Apollo Picks Austin Over New York As Wall Street's Migration South Continues

Our World 'Is Coming Apart Now... In Astounding Ways' Authored by James Howard Kunstler, Cookery For All “We’re only cooked if we accept it.” - Blaine Holt on “X” They don’t call economics the dismal science for nothing. It has been noted - since Thomas Carlyle minted the term in 1849 (objecting to the emancipation of black slaves on Britain’s colonial sugar plantations as a harm to productivity) - that attempts to manage the billion-footed transactions of human beings always find a way to bite back. But how can this creature we call society not try to regulate its affairs, with evils...

The drama over the Strait of Hormuz escalated on Wednesday with Donald Trump declaring the MoU with Iran is dead and vowed more attacks on Iran. Trump continues to insist that Iran has no right to interfere with any ship trying to transit the Strait of Hormuz, but the fact is that Iran is acting […]

Lowe's CEO Warns Housing Market "Most Difficult" Since Financial Crisis As DIY Project Demand Crumbles Home improvement retailers such as Home Depot and Lowe's warned this week that consumers remain reluctant to splurge on big-ticket home improvement items, as elevated mortgage rates, high home prices, energy inflation, weakening sentiment, and broader macroeconomic uncertainty weigh on demand. Let's begin with Home Depot, which on Wednesday reported mixed first-quarter results. At the same time, management said on the conference call that it is not expecting a "marked improvement in underlying demand." Bernstein analyst Zhihan...