Daily Brief: US Business Growth Surges to Five-Year High as PMIs Blow Past Forecasts
S&P Flash PMIs for September smashed expectations: manufacturing hit 57.0, services reached 58.7, and the composite climbed to 58.4 — the fastest...
Daily Brief: Nasdaq Hits a Record as Markets Shrug Off the Fed’s First Hike in Three Years
Six days after the Fed's first rate hike since 2023, the Nasdaq closed at a record high. AI stocks carry the load — but the rally's foundation is narrow.
Daily Brief: 7.3 Million Jobs Are Open. Where Are the Workers?
7.3M job openings, 162K new payrolls, but a quit rate near historic lows. The U.S. labor market is healthy on paper — so why won't anyone move? This...
Daily Brief: Markets Shake Off Fed Hike as Oil Retreats; Data-Heavy Week Awaits
Markets opened higher Monday as oil's four-day slide eased post-Fed inflation fears. Flash PMIs, jobless claims, durable goods, and consumer sentiment...
Daily Brief: Factory Output Snaps Seven-Month Streak as Fed’s First Hike Since 2023 Lands
Industrial production flatlined at 0.0% in August, missing the 0.3% consensus, as manufacturing snapped a seven-month winning streak — two days after...
Daily Brief: Philly Fed Cools to 37.8 as Manufacturing Expansion Loses Steam
Philly Fed manufacturing index drops to 37.8 from 47.4. Jobless claims fall to 196K. Growth continues — just slower, with employment and prices...
Daily Brief: Trading Partner Inflation Check — August 2026
Seven of nine US trading partners saw inflation accelerate in August, reversing months of disinflation. India leads at 4.82%, China sits at 0.8%. Here...
Daily Brief: Consumers Shrug Off Rate Fears — Retail Sales Surge 1.2% as Fed Prepares First Hike Since 2023
Retail sales surged 1.2% in August — the biggest jump in five months — just hours before the Fed is expected to deliver its first rate hike since 2023.
Daily Brief: New York Factories Hit the Brakes — But Prices Are Still Running Hot as the Fed Convenes
The Empire State Manufacturing Index cratered 13 points to 7.6 as the FOMC opened its two-day meeting with an 88% chance of a rate hike. Manufacturing...
Daily Brief: OASI Trust Fund Hits Q4 2032 Depletion Date — 22% Benefit Cut Looms Six Years Out
Social Security's retirement trust fund is now projected to run dry by Q4 2032, one quarter sooner than last year. The 75-year shortfall swelled to...