Podcasts about The Conference Board

Find out what NATO is, how it functions, and why Russia's recent incursions could force the alliance to act.      Recent Russian violations of Polish and Estonian airspace have NATO considering a possible Article Five response, something last seen in response to 9/11. What are NATO's options, and what happens if the alliance fails to present a united front?     Join Steve Odland and guest Sara Murray, Managing Director for International at The Conference Board, to learn about NATO's origins and structure, why defense commitments have increased, and why NATO is approaching a red line with Russia.     For more from The Conference Board:  House Passes National Defense Authorization Act (NDAA)  Green Tanks? How Defense Spending Can Bolster EU Competitiveness Amid CBAM  Europe's Financial Independence Needs Derisking, Not Decoupling 

The latest report on jobs changes everything. The hiring rate in August dropped to its lowest level since April of 2020. April 2020. It's another clear sign that the labor market is visiting Dr. Beveridge and right in time for Amazon Prime Days which begin a week from now. Consumer confidence fell sharply here for September in even more new data, with workers reporting they also feel job availability is at a multi-year low, so it's not just in the high level data, this thing is also making waves on the ground. Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------------------------------------------It is absolutely critical to understand the hidden truth or really truths about what interest rates are saying. Decoding them isn't really that difficult, either, once you step away from mainstream Economics. And that's what we're going to do on Tuesday October 14 at 6 pm ET. Join me for a full webinar as we break down these secrets to interest rates that really shouldn't be.Sign up for our webinar on the Hidden Truth Behind Interest Rates:https://webinar.eurodollar-university.com/home---------------------------------------------------------------------------------------------------------------------What is a Eurodollar University membership? It's where understanding the monetary world isn't a mystery—it's a method.If you're serious about your financial education and want clarity in a world of volatility and massive uncertainty, you're in the right place. https://eurodollar.university/memberships ---------------------------------------------------------------------------------------------------------------------Conference Board https://www.conference-board.org/topics/consumer-confidence/https://eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news the US faces a federal government shutdown as markets start to realise Trump has no problem being reckless and has no problem hurting his 'friends'..But first, there was another Pulse dairy auction overnight. And that brought marginally weaker prices for both SMP and WMP, down a bit less than -0.5% in USD terms. In fact these prices are now at their lowest level of 2025. But because the NZD is falling, the prices achieved actually rose about the same amount in local currency.In the US, the number of job openings in August were virtually unchanged from July at 7.2 mln as was expected.But the Chicago PMI fell again in September, well below market expectations that it would improve. And the dip was sharp, the most in three months.Also weaker was the Dallas Fed services sector with their retail sector retreating rather fast in an unusual move lower.Adding to the downbeat sentiment was the September report from the Conference Board showing consumers are glummer than at any time since the start of the year. A common theme in the survey responses is the impact of rising inflation.And the downbeat sentiment may well get worse, and quickly. The White House seems to relish a full government shutdown to start their fiscal year tomorrow with mass firings rather than furloughs. And Trump says some American cities he considers dangerous should become training grounds for American troops, proposing 'his' troops be used to fight other Americans in their home cities. It is getting toxic very fast there.For their economy, there is a real possibility now that this weekend's non-farm payrolls release will be cancelled because the department releasing it will be closed. If that turns out to be the case, it could mask some quite weak results. Analysts now expect less than a +50,000 gain.Financial markets are downplaying the risks of all this, mainly because there have been many 'shutdown' crises over the decades. But at least the earlier ones involved parties prepared to reach a deal. Maybe not this time.Across the Pacific in China, their official factory PMI contracted again. But even though it is the sixth straight monthly contraction, the pace of decline was the least in that time. (Their factory PMI rose in February and March, but only by marginal levels.) Their official services PMI for September is no longer expanding. These official PMIs have been more conservative than the private surveys (RatingDog, ex Caixin) probably because they have a heavier weighting to Chinese SOEs. The private ones are more attuned to private and foreign enterprises, surveyed by S&P Global, and they report a faster expanding factory sector, and solidly expanding services sector.Meanwhile, China has frozen imports of BHP iron ore in a pricing dispute. BHP is their third largest supplier after Rio Tinto and Brazil's Vale.Taiwanese consumer sentiment rose in September, but to be fair the bar is low because it has been stunted since May.In Europe, Germany said their CPI inflation edged up to 2.4% in September, marginally above the August level. But ist was a rise that was slightly more than expected.In Australia, there were no surprises from their central bank which held its cash rate target at 3.6%. But even though this hold was all priced in, there was some surprising reaction in financial markets. Somehow the decision was regarded as 'hawkish' and the AUD rose and benchmark bond interest rates fell on the news. The strong currency remained although the bond move was later reversed. Air cargo volumes in August grew +4.1% globally, driven by a near +10% rise from a year ago in the Asia/Pacific region. But notably, North American air cargo volumes fell -2.1% on the same basis in August, the weakest global region. And the pattern was similar for passenger travel. Asia/Pacific and Latin America brought strong growth, underpinning a +4.6% expansion, but North America lagged here too, only up +0.5% from a year ago.The UST 10yr yield is still at 4.14%, unchanged from yesterday.The price of gold will start today at US$3846/oz, up +US$16 from yesterday and a new all-time high. Silver is -50 USc softer however.American oil prices are down another -50 USc at just over US$62.50/bbl, with the international Brent price now just under US$66.50/bbl and down more than -US$1.The Kiwi dollar is at just on 58 USc and up +20 bps from yesterday. Against the Aussie however we are down -30 bps at 87.6 AUc and a new three year low. Against the euro we are little-changed at 49.4 euro cents. That all means our TWI-5 starts today at just on 65.1, and unchanged.The bitcoin price starts today at US$112,876 and down -0.8% from yesterday. Volatility over the past 24 hours has been low at just on +/- 0.9%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

The lawsuit against certain US tariffs could be resolved soon, but uncertainty for businesses will likely linger.     The Supreme Court is scheduled to rule in November on certain tariffs issued by the Administration. What's at stake in the case, and how can businesses prepare for all possible outcomes?     Join Steve Odland and guest John Gardner, vice president of public policy at the Committee for Economic Development, the public policy center of The Conference Board, to find out how this lawsuit started, how the Supreme Court could potentially rule, and what the administration could do in response.     For more from The Conference Board:  Tariffs: On to the Supreme Court and New Executive Order  Federal Circuit Tariff Ruling: More Uncertainty  Tariff Tracker 

What happens when Washington fails to fund the government? In this episode of C-Suite Perspectives, guest host Dana Peterson, Chief Economist at The Conference Board, sits down with Yelena Shulyatyeva, Senior US Economist for The Conference Board Economy, Strategy & Finance Center, to unpack the economic, business, and consumer impacts of a government shutdown.    From delays in critical economic data to disruptions for federal workers, contractors, and even mortgage approvals, Yelena explains the ripple effects of shutdowns across sectors. The discussion also explores how consumer confidence, GDP growth, and even the Federal Reserve's policy decisions can be influenced when the government goes dark.    Whether you're a business leader preparing for uncertainty, an investor tracking economic signals, or simply curious about how a shutdown affects everyday life, this conversation offers clarity and context on one of Washington's most disruptive events. 

The global economy is slowing — but is it a recession, stagflation, or just a soft patch? In this episode of C-Suite Perspectives, Steve Odland speaks with Erik Lundh, Senior Global Economist at The Conference Board, about the latest forecast for the US and world economies.  They break down:  Why US growth in 2025 will feel sluggish  The role of tariffs, inflation, and labor markets  Outlooks for Europe, China, India, and beyond  The Fed's next moves on interest rates  How “gray swans” and AI could reshape the decade ahead    This episode was recorded on September 16, 2025.    For more from The Conference Board:  Global Forecast Update  Global Gray Swans Tool  The Economic Outlook—Storms or Sunshine Ahead?  

As organizations head into 2026, pay planning has become more strategic than ever. Salary budgets remain firm, but workforce strategies are shifting toward automation, reskilling, and greater pay transparency.   Diana Scott welcomes Mitchell Barnes and Rita Meyerson of The Conference Board to discuss how salary budgets are evolving; why pay equity and transparency are critical to retention; and how economists, HR leaders, and members of the C-Suite can partner to shape resilient, future-ready workforce strategies. 

In this episode: the latest developments in Canada Post negotiations, rising retail crime across the country, how Canadian businesses are adopting AI, Alberta's launch of new employment services to better connect job seekers with work, and other topics.Follow us on: X @cadHRnews; LinkedIn @ Canada HR News Podcast to get the latest HR updates.Canada Post is submitting new contract offers to the Canadian Union of Postal Workers (CUPW) in an effort to restart stalled negotiations | Canada Post to present new global offers in response to CUPW's recent offers | Canada Post Canadian businesses are rapidly increasing their adoption of artificial intelligence | AI on the Horizon: September 18, 2025  - The Conference Board of Canada Alberta is launching WorkFirst Alberta, a new, enhanced suite of employment services designed to better connect job seekers with meaningful work and help employers find skilled talent | Transforming employment services in Alberta | alberta.ca TELUS Health's 43rd annual Salary Projection Survey reports that Canadian employers are dialing back salary increase expectations | SURVEY: Market uncertainty and international tariffs prompt organizations to take more cautious approach to salary planning Retail Council of Canada reports that retail crime in Canada has escalated sharply in both scale and severity, affecting businesses, employees, and communities | 2025-Retail-Crime-Report-3-1.pdf If you would like to be a guest on the podcast, send us a message at LinkedIn or X @CadHRNews

Here are the stories Kevin discussed during the program: the day after the Federal Reserve cut the interest rate many articles discussed the move; a local story discussing Procter and Gamble "price hikes"; the U.S. Labor Department released the Weekly Jobless Claims Report; The Conference Board released the Leading Economic Index; oil and gas prices react to economic news and geopolitical events; Kevin has the details, discusses the details, puts the information into historical perspective, offers his insights and a few opinions along the way.

Here are the stories Kevin discussed during the program: the day after the Federal Reserve cut the interest rate many articles discussed the move; a local story discussing Procter and Gamble "price hikes"; the U.S. Labor Department released the Weekly Jobless Claims Report; The Conference Board released the Leading Economic Index; oil and gas prices react to economic news and geopolitical events; Kevin has the details, discusses the details, puts the information into historical perspective, offers his insights and a few opinions along the way.

What does the Bank of Canada cut to its key interest rate mean for you - and for Canada's economy? CBC's Senior Business Correspondent Peter Armstrong joins us to walk through the bad and the slightly less bad economic news. We'll also talk to Avery Shenfeld, Managing Director and Chief Economist of CIBC, and Pedro Antunes, the Chief Economist at The Conference Board of Canada to look at what the coming months could bring.

Herinnert u zich nog de discussies over de omgekeerde yieldcurve als recessievoorspeller? Als de lange rente lager is dan de Fed-rente zou er een recessie komen. De gedachte hierachter is dat de Fed de rente hoog houdt om de inflatie te bestrijden. Dat is een minpunt voor de economie. Terwijl de lange rente daalt omdat het private deel van de economie minder geld nodig heeft, omdat men vindt dat de vooruitzichten wat minder zijn. En dus investeert men niet. Deze private factor wordt overigens altijd wat onderbelicht. Ik zie hele studies voorbijkomen die ingaan op de vraag- en aanbodverhoudingen van de staatsschuld. Dat is logisch, want hierover zijn goede cijfers beschikbaar. Maar het private deel van de economie is veel groter, waardoor de impact op de rente ook veel groter is. Maar ja, dat is moeilijker te meten. Het klinkt een beetje als die dronkaard die zijn sleutels zoekt bij de lantaarnpaal omdat daar licht is, terwijl hij ze ergens anders heeft verloren. De omgekeerde yieldcurve-indicator werkte lange tijd perfect. Alleen voorspelde deze dat er al in 2022 een Amerikaanse recessie zat aan te komen. De economen die zwaaiden met deze indicator zijn erg stil geworden. Toen ze erachter kwamen dat de yieldcurve als indicator niet meer werkte, wierpen ze zich op de Sahm-regel. De Sahm-regel zegt dat er een recessie komt als de werkloosheid 0,5% boven het dieptepunt van de afgelopen twaalf maanden uitkomt. Claudia Sahm meldde zelf al dat de regel deze keer waarschijnlijk niet zou werken. Ook de Leading Index van de Conference Board waarschuwde voor een recessie in mei 2022. En tot dusverre: niets. Dus kijkt iedereen nu naar de Perkins-regel. Die is supersimpel: als er één maand een daling van de werkgelegenheid is geweest, komt er een recessie. Nu, na de nodige revisies, was die daling er in juni 2025. Ergo, er komt een recessie. Is dit de volgende recessie-indicator die de prullenbak in kan? Misschien, want die maandelijkse werkgelegenheidscijfers worden steeds onbetrouwbaarder. Dat komt niet door de recent ontslagen directeur van het Amerikaanse statistische bureau, maar omdat steeds minder mensen deze enquêtes beantwoorden. In 2017 vulde nog 65% deze enquêtes in. Nu is dat nog maar 42%. We kunnen dus niet zomaar vertrouwen op deze simpele doch doeltreffende recessie-indicatoren. Dan zullen we toch gewoon zelf moeten gaan nadenken. Ik denk dat de vooruitzichten somber zijn. Consumenten hebben op zich geld genoeg om te spenderen, maar als de werkgelegenheid afneemt zullen ze toch wat onzekerder worden. En onzekere consumenten geven minder uit. Maar het blijft het inschatten van gevoelens. Dat is en blijft heel wat moeilijker dan een simpele indicator die recessies voorspelt. Toch wel een beetje jammer. Corné van Zeijl is analist en strateeg bij Cardano en belegt ook privé. Reageer via c.zeijl@cardano.com. Deze column kun je ook iedere donderdag lezen in het FD. See omnystudio.com/listener for privacy information.

CVS Health is striving to improve health care delivery in five key areas: cost, quality, access, experience, and equity. What changes are necessary to ensure better outcomes across the US health care system?     Join Steve Odland and guest Dr. Sree Chaguturu, executive vice president and president of healthcare delivery at CVS Health, to find out what value-based care looks like, why primary care needs subspecialties, and how CVS Health is meeting the different needs of different demographics across its portfolio.     For more from The Conference Board:  26th Annual Employee Health Care Conference  Explainer: Medicare  Major Changes to Affordable Care Act Enrollment Policies 

This week we're bringing you an episode of our podcast WSJ's Take On the Week, where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street's banking and money columnist, cut through the noise and dive into markets, the economy and finance. In this week's episode, Telis is joined by Dana M. Peterson, chief economist and leader of the Economy, Strategy & Finance Center at the Conference Board. They begin with the research group's August consumer confidence index and whether its results mean we're in "vibecession.” Then Peterson defends the importance of survey-based data and why revisions are necessary. And Telis asks: Could private data replace government data? Check out WSJ's Take On the Week. Further Reading:  Consumer-Confidence Survey Slips in August Government Data Is Under Fire, but It Makes the World Go ‘Round Consumer-Confidence Survey Improved in July Trump Advisers Consider Changes to How Government Collects Jobs Data Trump's BLS Firing Tests Wall Street's Reliance on Government Data Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode of WSJ's Take On the Week, co-hosts Gunjan Banerji and Telis Demos talk about the bond market, the post-Labor Day volatility it experienced due to concerns over the Federal Reserve's independence, investors piling into gold, and the U.S.'s potential loss of its tariff income stream after a decision by a Court of Appeals. Later in the show, Telis is joined by Dana M. Peterson, chief economist and leader of the Economy, Strategy & Finance Center at the Conference Board. They begin with the research group's August consumer confidence index and whether its results mean we're in "vibecession.” Then Peterson defends the importance of survey-based data and why revisions are necessary. And Telis asks: Could private data replace government data? This is WSJ's Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street's banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We'd love to hear from you. Email the show at takeontheweek@wsj.com. To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com Further Reading Consumer-Confidence Survey Slips in August Government Data Is Under Fire, but It Makes the World Go ‘Round Consumer-Confidence Survey Improved in July Trump Advisers Consider Changes to How Government Collects Jobs Data Trump's BLS Firing Tests Wall Street's Reliance on Government Data For more coverage of the markets and your investments, head to WSJ.com, WSJ's Heard on The Street Column, and WSJ's Live Markets blog. Sign up for the WSJ's free Markets A.M. newsletter.  Follow Gunjan Banerji here and Telis Demos here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Canada's economy is clearly feeling the effects of ongoing U.S. tariffs … and business confidence is down. So how gloomy is the outlook? Amanda Lang speaks with Pedro Antunes, Chief Economist at the Conference Board of Canada.

The Federal Reserve has come under scrutiny, including uncertainty over whether the President can remove Fed governors — and under what circumstances. What does it mean to call the Federal Reserve “independent,” and how does that work in practice?      Join Steve Odland and guest Yelena Shulyatyeva, senior US Economist for The Conference Board Economy, Strategy & Finance Center, to find out about the Federal Reserve's origins, who selects Fed governors and regional presidents, and why the Fed's independence matters to the economy.     For more from The Conference Board:  The Conference Board Economic Forecast for the US Economy  Executive Order Seeks to Address Alleged Political Bias In Bank Access  Stablecoin Law Represents New Era for Crypto 

Every month, Americans – both consumers and businesses -- turn to the Bureau of Labor Statistics (BLS) to understand the health of the US economy and what to expect next. How can businesses and Congress support and improve the work of this agency?      Join Steve Odland and guest Erica Groshen, former commissioner of BLS from 2013 to 2017, to find out how BLS conducts surveys, how monthly revisions work, and what's limiting the agency from being even more effective.     For more from The Conference Board:  The Conference Board Employment Trends Index™ (ETI)  Responding to US Labor Shortages  Policy Alert: Executive Orders to Strengthen the Current and Future Workforce 

Electricity demand is expected to increase 25% by 2050. How can renewable energy sources in the US help fill the gap?   Renewables will soon produce 25% of US electricity generation, and they've already surpassed coal as a share of output. How can renewables continue to meet the growing demand for energy, and what can we expect from emerging sources such as geothermal and fusion?   Join Steve Odland and guest Alex Heil, senior economist at The Conference Board, to find out why US energy usage is projected to increase, what's next for nuclear, solar, and wind, and why further efficiencies can be found by upgrading today's grid.   For more from The Conference Board: ·       Endless Power Revisited: Recent Fusion Energy Breakthroughs & Near-Term Outlook ·       Blown Away: Overcoming Variability in Wind Power Key to a Decarbonized Grid ·       Under Ground: Geothermal Electricity's Potential as a Supplemental Power Source

On Tuesday, the Conference Board reported a slight drop in consumer confidence, driven by worries about available jobs and future incomes. But a dip in confidence doesn't always mean people spend less. Also on the show: Where have all the working moms gone? "Marketplace" host Amy Scott talks with Abha Bhattarai from the Washington Post about how women are losing workforce participation gains made during the pandemic. Plus, what ending the 'de minimis' exemption could mean for overseas retailers and online shoppers.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

On Tuesday, the Conference Board reported a slight drop in consumer confidence, driven by worries about available jobs and future incomes. But a dip in confidence doesn't always mean people spend less. Also on the show: Where have all the working moms gone? "Marketplace" host Amy Scott talks with Abha Bhattarai from the Washington Post about how women are losing workforce participation gains made during the pandemic. Plus, what ending the 'de minimis' exemption could mean for overseas retailers and online shoppers.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Consumer confidence mostly held steady in August – what's driving people's current mood and spending habits?  The latest update from The Conference Board Consumer Confidence Index® shows a slight dip in August, with the index slipping to 97.4 from July's 98.7. Both the Present Situation Index and the Expectations Index fell, with expectations remaining below the recession-warning threshold of 80.  Join Dana Peterson, Center Leader of the Economy, Strategy & Finance Center at The Conference Board, and Stephanie Guichard, Senior Economist, Global Indicators, The Conference Board, as they discuss:  Why tariffs and inflation remain top-of-mind for consumers;  How resumption of interest on student loans is impacting consumer credit and spending habits; and  The resiliency of cash payments and who's using buy-now-pay-later options.  More from The Conference Board:  Consumer Confidence Index  Will E-Wallets and Deferred Payments Overtake Cash and Credit Cards?  Pre-Aug 1 Tariff Buying Likely Boosted July Retail Sales 

Doing business in China increasingly requires an entirely different approach to supply chain, IT, government relations, and innovation. How can multinational companies operating in China evaluate the risks and opportunities—including gray swans and even black swans?     Join Steve Odland and guest David Hoffman, China Center Leader and senior advisor for Asia at The Conference Board, to explore the difference between “complicated” and “complex,” how to win in down market operating conditions, and why managing geopolitical risks requires both the local operation and your global headquarters.     For more from The Conference Board:  China's Investment Paradox  China Economy Watch July 2025  China CEO Council 

Consumer sentiment took a hit in August as concerns about inflation and a potential recession loomed. Morningstar's David Swartz says consumers are pulling back on discretionary spending due to economic uncertainty, while Conference Board's Dana Peterson notes a rise in inflation expectations in July. However, not all retailers are created equal - Swartz sees value in undervalued department store stocks like Macy's (M) and Kohl's (KSS), citing their significant real estate holdings.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

How does a leader create an environment where it's ok not to be ok? In this episode, Dr. Bill Howatt joins the program to discuss the key early warning signs that leaders should be trained to recognize when an employee might be experiencing a mental health crisis, how to avoid common mistakes leaders make when trying to support employees with mental health challenges, and more.Dr. Howatt is the former Chief of Research, Workforce Productivity, at the Conference Board of Canada and former Chief of Research and Development, Workforce Productivity, at Lifeworks. He has authored over 60 books and is known as one of Canada's top workplace mental health experts. He is currently Chief Mental Health Officer & Founder at Howatt HR Consulting.Episode Links:Learn more about Dr. Howatt's Crisis Ready Workplace CertificationDr. Howatt's eBook: "Practical Considerations for Facilitating Workplace Psychological Health and Safety": About Propel:Propel is the purpose-built well-being platform designed to help you develop a culture of well-being and bring your vision to life. Propel helps you launch a truly engaging program with flexible technology that tailors the experience to your diverse teams.Create a unique well-being experience from within. See how Propel can help by scheduling a free strategy session at propelwellbeing.com.

What does it mean to be a Chief Reframer? Stela Lupushor joins The Brand Called You podcast to challenge outdated workplace models. From AI integration to human capital ROI, she shows how to rethink systems, not just tweak them. A must-listen for future-ready leaders.00:31- About Stela LupushorStela is the founder and chief executive re-framer of Reframe.Work. She is also the program director, strategic workforce planning and HR Be Peace Council at the Conference Board and facilitates conversations with Fortune 500 corporation members on building new global workforce strategies.She also is the human capital analytics center leader at the Conference Board, shaping its research agenda.Stela is also the founder chairperson of the board of directors of ‘Amazing', a non-profit organization extending the work horizon for women and empowering them to thrive in the workplace of the future.

More C-Suite leaders view their boards as effective in 2025, but numerous challenges remain, including keeping up with AI.     More than one-third (35%) of C-Suite executives surveyed by PwC and The Conference Board say their board's effectiveness is “excellent” or “good.” What are these boards doing well, and where do they need to improve?     Join Steve Odland and guest Arielle Berlin, director of the Governance Insights Center at PwC, to find out how boards are grappling with uncertainty, why companies want boards to focus more on AI and talent, and why nearly all senior executives are calling for board refreshment.     For more from The Conference Board:  Board Effectiveness: A Survey of the C-Suite: 2025 Edition  The Evolution of Overboarding Policies  Board Practices and Composition: 2024 Edition 

Kevin covers the following stories: "They said it couldn't be done but President Trump keeps doing it anyway." - Phil Flynn, Price Futures Group; S&P Dow Jones Indices released the May 2025 results for the S&P CoreLogic Case-Shiller Indices - U.S. prices; the Conference Board released the U.S. consumer confidence index; Daimler Truck announced a major change in their focus on certain trucklines, job cuts and the challenges they face this year; J.B. Hunt releases 2nd Qtr. results; Kevin sorts through the data, discusses the details, puts the information into perspective, offers his insights and some opinions. Oil and gas prices react to continuing U.S. - China trade talks, President Trump's shorter deadline for Russia to negotiate an end to the war with Ukraine or face more severe sanction on its oil flows, the upcoming Federal Reserve's interest rate decision and the trade agreement between the U.S. and the EU. Kevin makes predictions on what the 2nd Qtr. GDP will be and whether the Federal Reserve will reduce interest rates.

Kevin covers the following stories: "They said it couldn't be done but President Trump keeps doing it anyway." - Phil Flynn, Price Futures Group; S&P Dow Jones Indices released the May 2025 results for the S&P CoreLogic Case-Shiller Indices - U.S. prices; the Conference Board released the U.S. consumer confidence index; Daimler Truck announced a major change in their focus on certain trucklines, job cuts and the challenges they face this year; J.B. Hunt releases 2nd Qtr. results; Kevin sorts through the data, discusses the details, puts the information into perspective, offers his insights and some opinions. Oil and gas prices react to continuing U.S. - China trade talks, President Trump's shorter deadline for Russia to negotiate an end to the war with Ukraine or face more severe sanction on its oil flows, the upcoming Federal Reserve's interest rate decision and the trade agreement between the U.S. and the EU. Kevin makes predictions on what the 2nd Qtr. GDP will be and whether the Federal Reserve will reduce interest rates.

Consumer confidence ticked up in June, according to The Conference Board. At the same time, confidence in the labor market weakened for a seventh consecutive month. In this episode, what good are a bunch of confident consumers if they're stressed about finding work? Plus: SNAP cuts will hurt grocery stores, Americans have to buy foreign goods if we want other countries to buy our goods, and tariff costs negate productivity growth benefits.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture The people are still struggling in the [CB] economy, remember inflation is cumulative and people have to restort to credit to survive. Warns the UK, they have the oil make the common sense move. Business confidence rises. Trump is now taxing the [CB]/[DS] players. The [DS] is keeping the latest shooting in the news, normally if it is not a white person they drop the story, this is to cover for the Russia hoax release. The D's set many precedents going after Trump, and now Trump is going to use it on them. The D's said that a President can be impeached once he is out of office, now Trump can use this on Obama. Obama will be tried and impeached at the same time. It will be like he never existed.   Economy https://twitter.com/KobeissiLetter/status/1950183780733403244   +$363 billion. That's an average increase of +$7.3 billion PER MONTH. The worst part? This does not include "Buy Now, Pay Later" spending, which is projected to hit a record $116.7 billion this year. Americans are "fighting" inflation with credit card debt. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");  https://twitter.com/alexahenning/status/1949972139534066090 https://twitter.com/unusual_whales/status/1950173713359655140   https://twitter.com/ScottAdamsSays/status/1949955107157676174 https://twitter.com/RapidResponse47/status/1950226148106936553   Consumer Confidence Unexpectedly Jumps on Rising Hopes for Jobs and Business Conditions The Consumer Confidence Index climbed to 97.2 this month, up from a revised 95.2 in June. Economists had forecast a reading of 95.8. The rise was driven by improving expectations for business conditions, employment, and income, particularly among adults over the age of thirty-five and across nearly all income groups. The Expectations Index rose to 74.4 in July from 69.9 in the previous month. While still below the level of 80 that the Conference Board associates with recession risk, July marked the highest reading since January and the second consecutive monthly increase. According to the report, “all three components of the Expectation Index improved,” with fewer consumers expecting business and labor conditions to worsen and more anticipating income gains. Source: breitbart.com Political/Rights The Left-Wing Hysteria Over Sydney Sweeney's Jeans Commercial Just Got Even More Insane This story's actually been running laps on social media for several days. As the accusations go, because Sydney Sweeney is white and has blue eyes, the use of the pun "good jeans" in the American Eagle ad is supposedly a nazi dog-whistle. No, I'm not kidding. https://twitter.com/EllaYurman/status/1948986062899949779?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1948986062899949779%7Ctwgr%5Ea1779d6e0901af7b16050f002fdbd4b146446d82%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fredstate.com%2Fbonchie%2F2025%2F07%2F29%2Fthe-left-wing-hysteria-over-sydney-sweeneys-jeans-commercial-n2192210 https://twitter.com/washingtonpost/status/1949945483452969294?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1949945483452969294%7Ctwgr%5Ea1779d6e0901af7b16050f002fdbd4b146446d82%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fredstate.com%2Fbonchie%2F2025%2F07%2F29%2Fthe-left-wing-h...

Consumer confidence ticked up in June, according to The Conference Board. At the same time, confidence in the labor market weakened for a seventh consecutive month. In this episode, what good are a bunch of confident consumers if they're stressed about finding work? Plus: SNAP cuts will hurt grocery stores, Americans have to buy foreign goods if we want other countries to buy our goods, and tariff costs negate productivity growth benefits.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Stephanie Guichard of The Conference Board reacts to Durable Goods Orders, saying the report shows “caution in the business sector.” Business investment “is not going to be that great going forward, but it's not going to be that bad either.” She also looks at 2Q CEO confidence, and notes that more are revising capex spending lower that higher for the first time in 5 years.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

“Our job is to recycle so that we can recover all of that scrap and goods that you and I are recycling in our garbage bins every week or recycling as we get new cars. And our job is to recover that because we make steel in a very clean and efficient process through what's called an electric arc furnace. So, we take all of that scrap, we melt it down, and we make new steel. It does not degrade. It has a continuous reusable life.…Depending on the different products of steel, that actually determines the recycled content that goes into them for the finishes and the quality of the steel that's needed.” Tabitha Stine on Electric Ladies Podcast With tariffs on steel and the Nippon Steel-U.S. Steel merger back in the news, we wanted to replay this important conversation on the impact of steel on the environment and how “recycled steel” works. “The production and use of materials such as cement, steel, and aluminum have a significant carbon footprint,” according to the UN, with construction 37% of emissions. But is recycled steel safe? Listen to Tabitha Stine, General Manager of Energy Solutions and Services at Nucor Corporation, which says it's “North America's largest steel manufacturer and recycler.” She'll explain how recycled steel is made and more in this fascinating conversation with Electric Ladies host Joan Michelson. They also share insightful career advice. You'll hear about: How recycled steel is made and where the steel comes from that is recycled. How structurally sound recycled steel is and how it's tested to make sure and meet building codes. Which industries use recycled steel, why, and how the demand and supply line up.   How the steel industry is adapting to ensure automobiles and buildings are resilient to the ravages of climate change, including innovations in the works. Plus, insightful career advice, such as… “Usually what holds people back is, people are not willing to raise their hand. And then you go 10 years and you haven't had guidance because maybe you have a manager that doesn't give you feedback. You have to advocate for yourself. You are your advocate. There are no others. You've got to assume nobody else will except for yourself and you go for it. And I would also stress that if you're also not mentoring others at every stage along your career, you're missing out on a big opportunity,” Tabitha Stine on Electric Ladies Podcast Read Joan's Forbes articles here. You'll also like: Marci Jenks, Eco-Materials Technologies, on green cement Congresswoman Chrissy Houlahan (D-PA), on the politics of energy and infrastructure Erin McLaughlin, Senior Economist, The Conference Board, about her new report on buildings, climate change and carbon emissions. Katie McGinty, Chief Sustainability Officer, Johnson Controls, on the power of buildings. Anna Siefken, Deputy Director, Federal Energy Management Program, Dept. of Energy, on how the federal government reduces the energy use and carbon footprint of its 350,000 buildings. Laura Busse Dolan, CEO, Applied Imagination, which designs and builds miniature buildings from plants and botanicals. Subscribe to our newsletter to receive our podcasts, blog, events and special coaching offers.. Thanks for subscribing on Apple Podcasts or iHeartRadio and leaving us a review! Follow us on Twitter @joanmichelson

Kevin covered the following stories: the University of Michigan released their Survey of Consumers (Consumer Sentiment); the U.S. Commerce Department reported single family home building permits; the U.S. Commerce Department's Census Bureau reported single family housing starts; the U.S. Conference Board published the Leading Economic Index (LEI); Ward's Intelligence released June Class 8 Truck Sales; Volvo reported 2nd Quarter earnings; Kevin has the details, digs into the data, puts the information into historic perspective offers his insights and an opinion or two. Crude Oil and Gas prices react to the EU's 18th package of sanctions, potential Iran nuclear talks with Britain, France and Germany, pending tariffs, set to kick in on August 1st and rumors of possible meeting between President Trump, Russian President Vladimir Putin and Chinese President Xi Jingping.

Kevin covered the following stories: the University of Michigan released their Survey of Consumers (Consumer Sentiment); the U.S. Commerce Department reported single family home building permits; the U.S. Commerce Department's Census Bureau reported single family housing starts; the U.S. Conference Board published the Leading Economic Index (LEI); Ward's Intelligence released June Class 8 Truck Sales; Volvo reported 2nd Quarter earnings; Kevin has the details, digs into the data, puts the information into historic perspective offers his insights and an opinion or two. Crude Oil and Gas prices react to the EU's 18th package of sanctions, potential Iran nuclear talks with Britain, France and Germany, pending tariffs, set to kick in on August 1st and rumors of possible meeting between President Trump, Russian President Vladimir Putin and Chinese President Xi Jingping.

2025 is half over. What issues should human capital leaders focus onduring the restof the year?     In this time of rapid change, chief HR officers (CHROs) shouldfocus on issues such as AI transformation, leadership resilience, and strategic workforce planning. Whatelse made The Conference Board's top 10 CHRO priorities for the restof 2025?    Join Steve Odland and guest Diana Scott, center leader of the US Human Capital Center at The Conference Board, to find out why succession and workforce planning are so important, the role of reskilling and upskilling, and how to help your workforce overcome their fear of AI.    The Conference Board is profiling the top 10 priorities for crucial job functions and business units. In this episode of C-Suite Perspectives, we look at the top priorities for CHROs.     (00:46) Priority Number 10: Employee Well-Being (03:47) Priority Number 9: Data-Driven Workforce Decisions (06:20) Priority Number 8: Succession Planning (08:49) Priority Number 7: Reimagining Hybrid and Flexible Work (11:23) Priority Number 6: Talent Mobility and Internal Opportunities (14:00) Priority Number 5: Reskilling and Upskilling at Scale (17:01) Priority Number 4: Driving Organizational Change and Building Culture (19:00) Priority Number 3: Strategic Workforce Planning (22:02) Priority Number 2: Leadership Resilience and Agility (23:05) Priority Number 1: Leading AI and Technology Transformation      For more from The Conference Board:  The State of US Job Satisfaction  The Reimagined Workplace 2025: Managing Uncertainty  Navigating Change Fatigue in an Age of Disruption 

Today, we're looking at an interview with an RCMP Staff Sergeant who told the CBC that a person switching beliefs from “equal rights” to “traditional values” is a warning sign of extremism. Plus, the Conference Board of Canada is suggesting that as immigration numbers slow down, wages for Canadians will go up. And finally, Alberta is tackling diversity, equity and inclusion and other woke ideologies as municipalities are being pushed to back away from far-left policies and programs that have harmed the province's cities. Special Guest: Lise Merle.

Originally by today - July 9th - we were supposed to have 90 trade deals in 90 days, and new tariffs were supposed to go into effect. This week, the Trump administration extended the deadline to August 1st. President Trump is now insisting that there will not be another extension to this deadline. Maria Demertzis, the chief economist for Europe at the Conference Board in Brussels, joins Thanos Davelis as we look at what message this latest extension of the tariff deadline sends to America's trading partners, particularly Europe.You can read the articles we discuss on our podcast here:No TACO Tuesday: Trump insists Aug. 1 tariff deadline won't be extendedTrump delays tariffs as the rest of the world plays hardballWhat Trump Trade Policy Has Achieved Since ‘Liberation Day'Greek PM to brief Parliament on migration surge from LibyaBenghazi expels EU migration envoysHouthi rebels release video of attack on Greek ship Magic SeasDeath toll from Red Sea attack on Greek-owned vessel rises to three

Japan and South Korea face 25% US tariffs in August. Donald Trump also sent tariff letters to twelve other countries on Monday with details of the tariffs of up to 40% that they could face. We hear from the US Consumer Technology Association on what tariffs could mean for stores across America. Also, as the trading day starts in Tokyo and with elections on the horizon, we ask how Japan's government will interpret President Trump's latest tariff threat.And how street art is encouraging thousands of tourists back to a once-deserted village in southern Italy. Throughout the programme, Sam will be joined by two guests on opposite sides of the world: Peter Landers, Wall Street Journal Asia Business and Finance Editor in Beijing, and Erin McLaughlin, Senior Economist at the Conference Board in new York.

We've just passed the midway point of 2025 -- what are the top 10 priorities for chief marketing officers (CMOs) for the rest of the year?     CMOs have been tasked with driving growth even while they grapple with external uncertainty, widespread burnout, and the rise of AI. What else made The Conference Board's top 10 CMO priorities for the rest of 2025?     Join Steve Odland and guest Ivan Pollard, the Marketing & Communications Center Leader at The Conference Board, to find out what we can learn from CMO surveys, why the CMO-CEO relationship matters, and why 2025 is the year AI needs to contribute to revenue growth.     The Conference Board is profiling the top 10 priorities for crucial job functions and business units. In this episode of C-Suite Perspectives, we look at the top priorities for CMOs.      For more from The Conference Board:  Recognition Rises for CMOs Even as Workload Saps Their Energy  Amid Turmoil, Marketers Are Worried About Their Budgets  CMO-CEO Collaboration: CEOs Want CMOs to Focus on Business Growth—Period 

Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.Elon Musk vows to defeat politicians who back Trump's megabill 'if it is the last thing I do' and Elon Musk says he'll form the 'America Party' if Trump's 'insane' spending bill passes“Elon Musk knew, long before he so strongly Endorsed me for President, that I was strongly against the EV Mandate. It is ridiculous, and was always a major part of my campaign. Electric cars are fine, but not everyone should be forced to own one. Elon may get more subsidy than any human being in history, by far, and without subsidies, Elon would probably have to close up shop and head back home to South Africa. No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE. Perhaps we should have DOGE take a good, hard, look at this? BIG MONEY TO BE SAVED!!!”Elon Musk's loyal and trusted Tesla ‘fixer' takes the fall for dismal EV salesOmead Afshar, head of North America and Europe, was fired for failing to turn around the brand's flagging demandFedEx founder Fred Smith has died at 80Leading Independent Proxy Advisory Firm ISS Supports Compelling Case for Change to Brookdale Senior Living Board of Directors and Recommends “Withhold” votes on long tenured Brookdale directors Lee Wielansky, Chair of the Investment Committee, and Victoria Freed, Chair of the Nominating and Governance Committee:“Given the tenure and positions of Wielansky and Freed, they are arguably the most culpable among incumbent directors for the current state of affairs.”2014 vote: Wielansky (99.6% YES) and Freed (98.8% YES)Leading Independent Proxy Advisory ISS Supports Compelling Case for Change to AstroNova Board of DirectorsISS finds “change at the Board level is warranted to improve independence and oversight”: 97% YES for entire board last yearBoard Effectiveness: A Survey of the C-Suitebased on a PwC and The Conference Board report:93% of executives say they want someone on their board replaced (highest ever)only 50% of executives have confidence in their boards ability to remove underperforming directorsWhat are the challenges in replacing directors?:Executives: 48% said individual director assessments are not performedDirectors: 34% personal relationships between board membersTop 3 areas of expertise they want added to their boards: 1) international, AI and Gen AI, Environmental/SustainabilityExecutives want more board time spent on: ESG, talent management, AI and GenAITexas Enacts New Law to Regulate Proxy Advisory FirmsSB 2337 aims to limit proxy advice based on "nonfinancial" factors such as ESG and DEI and requires proxy advisors to provide a "specific financial analysis" for any recommendation in opposition to management's position.Hormel Foods Announces Elevation of John Ghingo to President; Jeffrey M. Ettinger to Serve as Interim Chief Executive Officerwill return to the company for a defined period of 15 months as interim chief executive officer(1) base salary of $1,200,000 per year; (2) annual target award equal to $2,000,000 (prorated for partial fiscal years); (3) a one-time equity grant of $7,200,000, approximately 75% of which shall consist of a stock option award and 25% of which shall consist of time-based restricted stock units; (4) standard executive benefit and health and welfare plan participation; and (5) four weeks of paid vacation for the remainder of 2025, and six weeks of paid vacation for the period of January 1, 2026 through October 26, 2026.Netflix Rejects Jay Hoag's Resignation, Adds New Board Member“Mr. Hoag's continued service as a member of the Board is in the best interests of the Company and its stockholders,” the filing states.79% said NOStarbucks Elects Dambisa Moyo and Marissa Mayer to its Board of DirectorsMoyo is on the boards of Chevron Corporation and Condé Nast and previously served on the boards of SABMiller, Barclays Bank, 3M, and Seagate Technologies. Mayer previously served as CEO and a director on the board of Yahoo!. Mayer currently serves on the boards of Walmart, AT&T, and Hilton Hotels & Resorts. She has also served on the board of Nextdoor.SEC bans CEOs from becoming chairmen without 3-year breakThe Securities and Exchange Commission has issued a new directive prohibiting Chief Executive Officers and Executive Directors from immediately assuming the position of Board Chairman within the same company or group after leaving office. A mandatory three-year “cool off period” has been introduced before such transitions can take place.NigeriaZuckerberg's Employees Have a Wild New Nickname for HimFaced with the return of Donald Trump to the Oval Office, Zuckerberg conveniently molted out of his pseudo-progressive skin and into a darling of the manosphere. He's since appeared on shows like Joe Rogan to complain that US business culture needs to "regrow its manhood," because American capitalism is "culturally neutered.""MAGA Mark"Mark Zuckerberg announces creation of Meta Superintelligence Labs Zohran Mamdani's victory in NYC mayoral primary leaves Wall Street ‘alarmed' and ‘depressed'Bill Ackman pledges to bankroll any NYC mayoral candidate capable of defeating Zohran MamdaniAI is doing up to 50% of the work at Salesforce, CEO Marc Benioff saysUber in Talks With Its Founder, Travis Kalanick, to Fund Self-Driving Car DealUber is in talks with former CEO Travis Kalanick to help fund his prospective bid for the U.S. subsidiary of Chinese self-driving car company Pony.aiTyson workers authorize strike at Texas plant over CEO pay, labor practicesAl Brito, the president of Local 577, said the strike is in part a response to the Tyson CEO's pay: “We are bargaining with one of the most repulsively greedy and amoral corporations in the entire country. Last year, Tyson's CEO made 525 times that of the median worker.”Ford recalls over 130,000 Lincoln Aviators due to risk of parts detaching while driving

WAR! (or is it?) Tesla Robotaxi Update Japan's rice problem Drink up! New guidelines coming... PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter    Warm-Up - WAR! (or is it?) - Tesla Robotaxi Update - Japan's rice problem - Drink up! New guidelines coming... Markets - Not phased by Iranian attack - (well planned attack for markets - timing, newsflow and narrative of "successful mission") - A ceasefire now - quick wars! - P/E forward nearing 22 - Leading indicators - dropping - VERY Resilient overall - dips are for buying - NASDAQ 100 closing in on all-time highs - triple top Dropping the F Bomb - 7am CNBC - " Two counties that have been that have been fighting so long and so hard that they do not know what the "F***ck" they are doing" Oil - Drops from high of $78 to $66 - Iran bombing news spikes the price on Sunday night - and then....free fall.... Tesla - Everyone is a flutter about the RoboTaxi test in Austin - Stock moved up 10% on the news Monday -- Everyone knows it is a long haul - but the hope and the promise is something that investors live on - Tesla Robotaxis spotted speeding, making improper turns on first day of service, according to Bloomberg HAMMER - Defense Secretary Pete Hegseth, alongside Chairman of the Joint Chiefs General Dan Caine, in a news conference Sunday, reviewed operational details of Saturday's “Operation Midnight Hammer,” the well-concealed strikes against nuclear development facilities in Iran that both men called an “incredible and overwhelming success.” - “We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan,” President Donald Trump said Saturday. - Bunker Buster Bombs - lots of them - Was it a success? -- Monday: Iran coordinated the attacks on U.S. base in Qatar and gave officials advance warning to minimize casualties Interesting - Online job listing company CareerBuilder + Monster filed for Chapter 11 bankruptcy protection on Tuesday. Leading Indicators - A measure of future U.S. economic activity fell in May for the sixth straight month and triggered a recession signal, held down by consumer pessimism, weak new orders for manufactured goods, an uptick in jobless benefits claims and a drop in building permit applications. - The Conference Board's Leading Economic Index fell by 0.1% to 99.0 last month after a downwardly revised 1.4% drop in April, which was the largest decline in the index since the spring of 2020 at the start of the COVID-19 pandemic. The decline matched the consensus expectation among economists polled by Reuters. - "With the substantial negatively revised drop in April and the further downtick in May, the six-month growth rate of the Index has become more negative, triggering the recession signal," she said. "The Conference Board does not anticipate recession, but we do expect a significant slowdown in economic growth in 2025 compared to 2024, with real GDP growing at 1.6% this year and persistent tariff effects potentially leading to further deceleration in 2026." Global Rates and Central Banks - Update World Rates Japan's Rice Problem - Rice prices in Japan more than doubled in May, spiking 101.7% year over year and marking their largest increase in over half a century. - The huge spike follows a 98.4% increase in April, and a rise of 92.1% year over year in March. - Japan's rice prices have been in the spotlight in recent times, with the government releasing emergency stockpiles to moderate the price of the country's staple food. - The surge in rice prices comes as Japan's core inflation rate climbed to 3.7% in May, marking its highest level since January 2023.

Federal Reserve Chairman, Jerome Powell gave his semi-annual report to Congress; Kevin talks about his testimony and offers his insights and opinion. The Conference Board issued their Consumer Confidence Index; Kevin digs into the details, puts the data into perspective, offers his insights and opinion. The Case-Shiller National Home Price Index was released yesterday; Kevin takes a look at the data and offers his insights. Kevin discusses our interest rates from the Central Bank versus other countries around the world. Oil and gas prices react to President Trump accusing Israel and Iran of violating the ceasefire, analysts seeing less risk to Middle-East crude oil supplies, President Trump easing sanctions on Iran's oil sales and increasing crude oil production from certain OPEC+ countries. 

The Conference Board's consumer confidence index dropped in June. That's after a brief reprive in May from a monthslong downward slide. Uncertainty surrounding the job market, tariffs, that GOP tax bill, trouble in the Middle East — what's not to be glum about? In this episode, we explain what could shift the mood. Plus: Soon-to-be college grads in China prepare for an unwelcoming job market, oil shipping prices grow even as oil prices fall, and Congress considers a new way to regulate crypto.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Our Thematics and U.S. Economics analysts Michelle Weaver and Arunima Sinha discuss how American consumers are planning to spend as they consider tariffs, inflation and potential new tax policies. Read more insights from Morgan Stanley.----- Transcript -----Michelle Weaver: Welcome to Thoughts on the Market. I'm Michelle Weaver, U.S. Thematic and Equity strategist.Arunima Sinha: And I'm Arunima Sinha from the Global and U.S. Economics Teams.Michelle Weaver: Today – an encouraging update on the U.S. consumer.It's Tuesday, June 3rd at 10am in New York.Arunima, the last couple of months have been challenging not only for global markets, but also for everyday people and for individual households; and we heard pretty mixed information on the consumer throughout earning season. Quite a few different companies highlighted consumers being more choiceful, being more value oriented. All this to say is we're getting a little bit of a mixed message.In your opinion, how healthy is the U.S. consumer right now?Arunima Sinha: So, Michelle, I'm glad we're starting with the sort of up upbeat part of the consumer. The macro data on the consumer has been holding up pretty well so far. In the first quarter of [20]25, consumer spending has actually been running at a similar pace as the first quarter of [20]24. Nominal consumption spending grew 5.5 percent on a year-on-year basis. Goods were up almost 4 percent. Services were up more than 6 percent.So, all of that was good. What our takeaway was that we had a lot of strength in good spending, and that did probably reflect some of the pull forward on the back of tariff news. But that pace of growth suggests that there is an aggregate consumer. They have healthy balance sheets, and they're willing to spend.And then what's driving that consumption growth from our point of view. We think that labor market compensation has been running at a pretty steady pace so far. So more than 5.5 percent quarterly analyzed. PCE inflation has been running at just over 3 percent. And so even though equity markets did see some greater volatility, they didn't seem to impact the consumer at least in the first quarter of data. And so, we've had that consumer in a pretty good shape.But with all of this in the background, we know, tariffs have been in the news, and tariff fears have weighed heavily on consumer sentiment. But then tariff headlines have also become more positive lately, and consumers might be feeling more optimistic. What's your data showing?Michelle Weaver: So that really depends on what data you're looking at. We saw a pretty big rebound in consumer sentiment if you look at the Conference Board survey. But then we saw flat sentiment, when you look at the University of Michigan survey. These two surveys have some different questions in them, different subcomponents.But my favorite way to track consumer sentiment is our own proprietary consumer survey, which did show a pretty big pickup in sentiment towards the economy last month. And we saw sentiment rebound significantly for both conservatives and liberals.So, this wasn't just a matter of one political party, you know, having a change of opinion. Both sides did see an improvement in sentiment. Although consumer sentiment for conservatives improved off a much higher base. The percent of people reporting being very concerned about tariffs also fell this month. We saw that move from 43 percent to 38 percent after the reduction in tariffs on China. So, people are, you know, concerned a little bit less there. And that's been a really big thing people are watching.Arunima Sinha: Feeling better about the news is great. Are they actually planning to spend more?Michelle Weaver: So encouragingly we did also see a big rebound in consumers short term spending outlooks in the survey. 33 percent of consumers expect to spend more next month and 17 percent expect to spend less.So that gives us a net of positive 16 percent. This is in line with the five-year average level we saw there, and up really substantially from last month's reading of 5 percent. So, 5 percent to 16 percent. That's a pretty big improvement.We also saw spending plans rise across all income groups. though we did see the biggest pickup for higher income consumers and that figure moved from 12 percent to 31 percent. Additionally, we saw longer term spending plans – so what people are planning to spend over the next six months – also improve across all the categories we look at.Arunima Sinha: And were there any specific changes about how the consumers were responding to the tariff headlines?Michelle Weaver: Yeah, so people reported pulling forward some purchases, due to fear of tariff driven price increases. So, people were planning for this, similarly to what we saw with companies. They were doing a little bit of stockpiling. Consumers were doing this as well. So, our survey showed that over half of people said they accelerated some purchases over the past month to try and get ahead of potential tariff related price increases.And this did skew higher among upper income consumers. The categories that people cited at the top of the list for pull forward are non-perishable groceries, household items. So, both of those things you need in your day-to-day life. And then clothing and apparel as well, which I thought was interesting. But that's been one thing that's been in the news a lot that's heavily manufactured overseas.So, people were thinking about that. And this does align overall with our March survey data, where we asked what categories people were most concerned about seeing price increases. So, their behavior did line up with what they were concerned about in March.Arunima, your turn on tariffs now. The reason tariffs have been on consumer's minds is because of what they might mean for price levels and inflation. Throughout earning season, we heard a lot of companies talking about raising prices to offset the cost of tariffs. What has this looked like from an economist's perspective? Has this actually started to show up in the inflation data yet?Arunima Sinha: So not quite yet, and that's something that, as you might expect, we're tracking very, very closely. So, one of the things that our team did was to think about which types of goods or services were going to be impacted by inflation. And so, we think that that first order effects are going to be on goods. And we think that the effects could start to show up in the May data, but we really see that sequential pace of inflation starting to step up starting June. And then in our third quarter inflation estimate, we see that number peaking for the year. So, in the third quarter, we think that core PCE inflation number is going to be about 4.5 percent Q1-Q analyzed.Michelle Weaver: And then aside from tariffs and inflation, how are people going to be affected by a fiscal policy, specifically the tax bill that just passed the house?Arunima Sinha: So, the house version of the bill has government spending reductions that can be quite regressive for different cohorts of the consumer. So, we have, reductions around the Medicaid program, cuts to the SNAP program as well as possible elimination of the income driven loans repayment plans. So, all of these would have a pretty adverse impact on the lower income and the middle-income consumers.This could be – but will likely not be fully offset by the removal of taxes, on tips and overtime. And then on the other side, the higher income consumers could benefit from some of that increase in SALT caps. But overall, the jury is still out on how the aggregate consumer will be affected.Michelle Weaver: So, taking this all into account, the effects of fiscal policy, of tariff policy, of labor market income – what's your overall outlook on U.S. consumption for the rest of the year?Arunima Sinha: So, we recently published our mid-year outlook for U.S. economics and our forecast for consumption spending over 2025 and [20]26 does see the consumer slowing. And this is really due to three factors. The first is on the back of those greater tariffs and the uncertainty around them and the fact that we have slowing net immigration, we're going to be expecting a slowdown in the labor market. As the pace of hiring slows, you have a slower growth in labor market income. And that really is the main driver of aggregate consumption spending. And then as we talked about, we are expecting that pass through of higher tariffs into inflation, and that's going to impact real spending. And then finally the uncertainty around tariffs, the volatilities and equity markets could weigh on consumer spending; and may actually push the upper income cohorts, the big drivers of consumption spending in the economy, to have higher precautionary savings.And so, with all of that, we see our nominal consumption spending growth slowing down to about 3.9 percent by the end of this year.Michelle Weaver: Well a little unfortunate to wrap up on a more negative note, but we are seeing, you know, mixed messages – and some more positive data in the near term, at least. Arunima, thank you for taking the time to talk.Arunima Sinha: Thanks so much for having me, Michelle.Michelle Weaver: And thank you for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen to the show and share the podcast with a friend or colleague today.

The Conference Board's latest consumer confidence index notched its highest monthly increase in four years. To be clear, it was coming off a five-year low in April, but the jump still represents cooling trade war anxieties among American consumers. Also in this episode: The U.S. isn't the only country experiencing rising bond yields, durable goods orders fell in April and first-time home owners in Houston are saddled with climate-related cost burdens.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future. 

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture The EU countries are realizing that they were headed down the the wrong path in regards to green energy, now they are reversing course. EU has now bent a knee to Trump and they will negotiate a trade deal. Countries around the world are making trade deals. Consumer sentiment is now rising and the window is now closing for the [DS]/[CB]. The [DS] is panicking because everyday that passes they lose more and more control. They have lost the funding, security clearances, the intelligence orgs and now the FBI has begun their investigation into the pipe bomber, SC leak and cocaine in the WH. Think logically, elections, judges and who was managing the WH. Pain. Majority of Americans say the US is on the right track.   Economy Energy Costs Now ‘Main Issue' For US Ally That Barred Nuclear Power Italian Prime Minister Giorgia Meloni said high energy costs are the most critical economic issue for her country  Italy has embraced green energy and enacted a ban on nuclear power that has lasted nearly 40 years, though the nation's Council of Ministers and Meloni have recently moved to reintroduce the technology, joining other European countries like Belgium, Denmark and Germany that are also reconsidering their turns away from nuclear power. Emanuele Orsini — the head of Italy's largest business lobby — called for Meloni to cut energy costs and pave the way for a return to nuclear energy at the annual assembly for Confindustria, where Meloni again acknowledged her country's energy problems, Reuters reported. “Our companies continue to suffer from an energy (price) surcharge of more than 35% over the European average, even reaching peaks of 80% when compared to the largest European countries,” Orsini said at the assembly, according to Reuters. Meloni has expressed support for expanding nuclear energy in Italy, as have other officials, including the Minister of Environment and Energy Security Gilberto Pichetto Fratin. Source: dailycaller.com   Trade with the United States of America. They will BOTH be very happy, and successful, if they do!!! (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");  US Consumers Now More Optimistic, Ending 5 Straight Months Of Decline In Confidence Index U.S. consumer confidence bounced back in May ending five straight months of decline and beating economists' expectations. The Consumer Confidence Index increased by 12.3 points in May to 98.0, up from 85.7 in April, according to a report released Tuesday by The Conference Board. This notably marked the first increase in consumer confidence in five months. The Conference Board's Present Situation Index, which is based on consumers' outlook on current business and job market conditions, increased 4.8 points in May to 135.9. Meanwhile, the Expectations Index, which is based on consumers' short-term outlook for income, business and job market conditions, jumped 17.4 points to 72.8 in the same month. Source: dailycaller.com  Political/Rights Star Harvard Business Professor Who Studied Honesty Pays a Historic Price for a Faculty Member at School After Falsifying Her Findings on Multiple Studies   As The New York Post reported, Francesca Gino,

The Conference Board's latest consumer confidence index notched its highest monthly increase in four years. To be clear, it was coming off a five-year low in April, but the jump still represents cooling trade war anxieties among American consumers. Also in this episode: The U.S. isn't the only country experiencing rising bond yields, durable goods orders fell in April and first-time home owners in Houston are saddled with climate-related cost burdens.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future. 

The Conference Board's consumer confidence index dropped in June. That's after a brief reprive in May from a monthslong downward slide. Uncertainty surrounding the job market, tariffs, that GOP tax bill, trouble in the Middle East — what's not to be glum about? In this episode, we explain what could shift the mood. Plus: Soon-to-be college grads in China prepare for an unwelcoming job market, oil shipping prices grow even as oil prices fall, and Congress considers a new way to regulate crypto.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.