by Richard Garrett | May 27, 2026 | Economy
Housing contract activity picked up in April, offering a modest but meaningful sign that homebuyers are continuing to engage with the market despite elevated mortgage rates, record-low consumer confidence, and the broader economic uncertainty created by the Iran...
by Richard Garrett | May 27, 2026 | Economy
The U.S. stock market is approaching a valuation milestone that has not been seen since the height of the dot-com bubble, raising fresh questions about whether the current AI-driven rally has pushed prices beyond what fundamentals can sustainably support. The closely...
by Richard Garrett | May 22, 2026 | Economy
American import prices rose sharply in April, with fuel costs recording their largest single-month increase in four years, adding another layer of inflationary pressure to an economy already straining under the weight of the Iran war’s disruption of global...
by Richard Garrett | May 20, 2026 | Economy
The Iran war is reshaping how American consumers spend their money, with higher gasoline costs eating into household budgets and prompting a visible pullback in spending on major purchases even as overall retail activity continues to grow. Retail sales climbed 0.5% in...
by Richard Garrett | May 20, 2026 | Economy
A growing number of veteran Wall Street analysts are drawing uncomfortable parallels between the current AI-driven stock market rally and the final months of the dot-com bubble, raising questions about whether investors are once again getting ahead of themselves at...
