Earnings and Semiconductors Power Markets

Published on June 1, 2026

Equities extend gains as earnings and semiconductors lead markets higher. Consumer confidence remains subdued despite economic resilience. Inflation is easing gradually but remains above the Fed’s targey.

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Supply Shocks and AI-Related Demand Blur Inflation Signals for the Fed

June 1, 2026
Recent Federal Reserve communications have turned more hawkish, reflecting concern that persistent supply-driven price pressures could begin to feed into inflation expectations. But unlike in prior cycles, today’s environment is not defined by supply shocks alone.

US Department of Labor cites Piggly Wiggly franchisee for willful, serious violations after employee suffers amputation

June 1, 2026
ATLANTA – The U.S. Department of Labor has cited a Bowden Piggly Wiggly supermarket franchisee for safety violations after a meat department worker suffered an amputation. The department's Occupational Safety and Health Administration found that on Jan. 29, 2026, RBG Foods Inc. – operating as Piggly Wiggly – tasked the worker with cleaning a commercial grinder. A co-worker stepped on the machine’s