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Economy

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Economy

The Verdict: Housing Is in Recession

The U.S. housing market recession has become one of the most urgent economic topics in 2025. Treasury Secretary Scott Bessent recently warned that high Federal Reserve interest rates have driven the housing…

Economy

Government Shutdown – Week Three

What happened this week:By now the shutdown is firmly entrenched. Congressional stalemate continues, with Democrats refusing to support a “clean” continuing resolution without policy changes. Republican messaging frames the situation…

Economy

Government Shutdown – Week Two

What happened this week:The funding impasse deepened. Senate Democrats again blocked the continuing resolution offered by the House Republicans. Meanwhile, several federal agencies issued more furlough notices. The White House…

Economy

Government Shutdown – Week One

What happened this week:The federal government entered a shutdown as Congress failed to pass a full-year appropriations / continuing resolution by the October 1 deadline. Republicans offered a “clean” stop-gap…

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