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.
Yesterday, the White House unveiled a fresh slate of import levies that could lift consumer costs in targeted categories and add noise to inflation readings. The administration announced new tariffs
Today, U.S. equities moved higher after the PCE report came in line with expectations and eased an immediate concern that inflation was accelerating again. The Dow Jones Industrial Average
Today, the Federal Reserve’s preferred gauge of consumer prices showed core Personal Consumption Expenditures held near recent levels, a result that keeps markets focused on the timing of further
The White House proposed a $100,000 annual fee for each H‑1B visa, prompting multinationals to advise affected staff to avoid travel as details shake out. U.S. tech
U.S. Treasury Secretary Scott Bessent signaled that “all options” are on the table to stabilize Argentina, including potential loans to the central bank, direct FX support, and purchases of
U.S. equities sit near all-time highs after a multi-day streak of record closes, while futures trade flat to slightly lower as investors gauge how durable the rally is. The
The OECD lifted its outlook for global growth to 3.2% in 2025 (from 2.9%), with the U.S. raised to 1.8%. The upgrade underscores better-than-expected momentum in
The US isn’t the only economy facing turbulence. France is careening toward a government collapse, as fiscal crisis and record-high debt spark investor jitters and a likely fifth change
Much of today’s economic pain traces back to President Trump’s escalating trade war. As the US labor market stalls, high tariffs are squeezing both American manufacturers and key
Despite gloomy hiring figures, markets are still hanging tough—at least for now. US stock futures are holding close to recent highs as investors await this week’s crucial inflation
Is the American job market running out of steam? The latest jobs report shows the US added only 22,000 jobs in August, and the unemployment rate crept up to
Trade war, local casualties: How are Washington State businesses and families feeling the brunt? Leaders in Washington aren’t mincing words—a new state analysis forecasts a potential loss of