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Game Over DOGE: US Starts Fiscal 2025 With Record Budget Deficit, Shocking Interest Expense
It was back in February, when we explained to Elon Musk why his strategy to shock the US government
Industry In a week
Consumer confidence hits lowest point since April as job worries grow
The board's Consumer Confidence Index slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading in seven months.
Industry In a week
Core wholesale prices rose less than expected in September; retail sales gain
The producer price index was expected to increase 0.3% in September, according to the Dow Jones consensus estimate.
Industry In a week
Private payroll losses accelerated in the past four weeks, ADP reports
Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said Tuesday.
Industry In a week
Bessent believes there won't be a recession in 2026 but says some sectors are challenged
Treasury Secretary Scott Bessent said the U.S. was not at risk of entering a recession in 2026 and that Americans would soon benefit from Trump's policies.
Industry In a week
Fed won't get key inflation data before next rate decision as BLS cancels October CPI release
The BLS said it was canceling the release of the October CPI, leaving the Fed without a key piece of inflation data before it next decides on interest rates.
Industry 11-22
House Lawmakers Press Shein Over Sale Of Childlike Sex Dolls In The US
House lawmakers have asked fast-fashion retailer Shein to explain how childlike sex dolls were allow
Industry 11-21
CapEx Spending On AI Is Masking Economic Weakness
The U.S. economys recent growth has a distinctive engine: large‑scale capital expenditures (capex) t
Industry 11-21
Cleveland Fed's Hammack supports keeping rates around current 'barely restrictive' level
Hammack on Thursday gave indications that she thinks the central bank could be nearing the end of what could be a brief rate-cutting cycle.
Industry 11-21
Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%
Nonfarm payrolls were expected to add 50,000 in September, according to the Dow Jones consensus estimate.
Industry 11-20
Fed minutes show divide over October rate cut and cast doubt about December
While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less creation.
Industry 11-20
Here's what to know about the 2025 Los Angeles Auto Show
The 2025 LA Auto Show will be Nov. 21-30 at the Convention Center in downtown Los Angeles. Here's what to know about the 10-day event.
Industry 11-19
Factory Orders Data Show Rebound In August
As the macro data engine slowly starts to grind back into motion, we are given glimpses of what happ
Industry 11-18
Trump: India\s US exports jump despite 50% tariffs as trade tensions ease
Goods exports to the US rose for the first time in five months in October, jumping14.5% from September.
Industry 11-18
150 Years Of Data Destroy Democrat Dogma On Tariffs: Fed Study Finds They Lower, Not Raise, Inflation
A new historical analysis is challenging the central premise that has guided trade policy, inflation
Industry 11-17
Oil and gas giant Wood plc sold to Dubai engineering firm
Shareholders in the Aberdeen-based company overwhelmingly voted to back the takeover offer from Sidara.
Industry 11-17
USPS Reports 5.7% Decline In Parcel Volumes, $9BN Loss
The U.S. Postal Service lost $9 billion in fiscal year 2025, a $500 million improvement from the pri
Industry 11-17
Container Imports Drop 17.6% In October At Busiest US Port
The Port of Long Beach is moving containerized cargo ahead of the cumulative record-setting paceachi
Industry 11-17
The Debt-Reduction Playbook: Can Today's Governments Learn From The Past？
Runaway levels of debt, and the question of how they can be contained, could well be defining macro
Industry 11-16
Germany's "Council Of Economic Experts" Calls For Higher Inheritance Taxes, And Bows To The State
In its latest annual report, Germany‘s Council of Economic Experts — once regarded as a market-orien
Industry 11-15
