Tag

U.S. Economy

18 articles

Matic Pledges U.S. Production as FCC Scrutinizes, Output Rises 1,033 Percent
Technology7d ago
Matic Pledges U.S. Production as FCC Scrutinizes, Output Rises 1,033 Percent
The robot vacuum maker received an FCC waiver for existing models, emphasizing U.S. assembly and sourcing against foreign-reliant rivals.
10-Year Treasury Yield Breaks 5% on Fiscal Deficit Squeeze
Research & Analysis17d ago
10-Year Treasury Yield Breaks 5% on Fiscal Deficit Squeeze
The 10-year Treasury yield hit 5.12 percent, its highest level in nearly two decades, as robust economic data collides with federal deficit projections exceeding 6 percent of GDP.
Steve Schmidt Calls Bessent 'Worst Treasury Secretary in History'
Voices25d ago
Steve Schmidt Calls Bessent 'Worst Treasury Secretary in History'
The former political strategist issued a sharp critique of Treasury Secretary Scott Bessent following his congressional testimony on the national debt and Venezuelan oil funds.
Consumer Sentiment Collapses to 47.8; 12-Month Inflation Bets Surge to 4.6%
Macro & Rates31d ago
Consumer Sentiment Collapses to 47.8; 12-Month Inflation Bets Surge to 4.6%
University of Michigan index drops 7.5% as gasoline prices and trade tensions push near-term inflation expectations to highest level since February, pressuring short-end yields
August Cooling Demand Hits 76-Year High; September Set to Break Record
Macro & Rates39d ago
August Cooling Demand Hits 76-Year High; September Set to Break Record
U.S. cooling degree days reached 376 in August, the highest in 76 years, with September tracking for an even hotter month and sustained pressure on natural gas generation.
Real Income Falls, Delinquencies Spike — Bond Market Eyes Demand Cliff
Macro & Rates45d ago
Real Income Falls, Delinquencies Spike — Bond Market Eyes Demand Cliff
Savings rate hits 2.6%, real after-tax income down over 1% annually, and credit card delinquencies reach 2011 levels, signaling potential consumer spending slowdown.
U.S. Gulf Coast Becomes World's Only Major Refining Hub as Global Capacity Collapses
Research & Analysis47d ago
U.S. Gulf Coast Becomes World's Only Major Refining Hub as Global Capacity Collapses
Diesel crack spreads hit $102 a barrel Monday—nearly triple pre-war levels—as attacks on Middle Eastern and Russian refineries, Chinese export restrictions, and Hormuz shipping disruptions leave American refineries as the sole functioning major supply source.
U.S. Homebuyers Hit Record Low as Seller Surplus Widens to 496,000
U.S. Equities48d ago
U.S. Homebuyers Hit Record Low as Seller Surplus Widens to 496,000
Redfin data shows 966,752 buyers in July, down 2.5% from June, while sellers held at 1.46 million—creating a 51.3% surplus and crushing demand for homebuilders with heavy Sun Belt exposure
RBC Warns Consumer Buffers Are Eroding as Non-Energy Inflation Holds at 3.5%
Research & Analysis56d ago
RBC Warns Consumer Buffers Are Eroding as Non-Energy Inflation Holds at 3.5%
Lori Calvasina's equity strategy team finds pricing power shifting away from businesses for the first time since the pandemic, with super core inflation at 3.5 percent year-over-year.
Lifting the $184,500 Payroll Tax Cap Would Hit 6 Percent of Workers—and Close Two-Thirds of Social
Research & Analysis58d ago
Lifting the $184,500 Payroll Tax Cap Would Hit 6 Percent of Workers—and Close Two-Thirds of Social
A bipartisan Senate proposal to remove the Social Security wage cap could generate $3 trillion over a decade but still leave the program roughly one-third short of full solvency.
Tyson Closes Nebraska Beef Plant, Cuts Texas Shift as U.S. Cattle Supply Hits 75-Year Low
Research & Analysis60d ago
Tyson Closes Nebraska Beef Plant, Cuts Texas Shift as U.S. Cattle Supply Hits 75-Year Low
Tyson Foods will shutter its Lexington, Nebraska, beef plant, affecting 3,200 workers, and cut a Texas facility to one shift as the U.S. cattle herd shrinks to its smallest in 75 years.
Federal Deficit Set to Hit $2.1 Trillion in 2026, CBO Says
Politics & Policy62d ago
Federal Deficit Set to Hit $2.1 Trillion in 2026, CBO Says
The Congressional Budget Office raised its fiscal year 2026 deficit forecast by $200 billion, citing surging debt costs and a Supreme Court ruling that cut tariff revenue.
Auto Loan Originations Hit Record $211 Billion in Q2 as Delinquency Rate Edges Down
Macro & Rates62d ago
Auto Loan Originations Hit Record $211 Billion in Q2 as Delinquency Rate Edges Down
U.S. consumers drove auto, credit card and home equity balances higher in the second quarter even as the overall delinquency rate dipped, the New York Fed said.
U.S. National Debt Hits $36.2 Trillion, With Debt-to-GDP Ratio Projected to Double by 2075
Research & Analysis63d ago
U.S. National Debt Hits $36.2 Trillion, With Debt-to-GDP Ratio Projected to Double by 2075
Federal debt held by the public could reach 206 percent of GDP by 2075, driven by entitlement spending and interest costs that outpace revenue.
July Jobs Loss Shifts Fed Rate Outlook, Lifts U.S. Futures
Research & Analysis66d ago
July Jobs Loss Shifts Fed Rate Outlook, Lifts U.S. Futures
An unexpected contraction in July employment pushed traders to raise bets on a Federal Reserve rate cut, lifting futures and commodity prices.
Apple Gains as Nvidia, Amazon Fall on Inflation Data That Delays Fed Rate Cuts
U.S. Equities141d ago
Apple Gains as Nvidia, Amazon Fall on Inflation Data That Delays Fed Rate Cuts
May CPI rose 0.5 percent, above forecasts, pushing back rate cut expectations and hitting growth stocks while defensive plays outperform
Trump Says Americans Must Pay More for Gas to Block Iran Nuclear Arms
Politics & Policy151d ago
Trump Says Americans Must Pay More for Gas to Block Iran Nuclear Arms
President directly links rising fuel costs to U.S. sanctions aimed at preventing Iran from developing nuclear weapons
Trump Oval Office Address Targets Inflation, Trade as Steel Lobby Wins Big
Politics & Policy159d ago
Trump Oval Office Address Targets Inflation, Trade as Steel Lobby Wins Big
President's economic push comes as inflation holds above 3 percent for sixth straight month, with domestic manufacturers poised to benefit from new policies