US Backstop For Argentina?
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
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.
Stocks Hover At Records
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
1 min read
Macro Resilience, Policy Risks
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
1 min read
France and Japan’s Political Storms Spill Over
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
1 min read
Tariffs Hit US Jobs, Rattle India’s Outlook
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
1 min read
Markets
Featured
Markets Bet on Rate Cuts, Downplay Risks
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
1 min read
Economy
Featured
US Jobs Engine Sputters, Signals Trouble
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
1 min read
Tariffs Send Shockwaves Through Washington Economy
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
1 min read
Markets Make a Fed Bet on Soft Jobs Data
Can weak payrolls actually be good news on Wall Street? Investors appear convinced. Markets are rallying ahead of the official August jobs report, betting that a labor slowdown is just
1 min read
Economy
Featured
US Labor Market: A Sluggish Grind
Is the job market finally running out of steam, or just grinding through a rough patch? The latest wave of data offers little comfort: ADP reports just 54,000 private-
1 min read
Job Market Turns from Lukewarm to Chilly
The latest job openings data confirms that the U.S. labor market is losing steam—with openings down to 7.18 million in July, their lowest since 2021, and more
1 min read
Tariff Tug-of-War Moves to Supreme Court
Will legal turmoil over tariffs ricochet back to business and your wallet? After the federal appeals court ruled Trump’s signature tariffs illegal, the administration is appealing to the Supreme
1 min read