Article
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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Apr 16, 2026 / Tyler Durden
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Summary
US Navy: vessels seeking entry into Hormuz Strait now fair game for boarding, search, and outright seizure - including for suspicion of 'contraband'.
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Apr 30, 2026 / Tyler Durden
Fidelity, Vanguard Halt Donations To SPLC After Federal Indictment
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Fidelity and Vanguard have stopped processing donations to the Southern Poverty Law Center through their donor-advised fund platforms, citing the organization’s recent federal indictment on fraud charges.
The moves came April 29, eight days after a federal grand jury in Alabama indicted the SPLC on 11 counts of wire fraud, false statements to a bank, and conspiracy to commit money laundering. Prosecutors allege that between 2014 and 2023 the group secretly funneled more than $3 million in donor funds to individuals affiliated...
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Apr 14, 2026 / Dave DeCamp
Italy’s Meloni Halts Renewal of Military MoU With Israel
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