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U.S. Consumer Sentiment Index Falls to 46.3 in October
Finance
— 14h
University of Michigan preliminary October consumer sentiment fell to 46.3, lowest since May, as cost-of-living frustration mounted and inflation expectations rose.
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US Jobless Claims Fall Fifth Straight Week
x/federal-reserve-system
— 1d
U.S. initial jobless claims fell by 2,000 to 197,000 last week, below forecasts and marking a fifth consecutive weekly decline. The figures point to persistently low layoffs and a tight, low-hire, low-fire labor market, though continuing claims rose, suggesting some unemployed workers may be taking longer to find jobs.
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Priya Raman
A low hire low fire setup keeps unemployment numbers steady but it also limits opportunities for people trying to switch jobs.
Supply Chain Pressures Rise, Adding Inflation Risks
Finance
— 3d
The New York Fed’s Global Supply Chain Pressure Index rose modestly to 1.28 in September from a revised 1.20 in August, though it remains below its May peak and far beneath pandemic-era highs. The increase comes amid reports of tariff-related supplier delays and could add to costs and inflation pressures.
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US Goods Trade Deficit Widens More Than Forecast to $132.6B
x/united-states-trademark-law
— Sep 30, 2026
The U.S. goods trade deficit widened to $132.6 billion in August, well above expectations, as imports surged while exports rose modestly. The widening gap could weigh on third-quarter economic growth, though rising inventories may partly offset the drag.
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IJR
EPA Shelves Biden’s Chemical Spill Rule Until 2030 And Strips Its Climate Mandates
Simon August · 6 min · 5h
US Airfares May Stay High Despite Falling Fuel
x/united-states-trademark-law
— Sep 28, 2026
Average domestic fares rose to $436 in April-June 2026 even after jet fuel fell from $4.88 to $2.70 a gallon; Thanksgiving round-trips average $402, up 31%.
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Nicole Hardy
Thanksgiving trips costing 31 percent more shows carriers are not competing hard enough on price.
Most Influential Women in World History
Yourlist
— Ranking
From ancient queens who ruled empires to modern activists who changed laws, these women left indelible marks on politics, science, and culture. Vote for who you think shaped history most profoundly.
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Japan Services Prices Rise at Fastest Pace Since June 2024
x/the-bank-of-japan
— Sep 28, 2026
Japan’s services producer price index rose 3.7% year over year in August, its fastest pace since June 2024, as freight, advertising and rental costs increased. The broadening price pressures support expectations that the Bank of Japan may raise interest rates further.
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Elena Vasquez
Rising service costs from freight and rents will squeeze smaller firms, so the Bank of Japan should move slowly on any rate hike.
UK Economy Grows 0.4% in July, Beating Forecasts
x/the-united-kingdom
— Sep 11, 2026
Britain’s July GDP rose 0.4%, led by services and supported by a resilient economy that has outpaced expectations and maintained growth momentum into Q3; analysts note the oil-price surge from Middle East tensions could test the inflation and BoE path, while some commentators warn the pickup may reflect seasonal effects. The data reinforce a bright start to 2025’s second half and support forecasts of stronger 2026 growth, even as the BoE weighs higher inflation risks and policy responses.
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Marcus Bell
Good news on growth but oil prices from the Middle East could still push inflation higher and complicate things for the Bank.
Inflation Cools to 2-Year Low in May
Reporting
— Jun 13, 2023
The pace of inflation continued to slow in May to the lowest point in more than two years. On Tuesday, the latest consumer price index data (CPI), a measure of the price of goods and services, showed inflation rose 4%…
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Small Business Owners’ Optimism Rebounded In May, Economists Say
x/national-federation-of-independent-business
— Jun 10, 2025
U.S. small businesses owners’ optimism rose slightly in May, according to a survey released Tuesday from the National Federation of Independent Business (NFIB). The NFIB’s Small Business Optimism Index, a measure of…
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Father swan flaps at kayak as Porter frees hooked cygnet in three minutes
Graham Porter kayaked out near Godmanchester on October 2 and untangled a cygnet while its father hissed nearby. The bird swam back quacking.
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May Inflation Data ‘Bodes Very Well’ For US Economy, Analysts Say
x/consumer-price-index
— Jun 11, 2025
Inflation rose less than expected in May, according to data from the Bureau of Labor Statistics (BLS) released on Wednesday. The consumer price index (CPI), a broad measure of the prices of everyday goods, increased a…
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Tech Stocks Surge After Trump Admin Weighs Possible US Gov’t Stake In AI Companies
x/donald-john-trump
— Jun 8, 2026
Several major AI stocks rose in early Monday premarket trading after President Donald Trump told reporters the U.S. government may take equity in Big Tech companies. Nvidia rose over 1%, while fellow chipmakers Marvell…
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Madonna vs Lady Gaga
Yourlist
— VS Battle
The Queen of Pop versus the artist who studied at her throne.
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Bank loan delinquency hits 9-year high in May
Finance
— Jul 21, 2026
Korean banks’ won-denominated loan delinquency rate rose to 0.67% at end-May, the highest in nearly nine years, driven by a jump in corporate lending and a spike in new delinquencies as write-offs fell. SME loans reached 1.00% and large corporates also rose, highlighting growing distress among small and mid-sized borrowers amid high rates and slower demand.
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Inflation Rose 7.1 Percent in November, Lower Than Economists Predicted
Reporting
— Dec 13, 2022
The pace of price increases in November was lower than expected, a sign the Federal Reserve’s efforts to tamp down inflation through rate hikes may be working. The latest report from the Labor Department found the…
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German industrial output posts steepest drop in a year amid auto slump
x/germany
— Sep 7, 2026
Germany’s industrial production declined 1.1% month-on-month in July, led by a 9.2% drop in automobile output due to multi-week production pauses, while energy generation rose and other manufacturing categories eased; year-on-year, output fell about 1.6%. The May–July period shows a marginal three-month uptick in activity and orders rose in July, underscoring a mixed trajectory as markets weigh ECB policy and broader demand.
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Marcus Bell
Auto sector production pauses dragging everything down again, but orders rising in July is a decent sign for autumn.
IJR
America’s War On Cartels Gets A War On Terror Makeover
Jillian Butler · 4 min · 6h
RBI Sells $6.1B in May to Stabilize Rupee
x/reserve-bank-of-india
— Jul 22, 2026
The RBI again net sold about $6.1 billion in May in the spot forex market to cushion the rupee against volatility from higher oil prices, marking the third straight month of selling and contributing to a FY26 record net sale of roughly $53.1 billion. Despite heavy interventions, the rupee remained broadly stable with some depreciation, while the bank’s forward position also rose as it hedges against further dollar strength.
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What were you actually built to do?
Quizie
— Quiz
Not the job you have — the one your wiring has been begging for. Twelve questions and the AI writes the job description.
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UK unemployment holds at 4.9% in May
Finance
— Jul 21, 2026
UK unemployment stayed at 4.9% for the three months to May 2026, even as payroll data showed a drop in company payrolls and vacancies continued to ease, pointing to a mixed jobs picture. Wages remained firm, with regular pay at about 3.4% and total pay higher, while employment rose overall and second jobs increased, underscoring a still-tight but gradually softening labor market.
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‘It’s Going To Be a While’: Report Says Manchin May Detain Biden’s Build Back Better Bill for Months
Reporting
— Nov 11, 2021
In the wake of a report showing inflation’s claws have sunk into consumers, Democratic Sen. Joe Manchin’s motto might as well be “Build Back Slower.” Inflation rose 6.2 percent in the 12 months that ended in October…
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Canada Inflation Climbs to 3% in July
Finance
— Aug 15, 2026
Canada’s annual inflation rate rose to 3% in July, driven by higher gasoline prices and travel costs, with the monthly CPI up 0.5% and core inflation around 2%, signaling the Bank of Canada may keep policy rates steady as energy-driven pressures linger.
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Key Inflation Metric Moves Wrong Way in New Gov’t Report, Combines with Income Stagnation to Fuel Debt Spiral
Reporting
— Sep 1, 2023
New data about the economy shows that Americans spent money as if they had it this summer, but a new report suggests the party may not last much longer. A Commerce Department report noted that consumer spending rose 0.8…
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FaithTap
Shackleton Rescues All 27 Men of the Endurance
After his ship was crushed by Antarctic ice, Ernest Shackleton led a rescue mission that brought every crew member home alive.
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Hope for Prisoners Founder Jon Ponder Arrested
x/donald-john-trump
— Aug 18, 2026
Las Vegas-based Hope for Prisoners founder and CEO Jon Ponder was arrested on multiple sexual assault-related charges after a police investigation, with investigators saying there may be additional victims. Ponder, a three-time felon who led the reentry group and was pardoned by President Trump in 2020, rose to prominence for his crime-reform work before the latest allegations surfaced.
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Japan factory output rises 0.1% in July, extending surprise four-month streak
x/the-bank-of-japan
— Aug 31, 2026
Japan's July industrial production rose 0.1% month-on-month and 4.1% year-on-year, signaling resilience in manufacturing amid global headwinds but with momentum cooling from June. The data prompts cautious optimism for growth and potential Bank of Japan policy considerations, while analysts warn that gains may be uneven and unsustained, depending on global demand and sectoral dynamics.
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Treasury Buybacks May Exceed $4B, Sept 9–Nov 4
x/federal-reserve-system
— Aug 19, 2026
The Treasury doubled the size of its longer-dated buyback operations to at least $4 billion per operation, effective September 9 through November 4, 2026, to bolster liquidity in the long end as yields rose. The move sparked a mixed market response and sparked debate over whether it constitutes QE-lite, with longer-dated yields easing on the news but ongoing volatility driven by debt issuance and geopolitical tensions.
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Japan Wages Rise 4.7%, Fastest Since 1997
Finance
— Sep 8, 2026
Japan’s July wages surged, with real wages up 2.4% year-on-year—the seventh straight monthly gain and the strongest since May 2021—while nominal cash earnings rose 4.7% to about ¥436,401, the fastest since January 1997. The data, led by a 4.1% jump in base pay and 6.3% in special payments, alongside a 2.2% inflation rate, strengthens the case for a BOJ rate hike next meeting and is shaping market expectations for the yen and equities, with broader implications discussed for global markets including tech firms like SMCI.
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