Macro For The Average Joe
What's going on with money and the economy, in plain English. Power user? Full Newswire →
What's happening today
- InflationWhat is this? How fast prices are rising. High inflation shrinks what your paycheck buys. (CPIWhat is this? Consumer Price Index: the government's main measure of how fast everyday prices are rising (inflation).) report comes out Wednesday at 8:30 AM ET — shows how fast prices are rising; it moves mortgage rates and FedWhat is this? The Federal Reserve, America's central bank. It raises or cuts interest rates to fight inflation or support jobs. decisions. Source →
- Fed Beige BookWhat is this? A Fed report, 8 times a year, summarizing how businesses around the country say things are going. comes out Wednesday at 2:00 PM ET — the Fed's round-up of how businesses across the country are doing. Source →
- Big story (5 outlets): Americans Robert E. Hall and Michael Woodford win Nobel memorial prize in economics Read →
- Big story (3 outlets): Microsoft president says milk faces more regulation than AI Read →
Built automatically at 12:39 PM ET from headlines several outlets agree on and official release calendars. Hover or tap any ? word for a plain-English explanation.
Top stories
The stories the most news outlets are covering right now.
More trending stories →Coming up this week
Scheduled government reports and Fed events (official calendars).
- Tomorrow at 3:45 AM ETFedWhat is this? The Federal Reserve, America's central bank. It raises or cuts interest rates to fight inflation or support jobs. official speaksWhy it matters: Hints about future interest-rate moves can move markets.
- Wednesday at 5:40 AM ETFed official speaksWhy it matters: Hints about future interest-rate moves can move markets.
- Wednesday at 8:30 AM ETInflationWhat is this? How fast prices are rising. High inflation shrinks what your paycheck buys. (CPIWhat is this? Consumer Price Index: the government's main measure of how fast everyday prices are rising (inflation).) reportWhy it matters: Shows how fast prices are rising; it moves mortgage rates and Fed decisions.
- Wednesday at 2:00 PM ETFed Beige BookWhat is this? A Fed report, 8 times a year, summarizing how businesses around the country say things are going.Why it matters: The Fed's round-up of how businesses across the country are doing.
- Thursday at 8:30 AM ETWholesale prices (PPIWhat is this? Producer Price Index: prices businesses pay and charge before goods reach stores. An early hint of future inflation.) reportWhy it matters: An early hint of whether store prices will rise.
Markets
Stocks and what moved them.
- REIT Q3 scorecard: Quant picks strong buys, sells as XLRE falls 7.4%
- Intermex falls on report California review of deal may be driven by new leadership
- Auto & Transport Roundup: Market Talk
- Buy these stocks as plays on Google’s big spending, analyst says
- XRP treasury Evernorth debuts on the Nasdaq: What crypto investors should know
Economy & Fed
Prices, jobs, interest rates.
- How do we deal with Chinese overcapacity?
- Labor markets and structural transformation in times of change: AI and demographic shifts
- A Nobel prize for how to keep economies on an even keel
- Empresas de México temen más riesgos locales que aranceles: CCE
- Delta delays debut of Saudi Arabia service until March after Riyadh airport attacks
Crypto
Bitcoin and friends.
- Ledger Says All Confirmed Cases in Suspected $87M Drain Tied to Reseller CryptoBilis
- Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high
- Derive proposes treasury funding for a US-regulated derivatives push
- Ledger Says All Confirmed Cases Trace to Reseller CryptoBilis, Gives No Loss Total
- Derive Proposes Treasury Funding for US-Regulated Derivatives Push
Latest headlines
Newest from all outlets.
- How do we deal with Chinese overcapacity?
- Labor markets and structural transformation in times of change: AI and demographic shifts
- REIT Q3 scorecard: Quant picks strong buys, sells as XLRE falls 7.4%
- Intermex falls on report California review of deal may be driven by new leadership
- Ledger Says All Confirmed Cases in Suspected $87M Drain Tied to Reseller CryptoBilis
Jargon, decoded
Show the plain-English glossary
- Fed
- The Federal Reserve, America's central bank. It raises or cuts interest rates to fight inflation or support jobs.
- FOMC
- Federal Open Market Committee: the Fed group that meets 8 times a year to set interest rates.
- CPI
- Consumer Price Index: the government's main measure of how fast everyday prices are rising (inflation).
- PCE
- Personal Consumption Expenditures prices: the Fed's favorite inflation gauge, similar to CPI.
- PPI
- Producer Price Index: prices businesses pay and charge before goods reach stores. An early hint of future inflation.
- jobs report
- The monthly Employment Situation report: how many jobs were added and the unemployment rate.
- GDP
- Gross Domestic Product: the total value of everything the economy produces. Shrinking GDP can mean recession.
- Treasury
- US government bonds. Investors lend money to the government; the interest rate they get is the 'yield'.
- yields
- The interest rate a bond pays. Rising yields usually mean higher mortgage and loan rates.
- inflation
- How fast prices are rising. High inflation shrinks what your paycheck buys.
- recession
- A broad, lasting slowdown in the economy, usually with job losses.
- S&P 500
- An index of 500 large US companies; the usual shorthand for 'the stock market'.