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Joe Biden’s campaign outspent Donald Trump 6-to-1 in June

President Biden’s reelection campaign last month saw him significantly outpace Republican presidential nominee Donald Trump in terms of campaign finances, even as the incumbent’s position in the polls deteriorated. The Biden campaign spent a lot of money. $59.4 million During June, the Trump campaign $9.9 million Spending for the month was down compared with the […]

Trump blows past Biden in June fundraising race, with July numbers expected to be worse for Democrats

Former President Donald Trump surpassed President Biden’s longtime fundraising lead, according to donation filings in June. Republicans raised $66 million throughout the month, propelling the Trump campaign to surpass the current president’s campaign spending. June was the Republican Party’s biggest monthly fundraising month since 2020, according to The Washington Post. The latest data comes after […]

Housing starts rose in June despite higher mortgage rates

The number of housing starts ticked up in June despite pressure from high mortgage rates, reassuring news for an economy that has seen soaring housing prices and rents driven by a lack of supply. Housing starts, the change in the number of new residential buildings that began construction, rose 3% from May to a seasonally adjusted annual rate of 1.35 million in […]

US retail sales unchanged in June, beating forecasts for slight drop

Ironside Macroeconomics Managing Partner Barry Knapp speaks about “The Age of Financialization” during Unbreakable Investor’s “Making Money” town hall. U.S. retail sales were flat in June, signaling a strong underlying trend that could boost second-quarter economic growth forecasts. The Commerce Department’s Census Bureau said Tuesday that retail sales last month were flat, following an upwardly […]

Arizona News: June 2,2023

The Prickly Pear’s TAKE ACTION focus this year is to help achieve a winning 2024 national and state November 5th election with the removal of the Biden/Obama leftist executive branch disaster, win one U.S. Senate seat, maintain and win strong majorities in all Arizona state offices on the ballot and to insure that unrestricted abortion […]

The Most Splendid Housing Bubbles in America, June Update

Estimated Reading Time: 2 minutes 2nd Overall YoY Price Drop since 2012. Biggest in Seattle, San Francisco, Las Vegas, Phoenix, San Diego, Portland, Dallas… It’s spring selling season, when prices always rise month-to-month, and they did, but it wasn’t enough.   It’s still spring selling season when sales volume and prices nearly always rise on […]

Consumers find mild relief as June inflation dips by 0.1%

Inflation rose 3.0% year-on-year, down from 3.3% in May. (iStock) The Consumer Price Index (CPI) was unchanged in May but fell 0.1% seasonally adjusted in June. The Bureau of Labor Statistics recently. Over the past 12 months, the all-item index has risen 3%, slowing from a 3.3% increase in May, driven largely by rising food […]

Inflation unexpectedly rose to 2.7% in June in producer price index

Inflation as measured by the producer price index rose to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Friday, some bad news for the Federal Reserve and President Joe Biden. Economists had forecast a slight rise in inflation from 2.2% in May. On a month-to-month basis, the producer price index increased by 0.2 percentage points, more than expected. […]