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The January CPI report showed appliance prices surging 2.6% in a single month, providing the clearest evidence yet that tariff costs are being passed directly to American consumers.
The Trump administration is working to narrow its 50% steel and aluminum tariffs as the affordability crisis intensifies ahead of midterm elections and six House Republicans vote to terminate Canada trade duties.
Six House Republicans joined with nearly every Democrat to pass Joint Resolution 72, which seeks to terminate the national emergency Trump declared to impose tariffs on Canada. The vote marks the first successful Congressional challenge to the administration's tariff authority.
The EIA's February 2026 forecast projects Brent crude averaging $58 per barrel and retail gasoline at $2.90 per gallon, the lowest since 2021, as a global oil surplus reshapes energy markets.
As traditional payroll growth slows and federal workforce cuts accelerate, a growing number of Americans are turning to Uber, DoorDash, and Instacart not as a side hustle but as a lifeline.
The US collected $187 billion more in tariff revenue in 2025 than 2024, with businesses absorbing roughly 80% of costs. In 2026, that ratio is flipping as companies exhaust their ability to shield consumers.
The federal government lost 34,000 jobs in January 2026, the largest monthly decline in federal employment in years, as deferred resignation offers and agency restructuring show up in BLS data for the first time.
The US economy added 130,000 jobs in January 2026, well above the 55,000 consensus, but BLS benchmark revisions erased 898,000 positions from 2025 totals, revealing near-stagnation in last year's labor market.
McDonald's reports fourth-quarter 2025 results before the bell, with analysts expecting $3.05 EPS and $6.84 billion in revenue as the fast-food giant's value strategy faces its biggest test yet.
February 10 marks one year since Trump expanded Section 232 tariffs to 25% on all steel and aluminum imports. Domestic capacity utilization surged above 80%, but manufacturers and consumers are bearing the cost.
Moody's projects real consumer spending growth will slow to just 1.5% in 2026, half of recent levels, as the American consumer that powered the post-pandemic economy starts to buckle.
American businesses absorbed roughly 80% of tariff costs in 2025, but that ratio is rapidly flipping as companies pass hundreds of billions in duties to consumers in 2026.