SPX

Every so often, markets present an opportunity to reset the muscle memory of a generation of investors. The arrival of a new U.S. Federal Reserve chair – one who has heralded a genuine changing of the guard – is one such moment. Kevin Warsh's early signals have been clear: Expect less forward policy guidance, lighter use of the Fed’s balance sheet, more ...

For the four weeks ending July 4, 2026, U.S. private employers added an average of 16,500 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report (NER). Hiring slowed for the fourth straight week. These numbers are preliminary and could change as new data is added. table The NER Pulse is an estimate of the ...

Today, the United States administration announced its intention to impose a new 50% tariff on a significant number of Canadian goods. This is the latest in a series of unilateral U.S. trade actions that began with the U.S. imposing a series of tariffs in direct violation of the Canada-United States-Mexico Agreement (CUSMA), the free trade agreement between ...

The 2026 FIFA World Cup has given a $20 billion boost to the US economy, according to Bank of America, sparking massive local booms in host cities and helping propel the strongest surge in consumer spending in more than four years. BofA CEO Brian Moynihan said half of the tournament’s $40 billion in fresh economic activity has been funneled to the US, and ...

Gregory Daco, chief economist at EY-Parthenon, says he thinks the Federal Reserve won't move on interests rates for the rest of this year. Daco talks about what he wants to see from the new Chairman Kevin Warsh. Daco speaks on "Bloomberg Surveillance."

We’re back to reading tea leaves! Hooray! Next week the Federal Reserve will have its second meeting since Kevin Warsh officially took the helm. And, at this point, the outcome is far from certain, which is unusual given that ever since Ben Bernanke instituted “forward guidance” the market usually knew what to expect. Warsh does not think “forward guidance” ...

President Trump announced a 10% "global tariff" just hours after the Supreme Court struck down his blanket tariffs in February. But that stopgap maneuver under Section 122 of the Trade Act of 1974 came with the authority to levy duties for 150 days. That clock is set to run out. Absent a move by Congress to extend the tariffs — which is highly unlikely — ...

Thank you to our Great Speaker, Mike Johnson, the House Budget Chairman, Jodey Arrington, and the members of the House Budget Committee, including Lloyd Smucker, Ron Estes, Andrew Clyde, Josh Brecheen, Erin Houchin, Mike Carey, Blake Moore, Jay Obernolte, Tom McClintock, and many others, for launching an effort to get AS MUCH of THE SAVE AMERICA ACT as possible in a Budget Bill, along with aid to our incredible Farmers, and funding for our Military. We need Voter Photo ID (Identification!), Proof of Citizenship and, hopefully, No Corrupt Mail In Ballots (except for illness, disability, Military, or travel). I am asking all House Republicans to VOTE YES this week on the Budget Resolution, which is an important first step towards getting a Budget Bill. House Republicans must UNIFY, and fight for THE SAVE AMERICA ACT! President DONALD J. TRUMP

The Conference Board Leading Economic Index® (LEI) for the US declined by 0.2% in June 2026 to 99.1 (2016=100), following a 0.1% increase in May. However, the LEI is down by only 0.3% over the first half of 2026, a much smaller rate of decline than its 1.1% contraction over the second half of 2025. "In June, the Leading Economic Index (LEI) for the US ...

Uk Pm Burnham: We Will Introduce A New Political Model And A New Economic Model Andy Burnham says he is 'acutely conscious' that he is the sixth person in the last 10 years to walk up this street, the seventh prime minister since 2016 He says it's a moment for reflection and new resolution. 'It requires my generation of politicians to raise their game. Britain needs to show the world that we can regain our stability again. That is our challenge. 'People at home are fed up with politics. I will be honest with you. We have not been good enough. We will make this moment a circuit breaker for Britain bringing forward the biggest changes for 40 years 'In the 1980s Britain took some wrong turns. Pol... Andy Burnham says he will start unveiling immediate measures to help with the cost of living tomorrow, including how they will be paid for He says that his first instruction on entering No 10 will be a pledge to end rough sleeping He says he will unveil a 10-year plan for Britain later this year UK PM Burnham: Will Bring Forward New 10Y Plan -To Honour Defense Commitments, Meet Fiscal Rules -Will Set Out Cost Of Living Measure From Tomorrow; Measure Will Be Costed -Will Build New Council Homes -Put Essentials Back Under Stronger Public Control -I Will Make Clear To Zelenskiy Today There Will Be No Change In Support For Ukraine