What Happens When Central Banks Get Busy?

Published on October 13, 2026

The outlook for government policy, bond markets, and monetary policy appears less settled than it has been for much of the post-COVID period. The debate about public debt, the functioning of the Treasury market, inflation persistence, and the future path of interest rates has intensified. Global bond yields have been soaring.

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Trade Deficit: Different Strokes

October 13, 2026
Criticism of the AI and data center investment boom often centers on two distinct employment concerns. The first is that broader AI adoption could displace workers across industries as firms increasingly automate certain tasks. The second is that while data center construction generates jobs, these facilities require relatively few permanent employees once operational.

US Labor Department finds 6 New York, New Jersey construction employers exposed workers to safety hazards, assesses combined $648K in penalties

October 13, 2026
MONROE, NY – The U.S. Department of Labor has cited six construction employers for willful and serious safety violations involving excavation hazards at the site of a planned 408,000 square-foot mixed-use commercial building and proposed a combined $648,094 in penalties. The department’s Occupational Safety and Health Administration responded to an allegation of struck-by and collapse hazards asso