In the week ending 17 November, the average U.S. interest rate for a 30-year, fixed-rate mortgage was 6.61 percent, the Federal Home Loan Mortgage Corp. (Freddie Mac) reported, falling from 7.08 percent the week before and plunging at the steepest pace since 1981.
In October, the number of existing U.S. homes sold declined for the ninth consecutive month, dropping by 5.9 percent from September and down 28.4 percent from a year earlier, the National Association of Realtors (NAR) reported.
Making an electric car (EV) requires 40 percent less labor than building a fossil fuel car, James Farley, Ford Motor CEO, said last week at a Detroit auto industry conference.
Kohl’s, Macy’s, and Target all reported business sagging in this year’s third quarter.
If it was a private small- to medium-sized business, its owners just might be fined by the IRS or other government agencies, or face jail time.
A recently published study raised new alarms about the viability of mankind and has some researchers wondering if the results could potentially be a “smoke signal” for larger problems.
As we have reported anti-war protests and marches for peace are minimal in the United States and when they are held, as with Gerald Celente’s Peace & Freedom Rally which featured top-name speakers and was attended by several hundred, it was blacklisted from the U.S. media. But across Europe, as we have been noting, anti-war, pro-peace demonstrations have been accelerating.
Week after week, day after day, the economic news coming out of the United Kingdom descends into direness.
France’s Foreign Ministry said Russia’s massive airstrike against Ukraine last week may be a war crime because they “deliberately” targeted civilian infrastructure and the perpetrators should be held accountable.
That was a faster turnaround than a Russian tank.
Mark A. Milley, the chairman of the Joint Chiefs of Staff, who sent a shockwave through Washington earlier this month when he said Ukraine may want to consider peace negotiations because the Ukraine War would keep dragging on, changed his tune this week and said Russia has lost.