Independent thinking for complex markets and current events
New York City’s Rent Guidelines Board voted 7-1 to freeze rents for nearly one million rent-stabilized apartments beginning this October. Supporters say it will give tenants relief from rising living costs. But the vote does nothing to solve the basic problem that created today’s housing crisis. New York still does not have enough homes. Freezing …
Brits must brace for energy RATIONING as Middle East chaos causes shortages, ex-No10 expert warns https://t.co/wcNsfx6Ee3 — Daily Mail (@DailyMail) March 16, 2026 Brits were today warned they must brace for energy rationing as the Middle East crisis continues. Former No10 energy expert Nick Butler said the effective closure of the Strait of Hormuz by …
Walmart and other major retailers are reporting price increases on thousands of everyday items, and Americans are feeling it every time they walk into a store. From groceries to clothing to household essentials, the cost of living continues to climb while wages stay the same. In this video, we take a closer look at what’s …
HOMESICK? DHS is offering a HUGE incentive for illegal aliens to leave now — receive $2,600 and a FREE flight home if you remigrate using the CBP Home app. Leave now. Avoid the discomfort of not knowing WHEN we’re going to arrest you.https://t.co/YGo3uuNvrE pic.twitter.com/i1Y1ym5l1h — Homeland Security (@DHSgov) January 29, 2026
Microsoft $MSFT rolling out absolutely insane price increases +43% for Microsoft 365 personal subscriptions pic.twitter.com/7AEnZzCOp6 — Wagie Capital (@WagieCapital) December 13, 2025 $6.99 → $9.99 per month for Personal plans $69.99 → $99.99 per year for annual plans Microsoft says the hike is tied to bundling Copilot AI into the base subscription https://www.tomshardware.com/software/microsoft-office/microsoft-365-sees-43-percent-price-hike-thanks-to-copilot-existing-customers-safe-until-renewal https://learn.microsoft.com/en-us/answers/questions/5420345/microsoft-365-43-price-increase …
by confoundedinterest17 Every time the government tries to make housing more affordable, they make the problem worse. Some people should rent and not fall for the government’s latest folly, the 50-year mortgage. True, the 50-year mortgage would lower the monthly payment by several hundred dollars (see the following example where the monthly payment falls from …
MSNBC: “Appliances saw an over 48% increase in price, and 29% increases in prices for toys and games.” pic.twitter.com/ykYJUzzEze — Spencer Hakimian (@SpencerHakimian) October 13, 2025 According to the bombshell analysis, U.S. consumers are already paying 55% of the tariff costs just six months into their implementation. Trump and his minions have repeatedly claimed, despite …
by Michael Well, that was quite a shock. We just got confirmation that inflation is starting to accelerate once again. That is really bad news, because the cost of living has already been stressing people out all over the country. In fact, one recent survey found that 86 percent of Americans are stressed out about grocery prices. But …
“People think [weed] is going to help you sleep at night… decrease your anxiety… treat pain. None of that has been shown medically. It increases your anxiety. It doesn’t help you sleep. It doesn’t treat pain.” — @DrMarcSiegel pic.twitter.com/KPUhvXoCEz — Laura Ingraham (@IngrahamAngle) June 6, 2025
It took over 200 years for the U.S. debt to reach $12 trillion. $12 trillion is how much we added in 4 years between 2020 and 2024. We need to reign things in and get spending under control. pic.twitter.com/Y441OQNQcj — The Rabbit Hole (@TheRabbitHole) June 3, 2025 This immense level of overspending will drive America …
"I think a bill can be big or it could be beautiful. But I don't know if it could be both." Tech billionaire Elon Musk tells CBS Sunday Morning's @Pogue he was "disappointed" to see the Trump-backed "big beautiful" spending bill, which passed in the House last week. Musk said… pic.twitter.com/LUcuTaNYrs — CBS Sunday Morning …
Leading indicators suggest inflation is set to rebound: The index of prices paid by New York manufacturers jumped to 51 points in April, the highest since August 2022. At the same time, the Philadelphia manufacturing prices paid index rose to 51 points, the highest since July 2022. All while the Dallas and Kansas manufacturing prices …
Price Increases over last 4 years…CPI Medical Care: +9.5%CPI Apparel: +12.0%CPI New Cars: +19.0%CPI Used Cars: +19.6%CPI Food at home: +22.7%CPI Shelter: +24.4%CPI Food away from home: +25.1%CPI Electricity: +28.2%CPI Gas Utilities: +31.6%US Home Prices: +38.3%CPI… — Charlie Bilello (@charliebilello) January 15, 2025 BLS reports inflation accelerated to 4.8% annualized. They're handing Trump a lit …
Desperately trying to recoup their 2024 losses. — Bill -_- (@UbiquitousGDM) January 7, 2025
It will surpass 37T before Jan 20 h/t Abrevaderci
Even though the CPI is not a true picture for grocery items. Most Americans have seen price of milk, cereals, vegetables, poultry and meat products double in last 4 years. Yet the wage increases depict a fairly accurate picture above. So isn’t it fair to increase minimum wage to match the true inflation to atleast …
If you work in a corporate job, just be aware, your performance doesn’t matter. Your raise was decided by the budget committee. If you want to see a big increase in pay you have to jump to another company. That’s true and has been for some time. You are on a bell curve. Jack Welch …
TL;DR: The Megabanks Are Winning the Fight Against Stronger Capital Requirements Dimon and McHenry: These two powerful figures, representing JPMorgan Chase and the House Financial Services Committee, respectively, are actively working to weaken proposed capital requirements for large banks. Derivative Risk: Megabanks have a history of risky derivative trading, as evidenced by JPMorgan’s $6.2 billion loss in …
Some states are set to see a 50% increase in car insurance rates before the end of the year. And if you are lucky enough to dodge that you’re still probably gonna be looking at a 20 to 30% increase if you don’t live in one of these states. Pretty much no matter where you …
These small changes are statistical noise. Price trend is still up and that will accelerate after the September cut. — The Greatest Degeneration (@1Aerosavant) August 15, 2024
CHARLOTTE, NC – Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.26 per share, up $0.02 from the prior quarter. The dividend is payable on September 27, 2024 to shareholders of record as of September 6, 2024. The Board also …
At the same time, your PROPERTY TAXES Double and Triple Along with your INSURANCE and Interest rates skyrocket. BOOM! Watching Biden promise that he'd limit rent increases to $55 is painful – I can't help but think he knows he's reading it wrong but is paralyzed. pic.twitter.com/LElADjFm99 — @amuse (@amuse) July 17, 2024 So in …
Prior to the pandemic, less than 2% of callers were asking for utility assistance, but in the last year that percentage has grown to 8.2%, according to Eden I&R data. Oakland made up 40% of the calls to 211, with Black and Latino individuals and single parents making up the majority of the callers. Female …
Allstate is seeking an increase in its California homeowners insurance premiums by an average of 34%. According to the California Department of Insurance, the Allstate homeowners filing was received by the Department on April 14, 2023. The initial rate request was 39.6%. Consumer Watchdog petitioned to intervene in July 2023. In January of this year, …
One of the best quotes regarding economics & money IMO… pic.twitter.com/Pj4zqWlYXL — John Haar (@john_at_swan) July 2, 2024 During World War I and World War II, the UK indeed faced significant increases in its national debt. In 1914, the debt stood at £650 million, but by 1919, it had surged to a staggering £7.4 billion. Similarly, during World …
Average asking rents in Canada reach record $2,202 CAD in May, per the Toronto Star. — unusual_whales (@unusual_whales) June 13, 2024 Here are the key points from the report on average asking rents in Canada for May 2024: The average asking rent for a home in Canada hit a record $2,202, up 9.3% from a …
Lol, of course they revised the PPI numbers to be worse for the last four months in a row. Of course they did. The headline is all that they need today to make the markets go green. They’ll tell you the truth two months from now. — Uncle Milty’s Ghost (@his_eminence_j) June 13, 2024
Salaried employees who work long hours for low pay aren’t finding much sympathy among Republicans on Capitol Hill. GOP lawmakers filed a resolution in Congress on Wednesday that would block the Labor Department from extending overtime protections to millions of salaried workers, a key workplace reform pursued by President Joe Biden. Under federal law, only …
