BLS nonfarm payrolls and unemployment rate for July 2026, 8:30am ET.
Trump found a pause in Iran, but not yet a way out.
Donald Trump shelved a major new Iran strike and announced Monday talks after Gulf allies intervened, but Tehran denied asking for the pause and US interceptor stocks remain strained. Only one-third of Americans back the war. At home, Spokane-area fires destroyed at least 600 structures and forced 60,000 evacuations, while a Twin Falls shooting killed three victims.
Upcoming
27 key official events aheadBLS nonfarm payrolls and unemployment rate for August 2026, 8:30am ET, ahead of the mid-September Fed meeting.
BLS Consumer Price Index for August 2026, 8:30am ET — last CPI print before the September Fed decision.
FOMC policy statement at 2:00pm ET on the second meeting day, with an updated Summary of Economic Projections (dot plot) and a 2:30pm Chair press conference.
Third (final) estimate of Q2 2026 GDP plus corporate profits and state-level data, 8:30am ET.
BLS nonfarm payrolls and unemployment rate for September 2026, 8:30am ET.
BLS Consumer Price Index for September 2026, 8:30am ET.
FOMC policy statement at 2:00pm ET on the second meeting day, followed by a 2:30pm Chair press conference. No new economic projections at this meeting.
First (advance) estimate of third-quarter 2026 real GDP growth from the BEA, 8:30am ET.
All 435 House seats and 35 Senate seats are contested (including Florida and Ohio special elections), alongside 36 governorships. Determines control of the 120th Congress.
BLS nonfarm payrolls and unemployment rate for October 2026, 8:30am ET.
Second estimate of Q3 2026 GDP plus corporate profits, 8:30am ET.
BLS nonfarm payrolls and unemployment rate for November 2026, 8:30am ET, ahead of the December Fed meeting.
Final FOMC meeting of 2026; policy statement at 2:00pm ET on the second day, with an updated Summary of Economic Projections (dot plot) and a 2:30pm Chair press conference.
United States hosts the G20 leaders' summit December 14–15 at Trump National Doral, Miami, capping the US G20 presidency year.
BLS Consumer Price Index for November 2026, 8:30am ET. Released later than the usual mid-month slot under the revised 2026 schedule.
Third (final) estimate of Q3 2026 GDP plus corporate profits and state-level data, 8:30am ET.
BLS nonfarm payrolls and unemployment rate for December 2026, with annual benchmark revisions. (Provisional — exact 2027 monthly date not yet published by BLS.)
BLS Consumer Price Index for December 2026, completing the 2026 inflation picture. (Provisional — exact 2027 monthly date not yet published by BLS.)
First FOMC decision of 2027 (tentative schedule announced Sept 2025); policy statement at 2:00pm ET on the second meeting day with a 2:30pm Chair press conference.
First (advance) estimate of fourth-quarter and full-year 2026 GDP. (Provisional — exact 2027 date not yet published by BEA; date estimated from the usual late-January cadence.)
2027 FOMC decision (tentative schedule); statement at 2:00pm ET on the second day with an updated Summary of Economic Projections and a 2:30pm Chair press conference.
2027 FOMC decision (tentative schedule); policy statement at 2:00pm ET on the second meeting day with a 2:30pm Chair press conference.
2027 FOMC decision (tentative schedule); statement at 2:00pm ET on the second day with an updated Summary of Economic Projections and a 2:30pm Chair press conference.
Official tentative 2027 FOMC schedule; statement at 2:00pm ET on the second meeting day with a 2:30pm Chair press conference.
Recent events
us48Trump announces US-Iran talks for Monday after shelving massive strike
US President Donald Trump announced on Sunday that negotiations with Iran will begin Monday afternoon, after he called off what he described as the largest attack since World War II. Trump stated that Iran, along with Saudi Arabia, the UAE, and Qatar, requested the halt, citing the 'perimeters of a deal' being agreed upon, which includes the full reopening of the Strait of Hormuz and an end to Iran's nuclear threat. Iran's Mehr news agency denied requesting a halt, calling Trump's claim a 'new lie.' Iranian President Masoud Pezeshkian called the June memorandum of understanding the 'cornerstone' of future foreign relations, while Foreign Minister Abbas Araghchi said negotiations with Oman on managing the strait are in their final stages. Oil prices fell over 4% on the news, and a tanker reported an explosion near the strait.
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Trump announces US-Iran talks for Monday after shelving massive strike
US President Donald Trump announced on Sunday that negotiations with Iran will begin Monday afternoon, after he called off what he described as the largest attack since World War II. Trump stated that Iran, along with Saudi Arabia, the UAE, and Qatar, requested the halt, citing the 'perimeters of a deal' being agreed upon, which includes the full reopening of the Strait of Hormuz and an end to Iran's nuclear threat. Iran's Mehr news agency denied requesting a halt, calling Trump's claim a 'new lie.' Iranian President Masoud Pezeshkian called the June memorandum of understanding the 'cornerstone' of future foreign relations, while Foreign Minister Abbas Araghchi said negotiations with Oman on managing the strait are in their final stages. Oil prices fell over 4% on the news, and a tanker reported an explosion near the strait.
US President Donald Trump announced on Sunday that negotiations with Iran will begin Monday afternoon, after he called off what he described as the largest attack since World War II. Trump stated that Iran, along with Saudi Arabia, the UAE, and Qatar, requested the halt, citing the 'perimeters of a deal' being agreed upon, which includes the full reopening of the Strait of Hormuz and an end to Iran's nuclear threat. Iran's Mehr news agency denied requesting a halt, calling Trump's claim a 'new lie.' Iranian President Masoud Pezeshkian called the June memorandum of understanding the 'cornerstone' of future foreign relations, while Foreign Minister Abbas Araghchi said negotiations with Oman on managing the strait are in their final stages. Oil prices fell over 4% on the news, and a tanker reported an explosion near the strait.
us45Wildfires in Spokane, Washington destroy 600 structures, force 60,000 evacuations
Multiple wildfires in eastern Washington state, particularly around Spokane, have destroyed at least 600 homes and businesses and forced the evacuation of 60,000 people. The fires have burned about 21 square kilometers in the Spokane area, with dozens of fires across the western US stretching response capabilities. Washington Governor Bob Ferguson declared a state of emergency, and dry, windy conditions are expected to continue, complicating firefighting efforts. No injuries have been reported, but the fires are part of a broader regional crisis affecting Idaho, Oregon, and Utah.
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Wildfires in Spokane, Washington destroy 600 structures, force 60,000 evacuations
Multiple wildfires in eastern Washington state, particularly around Spokane, have destroyed at least 600 homes and businesses and forced the evacuation of 60,000 people. The fires have burned about 21 square kilometers in the Spokane area, with dozens of fires across the western US stretching response capabilities. Washington Governor Bob Ferguson declared a state of emergency, and dry, windy conditions are expected to continue, complicating firefighting efforts. No injuries have been reported, but the fires are part of a broader regional crisis affecting Idaho, Oregon, and Utah.
Multiple wildfires in eastern Washington state, particularly around Spokane, have destroyed at least 600 homes and businesses and forced the evacuation of 60,000 people. The fires have burned about 21 square kilometers in the Spokane area, with dozens of fires across the western US stretching response capabilities. Washington Governor Bob Ferguson declared a state of emergency, and dry, windy conditions are expected to continue, complicating firefighting efforts. No injuries have been reported, but the fires are part of a broader regional crisis affecting Idaho, Oregon, and Utah.
us44Multiple killed in shooting at Idaho In-N-Out, suspect dead
A shooting at an In-N-Out Burger on Blue Lakes Boulevard in Twin Falls, Idaho, left multiple people dead, including the suspected gunman, and several others injured. Police responded around 2 p.m. local time to reports of a gunman, and nearby businesses and shopping centers were placed on lockdown. Witness Lane Koehn reported seeing a person with an AR-style rifle emerge from the drive-thru, and a man with a pistol began firing at the shooter. An In-N-Out employee was seen dragging a bleeding uniformed coworker across the parking lot. The shooter fired at least three or four rounds. Twin Falls Police Chief Matthew Hicks did not provide an exact number of fatalities as authorities worked to notify next of kin. Several other people were being treated for injuries. Governor Brad Little issued a statement asking for prayers for the community. The shooter's identity and motive are under investigation, and authorities say there is no ongoing threat to the community.
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Multiple killed in shooting at Idaho In-N-Out, suspect dead
A shooting at an In-N-Out Burger on Blue Lakes Boulevard in Twin Falls, Idaho, left multiple people dead, including the suspected gunman, and several others injured. Police responded around 2 p.m. local time to reports of a gunman, and nearby businesses and shopping centers were placed on lockdown. Witness Lane Koehn reported seeing a person with an AR-style rifle emerge from the drive-thru, and a man with a pistol began firing at the shooter. An In-N-Out employee was seen dragging a bleeding uniformed coworker across the parking lot. The shooter fired at least three or four rounds. Twin Falls Police Chief Matthew Hicks did not provide an exact number of fatalities as authorities worked to notify next of kin. Several other people were being treated for injuries. Governor Brad Little issued a statement asking for prayers for the community. The shooter's identity and motive are under investigation, and authorities say there is no ongoing threat to the community.
A shooting at an In-N-Out Burger on Blue Lakes Boulevard in Twin Falls, Idaho, left multiple people dead, including the suspected gunman, and several others injured. Police responded around 2 p.m. local time to reports of a gunman, and nearby businesses and shopping centers were placed on lockdown. Witness Lane Koehn reported seeing a person with an AR-style rifle emerge from the drive-thru, and a man with a pistol began firing at the shooter. An In-N-Out employee was seen dragging a bleeding uniformed coworker across the parking lot. The shooter fired at least three or four rounds. Twin Falls Police Chief Matthew Hicks did not provide an exact number of fatalities as authorities worked to notify next of kin. Several other people were being treated for injuries. Governor Brad Little issued a statement asking for prayers for the community. The shooter's identity and motive are under investigation, and authorities say there is no ongoing threat to the community.
us43Senate reaches bipartisan funding deal to avert government shutdown
Background: The US House passed a stopgap spending bill to fund the government through December 4, 2027, but Senate approval was needed to avert a shutdown. Today, Senate appropriators announced a bipartisan agreement on a continuing resolution that funds the government through December 11, includes adjustments for WIC, disaster relief, and shipbuilding, and blocks a White House rule on federal grant approval. A procedural vote is set for Monday, with leaders aiming to pass the bill before recess. Senate Appropriations Committee leaders announced the bipartisan agreement, extending the previous House-passed deadline. The bill includes adjustments for the WIC program, the Disaster Relief Fund, and shipbuilding, and temporarily blocks the White House's proposed rule on federal grant approval. A procedural vote is scheduled for Monday night, with leaders aiming to pass the bill before recess. Senate Minority Leader Chuck Schumer and committee leaders Patty Murray and Susan Collins voiced support, emphasizing the measure averts a shutdown and halts a 'corrupt' grant-approval process.
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Senate reaches bipartisan funding deal to avert government shutdown
Background: The US House passed a stopgap spending bill to fund the government through December 4, 2027, but Senate approval was needed to avert a shutdown. Today, Senate appropriators announced a bipartisan agreement on a continuing resolution that funds the government through December 11, includes adjustments for WIC, disaster relief, and shipbuilding, and blocks a White House rule on federal grant approval. A procedural vote is set for Monday, with leaders aiming to pass the bill before recess. Senate Appropriations Committee leaders announced the bipartisan agreement, extending the previous House-passed deadline. The bill includes adjustments for the WIC program, the Disaster Relief Fund, and shipbuilding, and temporarily blocks the White House's proposed rule on federal grant approval. A procedural vote is scheduled for Monday night, with leaders aiming to pass the bill before recess. Senate Minority Leader Chuck Schumer and committee leaders Patty Murray and Susan Collins voiced support, emphasizing the measure averts a shutdown and halts a 'corrupt' grant-approval process.
Background: The US House passed a stopgap spending bill to fund the government through December 4, 2027, but Senate approval was needed to avert a shutdown. Today, Senate appropriators announced a bipartisan agreement on a continuing resolution that funds the government through December 11, includes adjustments for WIC, disaster relief, and shipbuilding, and blocks a White House rule on federal grant approval. A procedural vote is set for Monday, with leaders aiming to pass the bill before recess. Senate Appropriations Committee leaders announced the bipartisan agreement, extending the previous House-passed deadline. The bill includes adjustments for the WIC program, the Disaster Relief Fund, and shipbuilding, and temporarily blocks the White House's proposed rule on federal grant approval. A procedural vote is scheduled for Monday night, with leaders aiming to pass the bill before recess. Senate Minority Leader Chuck Schumer and committee leaders Patty Murray and Susan Collins voiced support, emphasizing the measure averts a shutdown and halts a 'corrupt' grant-approval process.
us40US and Japan confirm rare joint yen-buying intervention
The United States and Japan confirmed a rare coordinated intervention to support the yen, the first such joint action since 1998. The yen had fallen to a 40-year low of 163.24 per dollar in July, prompting the Federal Reserve Bank of New York to sell euros for yen on behalf of the US Treasury, with transactions executed through Goldman Sachs and Morgan Stanley. President Donald Trump described the move as a 'signal of friendship' and beneficial to the global economy. Japan's Finance Ministry and US Treasury Secretary Scott Bessent both signaled willingness to intervene again if needed. The yen surged as much as 1.4% to 155.20 per dollar, while the Nikkei fell. Analysts estimate Japan's intervention may have totaled around $52.8 billion, with the Bank of Japan hinting at further rate hikes.
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US and Japan confirm rare joint yen-buying intervention
The United States and Japan confirmed a rare coordinated intervention to support the yen, the first such joint action since 1998. The yen had fallen to a 40-year low of 163.24 per dollar in July, prompting the Federal Reserve Bank of New York to sell euros for yen on behalf of the US Treasury, with transactions executed through Goldman Sachs and Morgan Stanley. President Donald Trump described the move as a 'signal of friendship' and beneficial to the global economy. Japan's Finance Ministry and US Treasury Secretary Scott Bessent both signaled willingness to intervene again if needed. The yen surged as much as 1.4% to 155.20 per dollar, while the Nikkei fell. Analysts estimate Japan's intervention may have totaled around $52.8 billion, with the Bank of Japan hinting at further rate hikes.
The United States and Japan confirmed a rare coordinated intervention to support the yen, the first such joint action since 1998. The yen had fallen to a 40-year low of 163.24 per dollar in July, prompting the Federal Reserve Bank of New York to sell euros for yen on behalf of the US Treasury, with transactions executed through Goldman Sachs and Morgan Stanley. President Donald Trump described the move as a 'signal of friendship' and beneficial to the global economy. Japan's Finance Ministry and US Treasury Secretary Scott Bessent both signaled willingness to intervene again if needed. The yen surged as much as 1.4% to 155.20 per dollar, while the Nikkei fell. Analysts estimate Japan's intervention may have totaled around $52.8 billion, with the Bank of Japan hinting at further rate hikes.
us39US Wildfire Season Exceeds 10-Year Average as 99 Large Fires Burn
The US wildfire season has surpassed the 10-year average for both number of fires and acres burned, with 99 large fires currently active across the country. Washington and Oregon are hardest hit: Washington's Spokane Complex Fire has forced 60,000 evacuations and destroyed 640 structures, while Oregon has set a modern record for acres burned. Climate change is cited as a contributing factor to the increased frequency and intensity of fires.
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US Wildfire Season Exceeds 10-Year Average as 99 Large Fires Burn
The US wildfire season has surpassed the 10-year average for both number of fires and acres burned, with 99 large fires currently active across the country. Washington and Oregon are hardest hit: Washington's Spokane Complex Fire has forced 60,000 evacuations and destroyed 640 structures, while Oregon has set a modern record for acres burned. Climate change is cited as a contributing factor to the increased frequency and intensity of fires.
The US wildfire season has surpassed the 10-year average for both number of fires and acres burned, with 99 large fires currently active across the country. Washington and Oregon are hardest hit: Washington's Spokane Complex Fire has forced 60,000 evacuations and destroyed 640 structures, while Oregon has set a modern record for acres burned. Climate change is cited as a contributing factor to the increased frequency and intensity of fires.
us39Trump administration diverts asylum seekers directly to deportation court
The Trump administration introduced a new rule on Tuesday that diverts asylum seekers directly into deportation court, bypassing the regular asylum process, in an effort to accelerate deportations. The rule, effective immediately, is criticized by the ACLU as part of a broader attack on humanitarian protections, risking deportation to dangerous countries and harming communities and the economy. The policy also includes plans to detain asylum seekers and end legal representation for children, raising concerns about a humanitarian catastrophe.
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Trump administration diverts asylum seekers directly to deportation court
The Trump administration introduced a new rule on Tuesday that diverts asylum seekers directly into deportation court, bypassing the regular asylum process, in an effort to accelerate deportations. The rule, effective immediately, is criticized by the ACLU as part of a broader attack on humanitarian protections, risking deportation to dangerous countries and harming communities and the economy. The policy also includes plans to detain asylum seekers and end legal representation for children, raising concerns about a humanitarian catastrophe.
The Trump administration introduced a new rule on Tuesday that diverts asylum seekers directly into deportation court, bypassing the regular asylum process, in an effort to accelerate deportations. The rule, effective immediately, is criticized by the ACLU as part of a broader attack on humanitarian protections, risking deportation to dangerous countries and harming communities and the economy. The policy also includes plans to detain asylum seekers and end legal representation for children, raising concerns about a humanitarian catastrophe.
us38Chevron CEO warns energy markets fragile amid Iran war and shipping disruptions
Background: The U.S.-Israeli war with Iran has led to the closure of the Strait of Hormuz, driving global oil stocks near an eight-year low and causing energy market volatility. New development: Chevron CEO Mike Wirth warned that global energy markets remain 'fragile and uncertain' due to the Iran war, citing risks to oil transit routes including the Strait of Hormuz and the Red Sea. He noted that inventories have been drawn down worldwide and that energy assets have been targeted, degrading system capacity. Wirth discussed potential long-term changes, including a pipeline to the Mediterranean, as the U.S. considers reopening refineries to address supply issues. U.S. gas prices have risen above $4 per gallon since the war began, reaching $4.10 on Sunday.
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Chevron CEO warns energy markets fragile amid Iran war and shipping disruptions
Background: The U.S.-Israeli war with Iran has led to the closure of the Strait of Hormuz, driving global oil stocks near an eight-year low and causing energy market volatility. New development: Chevron CEO Mike Wirth warned that global energy markets remain 'fragile and uncertain' due to the Iran war, citing risks to oil transit routes including the Strait of Hormuz and the Red Sea. He noted that inventories have been drawn down worldwide and that energy assets have been targeted, degrading system capacity. Wirth discussed potential long-term changes, including a pipeline to the Mediterranean, as the U.S. considers reopening refineries to address supply issues. U.S. gas prices have risen above $4 per gallon since the war began, reaching $4.10 on Sunday.
Background: The U.S.-Israeli war with Iran has led to the closure of the Strait of Hormuz, driving global oil stocks near an eight-year low and causing energy market volatility. New development: Chevron CEO Mike Wirth warned that global energy markets remain 'fragile and uncertain' due to the Iran war, citing risks to oil transit routes including the Strait of Hormuz and the Red Sea. He noted that inventories have been drawn down worldwide and that energy assets have been targeted, degrading system capacity. Wirth discussed potential long-term changes, including a pipeline to the Mediterranean, as the U.S. considers reopening refineries to address supply issues. U.S. gas prices have risen above $4 per gallon since the war began, reaching $4.10 on Sunday.