PBM reform keeps stalling in Congress while drug costs shift onto employers, patients, and independent pharmacies with few legal protections in place.

Subprime auto loan delinquencies are hitting decade-highs as borrowers who financed used cars at peak prices fall behind. The cracks are spreading into ABS markets.

Retail lease defaults are rising across strip malls as thin-margin tenants face rent hikes, higher costs, and softening foot traffic – leaving landlords with few options.

Major pharmacy chains are closing locations fastest in low-income and rural areas, leaving patients without access to prescriptions and driving up downstream healthcare costs.

Warehouse sublease space is piling up across major U.S. distribution markets, signaling the inventory correction that began after the pandemic-era stockpiling frenzy is far from resolved.

Trucking spot rates have fallen sharply, squeezing small carrier cash flow through rising fixed costs, fuel expenses, and a persistent capacity glut.

Rail freight volume declines across multiple commodity categories point to softening industrial demand, raising questions about the broader health of the physical economy.

Tariff unpredictability is quietly stalling small business capital spending as owners defer equipment and expansion investments while waiting for stable trade policy.