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Bumper to Bumper with Dan Barreiro!See omnystudio.com/listener for privacy information.
Bumper to Bumper with Dan Barreiro!See omnystudio.com/listener for privacy information.
In this episode of JacquesTalk we discuss Dante Moore's decision to stay at Oregon. Then we rank the HC positions available in the NFL. Finally, I tell you how my feud with Massage Envy ended
This week we're lollygagging around a rapid fire covering a range of topics, Stranger Things, NFL job openings, MLB Free Agency, what Rob Manfred's retirement tour would look like, and more! Do you have any questions or comments about Lollygagging Sports? Reach out to us on Bluesky: Bo Reed (@boreed009.bsky.social), Samantha Bunten (@samanthabunten.bsky.social), Lollygagging Sports (@lollygaggingpod.bsky.social). And on Twitter/X: Samantha Bunten (@samanthabunten), Matthew Irby (@IrbyStatMan), Lollygagging Sports (@LollygaggingPod).
January 8, 2026: In today's episode of Future Ready Today, I break down the most important future-of-work stories shaping how work is actually changing right now. I look at new research showing workers rank AI as one of the top forces shaping their workplace — even as pay and work-life balance remain their biggest concerns. I examine why Amazon is tightening its performance review process and asking employees to clearly articulate what they accomplished, and what that says about accountability making a quiet comeback at work. I also dig into new labor data showing more Americans are working multiple jobs than at any time since 1999, what LinkedIn's latest talent research reveals about a growing confidence gap in the workforce, and why falling job openings matter more than the headlines suggest. Taken together, these stories paint a picture of a labor market where expectations are rising, pressure is increasing, and work is becoming less forgiving — even as many workers feel less prepared to navigate what comes next.
Kevin covers the following stories: ADP reported December Private Sector Job Creation data; percentage of jobs in small, medium and large companies; U.S. Bureaus of Labor Statistics reported Job Openings and Labor Turnover; Transport stocks react to the level of economic optimism; oil and gas prices react to the events in Venezuela and other geopolitical events and comparisons to this time last year; Kevin has the details, digs into the numbers, puts the data into historical perspective and offers his insights and opinions.
Kevin covers the following stories: ADP reported December Private Sector Job Creation data; percentage of jobs in small, medium and large companies; U.S. Bureaus of Labor Statistics reported Job Openings and Labor Turnover; Transport stocks react to the level of economic optimism; oil and gas prices react to the events in Venezuela and other geopolitical events and comparisons to this time last year; Kevin has the details, digs into the numbers, puts the data into historical perspective and offers his insights and opinions. See omnystudio.com/listener for privacy information.
AP correspondent Donna Warder reports on the latest job opening figures in the U.S.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Hutt and Chad break down the best available jobs in the NFL and the best bet/dark horse for every open job. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this episode of The Career Report, Tim and Kristina Madden break down the latest shifts in the job market and why right now is one of the strongest moments we've seen in months for high-level candidates. With job openings hitting new highs, companies are actively moving to secure talent before the new year... creating more interviews, faster timelines, and wider opportunities for Directors, VPs, and Executives who stay engaged.Tim and Kristina unpack what's driving this surge, which industries are accelerating, and how you can position yourself to stand out while the market is moving in your favor. If you've been thinking about starting or restarting your search, this episode makes it clear: now is the time to take action.
Futures trading shows 90% odds of a Fed rate cut tomorrow. Yields rose again Monday, a possible headwind for stocks, while job openings data arrive after the open today.Important DisclosuresThis material is intended for general informational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Past performance is no guarantee of future results.Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries.Google Podcasts and the Google Podcasts logo are trademarks of Google LLC.Spotify and the Spotify logo are registered trademarks of Spotify AB.(0131-1225) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
This week features a Fed meeting, Broadcom and Oracle results, and job openings data. Yields rose sharply last week, raising concerns. Major indexes approached record highs Friday.Important DisclosuresThis material is intended for general informational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Past performance is no guarantee of future results.Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries.Google Podcasts and the Google Podcasts logo are trademarks of Google LLC.Spotify and the Spotify logo are registered trademarks of Spotify AB.(0131-1225) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Artie Intel and Micheline Learning report on Artificial Intelligence for the AI Report, AI news anchors delivering the juiciest breakthroughs and biggest controversies in AI. This week, President Donald Trump demanded a nationwide crackdown on state AI laws, Russia and Saudi Arabia launch AI power plays, and the U.S. military installs a Chief AI Officer. Plus, Londoners are floored by a massive mural painted by, who else? AI - a creative algorithm, while Affirm’s CEO predicts AI will know your shopping list before you do. And don’t blink: new tools are rewriting the rules of creativity, science, security, and more, all before humans can even ask, “Are we obsolete yet?” There are over 3 million Job Openings on LinkedIn. Start applying now! The world of work has changed. Take the first step... at LinkedIn.com.
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On this week's Sports Stove Football Show, Vince and Dale Stover break down their top NFL picks for Week 9, discuss key college football job openings—including the drama at LSU—and share their predictions for Saturday's NCAA showdowns. Plus, hear which coaching changes could shake up the season, our thoughts on the NFL trade deadline, and how Tyler Shuck's first start in New Orleans might play out. Dive in for survivor picks, fantasy football updates, and all the headlines you need for a huge football weekend!
(Fremont County, WY) - The folks from Community Entry Services (CES) of Riverton and Lander stopped in again to discuss a variety of things going on. We chat with Michelle Luoma, Shawn Griffin and Joe Stong on the County 10 Podcast about job openings within CES and their upcoming Festival of Trees event! For more information on Community Entry Services, click here. You can hear the entire chat in the player below or searching for the County 10 Podcast anywhere you listen to podcasts!
Ranking college football job openings.
Chris Williams & Brent Blum react to all of the big news from college football coach firings this weekend and how it could impact Iowa State. Jake Brend stops in to break down what he saw from the men's basketball team in its scrimmage at Creighton. We guess the point spreads, talk about the Big 12 football title game picture and more, courtesy of Mechdyne. Learn more about your ad choices. Visit megaphone.fm/adchoices
Chris Low on 3HL - More Job Openings Pop Up in College FootballSee omnystudio.com/listener for privacy information.
Before the government shutdown, the Bureau of Labor Statistics "Job Openings and Labor Turnover" report showed there 5.5% fewer open jobs last month than there was a year ago. Associate Professor of Economics at U of A, Evan Taylor, joined the show to explain why the job market looks the way it does and what's to expect in the third quarter.
Speakers:Brian Pietrangelo, Managing Director of Investment StrategyGeorge Mateyo, Chief Investment OfficerRajeev Sharma, Head of Fixed Income 00:54 – We review the key economic data and market activity from the past week, including the Job Openings and Labor Turnover Survey (JOLTS) report, the September ADP National Employment Report showing a significant decline in private sector employment, and the Institute for Supply Management (ISM) manufacturing and services PMI reports.02:45 – The current government shutdown prevented the release of data on weekly initial unemployment claims as well as reports from the Bureau of Labor Statistics around new nonfarm payrolls and the unemployment rate.03:23 – One side effect of the shutdown is that the integrity of the data that we did receive may be less reliable. However, the overall labor market is in a "low firing, low hiring" environment, with pockets of strength in consumer spending and AI infrastructure investment.05:36 – We discuss the history of government shutdowns and how the lengthier examples in recent years may be due to increasing partisanship, and what short- and long-term effects a shutdown may have on the labor force, the markets and the economy.09:39 – Treasuries rallied as investors sought safe-haven assets after the shutdown took effect. Attention then turned to the Fed to see whether their recently begun rate-cutting campaign will continue, as is expected at the Federal Open Market Committee meeting later this month.14:43 – Despite a year of atypical trends and behavior, this shutdown is expected to go as most past shutdowns have: volatility might jostle the equities and bond markets in the short term, but after the shutdown ends and the temperature goes back down, the markets tend to rebound and resolve at higher levels than prior to the shutdown. Additional ResourcesRead: Key Questions: How Does AI Impact Corporate Companies and Fixed-Income Investors? Key Questions | Key Private BankSubscribe to our Key Wealth Insights newsletterWeekly Investment BriefFollow us on LinkedIn
This week’s briefing covers a softer labor market, declining Treasury yields, and why the Fed is widely expected to cut rates on September 17. We dig into what fewer job openings could mean for growth, how lower borrowing costs may affect mortgages and corporate activity, and where crude oil might find support after recent weakness. We also preview next week’s CPI and PPI releases, discuss why inflation remains above the Fed’s 2% target, and outline positioning ideas for a volatile September–October stretch. Plus, sectors we currently favor—financials and health care—and a reminder to use pullbacks to rebalance toward quality. You can send your questions to questions@pyaradio.com for a chance to be answered on air. Catch up on past episodes: http://pyaradio.com Liberty Group website: https://libertygroupllc.com/ Attend an event: www.pyaevents.com Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/ See omnystudio.com/listener for privacy information.
This week’s briefing covers a softer labor market, declining Treasury yields, and why the Fed is widely expected to cut rates on September 17. We dig into what fewer job openings could mean for growth, how lower borrowing costs may affect mortgages and corporate activity, and where crude oil might find support after recent weakness. We also preview next week’s CPI and PPI releases, discuss why inflation remains above the Fed’s 2% target, and outline positioning ideas for a volatile September–October stretch. Plus, sectors we currently favor—financials and health care—and a reminder to use pullbacks to rebalance toward quality. You can send your questions to questions@pyaradio.com for a chance to be answered on air. Catch up on past episodes: http://pyaradio.com Liberty Group website: https://libertygroupllc.com/ Attend an event: www.pyaevents.com Schedule a complimentary 15-minute consultation: https://calendly.com/libertygroupllc/scheduleacall/ See omnystudio.com/listener for privacy information.
You don't always need to pick the hot technology stocks to get great returns Investing is very emotional and it's always nice to be part of the crowd and buy the hot stocks like Apple, Alphabet and Amazon, but they are not always the top performers. Sometimes your boring, undervalued companies can do very well. As an example, Apple over the years has performed nicely, but over the last five years the gain was 114%. Not a bad return, but if you held a boring company like Tractor Supply over the same five years, you would have a gain of 119%. Even an old insurance company like Allstate over the last five years was up 115%. Five years ago, if you saw the value in a company called Tapestry, which owns Coach and Kate Spade, your return was over 545%. Apple's not the only big tech company that was surpassed by these boring companies. If you look at Amazon over the last five years, you'll see a return of only 49%. One other area that is often discounted is that many of your boring companies are also paying dividends and generating cash flow that can be used to purchase other equities on sale. You may be thinking Apple does pay at dividend but it's important to note the yield is only 0.45%. Sometimes being boring is good and not being so concentrated in the hot stocks can pay off in the long run. I especially think this will be the case as we look out over the next 5-10 years! Another weak job report likely solidifies a Fed rate cut August non-farm payrolls increased by just 22,000, which was well below the estimate of 75,000. This weak report also comes with another month of negative revisions as employment in June and July combined is 21,000 lower than previously reported. Healthcare and social assistance continued to lift the headline number as the sectors added 31k and 16k jobs respectively. Many other areas in the report actually saw declines with payrolls in construction falling 7,000, manufacturing declining 12,000, and professional and business services dropping 17,000. Government also saw a decline of 16,000 jobs and I worry this is a ticking time bomb since employees on paid leave or receiving ongoing severance pay are counted as employed in the establishment survey and those that opted to take the government's offer at the beginning of the year will start coming off severance pay as the deal lasted through September. The most recent data I saw was that 75,000 federal employees took the offer, but not all were accepted into the program. I guess we will see the actual data and its impact over the next couple of months. With the weakness, I was surprised to see leisure and hospitality produce a gain of 28,000 jobs in the month. While much of this sounds concerning, the unemployment rate held relatively steady at 4.3% and that doesn't incorporate the fact that 1.9 million or 25.7% of all unemployed people were jobless for 27 weeks or more. My belief is that many of those that have been unemployed that long are skewing the data as I can't imagine they have been looking for a job that hard. With the unemployment rate low and deportations potentially weighing on the supply of workers, I just don't see how it would be possible to maintain strong job growth given the limited supply. Because of this I still don't remain overly concerned by the weak showing. Even with my lack of concern, this will likely lead to a Fed rate cut this month with markets now essentially putting odds for a 25-basis point cut at 100% and even a 50-basis point cut is now on the table with markets putting those odds at 12% after the job print. That's up from a zero percent chance on Thursday. Should you panic over the job opening data? The Job Openings and Labor Turnover Survey showed job openings fell to 7.18 million in the month of July. This was below the estimate of 7.4 million and also marked the lowest reading since September 2024. It was only the second time since the end of 2020 that job openings came in below 7.2 million. While this may sound troubling, I believe it just illustrates how crazy the labor market got after Covid. If we look at job openings before 2020, nearly 7.2 million openings would have been a great number. In 2016, job openings averaged 5.86 million; in 2017, job openings averaged 6.12 million; in 2018, job openings averaged 7.11 million; and in 2019, job openings averaged 7.15 million. So, while the headline may sound troubling, I still believe we could have job openings fall into the low 6 million range and it wouldn't be problematic, especially given the fact that unemployment remains extremely low. Even with that, I do believe the Fed will use this as further evidence of a softening labor market and that will give them the excuse to cut rates at the meeting this month. I'm still not convinced that is the right move, but we did hear from Fed Governor Christopher Waller, who is supposedly on the short list to replace Powell as Fed chair, that he believes there should be multiple cuts over the next few months, saying interest rates today are perhaps 1.0 to 1.5 percentage points above their “neutral” level. American luxury brands are destroying Europe's luxury brands It appears that European luxury brands like Gucci, Hermes and LVMH have increased their prices beyond what the average consumer is willing to pay. Currently, American consumers are spending the lowest share of discretionary income on luxury goods since 2019. The European luxury brands seem to have their heads in the clouds thinking American consumers would pay any price for a luxury purse from Europe. I think they have now discovered that the American consumer has reached their limit. Two luxury American brands have benefited from the ignorance of the European luxury brands. Both Ralph Lauren and Tapestry, which owns Coach and Kate Spade, have seen their sales increase. A chart of these luxury brands stocks shows European brands dropping while American brands have been increasing. One may be thinking now is the time to step in and buy Tapestry or Ralph Lauren, but with the recent stock increase they are no longer a great value as Ralph Lauren trades at over 20 times forward earnings and Tapestry is now over 19 times forward earnings. I would take a different side of the coin as I believe investors should understand that the European luxury brands will likely not just sit on their hands and do nothing and they will likely try and win back market share. With the increase in prices over the years I'm sure the profit margins are very fat, and they may have a good amount of space to do some heavy discounts to get their market share back. Both Tapestry and Ralph Lauren are dealing with the current tariff situation and that could hurt their profit margins going forward as well. On a side note, in years past we have warned people paying the high prices for European purses that they would not appreciate as much if at all. I have not researched it, but I feel pretty confident that if sales are down as much as they are, the resale on those expensive purses has probably dropped as well. Financial Planning: Mortgage rates reach 2025 low Mortgage rates have fallen to their lowest level of the year, reaching levels not seen since last October. Throughout 2025, 30-year mortgage rates have fluctuated between 6.5% and 7%, and as of Friday, September 5, they dipped as low as 6.29%. While this presents an opportunity for buyers and homeowners considering a refinance, caution is warranted. Rates are still likely to experience volatility even as the broader declining trend continues over the next several years. In 2024, mortgage rates actually rose at year-end despite the Federal Reserve implementing three rate cuts. In 2025, it is widely expected that the Fed will cut again in September, with additional cuts likely by year-end. This current window of lower rates may be worth taking advantage of, but paying upfront points may not be wise just yet, as there will likely be future opportunities to capture even lower rates. Companies Discussed: The Kraft Heinz Company (KHC), Best Buy Co., Inc. (BBY), Snowflake Inc. (SNOW) & Alphabet Inc. (GOOGL)
The United States is seeing more of the unemployed than job openings for the first time since 2021. Greg and Holly speak with Senior Economist with Zions Bank, Robert Spendlove, about what this means for the job market.
Plus: Macy's lifts its full-year outlook after same-store sales grew in the second quarter. And American Bitcoin, a company backed by President Trump's two eldest sons, is set to debut on the Nasdaq today. Alex Ossola hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices
Though today's focus could be on job openings data early and Salesforce results late, tariff-related uncertainty remains a factor and markets stumbled out of the gate this week.Important DisclosuresThis material is intended for general informational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Past performance is no guarantee of future results.Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries.Google Podcasts and the Google Podcasts logo are trademarks of Google LLC.Spotify and the Spotify logo are registered trademarks of Spotify AB.(0130-0925)
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger.
Taylor Swift just shook up the podcasting world…again. While Marc is away at Camp Footprint serving as a counselor, DR and the crew take the wheel to unpack Swift's surprise reveal of The Life of a Showgirl on Travis Kelce's New Heights podcast, the surge in engagement it sparked, and what it means for the Kelce brand. We also look at a new study showing most listeners only make time for three podcasts each week and how creators can earn a place in that lineup. Then, we break down AUSHA's newly opened PSO control panel, now giving indie podcasters access to tools once reserved for big networks. To wrap things up, we explore the legal risks of selective editing and share our own stories about when cutting content crosses the line.Episode Highlights: [02:19] Daily Habits for Podcasters[05:28] Taylor Swift's Surprise Album Drop[10:35] Podcast Listening Habits Study[15:08] Job Openings in Podcasting[16:48] New PSO Tools for Podcasters[21:54] Legal Risks in Podcast Editing[35:41] Trust and Boundaries with Podcast GuestsLinks & Resources: Join The Empowered Podcasting Facebook Group:www.facebook.com/groups/empoweredpodcastingGet Your Tickets for The Empowered Podcasting Conference:www.empoweredpodcasting.comPodNews Job Listings:www.podnews.netSwift's 12th Album Surprise Announcement: https://bit.ly/414fJ6BHow Editing Can Create Legal Risks: https://bit.ly/4mfGHAzAusha's New Version Of PSO Panel: https://podnews.net/press-release/ausha-pso-openRemember to rate, follow, share, and review our podcast. Your support helps us grow and bring valuable content to our community.Join us LIVE every weekday morning at 7 am ET (US) on Clubhouse: https://www.clubhouse.com/house/empowered-podcasting-e6nlrk0wOr Join us on Chatter: https://preview.chattersocial.io/group/98a69881-f328-4eae-bf3c-9b0bb741481dLive on YouTube: https://youtube.com/@marcronickBrought to you by iRonickMedia.com Please note that some links may be affiliate links, which support the hosts of the PMC. Thank you!--- Send in your mailbag question at: https://www.podpage.com/pmc/contact/ or marc@ironickmedia.comWant to be a guest on The Podcasting Morning Chat? Send me a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1729879899384520035bad21b
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger.
✅ THE CAREER ADVANCEMENT TOOLKIT FLASH OFFER
Former NHLer tough guy is cleaning up golf one course at a time, Gavin McKenna heading to college hockey and Postmedia's Rob Longley on the Blue Jays being the hottest team in baseball.
The June jobs number looks stronger than it really is I want to be clear; I wouldn't say this was a bad report, but the headline number that showed an addition of 147,000 jobs in the month of June doesn't show the full picture. The number did come in well above the estimate for 110,000 jobs and it follows upward revisions in the months of April and May that have totaled 16,000 jobs, but the concerning part I saw was government accounted for 73,000 new jobs in the month of June. This did not come from the federal government as that actually saw a decline of 7,000 jobs, but rather it was state and local governments which added a combined 80,000 jobs in the month, most of which came from education. The speculation is that this had something to do with seasonal adjustments and that obviously gains of that magnitude will not continue moving forward. Other areas that were strong included healthcare and social assistance, which was up 58,600, leisure and hospitality, which was up 20,000, and construction, which was up 15,000. Many of the other areas in the report were quite muted and manufacturing and professional and business services actually saw a decline of 7,000 jobs each in the month. There was good news on the unemployment rate as it ticked down to 4.1%, which was the lowest level since February and came in below the expectation for 4.3%. Unfortunately, this largely came due to the decline in the labor force participation rate, which dropped to 62.3%. This was the lowest level since late 2022. The problem here is the working age population continues to shrink, while the retirement population continues to grow. In fact the prime working age participation rate was recently near a record high of 83%. A potential problem to future job growth is the fact that we are running low on workers in their prime. This report largely erased any chance of a Fed rate cut in July, but I would say there was more positive news on the inflation front as average hourly earnings saw a manageable year over year increase of 3.7%. As I said, this wasn't a bad report and in fact I would say it continues to show that the labor market is in a good spot for the most part, but it definitely wasn't an overly strong report in my opinion. Job openings remain strong The Job Openings and Labor Turnover Survey, also known as the JOLTs report, showed job openings rose 374,000 in the month of May to 7.769 million. This easily topped the estimate of 7.3 million and it also comes during a month where layoffs declined 188,000 to 1.601 million. While this is positive for the economy and shows the labor market remains resilient, it does hurt the chances of a July cut from the Federal Reserve. Fed chair Powell during a panel said, ““In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.” With the labor market staying strong and many Fed members likely waiting for more data on how tariffs are impacting inflation, I would be surprised to see a cut in July. Although there have been a couple members saying a cut in July is possible, I still believe it would come as a surprise as many other members have expressed their desire to remain patient. I can see the case for a July cut, but I believe it is more likely we will see one in a couple months at the next meeting in September, if inflation remains in check. Why did Apple produce the new movie F1? Apple is obviously known for the iPhone, the iPad and the Mac, but a top producer of mega hit movies, not so much. Since 2019 they have tried to produce big hit movies like Killers of the Flower Moon in 2023 that starred Leonardo DiCaprio and Robert DeNiro, but the world box office receipts were only $159 million. Another hit movie they tried for that ended up as their top movie in 2023 was Napoleon with $221 million in box office receipts. So why did Apple agree to spend almost $250 million more to produce F1, which stars Brad Pitt? No one seems to understand. Brad Pitt will be paid $20 million for this movie and will get a cut of the films revenue if it's a hit. It does have some chance for success since it was directed by Joe Kosinski and produced by Jerry Buckheimer, who were successful with Top Gun Maverick as that movie grossed $1.5billion in 2022. This past weekend F1 was the top box office hit with $55.6 million, but it appears to be struggling with the mass audience as most viewers were older men like myself who love cars and racing. I have not seen the movie yet but would like to soon. Apple seems to struggle in this space as it is spending billions of dollars annually but continues to lose on the development of hit movies. Apple TV+ only has roughly 27,000,000 subscribers and is known for subscribers canceling their subscription after watching a particular show or movie. Netflix has a 2% cancellation rate while Apple's is 6% in any given month. It's also interesting to note that the big movie production house Warner Brothers is responsible for distributing F1 and will receive a percentage of box office revenue that increases as ticket sales rise. There is some concern that in less than two weeks, Warner Brothers will be releasing their hit movie Superman and that could override the promotion of F1. If you want to see the movie F1 and you have Apple Pay you can get a discount on the tickets, which is something Apple has never done before. I won't make any judgments on the movie till I see it myself, but I don't see this boosting the lagging stock price of Apple and I do not understand why they're in the movie business. Don't be fooled by ultra-high-income ETF's I wouldn't think I would have to warn people that if you're being offered a yield of 100% or more on a fund, the risk has to be extremely high and there is probably a good chance for loss. However, with that said this year alone $6.4 billion of new money has been placed into these high-risk funds that I assume are unsuspecting buyers who don't really understand how these funds work. Regulatory filings show that at least 95% of these ETFs are held by individual investors or small financial advisors. The way they generate this high income is by trading options contracts on a single stock. It is misleading how they come up with those ultra-high yields of 100% plus as they take the ETF's payout from option trading in the most recent month then multiply it by 12 and divide it by the fund's net asset value. As an example, we can go back to November 2022 when a fund called the YieldMax TSLA Option Income Strategy ETF (TSLY) sold options on Tesla stock and promoted the yield was 62.8%. The fund has now dropped down to under $9 a share, roughly a 80% drop in the fund. This is somewhat surprising to most since during that timeframe Tesla stock is up around 70%. Sometimes people think just because there's income or a nice yield that the fund is safer, but investors should remember that in most cases, the higher the yield the higher the risk. Financial Planning: Pension lump sum vs monthly income? When deciding between taking a pension benefit as a lump sum or monthly payments, it's helpful to compare the guaranteed income stream to the return you'd need on the lump sum to generate the same income yourself. Monthly payments offer steady, reliable income for life, essentially acting like a personal pension annuity, but most pensions do not include inflation adjustments, meaning the purchasing power of those payments may decline over time. Additionally, choosing a joint life annuity to continue payments to a surviving spouse will offer a lower monthly amount compared to a single life annuity. Since Social Security income drops when the first spouse passes, a joint annuity is usually more appropriate than a single life annuity to help maintain household income for the surviving spouse. In contrast, rolling over the lump sum into a retirement account gives you full control and the potential for growth. It also provides flexibility to structure income in a tax-efficient way allowing you to manage taxable distributions around other income sources, perform Roth conversions, or plan for inheritances and legacy goals. To make an apples-to-apples comparison, it is helpful to calculate the internal rate of return (IRR) you'd need to earn on the lump sum to replicate the monthly pension payments over your expected lifetime. For example, if your lump sum is $500,000 and your pension offers $3,000/month for life, you'd need to earn a little over 5% on the lump sum to match that income. Keep in mind, the lump sum is also an income source and this return calculation can help clarify whether the guaranteed income or potential flexibility and growth better align with your overall financial plan. Companies Discussed: The Goldman Sachs Group, Inc. (GS), Robinhood Markets, Inc. (HOOD), Centene Corporation (CNC) & Columbia Sportswear Company (COLM)
On today's episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about Fed Chair Jerome Powell, job openings data and what new analysis from the FHFA says about the mortgage rate lockdown. Related to this episode: Home equity cushions homeowners against economic shocks HousingWire | YouTube More info about HousingWire Enjoy the episode! The HousingWire Daily podcast brings the full picture of the most compelling stories in the housing market reported across HousingWire. Each morning, listen to editor in chief Sarah Wheeler talk to leading industry voices and get a deeper look behind the scenes of the top mortgage and real estate stories. Hosted and produced by the HousingWire Content Studio. Learn more about your ad choices. Visit megaphone.fm/adchoices
Fresh jobs data top of the hour: Sara Eisen, David Faber, and Wilfred Frost broke down the latest on the heels of new commentary around rates from Fed Chair Powell, before J.P. Morgan Asset Management's Global Strategist joined the team at Post 9 with her bull and bear case for stocks. Plus: the latest from Washington as lawmakers continue to work on passing President Trump's tax and spending bill – and the feud between the President and Elon Musk reignites over government spending and EV credits. One auto expert arguing: Tesla's biggest risk isn't Musk – but China (hear why this hour). Also in focus: a number of individual movers on the day, including Astrazeneca on reports of a possible re-listing here in the U.S. – the team discussed the news, and talked top healthcare picks with an analyst from Mizuho; More on the catalyst that could push Financials to fresh all-time highs after the bell; And a deep-dive on the data that's driving big gains for shares of casinos with Macao exposure.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger.
The latest Atlanta Fed GDPNow growth estimate for the 2nd quarter has been released; Kevin has the details and offers his insights. Additionally, the Atlanta Fed further explained the reason for the negative growth in the 1st quarter and put it into perspective. The U.S. Commerce Department's Census Bureau reported new orders for manufactured goods: Kevin digs through the data, which sectors are up or down and offers his insights. The Institute for Supply Management's manufacturing index was released on Tuesday; Kevin discusses the data and puts the data into historic perspective. Also on Tuesday, the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey was released; Kevin discusses the data and the whether the job market is strengthening or weakening. Oil and gas prices react to Russia and Ukraine "settlement" discussions, Iran's rejection of the U.S. nuclear proposal, Canadian willdfires interrupting crude oil production and a possible interest rate cut.
Employment vacancies unexpectedly rose in April, reaffirming the health of the U.S. labor market. According to the Bureau of Labor Statistics' Job Openings and Labor Turnover Summary (JOLTS), job openings climbed by 191,000 to 7.391 million, from the upwardly revised 7.2 million in March.The suspect accused of a June 1 firebombing attack on peaceful pro-Israel demonstrators in Boulder, Colorado, had allegedly planned to kill them all but appeared to have had second thoughts, according to authorities. Mohamed Sabry Soliman allegedly had 18 Molotov cocktails but threw just two during Sunday's attack, police said. He didn't carry out his alleged full plan “because he got scared and had never hurt anyone before,” police wrote in an affidavit.
Job openings are seen at around 7 million, low for the post-Covid era. CrowdStrike reports after the close. Yields are in focus after climbing Monday on new inflation concerns.Important DisclosuresThe information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Past performance is no guarantee of future results, and the opinions presented cannot be viewed as an indicator of future performance.Investing involves risk, including loss of principal.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.(0130-0625)
The April JOLTS data shows a mixed bag for the labor market, with more job openings than expected, but also a decline in quits and an uptick in layoffs. Jake Clopton and Jordan Rizzuto break down the numbers. They discuss the potential for a "soft landing" in the economy. They also share their thoughts on what to expect for the rest of the year and how it may impact the S&P 500.======== 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
AP Washington correspondent Sagar Meghani reports on a surprising rise in American job openings.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger.
The Case-Shiller U.S National Home Price Index was released yesterday; Kevin has the details, digs into the data, puts it into historical perspective, and offers his insights. The Conference Board's Consumer Confidence Index was released, and the U.S. Bureau of Labor Statistics released the Job Openings and Labor Turnover Survey. Kevin reviews the details and offers his insights and opinions on the reports. Kevin has the supply and demand numbers, including expectations for corporate earnings, tariff talks, crude oil inventory levels, and geopolitical events that affect oil and gas prices.
Mitch Harper and Matt Baiamonte were able to have an offseason talk with BYU head basketball coach Kevin Young earlier this week. Hear what he has to say about the transfer portal, NIL, Richie Saunders decision, NBA job openings, and the roster for next year's team.
Global services analyst Trevor Romeo discusses the impact of recent economic uncertainties on the staffing industry, highlighting key trends and challenges faced by companies and exploring the evolving landscape of job openings and the future of staffing.
Markets, investors and companies are all feeling a little bit jumpy about the state of the economy. Surveys of managers, consumers and investors are all grim. Today on the show, Rob Armstrong and Aiden Reiter take a look at those soft numbers and compare them to hard numbers such as the Job Openings and Labor Turnover survey and try to figure out what's really going on. Also they go short Indonesia's plan for a sovereign wealth fund and short the president's plan for “liberation day”. For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer.You can email Robert Armstrong and Katie Martin at unhedged@ft.com.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.