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Young Middle-Income Buyers Frustrated As US Home Costs Rise Faster Than Incomes
Young Middle-Income Buyers Frustrated As US Home Costs Rise Faster Than Incomes
Authored by Mary Prenon via The Epoch Times,
Stealers Wheel's 1973 hit "Stuck in the Middle with You" could well become the theme song for today's middle-income, first-time home buyers who don't qualify for affordable housing programs yet cannot afford market-rate homes.
The current housing shortage suggests pent-up demand is building among young homebuyers. Andrey_Popov/Shutterstock
The household income required to purchase a starter home, currently priced under $350,000 in the United States, has surged more than 80 percent to $78,000 from...
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Apr 20, 2026 / Tyler Durden
Kuwait Declares Force Majeure As US Seizure Of Iranian Ship Escalates Tensions
Kuwait Declares Force Majeure As US Seizure Of Iranian Ship Escalates Tensions
By Charles Kennedy of OilPrice.com
Kuwait has declared force majeure on shipments of crude oil and refined products after disruptions at the Strait of Hormuz prevented some vessels from entering the Persian Gulf.
The move comes as tensions in the Strait escalated again following the U.S. seizure of an Iranian-flagged cargo vessel in the waterway.
According to Reuters, Kuwait Petroleum Corporation has notified customers that it is invoking contractual clauses allowing it to withhold certain scheduled deliveries after the blockade hindered...
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Aug 19, 2026 / Tyler Durden
Saudis Offer To Sell Oil Near Oman, A Sign They're Sailing Dark Through Hormuz
Saudis Offer To Sell Oil Near Oman, A Sign They're Sailing Dark Through Hormuz
Saudi Arabia spent weeks finding ways around the Strait of Hormuz. Now it is starting to send tankers straight back through it.
According to OilPrice.com, Saudi Aramco resumed crude loadings from its Ras Tanura and Juaymah terminals inside the strait last week, ending a three-week gap in activity at the ports, according to Kpler and Vortexa data cited by Reuters.
Three VLCCs -- Malaysia Prosperity, Algeria Prosperity and Singapore Prosperity -- each loaded roughly 2 million barrels between August 12...
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Apr 8, 2026 / Tyler Durden
Sen. Graham Urges Congressional Iran Vote...On Approving Peace, Not War
Sen. Graham Urges Congressional Iran Vote...On Approving Peace, Not War
This is definitely in you really can't make this up(!) territory... Sen. Lindsey Graham is actually calling for a Congressional vote, but not concerning a War Powers Resolution.
Instead, he has called for Congress to review and vote on any diplomatic agreement ending the war with what he described as the "Iranian terrorist regime." That's right, the NeoCon senator from South Carolina only wants a Congressional vote on whether peace should be approved. He has remained opposed to a War Powers vote.
In a series of posts...
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