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Trump on Mamdani: I expect to be 'helping him, not hurting him'
CNBC Television· 2025-11-21 21:53
We had a meeting today that actually surprised me. He wants to see no crime. He wants to see housing being built. He wants to see rents coming down.All things that I agree with. Now, we may disagree how we get there, the rent coming down. I think uh one of one of the things I really gleaned very very much today.He'd like to see him come down ideally by building a lot of additional housing. That's the ultimate way. He agrees with that and so do I.But if I read the newspapers and the stories, I don't hear I d ...
Global Markets Roiled by Gold Surge, Japan Stimulus Hopes, and Geopolitical Tensions
Stock Market News· 2025-10-06 00:08
Group 1: Gold Market - Gold prices surged to a record high of $3,920 per ounce, marking a nearly 50% increase this year as investors sought safe-haven assets amid US government shutdown and geopolitical uncertainty [3][7] - The performance of gold reflects a broader investor pivot towards stability during turbulent times [3] Group 2: Japan's Financial Markets - Japan's Nikkei futures rose by 4% following the announcement that pro-stimulus leader Sanae Takaichi is set to become prime minister, indicating anticipated growth-boosting policies [4][7] - The yen depreciated by 1.2% as investors reacted positively to the political development, which also spurred a rally in commodities [4] Group 3: US Housing Market - President Trump urged Fannie Mae (FNMA) and Freddie Mac (FMCC) to promote large-scale homebuilders to boost housing development, aiming to restore the "American Dream" [5][7] - This directive signals a potential shift in federal housing policy focused on increasing the availability of new homes [5] Group 4: Oil Market - Oil prices increased following OPEC+'s decision to approve a smaller-than-expected output hike of 137,000 barrels per day, providing temporary market support [6][7] - Despite this, concerns over a projected global surplus in 2026 and weakening demand continue to limit significant upside for crude prices [6] Group 5: BYD's SkyRail Project - BYD's $1 billion SkyRail monorail project in China has stalled due to local government funding drying up, resulting in numerous half-built stations and idle trains [7][8] - Despite the setbacks, BYD's founder Wang Chuanfu remains committed to reviving the project [8]
New controversial housing in Arkansas requires proofs that applicants are white
MSNBC· 2025-08-20 18:27
Community & Legal Aspects - A new housing development in Arkansas requires applicants to be white [1] - The founders believe they can win legal challenges in the current political climate [2] - The community has been fundraising since October 2023, including for legal defense [8] - The founders are using Chat GPT for their legal framework [9] - Lawyers are advising them on how to fight potential legal challenges [9] Screening Process - Applicants are required to fill out a questionnaire about their heritage and provide photographs of themselves and family members [4] - Applicants undergo in-person interviews [4] - Some applicants have been rejected for not seeming "sufficiently white" [4] - The founders struggle to define "sufficiently white" but reject those who don't "present like a white person" [5] Founders & Background - The community is called Return to the Land, founded by Eric Orwal and Peter Siri [6] - Both founders are classically trained musicians who met online [6] - Eric Orwal has a YouTube channel focused on philosophy [6] - Both grew up in middle-class America and became far-right later in life [6] - Peter Siri was arrested for attempted murder in Ecuador but was not charged [7]