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Mehr News Agency of Iran: An explosion was heard in Sirik, Iran (near the Strait of Hormuz), for unknown reasons.
2026-05-08
Mehr News Agency of Iran: An explosion was heard in Sirik, Iran (near the Strait of Hormuz), for unknown reasons.
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2026-05-08
Conditions in the American labor market remain remarkably stable. Labor market demand, although soft by recent standards, is more than sufficient to keep the unemployment rate from rising as the economy adjusts to a historic supply shock that will so
Conditions in the American labor market remain remarkably stable. Labor market demand, although soft by recent standards, is more than sufficient to keep the unemployment rate from rising as the economy adjusts to a historic supply shock that will soon erase nominal wage gains that is causing household consumption to slow. Thus, an uneasy status quo best described as a low hire, low fire labor market remains intact.
2026-05-08
Federal Reserve Governor Milan: The Fed remains calm in its response to the energy shock.
Federal Reserve Governor Milan: The Fed remains calm in its response to the energy shock.
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