American Politics & Economy Pulse

As 2026 midterms approach, states face distinct election administration pressures.

• Ohio is deploying a $1 million grant to recruit and train 15-30%...

New Jersey enacted three landmark bills requiring large AI data centers to fully fund grid upgrades like wires and substations, commit to at least 85%...

• TPS work permits for over 356,000 immigrants from Haiti, Syria and five other nations expire this month, forcing mass employer dismissals
• Supreme...

June CPI due Tuesday is projected to fall from May's 4.2% headline to around 3%, driven by easing tariffs, energy costs, and AI buildouts. Core...

US manufacturing technology orders reached $583.4 million in May 2026, up 47.8% from a year earlier despite a monthly dip. The first five months...

Kansas voters will decide in August whether to replace the current merit-based appointment system for Supreme Court justices with direct elections....

Conservative legal groups are calling for Justice Elena Kagan to recuse from Suncor Energy v. Boulder County, arguing her foreword to a climate...

Governor Waller warns that July core inflation above 0.3% MoM could prompt near-term rate hikes, lifting September hike odds to 50%.

New Chair Warsh...

The 21st Century ROAD to Housing Act became law automatically after President Trump let the 10-day window close without signing or vetoing it, underscoring broad bipartisan support for housing reform.

Trump wants automatic enrollment for up to 70 million children under 18 into Trump Accounts, shifting from the current opt-in process that requires...

Senate leaders plan a procedural vote this week on the NDAA, including wind energy provisions, while appropriations remain stalled.

• McConnell's...

Prediction markets have drawn nearly $200M in wagers on the midterms, with Kalshi seeing a 46% chance of Democratic takeover of both chambers.

• Trump...

• Trading surge: Geopolitical volatility and SpaceX IPO drive second-strongest quarter ever for equities desks
• Main Street pulse: Resilient consumer...

Treasury yields remained relatively flat despite rising U.S.-Iran tensions and a strained ceasefire, as markets focus on tomorrow's June 2026 core CPI...

Medicaid cuts slashing federal spending by $911 billion combined with intensified immigration enforcement now threaten the 2.3 million direct care...

AI is making labor more valuable, not obsolete. June 2026 jobs data show nonfarm payrolls rose 57,000, professional services added 36,000 roles, and unemployment held at 4.2 percent, with studies confirming no AI-driven disruption.

Fed Policy and Inflation Outlook

• 🔥 WSJ Survey Shifts Rate Path: Economists raised inflation projections and removed all Fed rate cuts from the...

• GOP dissent spreads: Reps. Gimenez, Lawler, Valadao and Gonzales urge prioritizing criminals and extending TPS protections amid healthcare and farm...

State Street PriceStats recorded a rare 0.18% June decline, pushing annual inflation to 4.5% and marking the first energy price drop in 18 years.
-...

Weekly data show bearish rate repricing with one rate hike fully priced by October and nearly two by April 2027.

Monthly view highlights remarkable...