The U.S. is down 75,000 manufacturing jobs since January 2025. Plus: the trade deficit, AI insurance, mortgage rate acceptance, and an upcoming Fed presser.
The Trump administration cut Temporary Protected Status for more than 330,000 Haitians. Plus: Fed expectations, wealth redistribution, and aircraft contrails.
But the number doesn’t reflect the broader employment situation. Plus: AI customer service chatbots, bond yields, luxury resorts, and Medicaid work requirements.
Yields have topped 5% for a couple weeks now, the longest since 2007. Plus: China’s flagging consumer economy, AT&T success with service bundles, and “anchored” inflation expectations.
