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US Housing Starts Plummet In July, Near COVID Lows After Housing Starts exploded higher in June (driven by a massive rebound in multi-family units), July was expected to see a reflexive decline of 5.9% MoM... ...things were considerably worse, with US Housing Starts plunging 12.4% MoM (the third major monthly drop in four months)... On the other hand, the more forward-looking Building Permits (preliminary for July) rose 5.0% MoM (well above the 0.6% MoM expected), after two months in a row of declines. On a SAAR basis, Starts at back near post-COVID lows...

Trump Orders Signs Outside Smithsonian Museum To Warn Of Inaccurate Exhibits Authored by Aldgra Fredly via The Epoch Times, President Donald Trump issued an executive order on July 24 directing signs to be placed outside one of the Smithsonian Institution’s history museums warning visitors that some exhibits contain inaccurate information. The order references a July report by the White House Domestic Policy Council, which alleges that the National Museum of American History “cannot be trusted to tell America’s story honestly and in a way that is inspiring, unifying, and worthy of our...

Israeli Prime Minister Benjamin Netanyahu has said that the US-Israeli war against Iran is “not over,” pointing to the fact that Iran still has its stockpile of enriched uranium and maintains its ballistic missile program. “I think it accomplished a great deal, but it’s not over,” Netanyahu said when asked if the conflict was over […]