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U.S. Jury Finds Realtors Liable For Inflating Commissions, Awards $1.78 Billion In Damages

November 2, 2023 RickMad Comments Off

CNBC.com: A U.S. jury on Tuesday found the National Association of Realtors and some residential brokerages, including units of Warren Buffett’s Berkshire Hathaway, liable to pay $1.78 billion in damages for conspiring to artificially inflate commissions […]

Overheated Real Estate Market Begins to Cool

August 16, 2021 Alyssa Comments Off

NYTimes.com: Supercharged by tight inventory and pent-up demand, home prices continued to rise in July, but at a slower rate. The pandemic created a frenzied real estate market in much of the United States that […]

Economy

As Inflation Soars, The Federal Reserve Is Set To Announce Another Interest Rate Hike

PBS.org: Conflicting signs about the health of the U.S. economy have thrust the Federal Reserve into a difficult spot. With inflation raging at a four-decade high, the job market strong and consumer spending still solid, [...]
Election News

Biden Vows to Hike Corporate Taxes on ‘Day One’ of His Presidency

Fox Business: The former vice president has vowed to raise the corporate tax rate from 21 percent to 28 percent. Democratic presidential candidate Joe Biden pledged to raise the tax rate that corporations pay on [...]
Economy

US Leading Indicators Tumble For 18th Straight Month, “Shallow Recession” In 1H24

ZeroHedge.com: The Conference Board’s Leading Economic Indicators (LEI) continued its decline in September, dropping 0.7% MoM (worse than the 0.4% decline expected). Advertisements The biggest positive contributor to the leading index [...]
Cryptocurrency

Price analysis 10/6: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI

Cointelegraph.com: Bitcoin (BTC) skyrocketed above the $1 trillion market capitalization on Oct. 6, pulling the total crypto market capitalization close to $2.3 trillion. This marks a complete 100% recovery from the June [...]
Economy

Economic Growth Outlook: The Slowdown Continues

SeekingAlpha.com: Summary Beginning with what is perhaps the best indicator of growth potential in the real economy, as opposed to just the financial economy, the G3 credit impulse is now [...]
Inflation

Peter Schiff: The Government Is Lying About Inflation

SchiffGold.com: The CPI has cooled in recent months, but Americans say they’re still struggling with rising prices and they’re worried about inflation. Why is there this dichotomy between people’s perceptions and the [...]