3+ week, 3+ day ago  (293+ words) The US economy added the most jobs since July of 2024 in May, an alternative measure of the overall hiring impulse released on Thursday suggested. I'm referring, of course, to the Revelio Labs series. I'll include the usual caveat and quick…...

1+ day, 14+ hour ago  (384+ words) The marquee gauge of activity in the largest part of the world's biggest economy topped expectations on Wednesday, when the ISM services headline printed 54. 5. Economists collectively expected 53. 8. The readout for May counts as the best since February and the second-best…...

1+ week, 2+ day ago  (258+ words) Household views of current US economic conditions slipped in May and a measure of expectations remained below the threshold that historically presaged recession, Tuesday's update from the Conference Board showed. That's the bad news. The (qualified) good news is that…...

1+ week, 4+ day ago  (572+ words) The holiday-shortened US trading week offers a hodgepodge of relevant macro releases, although nothing with the potential to be a game-changer, as it were. The marquee release is obviously Thursday's personal income and spending report, which'll be accompanied by an…...

3+ week, 3+ day ago  (599+ words) Good luck, Kevin. You're gonna need it. That's a concise summary of the April FOMC minutes, released into the pre-Nvidia report void on Wednesday afternoon in the US. The key passage from the account of last month's policy gathering, Jerome…...

2+ week, 1+ day ago  (362+ words) Not surprisingly, and as tipped here last week, US mortgage rates posted another sharp increase on the back of rising Treasury yields. And, as expected, the highest financing costs of 2026 undercut home-buying activity amid what might've otherwise been a decent…...

2+ week, 1+ day ago  (485+ words) Good luck, Kevin. You're gonna need it. That's a concise summary of the April FOMC minutes, released into the pre-Nvidia report void on Wednesday afternoon in the US. The key passage from the account of last month's policy gathering, Jerome…...

2+ week, 6+ day ago  (542+ words) Eventually, stocks will correct. That was one message from Bof A's Michael Hartnett who, in the latest installment of the bank's weekly "Flow Show" series, suggested the panic grab into stocks, and particularly tech, semi and AI-related names, will be…...

3+ week, 15+ hour ago  (581+ words) Nominal spending on gas and groceries rose in April in tandem with price increases for both, Thursday's update on US retail sales showed. The figures, released two days on from a CPI report which featured another outsized jump on the…...

3+ week, 1+ day ago  (439+ words) Purchase activity in America's gridlocked US housing market moved up over the last week. Just in time for the 30-year fixed to jump 15bps in three days amid back-to-back above-consensus inflation reports. At 6. 57%, Mortgage News Daily's high frequency series is 11bps above…...