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Week 38 2026

News Flash

U.S. housing starts fell 2.6% in August 2026 to a seasonally adjusted annual rate of 1,275,000, according to the latest report released this morning by the U.S. Census Bureau.

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News Flash

U.S. preliminary building permits dropped 2.7% month-over-month in August 2026 to a seasonally adjusted annual rate of 1,394,000, according to data released at 8:30 AM ET today by the U.S. Census Bureau. 

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News Flash

U.S. initial jobless claims dropped to a lower-than-expected 196,000 for the week ending September 12, 2026, according to the latest report published this morning by the U.S. Department of Labor.

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News Flash

On September 16, 2026, the Federal Reserve unanimously voted 12-0 to raise its benchmark interest rate by 25 basis points. This brought the federal funds rate to a new target range of 3.75% to 4%. The move marks the first-rate hike since July 2023, ending a three-year period of steady or cutting cycles. It directly defies ongoing public pressure from President Donald Trump, who has actively campaigned for lower borrowing costs. 

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News Flash

The Federal Reserve unanimously voted 12-0 to raise its benchmark interest rate by 25 basis points to a target range of 3.75%–4.00%. This decision marks the central bank's first-rate increase in more than three years, defying public demands from President Trump for lower borrowing costs.

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News Flash

U.S. retail sales surged by 1.2% month-on-month in August, significantly beating the consensus economist estimate of a 0.8% advance. 

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