Some foreign governments have had to sell U.S. Treasury securities to raise hard cash to buy oil and to support their own currencies during the conflict in the Persian Gulf.
The value of Foreign Official holdings is down about $164 billion year over year in August 2026.
This week's is already done.
Katie Zacharia out as Trump’s White House press secretary
... Zacharia lasted one-half of one Scaramucci. ...
As if what happened to these two weren't enough.
U.S. Starlink curbs embolden Russia to intensify attacks on Ukraine, minister tells CNBC
... Children born Jan. 1, 2025, through Dec. 31, 2028, are also eligible for a one-time seed contribution of $1,000, courtesy of Uncle Sam. ...
Good Samaritan kills 16-year-old shooter...
That right there is one hell of a badly mangled analogy.
Thought that one up himself, he did.
Not seasonally adjusted:
PPIFID January-September 2026 year over year %
3.07 3.36 4.28 5.69 5.92 5.58 4.93 5.61 6.33
PPICOR January-September 2026 year over year %
3.71 3.83 3.94 4.91 4.50 4.80 4.35 4.80 4.96
Trump I PPICOR average 1.88
2025 average 3.28
2026 average to date 4.42
Wholesale prices jumped 6.3% annually in September, biggest gain since 2022
... The BLS said in Thursday’s release that almost half of September’s increase in processed goods for immediate demand was connected to the rise in diesel fuel prices. ...
There hasn't been a poll since early August with Paxton ahead of Talarico.
Texas made a big mistake picking Paxton, but it's Texas. Everything is bigger in Texas.
Trump says ‘if Ken Paxton loses’ Texas Senate race, blame Cornyn and Karl Rove
Glad we cleared that up.
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Overall monthly cpi inflation in Sep 2026 increased at a rate of 3.71% year over year.
Overall quarterly cpi inflation in 3Q2026 increased at a rate of 3.458% year over year.
Despite the bad uptick in September, 3Q still ticked down.
CNBC has some good summary tables, as usual. In Sep 2026 fuel oil and gasoline price increases were the biggest drivers of the overall cpi rate of 3.71% year over year.
Here’s the inflation breakdown for September 2026 — in one chart
... “Crude oil is moving through the Strait of Hormuz but remains below its pre-war pace. Even after key waterways fully reopen, lost refining capacity and distribution problems may delay lower energy prices until mid-2027,” according to the Wells Fargo Investment Institute analysis. ... The average nationwide price at the pump was $4.33 per gallon on Wednesday, up 45% from $2.98 per gallon on Feb. 27, right before the Iran war began, according to AAA data. ... Average diesel prices were $6.30 per gallon on Wednesday, up about 68% from $3.76 per gallon before the Iran war, according to AAA data. ...
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Tariffs and war remain the forces blunting what could have otherwise been much better results in the fight against inflation, and those were by choice not by accident.
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Historic earthquakes strike Atlantic as expert raises fears of seismic 'chain reaction'
Two powerful earthquakes have struck in the Atlantic Ocean, prompting one expert to warn of a possible seismic 'chain reaction' that could affect the US.
The US Geological Survey (USGS) detected a magnitude 6.9 earthquake along the Mid-Atlantic Ridge between Africa and South America at 8.23am ET.
A magnitude 6.7 quake struck less than seven hours earlier at 1.44am, just 50 miles north along the same seafloor fault line where the bottom of the ocean is slowly splitting apart.
... Tuesday's earthquakes in the Atlantic were among the strongest to hit the Mid-Atlantic Ridge in the last 50 years, with the 6.9 quake registering as the third strongest since 1976. ...
