From the BEA: Personal Income and Outlays, June 2025 Personal income increased $71.4 billion (0.3 percent at a monthly rate)…
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PCE Measure of Shelter Unchanged at 4.1% YoY in June
Here is a graph of the year-over-year change in shelter from the CPI report and housing from the PCE report…
Continue ReadingDenver Pastor and Wife Charged in $3.4m “God-Inspired” Crypto Scheme
A Denver grand jury indicted Pastor Eligio Regalado and his wife, Kaitlyn Regalado, on 40 counts of theft, securities fraud,…
Continue ReadingThursday: Unemployment Claims, Personal Income and Outlays
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial…
Continue ReadingFOMC Makes No Changes to Rates, But 2 Members Dissent
The Federal Open Market Committee (FOMC) made no changes to the federal funds rate on Wednesday, keeping it in the…
Continue ReadingLas Vegas in June: Visitor Traffic Down 11.3% YoY; Convention Traffic Down 10.7% YoY
From the Las Vegas Visitor Authority: June 2025 Las Vegas Visitor Statistics Reflecting the broader backdrop of persistent economic uncertainty…
Continue ReadingInflation Adjusted House Prices 2.0% Below 2022 Peak; Price-to-rent index is 9.3% below 2022 peak
Today, in the Calculated Risk Real Estate Newsletter: Inflation Adjusted House Prices 2.0% Below 2022 Peak Excerpt: It has been…
Continue ReadingSEC Approves In-Kind Crypto Redemptions So ETFs Can “Use the Same Processes” as Commodity Funds
The approval coincides with rising institutional interest and bipartisan efforts to formalize crypto market rules The U.S. Securities and Exchange…
Continue ReadingU.S. Economy Rebounds in Q2 as GDP Rises 3.0%
The U.S. economy rebounded in the second quarter, with the gross domestic product (GDP) growing by 3.0%, according to the…
Continue ReadingPrivate Sector Adds 104,000 Jobs in July, Better Than Expected
Private sector companies added 104,000 new jobs in July, just one month after it lost 33,000 jobs. The gains easily…
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