Elon Musk once called DOGE ‘the chainsaw for bureaucracy,’ but it has quietly ceased to exist well ahead of schedule, report says

This Thanksgiving season is projected to be the busiest in 15 years, with 73 million Americans expected to travel by car and nearly 18 million passing through TSA checkpoints. This surge in travel is influenced by factors such as the recent government shutdown, which has impacted consumer confidence and spending habits.

A top economist has warned that the ongoing affordability crisis will persist as tariffs and a crackdown on immigration contribute to rising inflation, which is currently near 3%, exceeding the Federal Reserve's target. This situation indicates a troubling economic outlook, with expectations of further inflationary pressures ahead.

Many six-figure earners are revealing that their apparent financial success masks a reality of sacrifices, including skipped meals and side hustles, as they navigate a precarious economic landscape. This phenomenon highlights the disparity between perceived affluence and actual financial stability.

The cryptocurrency market has experienced a severe downturn, with the Fear and Greed index reflecting extreme fear at a score of 11 out of 100. Bitcoin's value has plummeted approximately 25% in November, marking its worst monthly performance since the 2022 collapse. This significant decline has raised alarms about the stability of Wall Street, as the volatility in crypto markets spills over into traditional financial sectors.

More than half of U.S. homes have experienced a decline in value over the past year, marking a significant shift in the housing market after years of rising prices. This trend indicates a normalization rather than a crash, as most homeowners still retain considerable equity in their properties.

Wall Street is experiencing a significant stock market reversal, with Bitcoin's recent downturn being identified as a potential catalyst for investors selling off their stock holdings. The cryptocurrency has seen a sharp decline, contributing to a volatile market environment.

Nvidia CEO Jensen Huang expressed concerns about the company's position amid discussions of an AI bubble, stating that the market did not recognize the company's strong quarterly performance. Huang's comments were revealed in a leaked meeting, highlighting the challenges Nvidia faces despite its recent successes.