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The U.S. economy added 172,000 jobs in May, demolishing the 85,000 consensus estimate and cementing the labor market’s resilience despite elevated borrowing costs. April’s payroll count was revised sharply higher to 179,000 from an initially reported 115,000, meaning two consecutive months have now surpassed expectations. With a December rate hike …

Key Takeaways Claims beat forecasts: Initial jobless claims rose to 225,000 for the week ending May 30, above the 213,000 expected. Prior week revised down: The previous week’s reading was revised to 212,000 from the initially reported 215,000. 4-week moving average rises: The rolling average climbed 6,500 to 214,750 signaling …

ADP Private Payrolls: May 2026 U.S. private sector employment beat expectations in May, with the ADP National Employment Report showing 122,000 jobs added, above the Reuters economist consensus of 117,000. April’s figure was revised slightly downward to 105,000 from an initially reported 109,000. The report, developed jointly with the Stanford …

Key Takeaways May ADP beat: Private sector employment grew by 122,000 in May, topping the 117,000 expected. April revised up: The prior month’s reading came in at 105,000. Broad-based hiring: ADP’s chief economist noted the hiring was “more broad-based in May than we’ve seen in the last few years.” Summer …

Federal Reserve Signals Growing Concern Over Persistent InflationFresh minutes from the latest Federal Reserve meeting reinforced the growing belief across financial markets that US interest rates may stay elevated for longer than investors had previously expected. The discussion revealed a noticeably hawkish tone among policymakers, with several officials expressing discomfort …

The U.S. Senate has confirmed Kevin Warsh as the new chair of the Federal Reserve in a closely watched vote, marking the start of a new leadership era for the world’s most influential central bank.The confirmation comes at a sensitive moment for the U.S. economy, as inflation remains persistent, global …

Key Takeaways Headline CPI accelerates: U.S. consumer prices rose 3.8% year-on-year in April — beating both forecasts and March’s reading. Monthly pace eases: Month-on-month CPI slowed to 0.6% from March’s 0.9%, matching expectations. Core inflation surprises higher: Core CPI accelerated to 2.8% year-on-year, topping the 2.7% forecast. Monthly core hot …

Key Takeaways Closest yet: The White House believes it is approaching a one-page memorandum of understanding (MOU) with Iran — the closest the parties have been since the war began. 48-hour window: The U.S. expects Iranian responses on several key points within the next 48 hours. Witkoff and Kushner lead: …

The Federal Reserve has decided to keep its benchmark interest rate unchanged at 3.50%–3.75% during its April meeting, marking the third consecutive time policymakers have opted for stability. This outcome was widely anticipated by markets, which had already priced in a pause. The decision comes against a backdrop of heightened …

Key Takeaways: Equities edge lower: U.S. stocks opened in the red, with the Nasdaq slipping 0.4%, as lingering Middle East tensions weighed on early trading sentiment. Geopolitical gridlock: Despite President Trump extending the U.S.-Iran ceasefire, Iran’s seizure of commercial vessels in the Strait of Hormuz keeps peace talks deeply uncertain. …