Economy, Macro & Fed Headlines
Trending
Same story = outlets reporting the same development · Related = other anglesNo stories are being covered by multiple outlets right now.
CNBC
FreeFree; CNBC PRO pieces are subscriber-only- From BJ’s to Lululemon, retailers are trimming assortments to boost business
Retail brands are shrinking assortments to get back to healthy growth, while box stores are culling products to better curate offerings and stabilize business.
Read at CNBC → - Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strong
Delta Air Lines reported third-quarter earnings and missed Wall Street estimates for the first time in two years.
Read at CNBC → - Delta CEO: 'Safety is going to make the call' on launching Saudi Arabia flight
Delta is weighing whether to continue with its Riyadh, Saudi Arabia flight debut as planned.
Read at CNBC →
- Why a Starbucks takeover of Chipotle would — and wouldn't — make sense for both companies
Starbucks has reportedly been working with advisers on a takeover proposal for Chipotle, but a potential deal comes with pros and cons for investors.
Read at CNBC → - Skydance's David Ellison tells CNBC combined company is 'positioned to win in every single vertical'
Skydance includes two film studios, the CBS broadcast network, a sprawling pay TV portfolio and streaming services Paramount+ and HBO Max.
Read at CNBC → - Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic
Levi Strauss on Wednesday posted earnings that beat expectations, though it saw benefits from tariff refunds.
Read at CNBC → - PepsiCo cuts earnings forecast as North American turnaround takes longer than expected
Pepsi's North American business continues to lag behind its international markets.
Read at CNBC → - Lululemon poaches Athleta CEO as new chief product officer
Lululemon announced Wednesday that Athleta CEO Maggie Gauger is joining the company as its chief product officer, a newly created role.
Read at CNBC → - Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat earnings and revenue expectations as beer brands gained share, while inventory rebuilding and consumer caution clouded demand.
Read at CNBC →
WSJ
PaidHard paywall- When companies stop driving a hard bargain, Cleveland Fed President Beth Hammack starts worrying
Beth Hammack says businesses’ pricing power and a sturdy economy show interest rates aren’t yet high enough to tame inflation.
Read at WSJ → - Heard on the Street: Lennar and KB Home both say they are facing tougher competition from regular owners who are more motivated to sell
Competition for buyers is heating up, which will force companies like Lennar and KB home to beef up incentives.
Read at WSJ → - Answers to frequently asked questions about The Wall Street Journal's Economic Forecasting survey plus links to stories and archival data.
Answers to frequently asked questions about the survey plus links to survey stories and archival data.
Read at WSJ →
- President Trump has formed a committee to evaluate the mortgage-fraud allegations made against Fed governor Lisa Cook
The move signaled a renewed effort to fire the Biden-appointed Fed governor as part of the president’s desire to wield more control over the central bank.
Read at WSJ → - Canada Jobless Rate Edges Up With Another Drop in Employment
Employers in Canada cut 68,300 jobs in September, nudging the unemployment rate up 0.1 percentage point to 6.5%.
Read at WSJ → - Week Ahead for FX, Bonds: U.S. Inflation Data in Focus
Investors will be focused on inflation data from the U.S., eurozone and China as well as U.K. economic growth figures and trade data out of China.
Read at WSJ → - Consumer Sentiment Drops, per Michigan Survey
The University of Michigan survey’s headline index fell to 46.3 in its preliminary October reading, versus 48.1 in September.
Read at WSJ → - AI Investment Boom to Drive Fastest Global Trade Growth Since Financial Crisis, WTO Forecasts
The Geneva-based body raised its growth forecast for the global trade in goods this year to 3.9% from 1.9%, and lifted its projection for next year to 4.1% from 2.6%.
Read at WSJ → - U.S. Jobless Claims Slide Yet Again
The number of people who filed for unemployment benefits was 197,000 in the week through Oct. 3, lower than the revised 199,000 reported a week earlier, the Labor Department said.
Read at WSJ →
Bloomberg
PaidHard paywall (limited free articles for registered users)- Midwest Housing Affordability Worsens With Higher Home Prices, Mortgages
In the region that’s often thought of as a refuge from the US housing squeeze, prices are rising and would-be buyers are feeling boxed out.
Read at Bloomberg → - China Moves to Stave Off Wider EU Trade War With Hybrid Deal
With an agreement to curb exports of hybrid vehicles to the European Union, China is betting it can sidestep harsher restrictions from the 27-member bloc with a gesture that has little immediate prospect of reshaping the overall trade relationship.
Read at Bloomberg → - Consumers Are Tapped and Wall Street Fears That’s a Rally Killer
Americans have been relentlessly spending their paychecks despite rising prices, buying pickup trucks with diesel near record highs and steak dinners even as the cost of beef soars.
Read at Bloomberg → - Healey Plans Short-Term UK Budget Giveaways to Limit Fiscal Pain
Chancellor of the Exchequer John Healey wants to help British voters with the cost of living while staying within the limits of his country’s stretched public finances. To square this circle, he’s planning a series of strictly short-term giveaways — and hoping the war in Iran…
Read at Bloomberg → - Australia Home Auction Clearance Rate Stuck Below 50% for Second Week
Australia’s home auction clearance rate held below 50% for the second week in a row as the central bank’s move to raise interest rates to a 15-year high weighs on buyer demand.
Read at Bloomberg → - US CPI to Show Overall Inflation Boosted by Higher Gasoline Prices
Higher gasoline prices probably led to quicker overall US inflation in September even as underlying price pressures moderated, supporting views that the Federal Reserve will refrain from raising interest rates this month.
Read at Bloomberg →
Investing.com
FreeFree; carries Reuters wire copy- What the sell off in bonds means for monetary policy
- Iran rejects U.S. stance on Hormuz as Trump weighs strikes over Riyadh attacks
- Middle East war, high debt levels to dominate IMF-World Bank meetings in Bangkok
- Deutsche Bank CEO warns extremist political gains risk investment in Germany
- Bank earnings, CPI headline busy markets week as S&P 500 hovers near records
- Deutsche Bank CEO urges faster German reforms, calls for flexible labour laws
Federal Reserve
FreeOfficial press releases (public domain)- Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families
- Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity related to money laundering
- Minutes of the Federal Open Market Committee, September 15-16, 2026
- Federal Reserve Board announces approval of application by Isabella Bank Corporation
- Federal Reserve Board announces approval of application by Fleur Capital Corporation
- Federal Reserve Board announces it will extend, until November 4, the comment period on its proposal to modernize Regulation O
- Federal Reserve Board issues enforcement action with Ontario Bancorporation, Inc.
- Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements
- Agencies publish resolution plan feedback letters for 15 banking organizations
Fed Speeches
FreeOfficial speeches (public domain)- Waller, The Signaling Value of the Summary of Economic Projections
Speech At the Istanbul Economic Forum, Central Bank of the Republic of Türkiye, Istanbul, Türkiye
Read at Fed Speeches → - Bowman, Modernizing the Regulatory and Supervisory Landscape
Speech At the 2026 Community Banking Research Conference, sponsored by the Federal Reserve System, the Conference of State Bank Supervisors, and the Federal Deposit Insurance Corporation, St. Louis, Missouri
Read at Fed Speeches → - Bowman, Modernizing Financial Regulation: Initial Observations from eSLR
Speech At the Atlantic Council 2026 CEO & Senior Management Summit, Washington, D.C.
Read at Fed Speeches →
- Jefferson, The U.S. Economy and Monetary Policy
Speech At the Darden School of Business, University of Virginia, Charlottesville, Virginia
Read at Fed Speeches → - Waller, The Data Version of Godzilla versus Kong: FRED Takes on AI
Speech At "Navigating Trust, AI and Storytelling in a World of Data," FRED Con 2026, Federal Reserve Bank of St. Louis, St.
Read at Fed Speeches → - Cook, The Dual Mandate in Rural America
Speech At the 2026 Investing in Rural America Conference, Federal Reserve Bank of Richmond, Asheville, North Carolina
Read at Fed Speeches → - Waller, Payments in the Age of AI Agents
Speech At Sibos 2026, Miami, Florida
Read at Fed Speeches → - Barr, Economic Conditions and Monetary Policy
Speech At the Detroit Economic Club, Detroit, Michigan
Read at Fed Speeches → - Bowman, Opening Remarks
Speech At the Community Bank Cyber Workshop, Denver, Colorado (via pre-recorded video)
Read at Fed Speeches →
The Economist
PaidHard paywall- Don’t feel sorry for millennials. They are living it up now
It is easy to exaggerate their economic woes
Read at The Economist → - Governments are mishandling the affordability crisis
They should lift incomes, not suppress prices
Read at The Economist → - Indian celebrations will be more expensive this year
Blame soaring sugar prices
Read at The Economist →
- Why shares are the new bricks and mortar
Household wealth is flowing from property to stocks
Read at The Economist → - In search of tax alpha
The taxman is losing patience with Americans’ shrewd use of tax losses
Read at The Economist → - The bond market sell-off is helping the dollar
But the strength of the greenback is not as reliable as in the past
Read at The Economist → - The world is facing an almighty LNG crunch
In time it could bring about an equally disruptive glut
Read at The Economist → - Governments want to hold America’s shares more than its debts
When countries switch towards riskier assets, the global economy feels the consequences
Read at The Economist → - Research on grasping bureaucrats startles Singapore
It is more revealing about its academic culture than its civil service
Read at The Economist →
NYT
LimitedMetered paywall- Whistle-Blower Says I.R.S. Leaked His Tax Records in Retaliation
Brian J. Visalli, a veteran investigator of tax fraud, said in a lawsuit that the agency had sent his personal and tax information to federal prosecutors.
Read at NYT → - Highest Mortgage Rates in 3 Years Chills the Housing Market
The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.
Read at NYT → - A.I. Fueled More Resilient Global Growth, W.T.O. Says
The World Trade Organization said that the drag on global trade from the war in the Middle East was more than offset by spending on goods related to artificial intelligence.
Read at NYT →
- U.S. Trade Deficit Hits 17-Month High Despite Trump’s Tariffs
Imports and the trade deficit have ballooned in recent months, defying the Trump administration’s efforts to reduce it through tariffs.
Read at NYT → - War With Iran Is Forcing the World to Reckon With Geography’s Power
Trade blockages in the Persian Gulf have reminded the world that there are forces as great as or greater than technology and globalization.
Read at NYT → - Hiring Slows as U.S. Jobs Report Shows Labor Market Shifting Into Lower Gear
The economy added fewer jobs in September and unemployment ticked up, while inflation has maintained pressure on markets and raised costs.
Read at NYT → - Black Unemployment Rose Sharply in September, Jobs Report Shows
Economists had taken a recent drop in Black unemployment as a hopeful sign that job gains were lifting a broad share of workers.
Read at NYT → - Here’s the latest.
- Soft Jobs Report Boosts Market Bets Fed Will Skip October Rate Increase
The odds of an interest rate change at the Federal Reserve’s meeting in late October have dropped following a softer jobs report and strong signaling from bank officials.
Read at NYT →