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Fed Rate Hike Looms as Warsh Faces Tough Confirmation Battle
Markets price in a 92% chance of a Fed rate hike, while Kevin Warsh faces a challenging path to confirmation as the next Fed chair.
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Apartment Construction Timelines Improve but Remain Above Normal
Multifamily building times are easing but still run longer than pre-pandemic norms, signaling continued pressure on housing supply.
Read more →BRICS 2026 Delhi Declaration Backs Startup Fund and Incubator Network
BRICS nations endorsed a startup investment fund and shared incubator network at the 2026 Delhi summit, signaling deeper economic cooperation.
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College Tuition Keeps Rising Yet Private Schools Face Financial Strain
Sticker prices at US colleges continue climbing, but a growing number of private institutions are still reporting serious financial distress.
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US Diesel Prices Hit Record $6 Per Gallon Amid War Disruptions
US diesel surged to an all-time high above $6 per gallon as conflicts in Ukraine and Iran squeeze global fuel supplies and drive up transportation costs.
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US August CPI Holds at 3.4%, Boosting Fed Rate Hike Odds to 90%
Elevated inflation data keeps the Fed on track for another rate hike, while consumer sentiment missed forecasts and Middle East tensions rattled markets.
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Producer Prices Rise 0.4% in August, Meeting Forecasts
The PPI climbed 0.4% in August, matching Wall Street expectations and offering a key inflation signal ahead of Fed decisions.
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US Wholesale Prices Rose 0.4% in August, Meeting Forecasts
The producer price index climbed 0.4% in August, matching Wall Street expectations and offering a key read on upstream inflation.
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Trump Says Oil and Gas Prices Will Drop After Midterms
President Trump acknowledged elevated energy prices tied to the Iran conflict won't ease until after the 2026 midterm elections.
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Unemployed at 45, This Man Turned Job Rejection Into Comedy
Tim Millard channeled months of fruitless job searching into a one-man theatrical show after repeated rejections demoralized him.
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August Jobs Report Preview: What to Expect Friday
August nonfarm payrolls are forecast to rise just 53,000 as a cooling labor market keeps Fed focus on inflation.
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Bank of Canada Holds Rates Amid US Tariff Uncertainty
Canada's central bank held interest rates Wednesday as escalating US-Canada trade tensions and retaliatory tariffs clouded its economic outlook.
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ADP: Private Payrolls Added Just 38,000 Jobs in August
Private sector hiring slowed sharply in August, with ADP reporting the weakest monthly gain since January amid a broader labor market cooldown.
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Prediction Markets Split 50-50 on August Jobs Rebound
Traders are giving even odds that the U.S. economy added more than 50,000 jobs in August, signaling cautious optimism.
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US Factory Activity Slips in August as Price Pressures Mount
The ISM manufacturing index fell in August, with producers voicing frustration as input costs continue to climb.
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Prediction Markets Give Even Odds on August Jobs Rebound
Traders are betting 50-50 that the U.S. economy added more than 50,000 jobs in August, signaling cautious optimism.
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Canada Hits U.S. Goods With Retaliatory Tariffs After Trade Talks Fail
PM Mark Carney announces dollar-for-dollar tariffs on American goods after bilateral trade negotiations collapse.
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Japan Exports Rise for Fifth Month Straight on Chip Surge
Japan's exports beat forecasts in July, driven by a 49.1% surge in semiconductor equipment shipments fueled by AI demand.
Read more →Australia Jobs Data Preview: Banks Split on July Hiring Outlook
Westpac and CBA diverge on July employment forecasts after June's surprise 76.3k surge, with both banks warning the spike likely overstated true labor momentum.
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Fed Officials Weighed Further Rate Hikes If Inflation Stays Hot
July meeting minutes reveal Fed policymakers were prepared to raise rates again if inflation failed to cool sufficiently.
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China's Rental Economy Undermines Beijing's Consumer Spending Push
Young Chinese are renting drones and gear instead of buying. Beijing sees a new obstacle to its consumer stimulus goals.
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The Broken Window Fallacy: Why Destruction Doesn't Drive Growth
A classic economic myth claims that vandalism and destruction stimulate the economy. Experts say the opposite is true.
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How the GI Bill Failed Black Veterans and Widened the Wealth Gap
Post-WWII federal benefits largely excluded Black GIs, a historic injustice whose economic consequences echo through generations today.
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Work Experience Beats GPA for New College Grads, Employers Say
Employers increasingly value real-world work experience over academic grades. College grads with job history are twice as likely to land work quickly.
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