New Home Sales Unexpectedly Plunged In May As Prices Surged

US Q4 GDP Growth Cut In Half To Just 0.7% After Revision While it's useless most of the time, and especially so when the US has just entered war throwing a wrench into the entire economic calculus, moments ago the BEA reported that Q4 GDP in the US was slashed by half after the 1st revision of data: instead of 1.4%, the US grew just 0.7% in the last quarter of 2025 (0.660% to be precise), and far below estimates of a 1.4% print. It was also the lowest GDP...

House Panel Subpoenas Far-Left Groups Linked To China-Based Marxist Financier Neville Singham The House Ways and Means Committee has subpoenaed the People's Forum, a New York-based far-left NGO; BreakThrough News, a far-left propaganda media outlet; and Tricontinental: Institute for Social Research, which can be described as anchored in "national liberation Marxism." These organizations are part of a broader investigation into more than $39 million in funding linked to Marxist China-based tech financier Neville Roy Singham, who has pushed for revolution in America. Here are some sights and sounds from today’s “Hands...