Wall Street Skeptical Of GameStop CEO's $56 Billion eBay Takeover Bid

New Home Sales Unexpectedly Plunged In May As Prices Surged With Case-Shiller reporting existing home price declines in half of America's largest cities, New Home Sales were expected to rebound from April's ugly decline. But they didn't... at all... NAR reports that New Home Sales in May plunged 7.3% MoM (versus the 3.2% MoM rise expected). That print was below the lowest analysts forecast. April's 6.2% MoM plunge was revised up modestly to a 5.7% decline, all of which left new home sales down on a YoY basis... Overall, new home sales have really gone...

The Great Burrito Debate And The Uncomfortable Solution To Inflation Authored by Brandon Smith via Alt-Market.us Recently one of the most important debates in the history of conservative discourse raged across the internet, with sides deeply divided and solutions rare or nonexistent. This debate went largely unnoticed by the rest of the country but it regards the deepest underlying foundations of our economic future. I am speaking, of course, about the “Great Burrito Debate” of 2026. Okay, maybe I’m exaggerating about the significance but I do think this conflict taps into the core...

Lavrov Says 'Start Of Real War' Emerging As Russia Deepens Diplomatic Freeze With Germany More tit-for-tat between Russia and Germany amid a deepening diplomatic freeze related to the Ukraine war: the Kremlin announced on Monday that it is closing Germany's consulate in St. Petersburg, with operations ordered to by suspended by September 18. "It was the German authorities who, once again, provoked a new round of escalation in bilateral relations," the Foreign Ministry stated, charging that Berlin "bears full and complete responsibility" for the consequences. A prominent German culture center which has long operated...