Americans head to the polls as JOLTS shows 7.5M openings and factory orders surge 1.8%. Markets hold their breath — the AI trade hangs in the balance.
American businesses kept expanding in October while consumers sank to near-record gloom. Flash PMIs and Michigan sentiment painted opposing pictures.
Initial claims fell to 194,000, beating the 200K consensus and hitting the lowest since July. Employers are holding on despite $111 oil and a widening war.
BLS data shows median weekly earnings rose just 1.5% in Q3 while CPI gained 3.5%. Seasonally adjusted wages dropped from Q2. The paycheck is bigger,...
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.
ISM Manufacturing slipped to 54.5 in September while construction spending unexpectedly surged 0.9% — a tale of two economies as jobless claims hold at...
Consumer confidence crashed to 81.9 in September, a 6.7-point miss vs. consensus. Rate hikes, Iran Strait tensions, and a softening labor market all...
Durable goods orders beat forecasts in August, but a 1.6% surge in core capital goods tells the real story: business investment is not slowing down.
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...
Philly Fed manufacturing index drops to 37.8 from 47.4. Jobless claims fall to 196K. Growth continues — just slower, with employment and prices...