The White House is asking Congress for a whopping $886.4 billion military budget for the fiscal year 2024, with $842 billion of it going to the Pentagon. The rest would go toward other federal agencies’ military spending, including the Energy Department’s nuclear weapons program.
On Friday, residential real estate brokerage firm Redfin released new data on home prices, showing that prices fell 0.6 percent in February, year over year. According to Redfin's numbers, this was the first time that home prices actually fell since 2012. The...
As the US and South Korea prepare for massive war games next week, North Korea is forewarning nuclear war on the peninsula. In a fiery statement, Pyongyang declared the chances of nuclear conflict are “realistic“ given the “irresponsible deeds of the US and South Korea.”
US News Congress passed a law that gives defense contractors special inflation relief. Responsible Statecraft A bipartisan group of senators has introduced a bill that would lift the embargo on Cuba to facilitate trade while maintaining other sanctions on the Cuban...
Some big, round-numbered interest rate thresholds have been passed in recent days including 4.0% on the 10-year UST, 5.0% on the 2-year UST and 7.0% on the 30-year mortgage. These all come at the end of extended round trips, of course, so the question at hand is how...
Russia Secretary of State Antony Blinken on Thursday briefly talked with his Russian counterpart, Sergey Lavrov, in New Delhi on the sidelines of a G20 meeting, marking the first in-person meeting between the two diplomats since Russia’s invasion of Ukraine. AWC...
On COI #391, Kyle Anzalone and Connor Freeman discuss the former Special Inspector General for Afghanistan Reconstruction’s comments that Washington is making the same mistakes it did in Afghanistan as a result of pouring tens of billions of dollars in aid and weapons...
Earlier this month, a Norfolk Southern freight train derailed in East Palestine, Ohio, causing a large fire, releasing hazardous materials, and prompting emergency crews to conduct a controlled release and burn of toxic vinyl chloride. Fortunately, no lives were lost,...
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