Iran Threatens Industrial Sites Across Gulf-Region After Its Nuclear & Largest Steel Plants Attacked

18 Shocking Facts That Prove The US Economy Is In Far Worse Shape Than Most People Realize Authored by Michael Snyder via The Economic Collapse blog, The economy has been the number one issue for U.S. voters for several years in a row, and it isn’t because things are good. Consumer confidence is at an all-time low, inflation is starting to accelerate once again, mass layoffs are being conducted all over the nation, and delinquencies and foreclosures are soaring. Nobody can dispute any of the facts that I am about to share...

US Pending Home Sales Rebound Off Record Lows, Despite Rising Mortgage Rates After rising in February, US Pending Home Sales were expected to continue to improve in March (+0.5% MoM) but - despite apparently rising mortgage rates - sales rose 1.5% MoM (even with February revised up to +2.5% MoM). This dragged pending home sales up to +1.8% YoY (to the highest level since Nov 2024)... Source: Bloomberg ...extending its bounce off record lows... Source: Bloomberg “Contract signings rose in March despite higher mortgage rates, pointing to pent-up housing demand,” NAR Chief Economist Lawrence...

As the war in the Middle East escalates to attacks on energy infrastructure, the White House is taking extensive measures to put downward pressure on oil prices.  Treasury Secretary Scott Bessent told Fox Business’s Maria Bartiromo on Thursday that the US had lifted some oil sanctions on Russia and could also remove some Iranian tankers […]