Economy and News
Macro shifts, policy moves, and the news that actually hits the budget.
Georgia Senate Race 2026 Is Already Shaping Up to Be the Most Expensive Midterm Seat in America
Q1 fundraising reports filed this week show the Georgia Senate race has already pulled in more money than any other 2026 midterm contest....
March CPI Comes In Hotter Than Expected and the Fed Rate Path Just Narrowed
March inflation numbers released this morning came in at 3.4 percent year over year, above the 3.2 percent consensus, and the Fed now has...
13 States Are Now Seeing Home Prices Fall as the National Housing Market Hits an Affordability Ceiling
New data from Cotality shows annual home price appreciation slowed to just 0.5% in February, with 13 states recording outright declines....
April Jobs Report Preview: What to Watch on May 2
The Bureau of Labor Statistics releases the April employment situation report on May 2, and economists are watching payroll revisions, wage...
Texas Senate GOP Runoff Heads Into Final Stretch With Paxton Up Eight on Cornyn
Texas Public Opinion Research released an April 17 poll showing Attorney General Ken Paxton leading Senator John Cornyn 48 to 40 percent...
British Fighter Jets Scrambled in Romania After Russian Drone Crashes Damage Property
Two RAF Eurofighter Typhoons launched from Borcea Air Base early Saturday morning during a large overnight Russian strike on Ukraine. Drone...
Supreme Court Hears Haiti and Syria TPS Case Today and Conservative Justices Signal They Will Side With the Administration
The Supreme Court heard oral arguments Wednesday in the consolidated TPS termination cases out of Haiti and Syria. The conservative...
The IMF Cut Its Global Growth Forecast Again and the Iran War Is the Reason
The IMF's April 2026 World Economic Outlook shows global growth slowing to 3.1 percent this year, with the adverse scenario now looking...
Meta Is Tracking What Its Employees Click. The Data Is Going to Train AI.
Meta confirmed plans to monitor employee activity at scale to build proprietary AI training datasets. Workers say they weren't fully...
Supreme Court Hears Haiti and Syria TPS Case Today and Conservative Justices Signal They Will Side With the Administration
The Supreme Court heard oral arguments Wednesday in the consolidated TPS termination cases out of Haiti and Syria, and the conservative...
Twenty Six States Have Now Banned Phones in Schools and the First Year Results Are Coming In
From Florida to New York, the school phone ban movement has swept the country. Early data shows improved focus but uneven compliance and...
The Tariff Refund Window Opens April 20 and Most Families Will Never See a Dime
The Supreme Court struck down Trump's IEEPA tariffs in February. The refund window opens April 20. Companies are entitled to billions....
House Ways and Means Sets Tax Bill Markup for the Week of April 27
The committee will move on SALT cap changes, the Section 199A pass-through deduction, and an expanded child tax credit in what is shaping...
Q1 GDP Advance Estimate Lands Thursday and the Range of Forecasts Is Unusually Wide for a First Look at the Year
The Bureau of Economic Analysis releases the first estimate of first quarter growth Thursday morning, and the spread between the highest...
Two Data Prints This Week Will Shape the June Fed Decision
The Bureau of Labor Statistics releases first quarter Employment Cost Index Thursday morning. ISM publishes April manufacturing PMI Friday...
Senate Set to Begin Immigration Markup Next Week as DHS Shutdown Enters Day 70
The Senate Judiciary Committee is scheduled to begin markup on the immigration enforcement portion of the reconciliation package Monday...
Federal Student Loan SAVE Plan Stuck in Court as Borrowers Wait
A federal court injunction has frozen the SAVE repayment plan for nearly two years, and the latest filings suggest a resolution is still...
Bitcoin Is Approaching $80,000 and Strategy Just Became the World's Largest Corporate Bitcoin Holder
Bitcoin traded at $78,126 on Friday morning. Strategy, formerly MicroStrategy, surpassed BlackRock as the top corporate holder of Bitcoin...
Trump Extended the Iran Ceasefire Again. Here Is What Investors Need to Watch Right Now.
President Trump announced an extension of the Iran ceasefire on April 21 after Tehran failed to submit a unified proposal. The Hormuz...
Starbucks Is Coming to Nashville, and It Signals Something Bigger Than a Coffee Chain
Starbucks just announced a $100 million investment and 2,000 jobs in Nashville, Tennessee. The move says more about where American business...
The 2026 Economy Looks Good on Paper. Workers Are Not Feeling It.
Goldman Sachs projects 2.6% GDP growth for 2026, but unemployment is expected to stay at 4.5% and tariff inflation remains stuck at 2.8%....
Oil Holds Above $100 as Iran Peace Talks Hit a Wall
Brent crude remains elevated above $100 a barrel as Middle East ceasefire negotiations stall, pulling US markets back from record highs and...
The Tariff Refund System Is Live. What 330,000 Importers Need to Know Now.
The U.S. government has launched a formal refund system for companies that paid tariffs the Supreme Court struck down in February. The...
March Retail Sales Jumped 1.7 Percent. The Gas Station Numbers Tell a Different Story.
The Commerce Department's March retail sales report posted the strongest monthly gain in three years. Strip out gas station revenues driven...
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