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'2008 Called...': Philly Plans City-Subsidized Mortgages With 3% Down And No Mortgage Insurance
'2008 Called...': Philly Plans City-Subsidized Mortgages With 3% Down And No Mortgage Insurance
Philadelphia is preparing to launch a city-subsidized mortgage that lets first-time buyers put down as little as 3% and skip private mortgage insurance, with public money covering part of the interest.Called One Philly Mortgage, the program is part of Mayor Cherelle Parker's H.O.M.E. housing initiative. The city's flyer sets aside $25 million for "Low-Interest Mortgage Loans and down payments of no more than 3%," with "No Private Mortgage Insurance required." Parker described it to a special session...
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Mar 25, 2026 / Dave DeCamp
US Arms Control Official Refuses To Comment When Asked If Israel Has Nuclear Weapons
A senior US arms control official on Wednesday refused to comment when asked during a congressional hearing if Israel has nuclear weapons, maintaining the US government’s ambiguity over Israel’s undeclared nuclear arsenal. “I can’t comment on that specific question. I’d have to refer you to the Israelis on that,” Thomas DiNanno, the US undersecretary of […]
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Oct 6, 2026 / Tyler Durden
Google Plugs Into Constellation's Nuclear Reactors As PJM's "Bring Your Own Power" Era Arrives
Google Plugs Into Constellation's Nuclear Reactors As PJM's "Bring Your Own Power" Era Arrives
For most of 2026, the bear case on the US power producers could be summed up in one sentence: nobody is signing data center PPAs in PJM. Last week Amazon did. This morning Google did, too, and this one is five times bigger.
Google parent Alphabet has contracted for 3,590 megawatts of power from Constellation Energy (CEG) inside PJM, the largest US grid, the companies said on Tuesday, according to Reuters, confirming an overnight report from Bloomberg....
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Aug 7, 2026 / Tyler Durden
US Official: Hormuz Deal Is Imminent, Upon Which US Will Lift Blockade Of Iranian Ports
US Official: Hormuz Deal Is Imminent, Upon Which US Will Lift Blockade Of Iranian Ports
Summary
US official tells Reuters that US will lift blockade upon Omani deal announcement.
Bessent: Hormuz could reopen under a 30-60 day ceasefire as soon as "today or tomorrow."
Iran asserts that US & Israeli vessels remain barred until sanctions are lifted and compensation is paid.
Trump says the conflict could "end pretty soon," signaling a possible final US exit.
Iran remains defiant, pointing out it still has the leverage & can threaten Hormuz.
However, the deal could reopen oil flows...
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