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Real News, Real Time

Hamas Accepts Proposed Deal for Cease-Fire and Hostage Release
Posted inWorld

Hamas Accepts Proposed Deal for Cease-Fire and Hostage Release

USNN World Newsby USNN World NewsAugust 19, 2025August 19, 2025
More Than 460 Arrests Made Since Federal Takeover of DC Policing
Posted inNational News

More Than 460 Arrests Made Since Federal Takeover of DC Policing

USNN World Newsby USNN World NewsAugust 19, 2025August 19, 2025
Mining Giant BHP Says Commodity Demand From India, China Strong Amid $10.2 Billion Profit
Posted inBusiness

Mining Giant BHP Says Commodity Demand From India, China Strong Amid $10.2 Billion Profit

USNN World Newsby USNN World NewsAugust 19, 2025August 19, 2025
6 Takeaways From Trump’s Meetings With Zelenskyy, European Leaders
Posted inWorld

6 Takeaways From Trump’s Meetings With Zelenskyy, European Leaders

USNN World Newsby USNN World NewsAugust 19, 2025August 19, 2025
Three More GOP Governors Approve Sending National Guard Troops to DC
Posted inNational News

Three More GOP Governors Approve Sending National Guard Troops to DC

USNN World Newsby USNN World NewsAugust 18, 2025August 18, 2025
Newsom Files Records Request for ICE Operation Near Redistricting Press Conference
Posted inNational News

Newsom Files Records Request for ICE Operation Near Redistricting Press Conference

USNN World Newsby USNN World NewsAugust 18, 2025August 18, 2025
Chimaev Wins UFC Middleweight Belt by Unanimous Decision
Posted inSports

Chimaev Wins UFC Middleweight Belt by Unanimous Decision

USNN World Newsby USNN World NewsAugust 18, 2025August 18, 2025
Small businesses in the United States encountered growing challenges accessing credit in June, according to Equifax’s latest small-business lending index. Lending volumes fell by 3.3 percent month over month, although they remained up by more than 2 percent from the same period in 2024, according to the report released on Aug. 18. The index’s three-month moving average jumped to 1 percent, fueled by robust lending activity volumes in April that have since eroded. Story continues below advertisement Regionally, 23 states experienced year-over-year declines in 12-month rolling lending volumes, with California (minus 10 percent), Nevada (minus 9 percent), and Georgia (minus 6 percent) leading the decline. Across industries, nominal (noninflation-adjusted) lending decreased in six of the 17 sectors tracked. Accommodation and food services experienced the sharpest decline, while construction, finance and insurance, and retail lending remained stable. Credit conditions showed signs of stabilization in the wake of President Donald Trump’s tariff agenda, the report reads. Related Stories Treasury Department Releases New Guidance Restricting Wind, Solar Tax Credits The Epoch Times Buy Now, Pay Later Is Just Credit, Not a Crisis The Epoch Times The small-business delinquency index (31 to 90 days past due) edged up by nearly 2 percent, or three basis points, from May. The index was little changed from June 2024. Additionally, the default index fell by more than 3 percent, down by seven basis points month over month. Despite national improvements, 34 states reported year-over-year increases in default rates. Maine stood out with a 35 percent spike, the highest in the country. Delinquency rates rose or held steady in five industries, with wholesale trade posting the largest monthly increase of 2 percent. In the coming months, a boost to small-business lending is expected to unfold in the third and fourth quarters. Wall Street overwhelmingly anticipates that the Federal Reserve will lower interest rates beginning in September. The Fed’s periodic Summary of Economic Projections—a survey of policymakers’ expectations for the economy and interest rates in the future—points to two rate cuts this year. The federal funds rate—a key policy rate that influences business, consumer, and government borrowing costs—has been unchanged in a target range of 4.25 percent to 4.5 percent since January. Story continues below advertisement However, although a rate cut is considered a boon for the credit industry, the report states that easing monetary policy could “exacerbate inflationary pressures.” Last week, the annual inflation rate for July came in at 2.7 percent for the second straight month, lower than the market’s estimate of 2.8 percent. However, key pipeline inflation indicators—the producer price index and import prices—topped economists’ expectations, signaling that the current administration’s trade agenda could be igniting renewed price pressures. The U.S. central bank will host its annual Jackson Hole Economic Symposium from Aug. 21 to Aug. 23, with Fed Chairman Jerome Powell delivering the keynote address on Aug. 22. Lenders Signal Optimism Despite the slowdown in small-business lending, a recent industry survey suggests that lenders remain optimistic, citing improved business conditions. The Federal Reserve in Washington on July 21, 2025. (Madalina Kilroy/The Epoch Times) The Federal Reserve in Washington on July 21, 2025. Madalina Kilroy/The Epoch Times According to the American Financial Services Association’s latest consumer credit conditions index for the second quarter, shared with The Epoch Times, the business environment was positive on balance. In the April–June period, the net increasing index—a measure spotlighting the difference between the percentage of lenders who said loan performance conditions got better and those who said they got worse—reached the highest level in the survey’s six-quarter history. In addition, 26 percent more respondents reported that funding costs improved in the second quarter than those who said they worsened. Meanwhile, 18 percent reported an improvement in the performance of their outstanding loans, compared with those who said it worsened. Despite broad-based improvements, more auto lenders reported that business conditions weakened in the second quarter than those who reported improvements. Auto lenders also anticipate weaker overall conditions over the next six months. Caution Ahead Demand for loans from commercial and industrial companies has weakened, according to the New York Fed’s Senior Loan Officer Opinion Survey on bank lending. Banks, according to the report, also found weaker demand for credit and other loans from consumers. Despite slowing credit demand, the findings indicated that credit supply through banking lending standards had not tightened significantly. Bipan Rai, managing director at BMO, said that ultimately, the latest figures reveal both the good and the bad. “Empirically, we know that a deterioration in the credit cycle is consistent with a general slowing of the real economy,” Rai said in an Aug. 11 note. “A silver lining in the [Senior Loan Officer Opinion Survey] release is that credit supply ... has not tightened materially. Typically, a slowing in the credit cycle would be more concerning if falling demand came as a result of tighter lending standards.” Although the trade situation has stabilized since the April peak of uncertainty, businesses and consumers are seeking greater policy clarity, a recent survey highlighted. The American Bankers Association’s latest credit conditions index—a quarterly outlook for credit markets—declined for the second consecutive quarter. The headline reading came in at 32.1—anything lower indicates expected deterioration—and the index fell to 35.7 for businesses and 28.6 for consumers. Trade negotiations and passage of the One Big Beautiful Bill Act have offered some reassurance, but tariff-related uncertainty is still a headwind for credit conditions and the broader economy, according to Sayee Srinivasan, the association’s chief economist. “'Hard data’ suggest the economy remains on solid footing, but consumer and business sentiment indicate that policy uncertainty remains elevated and is causing some firms and households to adopt a cautious approach to hiring, spending and investment,” Srinivasan said in the report. The White House recently imposed higher reciprocal tariffs, ranging from 10 percent to 50 percent, on almost 70 U.S. trading partners. The president is expected to announce tariffs on imports of chips, semiconductors, and pharmaceuticals soon. Story continues below advertisement Still, small-business optimism has improved and is above the National Federation of Independent Business’s long-term average. Bill Dunkelberg, the group’s chief economist, said that uncertainty persists but business owners are “reporting more positive expectations on business conditions and expansion opportunities.”
Posted inBusiness

Small-Business Lending Faces Mixed Signals Amid Economic Shifts

USNN World Newsby USNN World NewsAugust 18, 2025August 18, 2025
Dozens of Democrat-Led States Sue Trump Admin for Tying Crime Victim Funds to Immigration Enforcement
Posted inImmigration

Dozens of Democrat-Led States Sue Trump Admin for Tying Crime Victim Funds to Immigration Enforcement

USNN World Newsby USNN World NewsAugust 18, 2025August 18, 2025
North Carolina County Declares State of Emergency as Hurricane Erin Intensifies Again
Posted inWeather

North Carolina County Declares State of Emergency as Hurricane Erin Intensifies Again

USNN World Newsby USNN World NewsAugust 18, 2025August 18, 2025
Trump to Host High-Stakes Meetings With Zelenskyy, European Leaders
Posted inWorld

Trump to Host High-Stakes Meetings With Zelenskyy, European Leaders

USNN World Newsby USNN World NewsAugust 18, 2025August 18, 2025
Wall Street Review: Stocks Reach Highs Despite Inflation, Rate Concerns
Posted inEconomy

Wall Street Review: Stocks Reach Highs Despite Inflation, Rate Concerns

USNN World Newsby USNN World NewsAugust 17, 2025August 17, 2025

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NATIONAL NEWS

  • Ken Starr: Evidence against Trump ‘not even close’ to overwhelmingKen Starr: Evidence against Trump 'not even close' to overwhelming
    By Julia Musto | Fox News Former Independent Counsel Ken Starr said Wednesday that the evidence House Democrats have in the case to impeach President Trump is “not even close” to overwhelming. Appearing on “America’s Newsroom” with ...
  • Republicans Have Added 600,000 More Donors, $10 Million During ImpeachmentRepublicans Have Added 600,000 More Donors, $10 Million During Impeachment
    By Jack Phillips House Democrats are preparing to make President Donald Trump the third president in U.S. history to get impeached, but Republicans and Trump ...
  • Liz Cheney: Dems have ‘abdicated their duty to the Constitution’ and will pay a price with votersLiz Cheney: Dems have 'abdicated their duty to the Constitution' and will pay a price with voters
    By Joshua Nelson | Fox News House Republican Conference Chair Liz Cheney, R-Wyo., blasted the House Democrats’ impeachment of President Trump on Wednesday, arguing that their case will be on record as the ...
  • Paul Manafort’s state fraud charges dismissed, New York judge cites double jeopardyPaul Manafort's state fraud charges dismissed, New York judge cites double jeopardy
    By Stephen Sorace | Fox News A New York judge has dismissed a state mortgage fraud indictment against Paul Manafort, President Trump’s former campaign chairman, citing double jeopardy laws. Manafort, 70, was previously sentenced ...
  • Pete Hegseth: Dems are really impeaching the American people — ‘they think you’re dumb’Pete Hegseth: Dems are really impeaching the American people -- 'they think you're dumb'
    By Julia Musto | Fox News House Democrats are really impeaching the millions of people who elected President Trump in 2016, “Fox & Friends: Weekend” co-host Pete Hegseth said Wednesday. Appearing on “Fox & Friends” with hosts Steve Doocy, ...
  • Ingraham rips Pelosi’s ‘three-ring flop’: Americans ready for ‘circus’ to leave townIngraham rips Pelosi's 'three-ring flop': Americans ready for 'circus' to leave town
    By Joshua Nelson | Fox News In her opening monologue Tuesday, Laura Ingraham compared the House Democrats’ impeachment push against President Trump to a “circus,” laying out why she believes House Speaker Nancy Pelosi, ...
  • Democrat House members prepare to strap political NOOSES around their own necks in impeachment fiasco based entirely on fabricated thought crimesDemocrat House members prepare to strap political NOOSES around their own necks in impeachment fiasco based entirely on fabricated thought crimes
    By Mike Adams (Natural News) Now we arrive at the eve of one of the most grotesque abuses of power ever witnessed in the history ...
  • Trump tells Pelosi in blistering letter that Dems are ‘declaring open war on American Democracy’Trump tells Pelosi in blistering letter that Dems are 'declaring open war on American Democracy'
    By Gregg Re | Fox News President Trump, in a blistering, no-holds-barred six-page letter Tuesday to House Speaker Nancy Pelosi, D-Calif., lambasted the Democrats’ impeachment inquiry as an “open war on American Democracy,” ...
  • Rudy Giuliani says he was key player in Yovanovitch ouster, has proof of Dem impeachment a ‘cover-up’Rudy Giuliani says he was key player in Yovanovitch ouster, has proof of Dem impeachment a 'cover-up'
    By Charles Creitz, Edmund DeMarche | Fox News Rudy Giuliani, a personal attorney for President Trump, said Monday that he played a key role in forcing ex-U.S. Ambassador to Ukraine Marie Yovanovitch from ...
  • Trump Energizes GOP, Optimism for Winning Back House Despite Demographic TrendsTrump Energizes GOP, Optimism for Winning Back House Despite Demographic Trends
    BY MASOOMA HAQ Republicans are optimistic about winning back in 2020, districts that they lost to House Democrats after the 2018 elections, but President Trump won in ...
  • Impeachment Backfiring Badly — 2nd Dem Leaves Party in Less Than 24 Hours, More Will FollowImpeachment Backfiring Badly — 2nd Dem Leaves Party in Less Than 24 Hours, More Will Follow
    By Dean Garrison DCDirtyLaundry.com Another one bites the dust. Pelosi, Schiff and Nadler are doing more to destroy their own party than President Trump could ever ...
  • On cusp of impeachment, Trump ends year with spree of accomplishmentsOn cusp of impeachment, Trump ends year with spree of accomplishments
    By Ronn Blitzer | Fox News A striking scene is playing out in Washington as 2019 comes to a close. While Democrats move swiftly toward President Trump’s likely impeachment, the president ...
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