u.s. economy

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.

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.

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.

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

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.

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 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.

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.

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.

Federal debt held by the public could reach 206 percent of GDP by 2075, driven by entitlement spending and interest costs that outpace revenue.

An unexpected contraction in July employment pushed traders to raise bets on a Federal Reserve rate cut, lifting futures and commodity prices.

May CPI rose 0.5 percent, above forecasts, pushing back rate cut expectations and hitting growth stocks while defensive plays outperform

President directly links rising fuel costs to U.S. sanctions aimed at preventing Iran from developing nuclear weapons

President's economic push comes as inflation holds above 3 percent for sixth straight month, with domestic manufacturers poised to benefit from new policies