Daily Brief: Six Years From Insolvency — the Social Security Clock Keeps Ticking
Social Security's trust fund is six years from insolvency. Yesterday's 3.6% COLA is a reminder: without reform, a 22% benefit cut hits every retiree in...
Daily Brief: PPI Surges to 6.3% as Wholesale Inflation Blows Past Every Forecast
Wholesale inflation surged to 6.3% in September — a full point above consensus — while retail sales crushed estimates and Philly Fed manufacturing...
Daily Brief: CPI Runs Hot at 3.7% as Gasoline Soars and Core Reaccelerates
September CPI ran hot at 3.7% as gasoline jumped 9.1% and core inflation reaccelerated to 2.6%, squeezing real wages and spooking markets.
Daily Brief: Small Business Optimism Dips Below 50-Year Average on Eve of CPI
NFIB optimism fell to 97.9 in September as inflation fears jumped and only 7% of owners saw a good time to expand. The data lands just before...
Daily Brief: 7 Million Open Jobs, 29,000 New Hires — the Labor Shortage Is Structural
Seven million open jobs and only 29,000 new hires last month. The labor shortage isn't easing — it's structural. The weekly roundup.
Daily Brief: CPI Week Arrives — September Inflation Report Headlines a Data Deluge
Markets are closed for Columbus Day, but Tuesday brings the September CPI report. Consensus at 3.7% YoY. Here's everything coming this week.
Daily Brief: Consumer Sentiment Tumbles to 46.3 as October Gloom Sets In
Michigan consumer sentiment fell to 46.3 in October as current conditions cratered 12.2%. FOMC minutes revealed broad support for more rate hikes ahead.
Daily Brief: Jobless Claims Hold at 197K, Extending Labor Market’s Refusal to Crack
Initial jobless claims fell to 197K, beating the 200K consensus as the labor market stays stubbornly resilient despite Fed rate hikes and a 5.3%...
Daily Brief: FOMC Minutes to Reveal Debate Behind September’s Unanimous Rate Hike
Fed minutes from the September rate hike drop today at 2 PM ET, expected to show a broader internal debate than the unanimous vote suggested. Since...
Daily Brief: Trade Deficit Hits 17-Month High at $105.6 Billion in August
The U.S. trade deficit swelled to $105.6 billion in August, the widest gap since March 2025, as a $17.2 billion import surge overwhelmed export gains.