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...
Daily Brief: 7.3 Million Job Openings Meet 349,000 Missing Construction Workers — The Labor Shortage Isn’t Going Anywhere
JOLTS shows 7.3M openings against 5.1M hires. Construction needs 349,000 workers. Manufacturing's humming. The structural labor shortage persists — and...
Daily Brief: The Calm Before the FOMC Storm
Markets hold steady on a quiet Monday with zero data on the calendar. But the Fed's two-day meeting starting Tuesday could deliver the first rate hike...
Daily Brief: Core CPI Surprise Gives Fed Hawks More Ammunition
August CPI held at 3.4% but core rose 0.3% against 0.2% expected — a surprise that pushes rate-hike odds higher. Michigan sentiment forecast at 51.0.
Daily Brief: PPI Hits 5.4% as $100 Oil Keeps the Inflation Pressure On
August producer prices rose 5.4% year-over-year, slightly above forecasts. Core PPI came in below expectations, but with oil above $100 and CPI due...