FedEx reports with Freight transition and guidance in focus
Thursday’s PCE report for May follows CPI at a 3-year high of 4.2%, as investors watch whether lower oil prices ease inflation.
1 min read
Ben Carter
Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
Tech companies tap debt markets as AI buildout raises financing costs
Goldman Sachs said tech capital spending as a share of cash flow is at its highest since the dot-com era, with 10-year Treasury yields near 4.45%.
1 min read
Ground beef prices rise more than 20% since January 2025
Ground beef prices are up more than 20% since January 2025 as a smaller cattle herd, drought and a screwworm outbreak squeeze supply.
1 min read
Rising US Deficits and 4.5% Treasury Yields End the Era of Cheap Money
A fiscal-interest rate feedback loop and core PCE at 3.3% are structural forces re-anchoring the 10-year Treasury yield near 4.5% and ending the era of cheap capital.
36 min read
Strategic Non-Alignment Yields Economic Rents Amid 7% Fragmentation Risk
BRICS+ now controls 35% of global GDP at purchasing power parity compared to 30% for the G7, creating a structural arbitrage window for non-aligned states to capture premiums from both blocs.
5 min read
Oil prices climb after Iran fires missiles at Israel
Brent crude rose 2.6% to $95.50 a barrel after Iran fired missiles at Israel over the weekend.
2 min read
Brent crude rises 2.6% as Iran fires missiles at Israel
Brent crude rose 2.6% to $95.50 a barrel after Iran fired missiles at Israel.
4 min read
U.S. inflation hits 4.2% and stocks sell off on Iran escalation
The Dow fell 953 points and the Nasdaq slid nearly 2% as energy and rate fears hit stocks.
2 min read
Brent Crude Jumps 2.6% After Iran Fires Missiles at Israel
Brent crude jumped 2.6% to $95.50 a barrel in Asia trading after Iran fired missiles at Israel.
2 min read
44% of households say finances worsened in New York Fed May survey
About 44% of households said they were financially worse off than a year ago, the highest share since January 2023.
3 min read
Private Payrolls Add 122,000 Jobs in May, But Fed Holds Rates at 6.75%
Private employers added 122,000 jobs in May, the strongest hiring month since January 2025, with gains spread across eight of ten sectors.
2 min read
How TSMC Achieved 59.9% Gross Margin as AI Nodes Eclipse Smartphones
TSMC's commitment to a pure-play foundry model has concentrated market power, allowing it to claim 69.9% of the global foundry market and command a 59.9% gross margin in 2025.
4 min read