by Andrew Moran | Feb 27, 2024 | Articles, Business News, Good Reads, Opinion
The United States economy is enduring an affordability crisis on many fronts, from housing to utilities to food. Bureau of Labor Statistics (BLS) data show that housing represented about one-third of consumer expenditures in 2022 and 2023, followed by transportation...
by Andrew Moran | Feb 13, 2024 | Articles, Economic Affairs News, Good Reads, Opinion
As the first anniversary of the banking meltdown looms, the US is on the brink of experiencing another bank failure. This time, meet New York Community Bank, a regional institution proving that the challenges that gripped the financial system in March 2023 have yet to...
by Andrew Moran | Jan 31, 2024 | Articles, Business News, Good Reads, Opinion
China. That’s it. That’s the joke. A flood of polling data has shown the growing popularity of communism and socialism, proving that colleges and universities are drowning in Marxist-Leninist-Maoist-Stalinist-Kimist-Castroist-Ceaușescuist literature and propaganda....
by John Klar | Jan 23, 2024 | Articles, Business News, Good Reads, Opinion
A convergence of financial pressures threatens to send shock waves through America’s commercial real estate sector in 2024. As a record number of outstanding commercial mortgages mature, refinancing at nosebleed interest rates is a daunting hurdle for investors and...
by Andrew Moran | Jan 6, 2024 | Articles, Business News, Opinion
The US real estate market is broken. The Federal Reserve slashing interest rates to zero during the coronavirus pandemic, effectively cutting mortgage rates to their lowest levels on record, had been the main factor in the housing sector’s destruction in the last few...