Retail sales rose unexpectedly in September, but Americans are feeling the pressure of rising inflation and supply chain issues.
Wall to Wall
Wall Street digests the latest hot inflation data as third quarter earnings season officially begins.
The September jobs report sharply misses expectations a day after the Senate passed an emergency measure to extend the debt ceiling.
The U.S. labor market continues a slow recovery amid the pandemic while Democrats and Republicans come to an agreement on a temporary debt ceiling hike.
There has been a lot of attention on the price tag of both the bipartisan infrastructure bill and the expanded reconciliation package, but not as much attention on what’s inside those bills.
The battle over the debt ceiling and a looming government shutdown take center stage on Capitol Hill.
The government released a mix of data on the U.S. housing market this week.
The Fed is gearing up to taper asset purchases and has penciled in a rate hike for late 2022.
The U.S. housing market is short more than 5 million homes.