Chicago PMI Breaks 25-Month Contraction Streak With Stunning January Surge to 54
The Chicago Business Barometer surged to 54 in January, ending over two years of contraction and signaling the strongest economic rebound in the region since 2022.
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The Chicago Business Barometer surged to 54 in January, ending over two years of contraction and signaling the strongest economic rebound in the region since 2022.
Apple warns of constrained iPhone 17 supply as memory chip prices surge 230%. CEO Tim Cook says 'staggering' demand has left the company in supply chase mode with no visibility on when balance will be restored.
Brent crude tops $70 for first time since July as US-Iran standoff escalates. Oil is set for its biggest monthly gain since 2023, with markets rapidly repricing geopolitical risk.
Timber giant Weyerhaeuser reports Q4 2025 results with $74 million net earnings amid challenging lumber markets, while management signals optimism for spring improvement.
Nvidia finalizes $5 billion investment in Intel, announcing joint development of AI infrastructure and next-generation personal computing products using NVLink technology.
Netflix's all-cash $82.7 billion acquisition of Warner Bros. is set for shareholder vote in April, while only 7% of WBD shareholders accept Paramount's $108 billion hostile bid.
Tractor Supply Company reported Q4 earnings of $0.43 per share, missing estimates of $0.46, as rural America's discretionary spending pullback weighs on the farm and ranch retailer.
Nestlé will eliminate 16,000 jobs worldwide over two years, including 12,000 white-collar positions, as new CEO Philipp Navratil races to cut costs through automation and shared services.
U.S. factory orders jumped 2.7% in November to $621.6 billion, beating expectations of 1.5% growth. Transportation equipment led the surge with a 14.7% increase.
After a brutal 2025 that saw Chipotle fall 40% and Starbucks struggle under new leadership, analysts see a 'spicy revival story' as both chains implement aggressive turnaround strategies.
Despite crude oil prices falling below $55 per barrel, refining margins remain robust at $8-12 as the ability to turn raw crude into usable fuels becomes the market's primary bottleneck.
Amazon announces 16,000 job cuts, Meta slashes Reality Labs by 10%, and Pinterest restructures 15% of workforce as tech giants pivot resources toward AI development.