March PPI: Producer Price Index Dropped 0.4% (2025)
The Producer Price Index (PPI) measures the average change over time in the prices that domestic producers receive for their goods and services. Also, it’s a key indicator of inflation at the wholesale level, reflecting price changes from the perspective of the seller rather than the consumer. The Bureau of Labor Statistics (BLS) releases the […]
JPMorgan Q1 Earnings: 15% Increase in AUM (2025)
J.P. Morgan Chase & Co. is based in New York City. It is a leading global financial services firm with a history dating back to 1799. The company offers services like consumer and commercial banking, investment banking, financial transaction processing, and asset management. With assets totaling $4.1 trillion and operations in over 100 countries, J.P. […]
BlackRock Q1 Earnings: 12% YoY Revenue Increase (2025)
BlackRock, founded in 1988, stands as the world’s largest asset management firm, with headquarters in New York City. Under the leadership of Larry Fink, the company has grown to manage approximately $11.5 trillion in assets as of 2024. BlackRock offers a wide range of investment services including mutual funds, exchange-traded funds (ETFs), and risk management […]
March Inflation Fell 0.1%; First Drop in 5 years (2025)
An inflation report is published by the government, typically by the central bank, and provides detailed information on current inflation rates. It includes data on price changes for various expenditure categories like housing, food, and transportation, and identifies factors driving inflation. A Consumer Price Index (CPI) report measures the average change in prices paid by […]
March 19 FOMC Minutes of Meeting (2025)
The Federal Open Market Committee (FOMC) is a branch of the Federal Reserve System responsible for overseeing the nation’s open market operations. This includes making key decisions about interest rates and the growth of the United States money supply. The FOMC meets several times a year to discuss and set monetary policy, aiming to achieve […]
March Unemployment Rate Rise to 4.2%, Payrolls Surge (2025)
The unemployment rate is a measure of the percentage of the total labor force that is unemployed but actively seeking employment and willing to work. It’s a key indicator of the health of the labor market and the economy. For example, an unemployment rate of 4.2% means that 4.2% of the people who are able […]
Reciprocal Tariffs: Alter Global Trade & Economic Growth (2025)
On April 2, 2025, former President Donald Trump announced sweeping reciprocal tariffs, dubbing the day “Liberation Day.” These tariffs aim to match the import duties placed on U.S. goods by other nations, targeting trade imbalances. A baseline 10% tariff was imposed on all imports, with higher rates for countries contributing significantly to the U.S. trade […]
February Job Openings Steady: 7.6M Job Opened (2025)
The Job Openings and Labor Turnover Survey (JOLTS), produced monthly by the U.S. Bureau of Labor Statistics (BLS), offers a comprehensive look at the health of the labor market. This report provides valuable insights into job vacancies, hiring trends, and employee turnover. Specifically, it details the number of job openings, the volume of new hires, […]
March ISM Manufacturing PMI: Shows Contraction (49)
The Manufacturing PMI (Purchasing Managers’ Index) is an important economic measure from the Institute for Supply Management (ISM). It shows the health of the manufacturing sector by collecting data from purchasing managers at different manufacturing firms across the U.S. The PMI is a combined index that includes new orders, production, employment, supplier deliveries, and inventories. […]
February Core PCE Price Index Surge 2.8% YoY (2025)
The Personal Consumption Expenditures (PCE) Price Index is a key inflation gauge used by the Federal Reserve to assess the prices of goods and services consumed by households. Unlike the Consumer Price Index (CPI), the PCE adjusts for changing consumer behavior, reflecting how people shift spending as prices change. The core PCE, which excludes volatile […]