US single-family housing starts tumble in April

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WASHINGTON, May 21 (Reuters) – U.S. single-family homebuilding dropped sharply in April and permits for future construction fell, suggesting the housing market could remain subdued for a while as the Iran war drives up mortgage rates and

The House takes another Iran war vote

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WASHINGTON (AP) — The House is expected to vote on legislation Thursday to compel President Donald Trump to withdraw from the war with Iran, a significant test of lawmakers’ willingness to go along with a conflict the president launched over

US weekly jobless claims fall amid labor market resilience

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WASHINGTON, May 21 (Reuters) – The number of Americans filing claims for unemployment benefits fell last week, pointing to labor market resilience and giving the Federal Reserve room to focus on rising inflation. Initial claims for state

Nick Reed’s Must Read Headlines – 05.21.26

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Cuba:  Former Cuban President Raúl Castro has been indicted in connection to his alleged role in the 1996 downing of two planes operated by the Miami-based exile group Brothers to the Rescue. Cuban ex-President Raul Castro indicted on charges

Takeaways from AP’s report on deep-sea mining

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WASHINGTON (AP) — In the year since President Donald Trump signed an executive order promising to create a deep-sea mining industry from scratch, businesses have raised millions of dollars from investors, stock prices have soared and federal

Trump’s proposed Washington arch gets another review

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WASHINGTON (AP) — President Donald Trump’s plan to build a triumphal arch in Washington is getting a second look from a federal agency that suggested changes before it approved the concept last month. The proposed 250-foot (76