widespread […]