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The Most Splendid Housing Bubbles In America

The Most Splendid Housing Bubbles In America Authored by Wolf Richter via Wolf Street, In 27 of the 33 big and expensive cities we track here, mid-tier home prices in March were down from their respective peaks in prior years, led by Austin (-26%), Oakland (-25%), and New Orleans (-19%). Now also filtering into these mid-tier home prices is the “mansion shortage” in San Francisco, the epicenter of the AI investment bubble. Total employment in the city dropped and the unemployment rate ticked up. But a relatively small number of super-highly paid...
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Jun 15, 2026 / Dave DeCamp
Historic Ukrainian Cathedral Damaged During Heavy Russian Bombardment
A historic cathedral was damaged in Kyiv on Monday during a major Russian drone and missile attack on the Ukrainian capital as the war between Russia and Ukraine continues to escalate. Photos and videos show the Dormition Cathedral of Kyiv-Pechersk Lavra, also known as the Monastery of the Caves, on fire during the Russian attack. […]
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Jul 23, 2026 / Tyler Durden
The Digital Euro's New Chapter
The Digital Euro's New Chapter Authored by Cláudia Ascensão Nunes via the Foundation for Economic Education (FEE), For years, the digital euro was presented by the European Central Bank (ECB) merely as a modern and practical alternative to banknotes and coins. It has now been openly acknowledged that the project is intended to respond to the dominance of American payment companies. Visa and Mastercard process 61 percent of card payments in the euro area, according to the ECB’s own data, and it is this dependence that Brussels intends to break. On June 23, the European...
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Aug 1, 2026 / Tyler Durden
The State Where DOGE Is Actually Working
The State Where DOGE Is Actually Working Authored by Noah Wall via The American Mind, On July 14, the State Leadership Initiative was honored to host the Florida DOGE team and their tech partners, Vulcan, Echelon, and DigiBuild, for the Florida DOGE Showcase in Washington, D.C. Spearheaded by Governor Ron DeSantis, the state has become the leader for providing accountable and efficient governance to its citizens. Since its creation in 2025, the Florida DOGE team has identified nearly $1 billion in waste and abuse at the local government level and sent over...
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