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Economy

Macro stories that shape growth, inflation, labor markets, household spending, public budgets, and investor expectations.

Inflation and rate path Growth and labor-market momentum Consumer demand and credit pressure

Economy

June 14, 2026

SpaceX Employees Create Low-Fee Choreo Wealth Management Option Post-IPO

A group of over 100 current and former SpaceX employees have formed a long-term relationship with Chicago-based Choreo to manage their post-IPO wealth, featuring...

Economy

June 14, 2026

GLP-1 Pipeline Expands as Lilly, Novo Nordisk and Pfizer Define Next Wave of Obesity Drugs

Lilly, Novo Nordisk and Pfizer outline a broader obesity-drug future, highlighting oral GLP-1s, amylin candidates and multi-target strategies at the ADA 2026 sessions.

Economy

June 14, 2026

UK Economy Contracts as Iran War Impact Weighs on Activity

UK GDP contracted by 0.1% in April as the Iran war affected costs and turnover for UK firms, marking the first monthly decline since August.

Economy

June 14, 2026

SpaceX IPO Clears Record, Surges on First Trading Day Near $2 Trillion Valuation

SpaceX’s IPO surged 19% on its first day, valued the company above $2 trillion, and marked the biggest IPO in history as it raised...

Economy

June 14, 2026

Gas-X Recall Expanded: FDA-Linked Cooling Fluid Contamination Reaches Four Lots

Haleon expands Gas-X recall after a machine coolant leak during packaging potentially contaminated four lots of Gas-X Extra Strength Softgels.

Economy

June 14, 2026

Trump Says ‘I Love The Inflation’ As U.S. Prices Rise At Fastest Pace In Three Years

U.S. prices rose 4.2% in May, the fastest pace in three years, driven by energy costs amid regional tensions.

Economy

June 14, 2026

DOJ Approves Paramount-WBD Merger, But State AGs Could Still Block Deal

The DOJ’s clearance marks a major federal milestone for Paramount Skydance’s $110 billion merger with Warner Bros.

Economy

June 14, 2026

Kidisle Coffee Makers Recalled Over Burn Hazard Affecting 17,600 Units

More than 17,600 Kidisle coffee makers have been recalled due to a burn hazard, with 107 incident reports and 27 injuries cited by the CPSC.

Economy

June 14, 2026

Kia Recalls Over 6,000 Telluride SUVs for Seat Belt Defect That Could Increase Injury Risk

Kia is recalling more than 6,000 Telluride SUVs due to a seat belt malfunction that could increase injury risk in a crash.

Economy

June 14, 2026

AI Remains Top Reason for US Job Cuts for Third Straight Month in May

May payroll reductions totaled 97,006, with AI cited as the leading reason for job cuts for the third consecutive month, accounting for 40% of...