Home Prices Surged At Record Pace In March
Home prices jumped 20.6% in March over the year before according to the S&P CoreLogic Case-Shiller national home price index. That is above the 20% rise in February and the…
Combustion Cars May Be Killed By A Wire Harness Shortage
Some believe the end of the combustion engine car may be upon us, and it may have happened because of the war in Ukraine. Supplies of wire harnesses have been…
DeLorean Is Back With A New EV
The carmaker made famous by the movie Back to the Future, is back again, this time with a new EV. The DeLorean car company has been revived with new ownership,…
The Fed To Begin Quantitative Tightening
Starting on Wednesday, the Federal Reserve will begin reducing its almost $9 trillion portfolio. This process is designed to supplement rate hikes as the Fed tries to get control of…
Phoenix No Longer Has Fastest Home Price Growth
Metro Phoenix failed to register the highest home price growth for the first time in nearly three years. Tampa Florida beat Phoenix out in March, with a 34.8% gain year…
EU Decides On Russian Oil Limits
EU member states reached an agreement on a sixth round of Russian sanctions, including new limits on oil exports, it was announced Monday. After weeks of back and forth, it…
Russia’s Biggest Bank Officially Blocked From SWIFT
Under a new set of sanctions approved by European Union officials, Sberbank, the Russian banking giant, has been officially disconnected from the SWIFT financial messaging system. European Council chief Charles…
Supreme Court Blocks Texas Law Targeting Social Media Companies
On Tuesday the Supreme Court ruled against a Texas law that would have forced social media companies to allow the posting of all viewpoints on their platforms. This is at…
Brent Crude Breaks $120 Per Barrel
The benchmark for international oil, Brent Crude, has surpassed $120 per barrel – a two-month high. West Texas Intermediate, the US benchmark, passed $116 per barrel, as both gas and…
The Largest Shareholder In America’s Gunmakers Is Blackrock
People have been surprised to learn that the single biggest investor in America’s gun manufacturers is investment giant Blackrock, a firm which is among the loudest voices on Wall Street…
