Every week political cartoonists throughout
the country and across the political spectrum apply their ink-stained
skills to capture the foibles, memes, hypocrisies and other
head-slapping events in the world of politics. The fruits of these
labors are hundreds of cartoons that entertain and enrage readers of all
political stripes. Here's an offering of the best of this week's crop,
picked fresh off the Toonosphere. Edited by Matt Wuerker.
The extent of the 10-year yield’s rise since late February ‘runs against conventional wisdom,’ one strategist says
By Vivien Lou Chen Published: March 13, 2026 at 3:30 p.m. ET
The
conflict with Iran is producing a somewhat counterintuitive reaction in
the roughly $30 trillion U.S. bond market, by sending the benchmark
10-year yield toward its steepest two-week climb in almost a year.
BEA News: Personal Income and Outlays, January 2026
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:
Personal
income increased $113.8 billion (0.4 percent at a monthly rate) in
January, according to estimates released today by the U.S. Bureau of
Economic Analysis.
Disposable personal income (DPI)—personal income less
personal current taxes—increased $219.9 billion (0.9 percent), and
personal consumption expenditures (PCE) increased $81.1 billion (0.4
percent).
Personal outlays—the sum of PCE, personal interest payments,
and personal current transfer payments—increased $85.8 billion in
January.
Personal saving was $1.05 trillion in January, and the personal
saving rate—personal saving as a percentage of disposable personal
income—was 4.5 percent.
Personal income increased $113.8 billion (0.4 percent at a monthly rate) in January, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $219.9 billion (0.9 percent), and personal consumption expenditures (PCE) increased $81.1 billion (0.4 percent).
This
report for January 2026, originally scheduled for February 26, 2026,
was rescheduled due to the October–November 2025 government shutdown.
Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $85.8 billion in January. Personal saving was $1.05 trillion in January, and the personal saving rate—personal saving as a percentage of DPI—was 4.5 percent.
The increase in current-dollar personal income in January primarily reflected increases in compensation, personal dividend income, and personal current transfer receipts.
The $81.1 billion increase in current-dollar PCE
in January reflected an increase of $105.7 billion in spending on
services that was partly offset by a decrease of $24.6 billion in
spending on goods.
Personal Income and Related Measures [Percent change From preceding month]
December
January
Current-dollar personal income
0.3
0.4
Current-dollar DPI
0.3
0.9
Real DPI
0.0
0.7
Current-dollar PCE
0.4
0.4
Real PCE
0.1
0.1
PCE price index
0.4
0.3
PCE price index, excluding food and energy
0.4
0.4
For
definitions, statistical conventions, information on updates to
personal income and outlays (PIO), links to related tables, and more,
visit Additional Information
Improvements to the PIO News Release
BEA’s
ongoing modernization and streamlining of news release packages
includes improvements with today's PIO news release. The news release
text has been modified to include links to BEA’s online Interactive Data Tables.
News release tables in PDF and Excel format will no longer be provided
beginning with the February 2026 estimate on April 9, 2026. This change
will reduce duplication, increase efficiency, and point users directly
to the most complete data.
Next release: April 9, 2026, at 8:30 a.m. EDT Personal Income and Outlays, February 2026
Technical Notes
Changes in personal income and outlays for January
The
January increase in personal income primarily reflected increases in
compensation, personal dividend income, and personal current transfer
receipts.
Compensation increased $83.7 billion, primarily
reflecting an increase of $71.2 billion in wages and salaries, based on
U.S. Bureau of Labor Statistics (BLS) Current Employment Statistics
(CES) data.
Private wages and salaries increased $67.5 billion,
reflecting increases of $48.3 billion in services‑producing industries
and $19.2 billion in goods-producing industries.
Government wages and salaries increased $3.7 billion.
Personal dividend income increased $44.6 billion, reflecting information from company financial statements.
Personal
current transfer receipts increased $18.0 billion, mainly reflecting an
increase of $49.2 billion in social security benefits that was partly
offset by a decrease of $16.7 billion in other government social
benefits. The increase in social security benefits reflected a January
cost-of-living adjustment based on data from the Social Security
Administration. The decrease in other government social benefits
reflected a decrease in estimated Affordable Care Act enrollments.
Revisions to personal income
Estimates
have been updated for July through December. The estimates for July
through September for compensation, personal taxes, and contributions
for government social insurance reflect the incorporation of
third-quarter wage and salary data from the BLS Quarterly Census of
Employment and Wages program. The estimates for October through December
reflect updated BLS CES data.
Related Data Tables
For
the statistics highlighted in this release, as well as historical time
series for these estimates, see the following data tables in BEA’s Interactive Data Application.
Note. With
the next release of PIO, today’s data will be superseded, and the links
above will reflect the latest data. The original data featured in this
release can then be accessed in BEA’s Data Archive.
U.S. President Donald Trump said Russian President Vladimir Putin might be helping Iran.
His
comments come after U.S. intelligence indicated Russia has provided
Iran with information that could help Tehran strike American warships,
aircraft and other assets in the region.
Trump spoke with Putin earlier this week.
“I
think he might be helping them a little bit, yeah, I guess,”
--- Trump said
in an interview with Fox News that will air in full later Friday.
“And
he probably thinks we’re helping Ukraine, right?”
Host Brian Kilmeade noted the U.S. is aiding Ukraine.
“Yeah,
we’re helping them also,”
---Trump continued.
“And so he says that, and
China would say the same thing, you know.
It’s like, hey, they do it and
we do it in all fairness.”
British holidaymakers have told the BBC they are stranded abroad after their flights were cancelled when the US-Israeli war with Iran broke out. Airspace remains severely restricted following missile strikes across the Middle East meaning commercial flights through major hub airports have been grounded. Some British travellers are trapped in far-flung locations facing bills for accommodation, food and essentials which may not be covered by their travel insurance.
'I missed my chemo and have a £12,000 hotel bill': British holidaymakers stranded by Iran war
10 hours ago
Andrea Pendrey has missed her chemotherapy treatment
Andrea Pendrey
Flash News: Ukraine Intercepts Russian Kh-59 Cruise Missile Using US VAMPIRE Air Defense System Mounted on Boat. Ukrainian forces have made ...
