As we step into what is typically heralded as the vibrant spring housing market, the reality we’re confronted with is downright grim. Recent reports indicate that sales of previously owned homes stumbled by 5.9% in March, landing at a mere 4.02 million units on an annualized basis, according to the National Association of Realtors (NAR).
At the core of the recent lawsuit filed by Oregon and eleven other states against President Trump’s tariffs is a significant constitutional question: Who rightfully holds the power to levy taxes and tariffs? The Oregon Attorney General, Dan Rayfield, is very clear in asserting that this prerogative lies exclusively with Congress, citing Article 1 of
The recent forecasts from airline executives paint a portrait more akin to a tempest than a bright sky for the aviation industry. Despite an optimistic outlook at the beginning of 2025, it seems that domestic travelers are pulling back on their wanderlust, and the factors contributing to this unsettling trend are multifaceted. Economic uncertainties—amidst ongoing
As we plunge deeper into the era of artificial intelligence (AI), we are confronted with an unsettling paradox: while we push the boundaries of technology to enhance our lives, the energy demands required to fuel such advancements expose the shortcomings of our current infrastructure. Recent discussions among tech giants like Amazon and Nvidia reveal a
The Municipal Securities Rulemaking Board (MSRB) stands as a pivotal organization in the intricate fabric of the municipal securities market. Serving as the primary regulator for the municipal securities sector, its role is to create a structured environment where fairness and transparency thrive. However, with the regulatory landscape ever shifting and evolving, the MSRB finds
The aerospace industry has faced considerable turmoil in recent years, particularly due to the creeping shadows of tariffs and their associated economic ramifications. As global trade tensions have escalated, many companies within the aerospace sector find themselves mired in uncertainty, struggling to maintain stability amidst shifting prices and supply chain breakdowns. However, one company has
In a disheartening reflection of the current economic landscape, the latest survey by Barclays reveals that consumer confidence is spiraling downward, resulting in a sharp decline in demand for commercial air travel. Business jet sales, often seen as a barometer for the financial well-being of the wealthiest sectors, have plummeted, with a staggering 49% drop
The debate surrounding municipal bonds has become increasingly contentious, particularly with the release of Michael Lissack’s provocative book, “The Inefficiency Of Municipal Tax Exemption.” Lissack, a Wall Street whistleblower, boldly contends that the municipal bond market is fundamentally irreparable and proposes drastic measures that simply ought not to be ignored. While traditional advocates cling to
The municipal bond market has recently shown signs of robustness, even as outflows from municipal bond mutual funds have persisted. With recent shifts in U.S. Treasury yields and equities generating a more favorable climate, now might be the time for investors to reconsider their strategies. In stark contrast to the negative returns seen earlier this
The air travel landscape is undergoing significant turbulence, and American Airlines recently exemplified this instability by retracting its financial guidance for 2025. This move, announced on a day punctuated by a staggering $473 million loss for the first quarter, sends ripples of concern throughout the aviation industry. As CEO Robert Isom articulated during a CNBC