Treasury Proposes Tax-Free Employer Contributions To Trump Accounts

US New Home Sales Tumbled In April As Prices Soared With Case-Shiller reporting existing home price declines in half of America's largest cities, and after two straight months of rip-roaring demand, NAR reports that New Home Sales in April tumbled 6.2% MoM (almost twice as bad as the 3.2% MoM decline expected). March's 7.4% MoM spike was revised down bigly to just +3.4%, all of which left new home sales down  Source: Bloomberg Overall, new home sales have really gone nowhere for four years... It seems lower mortgage rates did nothing to help new...

The 'Southern Front' Of The Ukrainian Conflict Is Heating Up Authored by Andrew Korybko, The most recent phase of the Ukrainian Conflict has been characterized by the “war of attrition” that the US has been waging against Russia through Ukraine after Trump decided to “escalate to de-escalate”. This has thus far taken the form of drone strikes against energy infrastructure, online retailers, and maritime shipping in the Black, Azov, and now even the Caspian Seas. It’s this last-mentioned aspect that forms the basis of the present analysis following Ukraine’s weekend strikes on targets in the Caspian. According...

Democrats Challenge Trump's Mail-In Voting Order Despite Recent SCOTUS Ruling Twenty-three Democratic attorneys general and the District of Columbia filed suit against the U.S. Postal Service on Wednesday, challenging a rule that limits who can receive an absentee ballot in the mail. They filed the complaint in the U.S. District Court for Massachusetts two days after the Supreme Court allowed President Trump’s executive order on mail-in voting to proceed while the underlying case continues. The Supreme Court ruled that the states had sued before the order’s implementation, giving them a concrete...