Philly Fed manufacturing index surges to 47.4 against a 24.1 consensus — a massive beat that challenges the recession narrative. Plus: jobless claims...
Treasury yields retreat from 19-year highs ahead of FOMC minutes that could reveal deep division — three officials already dissented in favor of hiking...
Housing starts cratered 12.4% in July to 1.239M, missing estimates by a mile. But permits surged 5%. Import prices fell 0.4%, adding a disinflation twist.
NY Fed's Empire State index hits 20.6 in August, nearly double the 11 consensus. New orders and backlogs surge as factory executives turn bullish for...
Six of nine US trading partners saw inflation decline as the Iran-war energy shock fades. The US rate fell to 3.4% but competitive pressure from...
Social Security turned 91 with six years to go: OASI's depletion date moved up to Q4 2032, leaving a $270B cash deficit and a 22% cut looming.
Retail sales unexpectedly fell 0.6% in July and Michigan consumer sentiment crashed to 51.0 in August — the consumer engine is sputtering.
Producer prices were unchanged in July, missing the 0.2% consensus and confirming the inflation cooldown that CPI hinted at a day earlier. Markets now...
CPI eased to 3.4% in July as shelter costs finally decelerated. Markets slashed September rate hike odds to 42%. The Fed just got the breathing room it...
The NFIB Small Business Optimism Index surged to 99.8 in July, beating consensus by 2.3 points. Hiring plans hit a four-year high — just days after the...