Chicago PMI Surges to 4-Year High

Published on May 29, 2026

The Chicago Purchasing Managers’ Index surged 13.5 points in May to a four-year high of 62.7, signaling an expansion in regional business activity. This marks the largest monthly increase since 2020 and was significantly higher than the projected 50.6.

Continue reading on website
Other news

Dollar’s Monthly Rise Leaves Strategists Wary of More Gains

May 29, 2026
The Bloomberg Dollar Spot Index is up 0.7% so far in May, as investors ramped up bets that the Federal Reserve will raise rates by early 2027, boosting the appeal of US assets. The gauge is on track for only its fourth monthly gain since the greenback’s 2025 downtrend began.

MassMutual, Nationwide Reach $6 Billion Life Risk-Transfer Dea

May 29, 2026
Massachusetts Mutual Life Insurance Co. agreed to have Nationwide Mutual Insurance Co. reinsure a book of life insurance policies, freeing up about $6 billion of reserves.