The retail price for regular-grade gasoline in the United States on May 19, the Monday before Memorial Day weekend, averaged $3.17 per gallon (gal), 11% (or 41 cents/gal) lower than the price a year ago. ...

In Goldman’s latest global steel outlook, analysts Aurelia Waltham, Eoin Dinsmore, and others highlight a key inflection point: China’s share of global steel production has declined for the first time in over two decades, reversing a multi-decade ...

Despite the plunge in homebuilder confidence, US New Home Sales soared in April to 743k SAAR… The 10.9% MoM surge in sales in April (versus a 4.0% MoM expected decline) was bolstered by a big ...

Analyst and financial writer John Rubino has a new warning concerning Trump’s “Big Beautiful Bill” making its way through Congress and Moody’s downgrade of US debt.  The Big Beautiful Bill is going to explode the debt by ...

Back in August, when discussing Buffett’s ongoing liquidation of his Bank of America stake, we said that “Berkshire’s rising cash stockpiles merely reflect the firm’s inability to find deals in today’s overvalued and weak economic ...

Minutes after the BLS reported the biggest drop in manufacturing jobs since the COVID lockdowns, S&P Global reported its US Manufacturing PMI rose to 48.5 in October (still in contraction) from 47.3 in September (as ...

Such an ugly report – at least on the surface! Not only were only 12k jobs created, all of the jobs were in the public sector (government). Private payrolls dropped 28k. What impact did hurricanes ...