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29 June 2026

Markets & Macro

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Latest in Markets & Macro
San Diego County Sees Slight Drop in April Unemployment Rate Amid Steady Job Growth
Markets & Macro

San Diego County Sees Slight Drop in April Unemployment Rate Amid Steady Job Growth

San Diego County’s unemployment rate fell to 4.1% in April, with job gains led by government and leisure sectors despite declines in key industries, according to the latest state report.

Kevin Warsh sworn in as Federal Reserve chair amid Trump’s call for economic stimulus
Markets & Macro

Kevin Warsh sworn in as Federal Reserve chair amid Trump’s call for economic stimulus

Kevin Warsh took the oath as chair of the Federal Reserve in a White House ceremony where President Trump urged him to support economic growth while preserving the Fed’s independence.

Trump urges new Fed chair Kevin Warsh to maintain independence amid rate policy tensions
Markets & Macro

Trump urges new Fed chair Kevin Warsh to maintain independence amid rate policy tensions

President Trump called on Federal Reserve Chair Kevin Warsh to act independently, distancing him from political pressure after months of criticism toward the previous chair over interest rate decisions.

Kevin Warsh Faces Challenges Balancing Trump’s Pressure and Fed Independence as New Chairman
Markets & Macro

Kevin Warsh Faces Challenges Balancing Trump’s Pressure and Fed Independence as New Chairman

Kevin Warsh begins his tenure as Federal Reserve chair amid President Trump’s demands for rate cuts, inflation concerns, and institutional tensions within the Fed.

AI Could Displace Thousands of Jobs in New York City Amid Uncertain Economic Impact
Markets & Macro

AI Could Displace Thousands of Jobs in New York City Amid Uncertain Economic Impact

New York City’s chief financial officer warns AI may eliminate thousands of jobs this year, urging proactive local policies to manage both risks and opportunities.

Jane Street Faces Insider Trading Allegations Over TerraUSD Collapse Using Private Telegram Chat
Markets & Macro

Jane Street Faces Insider Trading Allegations Over TerraUSD Collapse Using Private Telegram Chat

Terraform Labs accuses Jane Street and traders of exploiting a private Telegram group to trade TerraUSD ahead of its depegging, triggering significant market losses.

Rising U.S. Treasury Yields Push Up Borrowing Costs for Mortgages and Loans
Markets & Macro

Rising U.S. Treasury Yields Push Up Borrowing Costs for Mortgages and Loans

Recent spikes in U.S. Treasury yields linked to geopolitical tensions have increased borrowing expenses, impacting mortgage rates, credit cards, and auto loans for consumers.

CSK Captain Acknowledges Team Transition Amid Difficult IPL 2026 Season
Markets & Macro

CSK Captain Acknowledges Team Transition Amid Difficult IPL 2026 Season

Chennai Super Kings faced a challenging IPL 2026 campaign marked by injuries and inexperience, as captain Ruturaj Gaikwad highlights the squad’s ongoing rebuild and resilience.

Federal Reserve Proposes Limited “Skinny” Accounts for Fintech and Crypto Firms
Markets & Macro

Federal Reserve Proposes Limited “Skinny” Accounts for Fintech and Crypto Firms

The Federal Reserve introduced a plan for restricted payment accounts aimed at fintech and crypto-linked banks, while pausing Tier 3 application decisions pending regulatory review.

Top Grocery Store Steaks Favored by Grill Enthusiasts for Summer Cookouts
Markets & Macro

Top Grocery Store Steaks Favored by Grill Enthusiasts for Summer Cookouts

Grocery shoppers turn to select stores for quality steaks that balance taste and price during grilling season, offering options from budget-friendly to premium cuts.

Pandey and Powell Lead Kolkata Knight Riders to Crucial Win Against Mumbai Indians
Markets & Macro

Pandey and Powell Lead Kolkata Knight Riders to Crucial Win Against Mumbai Indians

Kolkata Knight Riders secured a vital victory over Mumbai Indians, with key performances from Manish Pandey and Rovman Powell keeping their IPL 2026 playoff hopes alive.

US Treasury Targets Sinaloa Cartel’s Crypto Network Linked to Fentanyl Trafficking
Markets & Macro

US Treasury Targets Sinaloa Cartel’s Crypto Network Linked to Fentanyl Trafficking

The US Treasury imposed new sanctions on a crypto money-laundering ring led by key figures tied to the Sinaloa Cartel’s fentanyl operations, including several Ethereum addresses.