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Fresh coverage on the economy, markets, and the forces moving money.

PCE: Core Inflation Steady

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

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H‑1B Fee Shock Hits IT

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

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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

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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

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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

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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

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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

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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-

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