Category: Markets and Macro

As Arctic air settles over New England, Mainers are discovering that the state’s aging electric grid is as much a household concern as a policy debate. Power demand is spiking just as electricity prices climb to some of the highest levels in years, leaving lawmakers, regulators, and utilities scrambling to reinforce infrastructure while trying to…

A New York Fed analysis has confirmed what independent economists warned about for years: American businesses and consumers, rather than foreign exporters, shoulder the vast majority of the costs created by tariffs on steel, aluminum, and Chinese goods. The finding directly contradicts repeated political assurances that trading partners would bear the financial burden. With the…

Generation Z is redirecting money that previous generations would have saved for a down payment into brokerage accounts, and federal data now quantifies the scale of that shift. With home prices at record highs and mortgage rates stuck above 6%, the youngest cohort of working adults is building wealth through equities rather than real estate,…

XRP is gaining ground against Bitcoin on a metric that matters most to institutional traders: liquidity. A combination of improved regulatory visibility after key court developments in the SEC’s case involving Ripple, the emergence of a spot XRP exchange-traded product framework, and measurable improvements in order-book depth across major centralized exchanges may be shifting the…

For two years, Wall Street treated artificial intelligence as a tide that would lift every boat. Chipmakers, cloud providers, power utilities, and even speculative startups all rode the same upward current, their valuations swelling on the shared assumption that building AI required enormous, ever-growing capital expenditure. That assumption cracked on a single trading day when…

California drivers face some of the highest state-imposed fuel charges in the country, and the gap has remained large. A combination of excise taxes, sales levies, and other state-imposed costs has turned the Golden State into a case study in how policy can inflate the price at the pump. While many states nudged their gas…

The White House’s decision to suspend duty-free treatment for low-value imports strikes directly at the business model that made Temu one of the fastest-growing shopping apps in the United States. By eliminating the so-called de minimis exemption, which allowed packages valued under $800 to enter the country without customs duties, the administration has removed the…

A steep decline in Canadian visitors crossing the border by land has wiped out billions of dollars in spending that U.S. border communities and tourism-dependent businesses have long counted on. The scale of the loss, estimated at $4.5 billion, reflects a sharp contraction in one of the most reliable streams of international tourism revenue flowing…

President Trump’s reported decision to nominate Kevin Warsh as the next Federal Reserve chair is about more than replacing Jerome Powell. It signals a potential overhaul of how the central bank operates, one that could put the White House’s demand for lower borrowing costs on a collision course with a far more ambitious restructuring of…

January’s Consumer Price Index data, released by the Bureau of Labor Statistics, showed shelter costs rising 0.2% month over month, a reading that looks tame in isolation but carries outsized weight in the broader inflation picture. That single line item now accounts for roughly a third of the entire CPI basket, which means its direction…