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Financial Survival Network, Released on 7/26/21 New home sales and lumber prices both down, is housing cooling off? Home price were rising at the fastest rate ever. Housing is beyond the means of most Americans. New home sales down 6%. Inventory is spiking and lumber is tanking, wiping out all its 2021 gains. How big … Read more
by confoundedinterest17 Alarm! The real yield on U.S. 10-year debt fell to a record low as concerns mounted over the outlook for economic growth. The rate, which strips out inflation, fell almost six basis points to minus -1.269%. The move was compounded by a lack of trading liquidity, with the 10-year breakeven rate — a market proxy … Read more
by confoundedinterest17 Bitcoin surged to over $40,000 as a flurry of short-covering intensified a rally apparently sparked by speculation over Amazon.com Inc.’s involvement in the crypto industry. A job posting from the retail giant seeking an executive to develop the company’s “digital currency and blockchain strategy” stirred questions among analysts over whether the move could eventually lead … Read more
Much attention has been paid recently to bombshell allegations that Israeli-created spyware may have been used to target journalists, dissidents, and other enemies of the state. But the Pegasus scandal is a mere microcosm of the larger issue of governments using private companies for surveillance operations. On July 18, the Guardian and 16 other media … Read more
SAN FRANCISCO – The San Francisco County Transportation Authority is once again eyeing a tax on drivers in the busiest parts of the city’s downtown, and has launched a study into a so-called “congestion pricing” plan as traffic begins to pick up following 2020’s pandemic-induced lull. While the pricing plan is still three to five … Read more
Coming back to the United States after years living abroad has me a little shocked. The country is completely different from what I left behind. What has caused this dramatic change? It is clearly social media that is driving the changes and divisions we are seeing. Getting rid of things like Facebook may be the … Read more
https://twitter.com/disclosetv/status/1419749560575004673 https://twitter.com/disclosetv/status/1419705080736059393
American Airlines issued a warning to pilots on Monday about fuel delivery delays at certain midsize airports and asked them to conserve fuel whenever possible, according to CNBC. According to the carrier, supply shortages have affected airlines such as American due to a lack of truck drivers, trucks, and fuel supply. https://insiderpaper.com/american-airlines-warns-nationwide-fuel-shortages/
The combined state and federal capital gains tax rate in California would increase from the current 37.1% to 56.7% under President Biden’s American Families Plan, according to a new study from the Tax Foundation. The increase – which would include federal, state and local taxes on financial gains from the sale of assets in California … Read more