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US Personal Income at 10-Month High
US personal income rose 0.7% month-over-month in May 2026, beating market expectations of a 0.4% increase and rebounding from a flat reading in April. This was the strongest monthly gain...
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US Futures Hold Gains after PCE Report
US equity futures rose on Thursday after Micron Technology’s earnings report reignited enthusiasm for artificial intelligence–related stocks. Nasdaq 100 futures advanced more than 2%, while S&P 500 contracts gained 1%...
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Real US Personal Spending Rebounds in May
Inflation-adjusted US personal spending increased by 0.3% month-over-month in May 2026, following a revised flat reading in April. Goods outlays rebounded 0.5% after a 0.4% decline in April, driven...
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US Annual Core PCE Inflation Rises the Most Since October 2023
The US core PCE price index, the Federal Reserve’s preferred measure of underlying inflation, rose 3.4% year-on-year in May 2026, its fastest pace since October 2023 and well above...
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US Core PCE Prices Rise 0.3% in May as Expected
The US core PCE price index, the Federal Reserve’s preferred measure of underlying inflation, increased 0.3% month-over-month in May 2026, matching April’s gain and aligning with market expectations...
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Canada Weekly Earnings Growth Accelerates
Average weekly earnings for Canadian non-farm payroll employees rose 3.8% year-on-year to C$1,346 in April 2026, up from a 3.5% increase in March and representing the fastest pace of growth...
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US PCE Inflation Rises Less than Expected
The US Personal Consumption Expenditures (PCE) price index rose 0.4% month over month in May 2026, coming in below market expectations of a 0.5% increase and matching the pace recorded...
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US Consumer Spending Rises More than Expected
US personal spending increased by 0.7% month-on-month in May 2026, equivalent to a $156.1 billion rise. This marked an acceleration from April’s upward movement, which was revised down...
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US Initial Jobless Claims Fall More than Expected
The number of people filing for unemployment benefits in the US fell by 12,000 to 215,000 in the third week of June, marking a four-week low and coming in below...
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US Durable Goods Orders Slip as Expected
New orders for US-manufactured durable goods fell 4.5% month-on-month to $332 billion in May 2026, following an upwardly revised 8.5% surge in April and in line with market expectations. This...