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Cost of Iran War Not Included in Pentagon’s $1.5 Trillion Budget Request
The cost of the US war with Iran was not included in President Trump’s request for a massive $1.5 trillion military budget for 2027, according to a Pentagon budget official. “This budget was formulated, honestly, before we went into conflict with Iran,” Jules Hurst III, the Pentagon’s acting chief financial officer, told reporters on April […]
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Apr 21, 2026 / Tyler Durden
Watch Live: Kevin Warsh Faces Democratic Fire In Contentious Senate Confirmation Hearing For Fed Chair
Watch Live: Kevin Warsh Faces Democratic Fire In Contentious Senate Confirmation Hearing For Fed Chair
President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, is scheduled to appear before the Senate Banking Committee today at 10:00 a.m. ET for his confirmation hearing - his first public test in the high-stakes process to become the next chair of the central bank.
The hearing, set to take place in the Dirksen Senate Office Building Room 538 in a hybrid open session, comes less than a month before current Chair Jerome Powell’s term...
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Jun 7, 2026 / Tyler Durden
Americans' Average Monthly Mortgage Payment Tops $2000 For The First Time Ever
Americans' Average Monthly Mortgage Payment Tops $2000 For The First Time Ever
Authored by Michael Snyder via The Economic Collapse blog,
U.S. households are being financially squeezed at a level that we have never seen before. I have often said that we are in a long-term cost of living crisis that never seems to end, and that is not an exaggeration at all. Just about everything has been getting more expensive in recent years, and as a result our standard of living has been going down. In many areas of the...
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Apr 9, 2026 / Tyler Durden
Cost Of Living Dominates Many Nations' Biggest Worries
Cost Of Living Dominates Many Nations' Biggest Worries
According to Statista Consumer Insights, prices and the cost of living are considered the biggest challenge in around half of the 32 countries included in a recent survey.
This is also true for United States, where the issue ranks first among the 18 surveyed options, with 50 percent citing it as a main concern.
As Statista's Katharina Buchholz shows in the chart below, the issue is also collectively seen as the biggest problem facing Australia, Japan, Germany and Saudi Arabia.
You will find more infographics...
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