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Home Prices Cooled Down at Fastest Pace in ‘History of the Index’
By Naveen Athrappully U.S. home prices decelerated at a record pace in July, despite remaining elevated compared to a year back, according to S&P Dow Jones Indices. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all nine U.S. census divisions, registered a 15.8 percent gain in July 2022 compared with July…
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Hurricane Ian to Make Landfall Earlier Than Expected as 2.5 Million Evacuate in Florida
By Jack Phillips Federal officials said in a recent update on Tuesday that Hurricane Ian is expected to make landfall earlier than previously expected. The Category 3 storm is forecast to pick up in intensity on Tuesday and Wednesday before making landfall on Wednesday evening, according to the National Hurricane Center (NHC) in a 2 p.m. update on Tuesday.…
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Biden Administration’s Student Debt Relief Order Is Illegal: Lawsuits
By Zachary Stieber President Joe Biden’s administration has been hit with the first lawsuits against a recently unveiled order that would—unless blocked—cancel thousands of dollars in debt for millions of Americans. Biden, a Democrat, and Education Secretary Miguel Cardona, a Biden appointee, announced the order in August, revealing that people with student debt could receive up to $20,000 in…
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Gun Control in Tough Spot in Increasingly Well-Armed America
By Petr Svab The dream of a gun-free America has never been more ephemeral. While calls for gun control still abound, their effectiveness is thrown into question by the reality of gun ownership. And the disconnect seems to be growing. Polls suggest the majority of Americans don’t own a gun and support stricter gun laws. Gun ownership…
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Officials Issue ‘Mandatory’ Evacuation Orders Ahead of Hurricane Ian
By Jack Phillips Hurricane Ian is now a major Category 3 hurricane as it lashes the western portion of Cuba, although the storm is still forecast to strengthen further before hitting western Florida as officials have implemented mandatory evacuation orders. “This is a much different storm. [Hurricane] Charley was a lot smaller, it was powerful, it was a…
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Politicians Behind COVID-19 Vaccine Mandates Should Be Brought to Justice: Maryland AG Candidate
By Allen Zhong Politicians who enacted strict COVID-19 measures including lockdowns and vaccine mandates should be brought to justice, says Republican Maryland Attorney General candidate Michael Peroutka. “Nothing could be more on the point that all these lockdowns, mandates, orders, edicts, proclamations, declarations, whatever you want to call them, none of them were lawful. They were all violation…
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Top Senators Press Wray, Garland on FBI Paying Primary Source for Anti-Trump Dossier
By Zachary Stieber Top U.S. senators are pressing the FBI’s director and the attorney general for answers on how the government paid the primary source for the anti-Donald Trump dossier, which has been proven to be full of baseless information. Sens. Chuck Grassley (R-Iowa), the ranking member on the Senate Judiciary Committee, and Ron Johnson (R-Wis.), the top…
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One in Four Illegal Aliens Released Into US Without Registration Number: IG Report
By Charlotte Cuthbertson Border Patrol agents failed to assign an official “alien registration number” to up to one-fourth of illegal immigrants released into the United States between April and September last year, according to a new report issued by the Department of Homeland Security Inspector General (IG). An alien registration number, or A-number, is meant to be…
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Southern California Gas Prices Rise Sharply Again
By City News Service LOS ANGELES—The average price of a gallon of self-serve regular gasoline in Los Angeles County rose 11 cents on Sept. 25 to $5.80, its 23rd consecutive increase. The average price has increased 55 cents over the past 23 days, including 7 cents Saturday, according to figures from the AAA and Oil…
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Gold Plunges to a 30-Month Low on a Strong US Dollar
By Bryan Jung The price of gold fell to a 30-month low on Sept. 26, due to the growing strength of the U.S. dollar and rising Treasury yields against foreign currencies. This comes amid further prospects of aggressive interest rate hikes by the Federal Reserve and other major central banks in their fight to defeat…
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FBI Accused of Misleading Judge in Warrant Request, Unlawfully Seizing $86 Million in Private Assets
By Naveen Athrappully Recently unsealed court documents appear to show that the FBI misled a U.S. magistrate judge in its request for a warrant to seize assets from a privately owned safe deposit box store in Beverly Hills, California. The FBI began investigating U.S. Private Vaults—a store housing more than 1,000 private safe-deposit boxes—after its agents and…
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Investor Pessimism Jumps to Levels Not Seen in Nearly 13 Years
By Tom Ozimek Investors are becoming increasingly bearish on stocks as persistently high inflation has compelled the Federal Reserve to hike rates aggressively, with Bank of America analysts and the American Association of Individual Investors (AAII) both saying that investor pessimism has hit levels not seen since around the time of the financial crisis of…
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