Recession Signal As Consumers Struggle To Pay Bills

France's Le Pen Says She Will Not Run In 2027 Election If Under House Arrest, Names Successor Via Remix News, In March 2025,  Le Pen was convicted on charges dating back years ago, in a move that was widely contested and seen as a highly political attempt to keep her from running in next year’s presidential election. Now, she says she has no intention of running if her ban from running is lifted, if it means she must wear an electronic tag, i.e., ankle monitor. She is also ready to place full trust in Jordan...

President Donald Trump blasted the UK and Spain for not assisting the US and Israel’s war against Iran. Trump said he ordered the Treasury to cut all dealings with Madrid.  “Some of the European nations have been helpful, and some haven’t, and I’m very surprised,” Trump said during a press conference with German Chancellor Friedrich […]

US New Home Sales Collapse By Most In 13 Years In January Despite falling mortgage rates, analysts expected December's drop in new home sales to accelerate in January... and accelerate they did... crashing a stunning 17.6% MoM (-2.7% MoM exp) - the biggest MoM drop since July 2013. This huge MoM drop dragged sales down 11.3% YoY - the worst slide in three years... Source: Bloomberg This huge drop dragged the new home sales SAAR down to its lowest since 2022, catching down to existing and pending sales... Inventories are up (Houses for sale...