White House Fires Back at NY Fed Research Arguing Americans Shoulder Most Tariff Costs
A political clash is brewing between the White House and central-bank researchers after Kevin Hassett publicly suggested punishment for the authors of a Federal Reserve Bank of New York analysis that challenges the administration’s tariff narrative. In a February 18 interview with CNBC, Hassett said the research was “an embarrassment,” called it “the worst paper” […]
New CEO, High Expectations: Walmart Signals a Cautious 2026 Outlook Despite Strong Momentum
Wall Street has spent months bidding up Walmart shares, but investors are bracing for a more measured tone when the retailer delivers its annual outlook alongside quarterly results. The key reason is timing: this is the first earnings report under new CEO John Furner, who took over at the start of February and inherits a […]
US Factory Output Jumps Most in 11 Months, Signaling a Tentative Manufacturing Rebound
U.S. manufacturing activity showed a noticeable pulse of life in January, with factory production posting its largest monthly gain in 11 months—a result that offers some optimism for a sector that has been pressured by higher borrowing costs and trade frictions. According to data, manufacturing output rose 0.6% in January after being flat in December, […]
