President Donald Trump said Monday that the ceasefire with Iran that began on 8 April was hanging in the balance after Iran’s response to a U.S. proposal to end the war, telling reporters that the deal is “on life support.”
Category: 12 May 2026
Post
SPECIAL REPORT: THE U.S. IS NOW AN AI ECONOMY
The U.S. economy grew by 2 percent in this year’s first quarter, missing economists’ expectations of a 2.2-percent bump in a Wall Street Journal survey.
Post
TOP TREND 2026: DOT-COM BUST 2.0
As we had forecast, one of our Top Trends for 2026 is Dot-Com Bust 2.0, and now that reality is finally hitting The Street. Indeed, as we go to press, this is a top headline article in CNBC: Bulls and bears both believe this could be 1999 all over again.
Post
GOING OUT OF BUSINESS TRENDS
The “going out of business” trend is spreading. What began as a retail-centric downturn has evolved into a broader contraction hitting restaurants, healthcare providers, manufacturers, and regional employers.
Post
MORTGAGE RATES ARE CREEPING HIGHER AGAIN
The U.S. average national interest rate on a 30-year, fixed-rate mortgage reached 6.37 percent during the week ending 8 May, rising from 6.30 percent the week before, according to the Federal Home Loan Mortgage Corp.
Post
U.S. HOME SALES FLAT IN APRIL
In April, sales of existing U.S. homes essentially did not grow above March’s total, ticking up just 0.2 percent at the beginning of what is usually the real estate’s prime selling season, the National Association of Realtors (NAR) reported. April’s sales also were flat compared to sales in April 2025.
Post
U.S. HOUSEHOLD DEBT REACHES A RECORD $18.8 TRILLION
Car loans, credit card accounts, mortgages, student loans, and other debt held by U.S. individuals climbed to a record $18.8 trillion in last year’s final quarter of 2025, an increase of $4.6 trillion from 31 December 2019, according to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit.
Post
U.S. ECONOMY ADDS A MODEST 115,000 JOBS IN APRIL, BUT…
U.S. nonfarm payrolls added 115,000 workers in April, more than twice the 55,000-consensus forecast by economists in a Dow Jones survey.
Post
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Hiring is slowing, wage growth is losing ground to inflation, and layoffs are quietly expanding across more industries.
Post
GAZA/ LEBANON DEATH TOLL
Israel has killed at least 72,737 Palestinians and wounded over 172,500 people since the start of the genocidal war in October 2023.