AI vs Affordability And Rates

"Big Tent" Backfires: Dem Rep Claims DSA Sent Her White Powder And Warned Of Impending "Civil War" U.S. Rep. Hillary Scholten (D-Grand Rapids) is getting a taste of what happens when her "big tent" party fails to curb far-left extremism within its own ranks and is consumed by Marxist revolutionaries from the Democratic Socialists of America. Here's what Scholten claims: Today, I received a threatening letter at my Grand Rapids, Michigan office that contained unidentified white powder. The letter, which claimed to be from the Democratic Socialists of America (DSA), made a direct...

DOJ, CTFC Investigating $2.6 Billion In Suspicious Iran War Oil Trades U.S. authorities are investigating more than $2.6 billion in oil futures shorts that landed within minutes of major announcements tied to the 2026 U.S.-Iran conflict. The Department of Justice (DOJ) has joined the Commodity Futures Trading Commission (CFTC) in a widening inquiry into potential misuse of material non-public information in one of the most liquid and geopolitically sensitive commodity markets on earth, ABC News reports. The trades in question involved bets that oil prices would fall shortly before major U.S. or Iranian...

Goldman's State Of U.S. Consumer Outlook Gets More Grim Goldman consumer analysts Kate McShane and Bonnie Herzog cut their 2026 discretionary cash-inflow growth forecast for the second time this year, citing a worsening squeeze on U.S. households as slower disposable income growth collides with higher fuel prices at the pump. The revision points to a softening among cash-strapped consumers as the US-Iran conflict enters its third month. McShane and Herzog cut their 2026 U.S. discretionary cash inflow growth to 3.7% from the previous forecast of 4.2% in early April, as...