American Politics & Economy Pulse

Macroeconomic Data Releases

• 🔥 April PCE and Income Report: April PCE rose with personal income flat at 0.0% m/m versus +0.4% expected and...

No significant updates today.

No significant updates today.

Federal Housing Legislation

• 🔥 Bipartisan Housing Bill Advances: The 21st Century ROAD to Housing Act passed the House 396-13 after Senate...

New Fed Chair Kevin Warsh steps in amid sticky structural inflation that oil price drops won't quickly fix, even as markets price a 60% chance of...

Americans overwhelmingly blame the Iran conflict for surging gas prices at $4.53/gallon, with 67% citing the war as the main driver and two-thirds...

Bipartisan momentum builds on major housing legislation despite lingering hurdles.

• The 21st Century ROAD to Housing Act cleared the House 396-13...

Delaware's new paid leave program stands out for giving employers direct administrative control rather than relying on state management.

• Wage...

Domestic corporate profits surged to $4.35 trillion in Q4 2025 with 10% year-over-year growth, powering the SPDR S&P 500 ETF Trust up 9% YTD and 28%...

Ticket-splitting is fading fast in Montana elections, with 73% of Democrats and 71% of Republicans saying they are unlikely to cross party lines. The...

Fed Policy and Inflation Data

• 🔥 June Fed Rate Decision Preview: Markets are pricing in a possible hawkish June FOMC move as April FOMC minutes...

The Supreme Court will hear Crowther v. Board of Regents this fall, testing whether public-university employees can sue for sex discrimination under...

• Indiana unemployment fell to 3.2% in April, well below the national 4.3% rate, with labor force participation at 63.2%.
• Michigan projects an 18%...

• May data confirmed stagflation: manufacturing input prices jumped to 80, CPI estimated at 4.2%, gas rose to $4.52/gallon, and consumer sentiment...

• Pennsylvania primaries delivered quiet wins for incumbents, with data centers emerging as a bipartisan flashpoint for November.
• Election...

Outdated union rules let LIRR engineers earn $292k on a $50/hr base, with 11 workers pulling $200k+ in overtime alone and extra full-shift pay for...

• March PCE surge (0.7% MoM, 3.5% annualized) and spreading price pressures in food, airfares, and chips set up the May 28 April report as decisive.
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The Senate unanimously passed the Stop Stealing Our Chips Act, creating a whistleblower program at the Commerce Department’s Bureau of Industry and...

AI-driven productivity gains shift the IS curve right, lifting both output and interest rates. Central banks must then choose between allowing higher...

Federal Reserve Leadership

• 🔥 Warsh Sworn In as Fed Chair: Kevin Warsh was sworn in as Federal Reserve chair and reaffirmed commitment to policy...