Economy & Markets

Unemployment Steady, Growth Holds Despite Inflation Above Fed Target

Labor market resilience continues as economic data shows growth persisting while consumer prices remain elevated above 2% goal

By James Callahan · Saturday, February 7, 2026 · 3 min read
Economy & Markets

Fed Holds Rates Steady at 4.25% as January CPI Surprises to the Upside

Inflation came in at 2.8%, above the 2.6% consensus. Here's what economists across the spectrum are saying about the path forward.

By Marcus Webb · Friday, February 6, 2026 · 3 min read
Economy & Markets

Mamdani Calls for NYC Housing Plan While Criticizing ICE, City Faces Budget Shortfall

The mayoral candidate’s proposal promises affordable homes for all families, but city officials warn the plan could widen the $1.5 billion budget gap.

By Marcus Webb · Friday, February 6, 2026 · 3 min read
Economy & Markets

Ruling Is a Victory for World Trade, but Also Tricky

The Supreme Court upheld a WTO‑backed exemption for U.S. exporters, yet the decision leaves several tariff‑related provisions unsettled.

By Marcus Webb · Friday, February 6, 2026 · 3 min read
Economy & Markets

Senator Grenell Calls Ice Rink Vandal Terrorist as Federal Authorities Pursue Suspect in Toxic Attack

The incident, involving a chemical spray at a Minnesota ice rink, has sparked debate over labeling domestic vandalism as terrorism.

By Marcus Webb · Friday, February 6, 2026 · 3 min read
Economy & Markets

G-7 Ready to Release Oil Stockpiles If Needed to Support Supply

The Group of Seven nations signal willingness to tap strategic reserves amid ongoing volatility in global oil markets.

By Marcus Webb · Friday, February 6, 2026 · 3 min read
Economy & Markets

States Need Data Tools and Incentives to Stop Improper Federal Payments

With $2 trillion in annual deficits, experts say federal databases to verify eligibility are underutilized despite known gaps.

By Marcus Webb · Friday, February 6, 2026 · 4 min read
Economy & Markets

House Budget Chairman Outlines Path to Pay for Iran Military Campaign Through Reconciliation

Arrington says second GOP-only budget package would offset defense costs with anti-fraud provisions, as Trump administration considers $200 billion war request

By Marcus Webb · Friday, February 6, 2026 · 3 min read
Economy & Markets

U.S. Tomahawks Deployed in Iran Conflict Exceed Annual Procurement Rate

Over 850 missiles used so far, roughly nine times the Pentagon's average yearly Tomahawk purchases.

By Marcus Webb · Friday, February 6, 2026 · 3 min read
Economy & Markets

Cartel Prices Remain High After Kingpin Arrests, Study Shows

A University of Chicago analysis finds street prices for cocaine and methamphetamine held steady despite the removal of top traffickers, challenging standard supply‑and‑demand expectations.

By Marcus Webb · Friday, February 6, 2026 · 3 min read