| HIGH | Unemployment Rate |
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USD | F:4.3% | P:4.3% |
President trump posts on truth social "big news! micron, a truly great american company, and one of the “hottest” anywhere in the world, has announced a historic $250 million investment in trump accounts. this incredible gesture, made by micron’s fantastic ceo, sanjay mehrotra, will make many children extremely happy some day in the not too distant future "
White house adds pandemic response staff as ebola cases rise' - bloomberg news
U.S. decides against renewing usmca, shifting to rolling talks; the U.S. decided against renewing its trade deal with canada and mexico, U.S. trade representative jamieson greer said, choosing instead to conduct annual reviews of the pact' - bloomberg news
Warsh taps ex-boe chief king for new fed communications task force' - bloomberg news
Fed's warsh calls inflation 'too high' — but july rate-hike odds cool
USA gasoline inventories 2.333m barrel draw vs 0.950m barrel draw est.
Fed chair warsh says we are no longer going to have to rely solely on data that we get from government agencies with measurement problems; my favorite data is upon us a year from now, if we do jobs right; we need indicators that tell us where things are now, close to real time as possible
Fed chair warsh says we are going to deliver on high promise congress gave us to deliver price stability; one of the secrets of productivity-led economic growth is because of the constitutional design in the U.S.
Fed chair warsh says my hope is that 9-12 months from now we'll be using new tech to understand the economy; fed will remain independent after supreme court; we'll follow the supreme court decision; there will be dots at least for the short time
USA construction spending (mom) for may 0.1% vs 0.1% est.
Ism manufacturing employment for june 49.7 vs 48.6 prior
Ism manufacturing prices for june 73.0 vs 77.7 est.
Ism manufacturing pmi for june 53.3 vs 53.8 est.
Fed chair warsh says potential growth looks like it has trended up; if last 4 quarters an indication, there is reason to be optimistic; have not changed view on balance sheet in first four weeks at fed; if there is a change in balance sheet policy, decision will be well deliberated and communicated; balance sheet borders on fiscal policy; want interest rate policy to be the key policy tool
Fed chair warsh says we've seen that prices are too high; we are going to deliver price stability; volatility is down, yields are down; will likely have news next week on leaders of task forces; will ask best minds from inside and outside the U.S.; there is willingness by my colleagues to go back to first principles
USA s&p global manufacturing pmi for june 53.9 vs 55.7 est
Fed chair warsh says labor markets are steady; supply side solid; we're in the price stability business; we've looked around and see that prices are too high; the committee described that labor markets are steady; expectations of inflation over the first four weeks have come down; inflation risks have come down; we'll be an independent central bank
Fed chair warsh says if we make progress thinking about effects of productivity, data, inflation frameworks it is something we can learn from; leading to boom in capital expenditures, see that in demand; comments on ai, says don't have news if it is inflationary; says the U.S. is likely to be a big winner in ai; it's not a zero sum game; we are only in the first or second inning of this revolution; right now ai companies are investing in future, their expectation is supply side will expand
Fed chair warsh says it's up to the central bank to decide if ai is inflationary; ai boom it's showing itself first and very prominently in the U.S.; exciting, consequential time to be a central banker
Fed chair warsh says we'll chart a new course so we can make better decisions
Adp nonfarm employment change for june 98k vs 118k est.
Jd vance's financial disclosure just dropped— and he's holding up to $500k in bitcoin
Iran's foreign minister araqchi says in social media post that terms of islamabad mou are crystal clear
Stock market today: dow jones, s&p 500 futures fall as iran rules out direct talks with us—nike, constellation brands, bloom energy in focus
Api crude oil stock 6.072m barrel draw vs 0.765m barrel draw prior
Iran hasn’t received $6b in frozen funds — and won’t until tehran meets ‘milestones,’ us official tells the post'- new york post
Tiktok finalizing settlement of addiction lawsuit to avoid trial' - bloomberg
Look closer at spy, qqq: investors are rigging a safety net under the stock market
Two market positives, but warsh's speech and jobs data could shift sentiment
President trump posts on truth social "the supreme court upheld birthright citizenship, which is too bad for our country, but we can easily make it up in congress through legislation, with the support of the president, that has now been determined during this process. no long and unwieldy constitutional amendment is necessary! congress should start today to work on ending expensive and unfair to our country, birthright citizenship. they will have my complete and total support!"
U.S. supreme court agrees to hear apple appeal of contempt order in epic games lawsuit over app store fees
U.S. supreme court agrees to hear challenge to laws banning assault rifles
Trump administration plans to pay smaller meatpackers to keep slaughtering cattle; agriculture department aims to offer up to $500 million in payments as meat processors navigate livestock shortage' - wsj exclusive
Update: npr has retracted story that justice alito is retiring
U.S. supreme court sides with republican-led challenge to federal limits on spending by political parties in coordination with candidates
Justice samuel alito, who wrote the supreme court's opinion reversing roe v. wade, is retiring, the court announced tuesday' - npr
Live on cnbc, fed's hammack says core services inflation has been high; worries what higher rates could do to rest of economy; consumer sector has shown resilience; if consumer data holds up fed policy may not be restrictive enough; ai investment has put upward pressure on inflation; it's important that central bankers are transparent about reaction function
Live on cnbc, fed's hammack says job market is right around full employment, growth looks good; inflation is still too high, fed may need to consider rate hikes; will go into fed meetings with open mind, won't prejudge outcomes; core inflation has been elevated, it's not just an energy story; sees a broad based story for high inflation
Faa prepares aircraft-technology mandate after d.c. midair crash; faa mandate under discussion would require nearly all aircraft in civilian airspace to use ads-b systems; administrator bryan bedford has tasked staffers to draft measure while safety legislation has stalled in congress' - wsj exclusive
Tom lee says crypto is 'not really broken', but missing bitcoin's best days can break your balance
U.S. supreme court rules against trump's order limit birthright citizenship
Dallas fed services revenues for june 9.8 vs 5.0 prior
Texas services sector outlook for june 2.9 vs -7.7 prior
USA jolts job openings for may 7.594m vs 7.280m est
USA cb consumer confidence for june 91.2 vs 94.4 est.
U.S. house committee sends letters to pfizer, eli lilly & bristol myers squibb probing china drug trials
Chicago pmi for june 56.7 vs 55.7 est
Reported earlier: 'us working on ban targeting chinese energy inverters, sources say' - reuters exclusive
Redbook retail sales index for june 2026 vs june 2025
Redbook retail sales index up 10.5% yoy for week ended 6/27/26