An article by Lloyd Alter about the problematic construction of a tall building (NYC) that flexes and bends in the wind. The result of which are cracks in the in the exterior surface of the building which is also load bearing. Too costly for me to live there and I probably would not even if […]

Zelensky wrote on social media: ‘It’s important to not forget the main goal, to stop the Russian war and prevent it from breaking out again in the future. ‘That’s why we’re so carefully working on every point, on every step toward peace.‘ Trump had given Ukraine a Thursday deadline to respond to the proposal, which would require […]

I placed the 2025 Poverty Level Guidelines on this post so readers could get an idea of what salary qualifies them for ACA subsidies. Everyone talks about 100 percent of this or 400% of that without knowing exactly what the numbers are based up the Federal Poverty Level. Hence the chart below. It stops shy […]

– by New Deal democrat Although the government shutdown is over, most data points – including all having to do with housing – have not been updated, which means that alternate data sources, including the NAR’s existing home sales report, have temporarily become our best look at the housing market.  As per my context all this […]

More likely than not, buying at WalMart indicates such because the costs are less. Even now when prices are up, WalMart may still be the place to shop. People may be buying off brands and poorer cuts of meat, Spaghetti may be on the menu more often. “Walmart Q3 earnings show a distressed American consumer,” […]

 – by New Deal democrat While this morning’s much delayed September jobs report was the big news of the day, the DoL did resume their normal weekly reporting of unemployment claims, so let me in turn resume my normal weekly note of them. Initial claims declined -8,000 to 220,000 while the four week moving average […]

Short answer: yeah. The long answer is . . . longer. – by Steve Roth Originally posted at Wealth Economics There are a lot of pathways and mechanisms in the US and worldwide that deliver wealth to assetholders, and that have perennially concentrated that wealth (hence power) into the hands of dynasties over millennia — notably over […]

 – by New Deal democrat There was no new official data reported this morning, including the normal monthly report on housing permits, starts, and construction. Yesterday the Department of Labor did partially update several weeks of jobless claims data, which helps us estimate what might happen with the unemployment rate when the September jobs report is […]

As with yesterday, the good news is that important official economic data is being reported again. The bad news is that it is very stale, as in covering last August. – by New Deal democrat Still, one important area that private data did not cover well during the shutdown was orders and spending on durable goods, […]

Another commentary on people who would leave the United States. A Vice article on November 9th. I am not going to post it and I will supply the link. Not a terribly long commentary “America’s biggest export might soon be its own citizens according to the American Psychological Association’s Stress in America 2025 survey. Sixty-three percent (63%) […]