Economy and News
Macro shifts, policy moves, and the news that actually hits the budget.
Boeing Beat Q1 2026 Earnings Estimates as Deliveries Climb and Losses Narrow Sharply
Boeing reported Q1 2026 revenue of $22.2 billion, beating analyst expectations, and posted an adjusted loss far smaller than Wall Street...
Trump's Fed Pick Promises Independence, Senate Republicans Are Not Convinced
Kevin Warsh faced the Senate Banking Committee on Tuesday in a confirmation hearing that put the Federal Reserve's independence and the...
Oil Near $90 Is Already in Your Grocery Cart Whether You Notice It or Not
The Iran conflict has pushed crude above $90 a barrel. What that number means at the pump is one thing. What it means at the grocery store...
One Year Into Liberation Day Tariffs, Small Businesses Are Still Paying the Price
A year after the administration's sweeping tariff rollout, small businesses across the country are facing an $85 billion annual burden,...
Congress Passed a Ten Day FISA 702 Extension. The Fight Starts Over on April 30.
A unanimous voice vote in the Senate pushed the surveillance authority to April 30 after a House GOP bloc derailed a longer term renewal....
Philadelphia Fed Manufacturing Index Falls Into Contraction for April
The Philadelphia Federal Reserve's April manufacturing survey showed a sharp drop into negative territory, raising fresh questions about...
TSA Projects Record Easter Weekend Travel Volume With 3.1 Million Screenings Expected Sunday
The Transportation Security Administration is projecting 3.1 million passenger screenings on Easter Sunday April 19, 2026, which would set...
The Economy Looks Fine on Paper. Americans Are Not Convinced.
Unemployment sits at 4.3 percent. The S&P 500 recently hit record highs. And consumer confidence just hit its lowest level since data...
The IMF Just Issued Its Most Sobering Economic Forecast in Years. Here Is What It Actually Says.
The IMF's April 2026 World Economic Outlook projects global growth at 3.1% as the Iran war, tariffs, and tightening financial conditions...
Acting ICE Director Todd Lyons Is Stepping Down After a Year of Record Enforcement
Todd Lyons took over Immigration and Customs Enforcement at a turning point for the agency. His exit now opens a leadership question about...
Congress Wants to Shut Down Prediction Markets. The Fight Is Just Getting Started.
Eight bills have been introduced in Congress since January targeting Kalshi, Polymarket, and similar platforms. The Iran war put prediction...
Trump Just Announced 100 Percent Tariffs on Pharmaceuticals. Here Is What That Could Mean for Drug Prices.
The Trump administration announced 100 percent tariff rates on imported pharmaceuticals this week, adding prescription drugs to an already...
Jerome Powell's Final Months: What the Fed's Rate Stance Means for You Right Now
Jerome Powell's chairmanship ends in May 2026. The Federal Reserve is holding rates at 3.5-3.75% with one cut projected for the second half...
Treasury Holds Strong 20 Year Bond Auction As Demand Signals Return
The Treasury Department's 20 year bond auction this week drew the strongest indirect bid of the year, easing concerns about foreign demand...
White House Releases 2026 Economic Report as Trade, Energy, and Housing Pressures Mount
The Council of Economic Advisers published its annual report on April 15, covering 14 policy priorities at one of the most volatile...
The Student Loan Collections Restart Is Coming and Millions of Borrowers Have No Idea
Starting May 5, the federal government will begin garnishing wages from student loan borrowers in default. For Black borrowers already...
Goldman Sachs Posts Second-Best Quarter in Company History as Wall Street Dealmaking Roars Back
Goldman Sachs reported EPS of $17.55 and net revenues of $17.23 billion for Q1 2026, driven by advisory revenues that surged 89 percent...
IMF Cuts Global Growth Forecast as Trade War Enters Its Most Dangerous Phase
The International Monetary Fund's April 2026 World Economic Outlook lowered projections for nearly every major economy this week, as tariff...
Yen Breaks 158 Against the Dollar as Intervention Calls Grow in Tokyo
The Japanese yen slid past 158 against the dollar overnight, setting off fresh speculation that the Ministry of Finance will order the Bank...
Treasury Targets Iran Oil Shadow Fleet With New Sanctions As Ceasefire Violations Mount
The Treasury Department announced a fresh round of sanctions Friday morning aimed at the Iranian oil shipping network, escalating financial...
Hungary Goes to the Polls in Most Consequential Election in Decades as Orban Faces Real Opposition
Record voter turnout of nearly 78 percent signals that Hungarians are ready for change after 16 years of Viktor Orban's rule. The Tisza...
EU Opens Second Enforcement Wave Under Digital Services Act, Targeting X and TikTok
Brussels announced expanded investigations into platform algorithms, ad transparency, and child safety as the Digital Services Act enters...
The IMF Just Warned That the Iran War Will Drive Global Inflation Higher Even if the Conflict Ends Tomorrow
The head of the International Monetary Fund warned Monday that the economic damage from the U.S.-Israeli war on Iran is already baked into...
March CPI Report Signals Inflation Is Climbing Back Toward Two-Year Highs
The March Consumer Price Index data shows prices rising at their fastest pace in nearly two years, complicating the Federal Reserve's path...
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