Futures Rise, Just Under Record High Ahead Of PPI Report

New York City Sheds 30,000 Jobs As Restaurants Face Mounting Financial Pressure It turns out that more suffocating regulation in one of the most aggressively regulated cities in the U.S. is not helpful to businesses...go figure...In fact, rising operating costs, bureaucratic delays and persistent inflation are putting growing pressure on New York City businesses, with restaurant owners warning that operating in the five boroughs is becoming increasingly difficult, according to MSN/NY Post. The strain is now showing up in employment figures. A new report from City Comptroller Mark Levine found that New...

Most Americans Can't Afford New Homes Most Americans can’t afford a new home. A new analysis from the National Association of Home Builders (NAHB) shows that 65% of U.S. households are priced out of newly built homes, based on current prices and mortgage rates. In some parts of the country, the situation is even more extreme. More than 80% of households can’t afford a new home, highlighting how widespread the affordability gap has become. This map, via Visual Capitalist's Dorosthy Neufeld, shows where Americans are being priced out and where barriers to homeownership are highest. Ranked:...

Here's What Andy Burnham Means For Crypto In The UK Authored by Aaron Wood via CoinTelegraph.com, Amid waning poll numbers and pressure from inside the Labour Party, Prime Minister Keir Starmer has stepped down.  During Starmer’s tenure, the government introduced a moratorium on cryptocurrency donations to political campaigns, citing concerns that crypto could become a vector for foreign influence in UK elections. Beyond the ban, the UK has charted a cautious path on crypto regulation under the Labour government.  Starmer’s departure from Number 10 has started discussions about his successor. A frontrunner has emerged...