The average age of the first time home buyer in the USA in 2025 has risen to 40 years old according to the according to the National Association of Realtors. This has been caused by factors such as rising home prices and high mortgage rates. In 2021 the average first time buyer's age was 33, in 1980 it was

Politics (@PaulyBoy) [2025-06-27 13:36:44] (ID: 82)

Zohran Mamdani has defeated politics vet Andrew Cuomo to win the Democratic Party's New York mayor candidacy

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Money,Politics (@Patrick J.) [2025-09-24 15:09:46] (ID: 137)

Economic analysts are suggesting Donald Trump's tariffs are having the effect of decreasing goods being imported into the USA and other countries are buying the goods that would be going into the USA without the tariffs.

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Politics (@Patrick J.) [2025-10-01 10:00:18] (ID: 162)

The US government shut down at midnight 1-October-2025. During the shut down non-essential government services are stopped, federal agencies stop activities, and a large number of federal workers are furloughed.

The reason for the shutdown is there isn't enough votes supporting the spending bill which was written by Republicans, the party in power. Democrats want some changes, they are calling for an extension of tax credits that make health insurance cheaper for millions of Americans - which are set to expire - and for a reversal of cuts to Medicaid that have been made by Trump. Democrats also oppose spending cuts to the Centers for Disease Control (CDC) and National Institutes of Health (NIH).

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Politics, Money (@Patrick J.) [2025-11-01 07:30:37] (ID: 228)

Due to the US government shutdown which began on 1-October-2025, up to 42 million Americans might not receive food stamps. 12.5% of America's population receives food stamps called SNAP benefits.

The government shut down due to Republicans and Democrats disagreeing on budget contents. They need to agree on a budget to re-open the government.

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Money,Politics (@Patrick J.) [2025-12-08 21:55:44] (ID: 279)

China's trade surplus has now reached 1 Trillion US Dollars for the first time. (Having a surplus means a country makes more money from exporting than importing; a deficit is the opposite, spending more money importing than money made exporting). This wasn't even a full year's trade but from January to the end of November 2025.

This comes after US President Trump imposed tariffs on products coming from China, this made it more expensive for Chinese sellers to sell goods to America. The sellers began trading more with other countries, the result has been increased surplus for China.

https://www.reuters.com/world/asia-pacific/chinas-november-exports-top-expectations-imports-underperform-2025-12-08/

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Politics (@Patrick J.) [2025-12-08 22:56:10] (ID: 280)

US President Donald Trump has just announced a $12B aid package to American farmers. This comes as American farmers are struggling to sell their products since Donald Trump imposed tariffs on China then China responded by imposing tariffs on America.

The plan was announced on Monday, December 8, 2025, at the White House.

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Money,Politics (@Patrick J.) [2025-12-10 20:34:10] (ID: 288)

The US Federal Reserve has cut its key interest rate to a target range of 3.50% to 3.75%, a reduction of a quarter percentage point (25 basis points). This decision was announced on December 10, 2025, and marks the third rate cut of 2025.

Current Target Range: 3.50% - 3.75%.
Previous Rate: 3.75% - 4.00%.

The cut comes amid signs of a cooling labour market, including stalled job growth and higher unemployment, which prompted policymakers to provide an economic boost.

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Politics (@George of the Forest) [2026-01-03 10:48:37] (ID: 334)

On 2-January-2026, United States president Donald Trump announced the arrest of Venezuelan President Nicolás Maduro and his wife Cilia Flores.

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Politics (@Patrick J.) [2026-03-02 12:42:51] (ID: 366)

A fourth American military personnel has been reported as killed in the war initiated by America and Israel against Iran.

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Politics,Funny (@Patrick J.) [2026-04-04 19:03:12] (ID: 380)

The stupid war against Iran is making energy prices much harder to afford

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