U.S. Construction Spending Rises 0.9% in August but Remains Below 2025
U.S. construction spending increased 0.9% in August 2026 to a seasonally adjusted annual rate of $2.203 trillion, while remaining 1.7% below the August 2025 level.
U.S. Manufacturing Holds at 54.5 in September as Input-Price Index Jumps
The ISM Manufacturing PMI registered 54.5 in September 2026, marking a ninth straight month of expansion as new orders and employment improved while the prices index rose sharply.
U.S. Weekly Jobless Claims Dip to 197,000 as Continuing Claims Fall
Initial U.S. unemployment claims fell to 197,000 for the week ending September 26, while continuing claims declined to 1.701 million, Labor Department data show.
Foghorn and Lilly End FHD-909 Program; Biotech Plans 40% Workforce Cut
Foghorn Therapeutics and Eli Lilly will not advance the cancer drug FHD-909 after Phase 1 data review, and Foghorn says it will reduce its workforce by about 40%.
Penguins Open NHL Season With 7-0 Shutout of Flyers
Pittsburgh opened the 2026-27 NHL season with a 7-0 win in Philadelphia as Nicholas Robertson scored twice and Arturs Silovs made 19 saves.
Russian Drone Damages Kyiv School; Occupants Sheltered Safely
A Russian drone damaged a school in Kyiv’s Solomianskyi district on October 1, but children and staff were in shelters and no casualties were reported.
Senate Confirms Keith Sonderling as U.S. Labor Secretary
The Senate confirmed Keith Sonderling as labor secretary in a 47-41 vote, moving the department’s acting leader into the permanent Cabinet post.
Anthropic’s Confidential IPO Filing Reveals Heavy Losses and Cloud Dependence
Reporting on Anthropic’s confidential IPO filing describes heavy operating losses, concentrated cloud relationships and founder voting control.
Japan’s Tankan Shows Eight-Year High in Manufacturer Confidence
Japan’s September Tankan showed manufacturer confidence at an eight-year high, while large non-manufacturer sentiment weakened and inflation expectations remained elevated.