Topline The Trump-backed budget and spending package making its way through Congress will increase the federal deficit by $2.8 trillion by 2034, the nonpartisan Congressional Budget Office said in a report released on Tuesday—about $400 billion higher than its previous estimate. Key Facts The “Big Beautiful Bill,” a megabill extending tax cuts passed during President
Posts published in “Asides”
Topline A federal judge has ordered the State Department to revert to the policy in place before President Trump retook office, allowing U.S. citizens to self-select a gender designation that includes “X”—instead of either male or female—on their passport applications. Key Facts On Tuesday, a federal judge in Boston blocked the Trump administration from limiting
America is headed down a food insecure path. Amid last week’s immigration raids targeting farms and food processors across the country, President Donald Trump expressed concern over carrying out those raids on farms, food processors, meatpackers, restaurants and hotels. That prompted official guidance from the Department of Homeland Security that advised agents to “hold on
S&P 500 ends near flat, gives back gains after Fed's Powell speaks
Foreign investors trim US Treasury holdings in April after record highs
Fed keeps rates steady, but sees fewer cuts next year on stagflation concerns
Fed holds rates steady, but slows expected pace of future cuts
Stocks choppy as Fed leans hawkish, oil climbs on Mideast uncertainty
Freddie Mac Mortgage Rates—June 18, 2025 What happened to mortgage rates this week The Freddie Mac 30-year mortgage rate drifted 3 basis points lower this week to 6.81% as the market prepared for Wednesday’s FOMC meeting. After a whirlwind seven weeks since the last meeting, marked by major tariff developments, moderating job gains, and continued
Welcome to this weekly housing trends update, where we bring you the latest snapshot of inventory trends, listing activity, and buyer-seller dynamics across the U.S. housing market. In addition to our monthly housing trends reports, which offer deeper insights into long-term patterns, we publish these weekly updates to provide more timely views into market changes.