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HomeU.S Market

U.S Market

Inflation

Rent Control Is The Wrong Solution For Housing Affordability

September 16, 2023 Mariel Alumit

Authored by Patrice Onwuka via RealClear Wire, My family moved to the United States from the Caribbean in 1985. About eight years later, my parents saved enough to purchase a two-family home in the quiet […]

inflation
Finance

Here’s the inflation breakdown for August 2023, in one chart

September 14, 2023 Mariel Alumit

The August 2023 consumer price index rose 3.7% on an annual basis, the U.S. Bureau of Labor Statistics said Wednesday. The increase was mostly attributable to a spike in gasoline prices in August. That increase […]

Finance

Despite Federal Tax Hikes, Revenues Are Way Down – Here Are 5 Reasons Why

September 12, 2023 Mariel Alumit

Authored by Preston Brashers via The Epoch Times, Just because the government raises taxes, doesn’t necessarily mean it will raise more revenues. The Biden administration is discovering that the hard way. In August 2022, President […]

budget
Finance

U.S. budget deficit will double this year to $2 trillion, excluding student loans, CBO says

September 12, 2023 Mariel Alumit

The U.S. federal budget deficit will double from $1 trillion last year to $2 trillion this year, when President Joe Biden’s unsuccessful plan to forgive student loans is excluded, according to a new estimate from […]

US Dollar
Finance

$7.6 trillion of US government debt will mature in the next year, adding pressure on rates – Pork Spending Costs the U.S. Consumers

September 9, 2023 Mariel Alumit

A whopping $7.6 trillion in interest-bearing US public debt will mature within a year, Apollo’s chief economist said. That represents 31% of all outstanding US government debt, adding upward pressure on rates. That’s still below […]

SEC
Finance

The SEC Targets Private Capital

September 7, 2023 Mariel Alumit

The Securities and Exchange Commission has finalized rules that will overhaul how the $27 trillion private fund industry—including private equity, hedge funds and venture capital funds—deals with investors. Last week six trade groups sued the […]

Climate Crisis

Arson Confirmed as the Cause of Louisiana’s Largest-Ever Wildfire in History

September 4, 2023 Mariel Alumit

State officials announced yesterday that the devastating wildfire that ravaged over 33,000 acres in Louisiana — the largest in the state’s history — was caused by arson. Louisiana has been facing an unprecedented wildfire crisis, […]

Energy Crisis

Biden administration changes Trump-era rule, will ban liquefied natural gas on trains – Let’s compromise and use pipelines.

September 3, 2023 Mariel Alumit

Sept. 1 (UPI) — U.S. President Joe Biden has reversed a Trump-era amendment to hazardous materials regulations that allowed liquified natural gas to be transported by rail. The Pipeline and Hazardous Materials Safety Administration and Federal Railroad Administration […]

Climate Crisis

Should we embrace nuclear energy to solve the climate crisis?

September 2, 2023 Mariel Alumit

Green Century’s Leslie Samuelrich isn’t sure there are satisfactory reasons to include nuclear in ESG funds Even though I knew for months that an ESG firm was thinking about removing its exclusion on nuclear power producers, I […]

debt
Finance

US debt explosion may force the Fed to halt a key tightening campaign so the financial system doesn’t become unstable

August 28, 2023 Mariel Alumit

The Treasury’s deluge of T-bills could force the Federal Reserve to halt quantitative tightening. That’s as the debt binge may pressure bank reserves, economists at the St. Louis Fed wrote. The Treasury has issued $1 […]

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