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The key report this week is May CPI. The FOMC meets on Tuesday and Wednesday, and rates are expected to be unchanged. -- Monday, June 10th -- No major economic releases scheduled. -- Tuesday, June 11th -- 6:00 AM ET: NFIB Small Business Optimism Index for April. -- Wednesday, June 12th -- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. 8:30 AM: The Consumer Price Index for May from the BLS.
Autos Bi-directional charging would be a big boost to EV sales. (nytimes.com) Waymo is proving out the concept of autonomous cars in the Phoenix area. (wsj.com) Edmunds top EV and hybrid vehicles for 2024. (goodgoodgood.co) Transport NYC take note, most cities with congestion pricing have benefited. (reasonstobecheerful.world) The shipping industry is adding sails to their ships.
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • The "Home ATM" Mostly Closed in Q1 • 1st Look at Local Housing Markets in May • Asking Rents Mostly Unchanged Year-over-year • Freddie Mac House Price Index Increased in April; Up 6.5% Year-over-year • ICE Mortgage Monitor: "Home Prices Cool for Second Straight Month in April" This is usually published 4 to 6 times a week and provides more in-depth analysis of the housing market.
Adani Green Energy: Adani Green Energy Limited (AGEL) seems to be stuck in a loop of controversy. Barely six months after facing a scathing report by Hindenburg Research, AGEL is back in the spotlight, this time under the microscope of Snowcap Research. This second report raises similar concerns about AGEL’s financial health and accounting practices.
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
The labor market data is full of conflicting signals, but the big picture is that the US economy is in pretty good shape. That’s worth celebrating, irrespective of what the “good news is bad news for interest rates” crowd tells you.
The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Costco is the hero America needs right now : Look, if you’re blaming Costco for inflation, you might have lost the plot. The company has famously low pricing, with among the lowest product markups of any major retailer out there, according to TD Cowen Managing Director Oliver Chen.
The US government moved closer to imposing new tariffs on solar cells and panels from Southeast Asia after an agency’s initial determination that American manufacturers are being harmed by cheap imports from the region.
The US government moved closer to imposing new tariffs on solar cells and panels from Southeast Asia after an agency’s initial determination that American manufacturers are being harmed by cheap imports from the region.
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