May 30, 2026, 10:13 AM EDT - 15 hours ago
One of the best lesson investors received when the Dow Jones Industrial Average DJIA turned 130 years old on May 26 was a reminder of why time diversification is so important in the stock market.
May 30, 2026, 9:35 AM EDT - 15 hours ago
The Great Powers have returned. Russia's full-scale invasion of Ukraine, President Donald Trump's ill-thought-out attack on Iran, and China's threats towards Taiwan, all suggest that we are in a new e...
May 30, 2026, 9:23 AM EDT - 15 hours ago
Bloomberg Intelligence Global Head of Technology Research Mandeep Singh joined Christina Ruffini and David Gura on Bloomberg This Weekend to discuss so-called "legacy" tech companies like Dell, Intel ...
May 30, 2026, 9:00 AM EDT - 16 hours ago
The S&P 500 Momentum Index is ripping higher as semiconductor stocks power the stock market upward.
May 30, 2026, 8:56 AM EDT - 16 hours ago
Josh Brown of Ritholtz Wealth Management launched Porterhouse, a separately managed account named after the premium cut of steak and built to hold what he considers the market's best opportunities. Th...
May 30, 2026, 8:00 AM EDT - 17 hours ago
Later this month, the Kevin Warsh-led central bank will start preparing a possible pivot to tighter policy.
May 30, 2026, 7:40 AM EDT - 17 hours ago
Central bank independence is again coming under pressure as policymakers push through unpopular measures to curb surging prices, prompting political interference that could erode trust and deepen th...
May 30, 2026, 2:00 AM EDT - 23 hours ago
Own stocks, TIPS and gold. And wait as long as possible to collect Social Security to max out your inflation-adjusted benefit.
May 29, 2026, 11:30 PM EDT - 1 day ago
The Bahnsen Group Managing Partner and CIO David Bahnsen discusses market performance on 'Maria Bartiromo's Wall Street.'
May 29, 2026, 9:30 PM EDT - 1 day ago
Yardeni Research president Ed Yardeni explains how earnings momentum is driving a sustainable market rally on ‘Making Money.'
May 29, 2026, 7:55 PM EDT - 1 day ago
The S&P 500 and the Dow have also clocked months-long winning streaks.
May 29, 2026, 6:50 PM EDT - 1 day ago
The Small Business Administration has finally made official its crackdown on small business investors, and it's not as sweeping as some involved with SBA-guaranteed loans had feared.
May 29, 2026, 6:16 PM EDT - 1 day ago
Moody's Analytics Chief Economist Mark Zandi says the war with Iran needs to end immediately or recession will become more likely than not. He says another jump in oil and gasoline prices could cause ...
May 29, 2026, 5:12 PM EDT - 1 day ago
While headlines are focusing on geopolitical conflict and mixed macroeconomic data, the S&P 500 has powered to new highs, on the back of exceptional earnings, in our view. Looking at the chart below, ...
The U.S. and Mexico trade negotiators on Friday concluded their first bilateral negotiating round to revise the U.S.-Mexico-Canada Agreement on trade, discussing automotive rules of origin, steel ...
May 29, 2026, 4:53 PM EDT - 1 day ago
Brent crude fell 19% in May, its sharpest monthly drop since 2020.
May 29, 2026, 4:33 PM EDT - 1 day ago
US stocks closed at record highs on Friday, capping a strong month for Wall Street as technology shares rallied on renewed optimism surrounding artificial intelligence and easing concerns over geopoli...
May 29, 2026, 4:31 PM EDT - 1 day ago
President Trump's top Wall Street cop moved Friday to kill a sweeping Biden-era climate rule that would force US firms to report on global warming risks and their own greenhouse gas emissions.
May 29, 2026, 4:25 PM EDT - 1 day ago
Stocks drifted higher, capping a strong month. The S&P 500 and the Nasdaq both gained 0.2% on Friday, to new record closing levels. For the month of May, they were up 5.2% and 8.4% respectively.
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) rallied to new highs on Friday, rounding out a strong month for stocks. News That Moved the Stock Market…
May 29, 2026, 4:14 PM EDT - 1 day ago
Long-term yields remain elevated as investors bet that higher oil prices could keep the Fed on the sidelines
May 29, 2026, 4:04 PM EDT - 1 day ago
The S&P 500 (SPX) advanced to a new record high on Friday, closing out May with a 4.8% gain. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector …
May 29, 2026, 3:31 PM EDT - 1 day ago
Stocks are entering a limbo period—the gap between the end of one earnings season and the beginning of the next. They'll need other catalysts to keep rising.
May 29, 2026, 3:05 PM EDT - 1 day ago
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: JPMorgan Asset Management Core Plus Bond ETF Portfolio Manager Priya Misra, Columbia Threadneedle Investments...
May 29, 2026, 3:03 PM EDT - 1 day ago
JPMorgan Chase ($JPM) CEO Jamie Dimon warned on Friday that he views the stock market as “exuberant.” The S&P 500 (SPX) has soared in recent weeks and has returned 19%…
May 29, 2026, 2:54 PM EDT - 1 day ago
The U.S. economy has grown for six straight years. Business are pouring billions of dollars into artificial intelligence. And a record boom in the stock market is turning many older Americans into 401...
May 29, 2026, 2:24 PM EDT - 1 day ago
AI is turning out to be more expensive than enterprises expected, and CFOs are now trading future headcount for tokens. Roughly 95% of enterprise AI still runs on the priciest frontier models even for...
May 29, 2026, 2:23 PM EDT - 1 day ago
Also: A way to invest in SpaceX before its IPO and advice from the Moneyist.
May 29, 2026, 2:16 PM EDT - 1 day ago
The S&P 500 (SPX) is set to finish May with a roughly 5% return as optimism over a resolution to the U.S.-Iran war and falling oil prices drove stocks higher.
May 29, 2026, 1:39 PM EDT - 1 day ago
American households have paid nearly $450 more on energy amid Iran War, according to a Moody's analysis shared exclusively with CNBC. That totals tens of billions of dollars spent as the multimonth co...
May 29, 2026, 1:30 PM EDT - 1 day ago
May marked a fantastic period for both the S&P 500 (SPX) and the Nasdaq 100 (NDX) as the end of the month approaches. Optimism over a resolution to the U.S.-Iran…
May 29, 2026, 12:47 PM EDT - 1 day ago
The Dow Jones (DJIA) climbed to a new intraday all-time high on Friday after President Trump said he was approaching a final decision on the U.S.-Iran memorandum of understanding (MOU).
May 29, 2026, 12:34 PM EDT - 1 day ago
Hopes that a ceasefire deal could pave the way for an end to the Iran conflict drove stocks toward a historic streak of weekly gains, with the market also buoyed by the artificial-intelligence trade. ...
May 29, 2026, 12:32 PM EDT - 1 day ago
U.S. jobs data and ISM surveys on manufacturing and services activity will be in focus as investors assess the outlook for Federal Reserve interest rates.
May 29, 2026, 12:12 PM EDT - 1 day ago
The U.S. Securities and Exchange Commission on Friday said it was proposing to do away with dormant regulations adopted under former President Joe Biden that require companies to disclose their clim...
May 29, 2026, 12:10 PM EDT - 1 day ago
The agency said that the requirements, which were approved in March 2024, exceed the scope of its statutory authority.
May 29, 2026, 12:00 PM EDT - 1 day ago
San Francisco Federal Reserve President and CEO Mary Daly joins 'Mornings with Maria' to discuss sentiment over interest rates, new Chairman Kevin Warsh, her insights on the U.S. economy and the trans...
May 29, 2026, 11:36 AM EDT - 1 day ago
A Reuters analysis of first-quarter regulatory filings by private credit lenders showed paper losses deepened, underscoring market concerns this year over the sector's profitability and risks from A...
May 29, 2026, 11:29 AM EDT - 1 day ago
US stocks climbed on Friday while crude oil prices fell sharply after President Donald Trump signaled that a decision on a potential agreement with Iran could be imminent. In a post on Truth Social, T...
May 29, 2026, 11:15 AM EDT - 1 day ago
SEC Chairman Paul Atkins joins 'Mornings with Maria' to discuss his 'Make IPOs Great Again' agenda, the SEC's decision to withdraw its defense of Biden-era climate disclosure rules, a new framework fo...
May 29, 2026, 11:07 AM EDT - 1 day ago
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading higher on Friday amid growing optimism over a U.S.-Iran deal. Vice President J.D. Vance said the two countries…
May 29, 2026, 10:46 AM EDT - 1 day ago
US indices continue to launch straight up in the air as interest rates on Friday started to drift lower again. Risk appetite seems to have returned again.
May 29, 2026, 10:30 AM EDT - 1 day ago
U.S. tariffs continue to hurt the Canadian economy…
May 29, 2026, 10:20 AM EDT - 1 day ago
Companies will continue to spend on AI infrastructure for the next few years as they can not stand on the sidelines, according to Dan Ives, Managing Director at Wedbush Securities, who compares the cu...
May 29, 2026, 10:11 AM EDT - 1 day ago
The Chicago Business Barometer, compiled by MNI Indicators, rose to 62.7 in May from 49.2, a level of contraction in April.
May 29, 2026, 10:01 AM EDT - 1 day ago
The S&P 500 (SPX) is trading higher on Friday as hopes for a U.S.-Iran peace deal send energy prices lower. The average price for a gallon of gas in the…
May 29, 2026, 9:51 AM EDT - 1 day ago
Stock futures are slightly higher this morning as the market looks to add to yesterday's record closing levels; major stock indexes are poised to close out May with solid gains for the second month in...
May 29, 2026, 9:42 AM EDT - 1 day ago
Wall Street opened higher on Friday as investors weighed reports of a possible agreement between the United States and Iran alongside continued optimism surrounding artificial intelligence-driven earn...
May 29, 2026, 9:33 AM EDT - 1 day ago
Fed governor Michelle Bowman said reacting to temporarily elevated energy-price inflation would add unwarranted policy restraint, weighing unnecessarily on economic activity and labor-market condition...
May 29, 2026, 9:30 AM EDT - 1 day ago
JPMorgan Chase CEO Jamie Dimon joins 'Mornings with Maria' in a wide-ranging interview on inflation, interest rates, Kevin Warsh, banking regulation, potential acquisitions, national security investme...
May 29, 2026, 9:29 AM EDT - 1 day ago
The volatility spread between single stocks and the index makes a world of a difference for options traders.
The Dow Jones (DJIA) is set to open Friday higher as the U.S. and Iran inch forward toward a peace deal. Vice President J.D. Vance said the two sides are…
May 29, 2026, 9:26 AM EDT - 1 day ago
The European Medicines Agency said on Friday COVID-19 vaccines for the 2026-27 vaccination campaign in Europe should preferably be updated to target the XFG variant.
May 29, 2026, 9:15 AM EDT - 1 day ago
Federal Reserve Governor Michelle Bowman on Friday cautioned against raising interest rates to address the current spike in prices. "Reacting to temporarily elevated energy price inflation would add u...
May 29, 2026, 9:00 AM EDT - 1 day ago
"This has been a run for the ages" in the stock market, says Jay Woods, noting the S&P 500 (SPX) is on track for a nine-week rally. Now he believes anything from consolidation to a 10% pullback is in ...
May 29, 2026, 8:49 AM EDT - 1 day ago
U.S. stock futures trended higher on Friday morning as traders monitored developments in the Middle East. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 (SPX...
May 29, 2026, 8:24 AM EDT - 1 day ago
European households have become more sensitive to the financial consequences of the Iran war, ECB researchers found. March data showed that consumers revised inflation expectations upwards by 2.5 perc...
May 29, 2026, 7:52 AM EDT - 1 day ago
US stocks hit record highs as oil prices fall, inflation cools and tech stocks rally. See the latest S&P 500, Nasdaq and Dow Jones market analysis.
May 29, 2026, 7:41 AM EDT - 1 day ago
Chris Retzler, Needham Small Cap Growth Fund portfolio manager, joins 'Squawk Box' to discuss the latest market trends, what's driving the rally in small caps, state of the economy, and more.
May 29, 2026, 7:30 AM EDT - 1 day ago
The Lonski Group President John Lonski joins 'Mornings with Maria' to discuss the strength of the U.S. economy, Wall Street's record rally and how AI investment is driving growth.
May 29, 2026, 7:23 AM EDT - 1 day ago
The S&P 500, driven by tech stocks, is on pace to power more than 5% higher this month, marking one of the best performances in May since the 1950s.
May 29, 2026, 7:19 AM EDT - 1 day ago
Investors are preparing for a crucial week as fresh labor market data and earnings from Broadcom could influence the direction of US stocks. Market participants are weighing whether persistent inflati...
May 29, 2026, 7:16 AM EDT - 1 day ago
Inflation in the euro zone's four largest economies hovered above the European Central Bank's 2% target for a third straight month in May, preliminary data showed on Friday, as a rise in fuel costs ...
May 29, 2026, 6:52 AM EDT - 1 day ago
A Citadel strategist looked at prediction market changes during the Memorial Day long weekend to calculate market moves.
May 29, 2026, 6:48 AM EDT - 1 day ago
Bank of America strategists are negative on European equities as they weigh the boom-and-bust dynamics of the AI build-out
May 29, 2026, 6:26 AM EDT - 1 day ago
The U.S. and Iran haven't yet agreed a permanent deal to reopen the vital Strait of Hormuz or to confiscate Iran's nuclear weapons material, but we might have the makings of one.
May 29, 2026, 6:08 AM EDT - 1 day ago
US stock index futures were little changed on Friday after Wall Street closed at record highs in the previous session, with investors awaiting details on reports that Washington and Tehran had agreed ...
May 29, 2026, 6:06 AM EDT - 1 day ago
Some people inside and outside the Federal Reserve agree that rule changes easing how much cash banks need to keep on hand for emergencies could allow the central bank to further cut the size of its ...
May 29, 2026, 5:30 AM EDT - 1 day ago
JPMorgan Chase Chief Executive Jamie Dimon says his bank's trading business could outperform expectations this quarter.
May 29, 2026, 5:25 AM EDT - 1 day ago
U.S. stock futures were steady early Friday as traders monitored developments in the Middle East while assessing the stability of the U.S.-Iran ceasefire. Futures on the Nasdaq 100 (NDX), the Dow Jone...
May 29, 2026, 5:11 AM EDT - 1 day ago
Major Wall Street indexes extended their record run on Friday and were headed for weekly and monthly gains as Dell results drove tech shares higher, while investors awaited details on a potential U....
May 29, 2026, 4:31 AM EDT - 1 day ago
Brent crude on course for largest monthly drop since 2020
May 29, 2026, 4:27 AM EDT - 1 day ago
AI and tech CEOs are getting an earful from CIOs. Uber COO Andrew Macdonald raised concerns that big AI bills aren't delivering enough ROI.
May 29, 2026, 1:40 AM EDT - 1 day ago
Equity benchmarks across Asia and the US saw new highs this week, driven by optimism around the resonant AI trade despite growing concerns of potential disruptions to the labor market. The Opening Tra...
May 29, 2026, 1:30 AM EDT - 1 day ago
The mind-bending explosion of intergenerational wealth anticipated by the pending IPOs of SpaceX, Anthropic, and OpenAI—and the speculative melt-up of public equities—sure smacks of a bubble to us.
May 29, 2026, 12:39 AM EDT - 2 days ago
David Neuhauser, CIO of Livermore Partner, says the markets are sanguine thanks to their belief that a U.S.-Iran peace deal is imminent, although a lot still can go wrong in the lead-up. He also says ...
May 29, 2026, 12:17 AM EDT - 2 days ago
U.S. stock futures were mixed late Thursday night as traders monitored developments in the Middle East while assessing the stability of the U.S.-Iran ceasefire. Futures on the Nasdaq 100 (NDX) and the...
May 28, 2026, 7:55 PM EDT - 2 days ago
Hotter inflation couldn't stop the S&P 500 and Nasdaq from clocking fresh record closes on Thursday. Plus, a look at consumer spending.
May 28, 2026, 6:28 PM EDT - 2 days ago
CNBC's Jim Cramer said investors may be missing some of the market's biggest AI winners. He pointed to three reasons why: overreliance on index funds, skepticism toward “obvious” investment themes and...
May 28, 2026, 6:16 PM EDT - 2 days ago
U.S. stock futures were near the flatline on Thursday evening as traders watched developments in the Middle East and a fragile U.S.-Iran ceasefire. Futures on the Dow Jones Industrial Average…
May 28, 2026, 5:58 PM EDT - 2 days ago
Market-timers ran for the exits at a near-unprecedented pace, giving contrarian-minded bulls an opportunity.
May 28, 2026, 5:52 PM EDT - 2 days ago
Tom Lee, Fundstrat, and Brian Belski, Humilis founder and CEO, joins 'Closing Bell' to talk the trajectory of the market.
May 28, 2026, 5:37 PM EDT - 2 days ago
Joe Lavorgna, SMBC Americas managing director & chief economist and fmr. counselor to Secretary Bessent, joins 'Fast Money' to talk the need to hike rates.
May 28, 2026, 5:24 PM EDT - 2 days ago
Plus, a plan to put Trump's face on a $250 bill faces hurdles, and best friends turn their chemistry into a comedy empire
May 28, 2026, 5:00 PM EDT - 2 days ago
Across Wall Street, investors are assuming that a credible and lasting deal between the U.S. and Iran would be an unmitigated positive for stocks and other risky assets.
May 28, 2026, 4:59 PM EDT - 2 days ago
Ultra-short bond funds are more popular than ever. BlackRock said that ‘traditional portfolio diversifiers are challenged.
May 28, 2026, 4:23 PM EDT - 2 days ago
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) rose to new all-time highs on Thursday following news that U.S. and Iranian negotiators had agreed to the terms…
May 28, 2026, 4:07 PM EDT - 2 days ago
Stocks rose on reports that Iran and the U.S. had reached a preliminary deal. There was no official confirmation from either side of the reports, which said a 60-day ceasefire extension had been agree...
May 28, 2026, 4:04 PM EDT - 2 days ago
The S&P 500 (SPX) rallied to an all-time high on Thursday amid investor optimism over a U.S.-Iran memorandum of understanding (MOU). Let’s break down the sectors behind the performance. Today’s…
May 28, 2026, 3:34 PM EDT - 2 days ago
On today's Big Take podcast, NASA Administrator Jared Isaacman sits down with Bloomberg's Tim Stenovec to talk about why the US needs to beat China to the moon, how he plans to vie with SpaceX and Blu...
May 28, 2026, 3:02 PM EDT - 2 days ago
Federal Reserve Governor Lisa Cook supports holding rates steady for the time being, although she added that her stance would drift toward raising interest rates if disinflation doesn’t materialize so...
May 28, 2026, 2:50 PM EDT - 2 days ago
'The Big Money Show' panelists discusses the U.S. and Iran reaching a deal to extend the ceasefire, the situation in the Strait of Hormuz and the impact on the markets. 00:00 US-Iran reported 60-day c...
May 28, 2026, 2:43 PM EDT - 2 days ago
The Commodity Futures Trading Commission announced a lawsuit against Rhode Island on Thursday. Last week, the state sued Kalshi and Polymarket, arguing that the companies were violating state gambling...
May 28, 2026, 2:19 PM EDT - 2 days ago
Federal Reserve Bank of St. Louis President Alberto Musalem says the balance of economic risks have shifted toward the inflation side. Speaking with Bloomberg's Stephanie Flanders at a central banking...
May 28, 2026, 2:17 PM EDT - 2 days ago
The Trump Accounts app launched on all major app stores across the U.S. on Thursday and provides access for each child born between January 1, 2025 and December 28, 2028…
May 28, 2026, 2:02 PM EDT - 2 days ago
Eric Vishria, partner at Benchmark, joins to discuss the high demand for fast AI inference and to give his outlook for the physical AI space as companies navigate constrains around compute, from memor...
May 28, 2026, 1:30 PM EDT - 2 days ago
The personal savings rate among Americans dwindled to a near four-year low of 2.6% in April, down from 3.2% in March and 5.5% a year ago. The rate represents the…
May 28, 2026, 1:00 PM EDT - 2 days ago
Brad Gerstner, Founder and CEO of Altimeter Capital, joins CNBC's "Halftime Report” to talk everything from markets, tech and how to navigate the flood of mega IPOs releasing this year.
May 28, 2026, 12:55 PM EDT - 2 days ago
Consumer sentiment has dropped to record lows, but the economic outlook isn't too much worse. The measures of consumer attitudes that are frequently cited in news reports have little independent impac...
May 28, 2026, 12:51 PM EDT - 2 days ago
Nasdaq hits record highs as cooler PCE data and Iran ceasefire talks lift tech stocks while traders watch oil prices and Fed expectations.
May 28, 2026, 12:42 PM EDT - 2 days ago
The Dow Jones (DJIA) is trading slightly higher on Thursday as investors digest an encouraging U.S.-Iran war update. Negotiators from both sides have agreed to the terms of a memorandum…
May 28, 2026, 12:06 PM EDT - 2 days ago
Americans are growing frustrated with Trump's handling of the economy as cost of living soars ahead of midterms
May 28, 2026, 11:31 AM EDT - 2 days ago
The personal consumption expenditures price index jumped 3.8% in the 12 months through April, the largest rise since May 2023.
May 28, 2026, 10:17 AM EDT - 2 days ago
St. Louis Federal Reserve President Alberto Musalem on Thursday offered a skeptical view of the expectation that artificial intelligence will reduce inflation by fueling a surge in productivity, argu...
May 28, 2026, 10:08 AM EDT - 2 days ago
The American Gaming Association now estimates states have missed out on $1 billion in tax revenues due to the rise of prediction markets. President and CEO Bill Miller believes the platforms are curre...
May 28, 2026, 9:56 AM EDT - 2 days ago
Miriam Wheeler, Goldman Sachs global head of leverage finance, says investors are focused on hard assets associated with the infrastructure buildout of artificial intelligence and this is a "generatio...
May 28, 2026, 9:51 AM EDT - 2 days ago
The U.S. economy wasn't all that great in the first three months of the year. But it wasn't terrible, either.
May 28, 2026, 9:47 AM EDT - 2 days ago
US indices continue to be very choppy in pre-market trading on Thursday, as the markets continue to watch the interest rate markets very closely. At this point, I remain bullish but recognize that the...
May 28, 2026, 9:44 AM EDT - 2 days ago
Wall Street traded mixed on Thursday as investors weighed softer-than-expected monthly inflation data against escalating geopolitical tensions between the United States and Iran, which pushed oil pric...
May 28, 2026, 9:41 AM EDT - 2 days ago
U.S. jobless claims rose last week, a sign the labor market remains tentative amid economic uncertainty from the war in Ira
May 28, 2026, 9:03 AM EDT - 2 days ago
New orders for key U.S.-manufactured capital goods unexpectedly fell in April after hefty gains in the prior months, but demand remains underpinned by an artificial intelligence spending boom.
The latest PCE inflation data was released by the Commerce Department and showed that inflation rose and remained elevated in April due in part to the Iran war's impact.
May 28, 2026, 9:01 AM EDT - 2 days ago
The Fed's preferred gauge of monthly price increases grew at a slower pace in April but still remained above its preferred target rate.
May 28, 2026, 8:56 AM EDT - 2 days ago
Orders for durable goods grew at a strong pace in April, a second consecutive monthly increase, the Commerce Department said Thursday.
May 28, 2026, 8:49 AM EDT - 2 days ago
Blair Effron, Centerview Partners co-founder, joins 'Squawk Box' to discuss the latest market trends, state of M&A, IPO pipeline, impact of AI, and more.
May 28, 2026, 8:45 AM EDT - 2 days ago
The economy grew at a 1.6% annual rate in the first quarter, down from the initial reported pace of 2%.
May 28, 2026, 8:42 AM EDT - 2 days ago
The number of Americans filing claims for unemployment benefits increased marginally last week amid relatively low layoffs, despite the dragging war with Iran.
May 28, 2026, 8:38 AM EDT - 2 days ago
Consumer spending rose in April at a seemingly robust rate, but only because of inflation. Americans aren't getting much bang for their buck these days with gas prices so high.
May 28, 2026, 8:35 AM EDT - 2 days ago
The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
May 28, 2026, 8:34 AM EDT - 2 days ago
The main inflation barometer preferred by Federal Reserve rose to a three-year high in April and it could rise even higher, posing a stiff challenge for households, businesses and the broader U.S. eco...