No Inflation Rebound?
What happened?
Recent analysis by the Harvard Price Lab, led by experts in inflation dynamics, shows that prices of goods at major US retailers have
Markets
BYD Launches Attack On Global Auto Industry
What happened?
China's leading electric vehicle manufacturer, BYD, has slashed the prices of 22 electric and hybrid models by up to 34%. This
Jobs Data Indicate US Economy May Be Weaker Than Expected
What happened?
Jobless claims data released today came in higher than expected for the first time in several quarters (240k vs. 230k). Continuing claims, representing
Pushback Grows on Big Beautiful Bill
What happened?
Yesterday in a CBS interview, Elon Musk criticized the "big beautiful" tax bill that was just passed by the House and
Bond Tantrum at Its Peak?
What happened?
This morning, the House of Representatives passed the "Big Beautiful" tax bill by a one-vote majority. The Senate will consider it