Core PCE inflation remains steady at 2.8% in June, compared to the expected 2.7%
Core PCE inflation in June remained steady at 2.8% The US dollar index is hovering just below 100.00. According to a report from the U.S. Bureau of Economic Analysis, annual inflation in the U.S. rose from 2.4% in May (which was revised from 2.3%) to 2.6% in June. This figure surpassed market predictions, which were […]
European Economy Increased by Only 0.1% in June
European Economy Grows Slightly Amidst Tariff Concerns Frankfurt, Germany (AP) – In the second quarter of the year, from April to June, the European economy saw minimal growth. Efforts to ship products before the onset of new U.S. tariffs have ceased, resulting in a downturn in production in Germany, which is the largest economy in […]
Paris Hilton’s $63M house purchase topped US home sales in June
Paris Hilton Makes a Major Real Estate Purchase In June, Paris Hilton and her husband, Carter Reum, marked a significant milestone in the US real estate market by purchasing Mark Wahlberg’s former mega-mansion for a staggering $63 million. This impressive Beverly Hills estate, among other high-priced transactions in California, secured a spot on Redfin’s list […]
Trump Achieves New Daily Low in Migrant Arrests – 88 Arrests on July 20, Compared to 112 in June
Record Low Migrant Arrests Reported Officials are highlighting yet another record low for the number of migrants arrested after illegally crossing between ports of entry. On July 20th, Border Patrol reported encountering only 88 immigrants, a decrease from the previously set low of 112 just a month earlier. The US Customs and Border Protection shared […]
Trump Achieves Highest Border Security Ever — June Migrant Arrests Decrease by 15 Percent from Previous Record
Record Low Immigrant Encounters at US-Mexico Border The Trump administration has reportedly met its goal of securing the US-Mexico border, achieving new records for the lowest number of immigrant encounters. According to the June Southwest Land Border Encounter Report from US Customs and Border Protection, the number of immigrant encounters is set to decline even […]
Democrats lag significantly behind Republicans in June fundraising totals.
Republicans Outpace Democrats in June Fundraising In June, Republican fundraising nearly doubled that of Democrats. This discrepancy comes as Democrats are grappling with potential losses in 2024 and internal divisions, as outlined by reports from Hill and Fox News Digital. The Republican National Committee (RNC) raised approximately $16.2 million, significantly higher than the Democratic National […]
Task Force Established in Houston Following Arrest of 1,400 Criminal Immigrants in June
New Task Force Tackles Cross-Border Crime in Houston HOUSTON, Texas – Immigration and Customs Enforcement (ICE) and the FBI have launched a new Homeland Security Task Force in Houston aimed at addressing emerging threats posed by cross-border criminal organizations in southeastern Texas. This initiative comes on the heels of nearly 1,400 arrests made in the […]
Home construction increases slightly in June after reaching a 5-year low
After reaching its lowest level in five years in May, new home construction saw a slight uptick in June. This marks the lowest construction rate since the onset of the coronavirus pandemic. The Department of Commerce reported an annual rate of 1.32 million new homes, seasonally adjusted, for June. While this represents an increase of […]
Egg Prices Decreased by 19.8% in June, a 61% Drop Since February
Egg Prices Drop Significantly in June Egg prices saw a significant decline in June, marking the third drop in just four months, with prices falling over 20% this time. According to the Labor Ministry, the fresh egg price index decreased by 19.8% from the previous month. Earlier this year, prices had dropped by 21.3% in […]
Inflation Was Completely Absent in June
Producer Prices Show Stability Despite Expectations The prices that American companies received for their goods and services in June didn’t align with expectations that tariffs might push inflation higher in the U.S. economy. On Wednesday, the Labor Department reported that the producer price index (PPI) remained unchanged in June compared to May. Economists had anticipated […]