Midday Briefing — June 8, 2026

White House Action. President Trump has told Israel and Iran to hold fire amid ongoing strikes. Iran has announced an end to attacks on Israel. This follows a period where Iran and Israel exchanged strikes, as noted in a live discussion.

Economic Concerns. Household worries over finances have reached their highest level since July 2022, according to a New York Fed survey. Citadel Securities sees a risk of the Fed being forced to raise rates soon. The CEO of Embraer also discussed rising costs and the impact of tariffs.

Hiring Market. The hiring recession is over, but landing a new job remains difficult. This indicates a complex job market despite the end of the recession.

Texas Politics. A defense lawyer for Paxton's impeachment has backed Talarico for Texas Senate. This endorsement is for James Talarico in the race for a Texas Senate seat. The USDA also confirmed two new screwworm cases in Texas.