Podcasts about labor department

Kevin returns to familiar surroundings after attending the Rush Enterprises 20th Anniversary Tech Skills Rodeo (TSR) in Nashville, TN at the Gaylord Opryland Resort and Convention Center, Sunday through Tuesday, and covers the following stories: the U.S. Labor Department released the Weekly Jobless Claims Report; Mitch Davisson, Director of Collision Centers, Rush Enterprises, New Braunfels, Texas, stopped by the ATN Booth at the TSR, to discuss the Body and Paint competition; the U.S. Bureau of Labor Statistics released the Consumer Price Index.See omnystudio.com/listener for privacy information.

Kevin returns to familiar surroundings after attending the Rush Enterprises 20th Anniversary Tech Skills Rodeo (TSR) in Nashville, TN at the Gaylord Opryland Resort and Convention Center, Sunday through Tuesday, and covers the following stories: the U.S. Labor Department released the Weekly Jobless Claims Report; Mitch Davisson, Director of Collision Centers, Rush Enterprises, New Braunfels, Texas, stopped by the ATN Booth at the TSR, to discuss the Body and Paint competition; the U.S. Bureau of Labor Statistics released the Consumer Price Index.

Kevin returns to familiar surroundings after attending the Rush Enterprises 20th Anniversary Tech Skills Rodeo (TSR) in Nashville, TN at the Gaylord Opryland Resort and Convention Center, Sunday through Tuesday, and covers the following stories: the U.S. Labor Department released the Weekly Jobless Claims Report; Mitch Davisson, Director of Collision Centers, Rush Enterprises, New Braunfels, Texas, stopped by the ATN Booth at the TSR, to discuss the Body and Paint competition; the U.S. Bureau of Labor Statistics released the Consumer Price Index.See omnystudio.com/listener for privacy information.

Kevin returns to familiar surroundings after attending the Rush Enterprises 20th Anniversary Tech Skills Rodeo (TSR) in Nashville, TN at the Gaylord Opryland Resort and Convention Center, Sunday through Tuesday, and covers the following stories: the U.S. Labor Department released the Weekly Jobless Claims Report; Mitch Davisson, Director of Collision Centers, Rush Enterprises, New Braunfels, Texas, stopped by the ATN Booth at the TSR, to discuss the Body and Paint competition; the U.S. Bureau of Labor Statistics released the Consumer Price Index.

On Thursday, President Donald Trump signed an executive order directing Attorney General Pam Bondi to reclassify marijuana from a Schedule I substance to a Schedule III substance. Trump's order continues an effort begun by former President Joe Biden to change how the federal government views marijuana. Previously, under the U.S. Controlled Substances Act, marijuana had the same classification as LSD and peyote – drugs that the federal government argues have no accepted medical use and a high potential for abuse. And because of its classification, scientists who wanted to investigate medical uses for marijuana had to jump through significant hoops – and couldn't get federal research dollars. Once marijuana is reclassified, that will change. However, if you're a recreational marijuana user, Trump did not, in fact, just legalize weed. So to learn more about what the executive order means, we spoke with Jeremy Berke, editor-in-chief of Cultivated Media, an outlet covering the business, policy, and culture of cannabis.And in headlines, the Labor Department releases inflation numbers likely skewed by the government shutdown, the deadline to release the Epstein files is here, and House Speaker Mike Johnson sends representatives home for the holidays, failing to address the upcoming expiration of enhanced Affordable Care Act subsidies. Show Notes: Check out Cultivated Media – www.cultivated.newsCall Congress – 202-224-3121Subscribe to the What A Day Newsletter – https://tinyurl.com/3kk4nyz8What A Day – YouTube – https://www.youtube.com/@whatadaypodcastFollow us on Instagram – https://www.instagram.com/crookedmedia/For a transcript of this episode, please visit crooked.com/whataday Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Anthony D'Esposito, Inspector General for the United States Department of Labor, calls into the program to discuss his appointment as the Inspector General for the Labor Department under President Trump, reflecting on his journey from growing up in a small Long Island village to serving in Congress and now his new role. He emphasizes his commitment to law enforcement and his plans to address waste, fraud, and abuse within the department. The discussion also touches on the support of Nassau County officials for law enforcement and contrasts it with areas that have been critical of police funding. The conversation concludes with mutual admiration and well-wishes for the holidays. Learn more about your ad choices. Visit megaphone.fm/adchoices

Kevin returns to familiar surroundings after attending the Rush Enterprises 20th Anniversary Tech Skills Rodeo (TSR) in Nashville, TN at the Gaylord Opryland Resort and Convention Center, Sunday through Tuesday, and covers the following stories: the U.S. Labor Department released the Weekly Jobless Claims Report; Mitch Davisson, Director of Collision Centers, Rush Enterprises,New Braunfels, Texas, stopped by the ATN Booth at the TSR, to discuss the Body and Paint competition; the U.S. Bureau of Labor Statistics released the Consumer Price Index.

Advisors on This Week's Show Kyle Tetting Adam Baley Dave Sandstrom (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Dec. 15-19, 2025) Significant Economic Indicators & Reports Monday No major announcements Tuesday Employers continued to add jobs in November amid signs of a weakening labor market, including the highest unemployment rate in four years. The shutdown-delayed employment report from the Bureau of Labor Statistics showed 64,000 more jobs in November after a 105,000-job decline in October, the third drop in five months. Federal jobs led the October fall as total employment stayed flat since April. Temporary help — considered a harbinger of hiring trends — reached its lowest level outside of the pandemic since 2012, amid recovery from the Great Recession. Because of the 43-day government shutdown, household data was not collected in October and had a higher margin of error in November. That data raised the seasonally adjusted unemployment rate rose to 4.6% in November, the highest since September 2021. The Commerce Department reported no change in retail sales in October. Eight of 13 major categories had higher sales. Decliners were led by car dealers, home-and-garden centers and bars and restaurants. Sales fell at gas stations because of lower prices. Excluding volatile car and gas sales, retailers generated 0.5 % more revenue than in September. About two-thirds of U.S. economic activity is driven by consumer spending, a majority of which is reflected in retail sales. Wednesday No major announcements Thursday The broadest measure of inflation showed a 2.7% annual pace in November. Because of the shutdown, the Bureau of Labor Statistics skipped its October report, the first miss  since 1948, but showed a lower Consumer Price Index increase for the first time since April, when the year-to-year rate was 2.3%. Inflation stayed above the long-range Federal Reserve target of 2% but was down from a four-decade high of 9.1% in June 2022. According to the incomplete report, gas prices were up 11% from the year before and shelter costs rose 3%. Excluding volatile costs for energy and food, the core CPI rose 2.6% from November 2024. The four-week moving average for initial unemployment claims rose for the second week in a row, the Labor Department reported. The gauge of employers' willingness to release workers was 40% below the long-term average and up 5% from the low just before the COVID-19 pandemic. Total jobless claims rose nearly 16% in the latest week to just below 2 million, up almost 2% from the year before. Friday Existing home sales rose 0.5% in November, a third consecutive increase, the National Association of Realtors reported. The annual sales rate of 4.1 million houses and condos was 1% below the year before; 2024 had the lowest sales in 30 years. An economist for the trade association said housing wealth was at an all-time high, so homeowners are in no hurry to list their properties. Low inventory has helped boost prices, rising to a median price of $409,200 in November, a 1.2% gain from the year before and the 29th consecutive increase. The University of Michigan's consumer sentiment index rose marginally in December, though it was 28.5% lower than the year before. Conditions for buying durable goods fell for the fifth month in a row as 63% of consumers surveyed foresaw a continuing rise in unemployment. Inflation expectations fell but remained higher than they were in January. Economists follow consumer sentiment as a leading indicator of consumer spending. Market Closings for the Week Nasdaq – 23286, up 91 points or 0.4% Standard & Poor's 500 – 6837, up 10 points or 0.1% Dow Jones Industrial – 48254, down 204 points or 0.4% 10-year U.S. Treasury Note – 4.15%, down 0.04 point

House Republicans are seeking annual reauthorization of key programs at the Veterans Affairs Department. Top lawmakers on the House VA Committee are leading a series of bills that would reauthorize the department's Veteran Readiness and Employment program. This is the third wave of VA reauthorization bills lawmakers have introduced. The legislation would also move the Labor Department's Veterans Education and Training Service program to the VA. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Kevin returns to familiar surroundings after attending the Rush Enterprises 20th Anniversary Tech Skills Rodeo (TSR) in Nashville, TN at the Gaylord Opryland Resort and Convention Center, Sunday through Tuesday, and covers the following stories: the U.S. Labor Department released the Weekly Jobless Claims Report; Mitch Davisson, Director of Collision Centers, Rush Enterprises,New Braunfels, Texas, stopped by the ATN Booth at the TSR, to discuss the Body and Paint competition; the U.S. Bureau of Labor Statistics released the Consumer Price Index.

The national Starbucks strike led by Starbucks Workers United continues at four stores in the Madison area, the Labor Department is back to issuing a monthly jobs report and Labor Radio takes a closer look, the Trump Administration again unilaterally voids the collective bargaining agreement covering Transportation Security Administration workers and Labor Radio speaks to the president of TSA AFGE Local 777, New York State sues UPS claiming the company owes millions in unpaid wages, table card dealers at Horseshoe Indianapolis casino join Teamsters Local 135 after a 50 day recognition strike and the Local 135 president talks to Labor Radio, and we hear some union voices at the annual South Central Federation of Labor holiday party at the Madison Labor Temple.

It was an exciting morning as the Labor Department said inflation had cooled to 2.7% But then folks started to think.  That's where we're start this evening.  This is the Business News Headlines for Thursday the 18th day of December, thanks for listening. In other news, President Trump today signed an executive order about…cannabis. We'll share what it means. The Ford Motor Company is scrapping the Electric F-150 truck and why. Big tech needs more electricity and today the Feds gave them a huge gift.  But, there is a cost. We've got new news about mortgage rates for you. Unemployment claims trended down last week and we'll share the numbers.  Speaking of numbers we'll check The Wall Street Report and not all restaurants are in trouble.  We'll look at three brands that are doing quite well.  Let's go! Thanks for listening! The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on  PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon Central on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.

On Tuesday, a sprawling two-part Vanity Fair piece built from more than a dozen interviews with Susie Wiles, President Trump's chief of staff, dropped online. It is, without exaggeration, one of the most revealing portraits of an active White House power broker I can remember. Wiles describes Trump as having an “alcoholic's personality,” a striking characterization given his lifelong teetotalism. Trump, notably, did not dispute it. He later confirmed the description himself, calling it aggressive, possessive, and myopic.Wiles also took shots across the bow at several major figures. She labeled Elon Musk an “odd duck,” dismissed his politics, and triggered a very public response that included Musk taking a drug test near my own neighborhood to rebut claims of ketamine use. She endorsed JD Vance as the likely Republican nominee in 2028 while simultaneously describing his MAGA conversion as politically convenient. On Epstein, she confirmed Trump's name appears in the files, contradicted Trump's claims about Bill Clinton, and slammed Attorney General Pam Bondi's handling of the document release as a total failure. These were not slips. They were deliberate disclosures from someone who understands power intimately.Perhaps most telling was Wiles's admission that some Trump-era prosecutions look vindictive and that Venezuelan boat strikes were intended to pressure Nicolás Maduro politically, not just disrupt drug trafficking. That level of candor is rare. It reframes policy decisions as leverage rather than law enforcement, and it explains why the article landed like a grenade inside Republican circles.Politics Politics Politics is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.A Cooling Jobs Market and a Complicated Economic PitchAway from the media drama, the November jobs report offered something for everyone but reassurance. Payrolls grew by 64,000 jobs, better than feared but far from robust. Unemployment climbed to 4.6 percent, the highest level in more than four years, signaling a labor market that is cooling but not collapsing. The Labor Department flagged unusual data uncertainty due to the government shutdown, muddying trend lines even further.Supporters of the administration argue that private sector employment remains solid and that government job losses were inevitable given debt and deficits. Critics counter that Trump ran as the “economy man,” and this is not an economy that inspires confidence. Manufacturing and professional services continue to contract, while gains are concentrated in health care and education. The Fed's recent rate cut looks justified, but the promised “golden age” is difficult to sell when affordability remains front and center for voters.A Prime-Time Address and the Politics of the MomentAll of this sets the stage for Trump's prime-time address from the White House, scheduled for Wednesday night. Officially, there is no news hook. Unofficially, this looks like a straight-to-camera year-in-review and year-ahead speech, a nakedly political address designed to reset the narrative as he approaches the midpoint of his second term. If there were a major announcement, such as a Russia-Ukraine breakthrough or a stimulus package, it would not stay secret. The absence of leaks suggests there is no surprise coming.At the same time, Speaker Mike Johnson is facing an internal revolt over expiring Affordable Care Act subsidies. Moderates in swing districts are desperate for a vote they can point to, even if it fails. Hardliners insist on abortion-related restrictions tied to the Hyde Amendment, and leadership is frozen. With discharge petitions circulating and Trump's own political strength under scrutiny, Johnson's power is only as strong as Trump's grip on the conference. Right now, that grip looks uncertain.Chapters00:00:00 - Intro00:01:23 - Susie Wiles in Vanity Fair00:04:49 - Kirk Bado on Susie Wiles00:35:30 - Update00:37:14 - Jobs Report00:39:43 - Trump's Primetime Address Announcement00:44:04 - Mike Johnson and the ACA00:50:37 - Kirk Bado on Nuzzi/Lizza and More01:13:57 - Wrap-up This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.politicspoliticspolitics.com/subscribe

Speaker Mike Johnson (R-LA) says there will not be a vote on an amendment to extend expiring Affordable Care Act enhanced premium subsidies as part of a House Republican health care bill this week, and some moderate Republicans are not happy about it; Labor Department releases a jobs report that was delayed due to the federal government shutdown that shows 105,000 jobs lost in October, then in November, 64,000 jobs gained and the unemployment rate rising to 4.6 percent; Vice President JD Vance talks about the economy at a factory near Allentown, Pennsylvania; Defense Secretary Pete Hegseth tells Senators & House Members in closed briefings the Pentagon will not release the full video of the second strike against an alleged illegal drug carrying boat in the Caribbean in September that reportedly killed survivors of the first strike, due to its classified and top-secret nature. Secretary of State Marco Rubio also took part in the briefing; FAA Administrator Bryan Bedford says to the House Aviation Subcommittee the FAA was not consulted before a provision was included in the House-passed defense authorization bill about military helicopter flights near Ronald Reagan Washington National Airport that some Members and the NTSB Chair say will decrease safety; White House Chief of Staff Susie Wiles in an interview with Vanity Fair, says President Trump has “an alcoholic's personality" and Vice President JD Vance is a “conspiracy theorist"; a statue of a civil rights leader Barbara Rose Johns replaces a statue of Confederate General Robert E. Lee in representing Virginia in the U.S. Capitol's Statuary Hall collection. Learn more about your ad choices. Visit megaphone.fm/adchoices

Kevin covered the following stories: the U.S. Labor Department reported the Weekly Initial Jobless Claims; some of the various media outlet's coverage were misleading at best; the U.S. Bureau of Labor Statistics released the Employment Cost Index which tracks changes changes in wages and benefits; the U.S. Department of Agricuture released their estimates for 2026 cattle prices; Kevin has the details, digs into the data, puts the information into historical perspectve, offers opinions and insights.See omnystudio.com/listener for privacy information.

Kevin covered the following stories: the U.S. Labor Department reported the Weekly Initial Jobless Claims; some of the various media outlet's coverage were misleading at best; the U.S. Bureau of Labor Statistics released the Employment Cost Index which tracks changes changes in wages and benefits; the U.S. Department of Agricuture released their estimates for 2026 cattle prices; Kevin has the details, digs into the data, puts the information into historical perspectve, offers opinions and insights.

Kevin covered the following stories: the U.S. Labor Department reported the Weekly Initial Jobless Claims; some of the various media outlet's coverage were misleading at best; the U.S. Bureau of Labor Statistics released the Employment Cost Index which tracks changes changes in wages and benefits; the U.S. Department of Agricuture released their estimates for 2026 cattle prices; Kevin has the details, digs into the data, puts the information into historical perspectve, offers opinions and insights.

Kevin covered the following stories: the U.S. Labor Department reported the Weekly Initial Jobless Claims; some of the various media outlet's coverage were misleading at best; the U.S. Bureau of Labor Statistics released the Employment Cost Index which tracks changes changes in wages and benefits; the U.S. Department of Agricuture released their estimates for 2026 cattle prices; Kevin has the details, digs into the data, puts the information into historical perspectve, offers opinions and insights.See omnystudio.com/listener for privacy information.

On Monday, OSHA announced more than $986,000 in safety violations for the largest transformer manufacturer in North America.​According to the U.S. Labor Department, OSHA inspectors visited Virginia Transformer Corp.'s (VTC) plant in Pocatello, Idaho, in June 2025. The visit was a follow-up after a pair of inspections last year found cranes used to handle heavy loads with faulty brakes and switches.

Kevin covered the following stories: Realtor.com reports the October delistings; U.S mortgage rates vs other countries; the National Federation of Independent Business released their Small Business Optimism Index; the U.S. Labor Department's Bureau of Labor Statistics released the October Job Openings and Turnover Survey (JOLTS); Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions along the way.    

Kevin covered the following stories: Realtor.com reports the October delistings; U.S mortgage rates vs other countries; the National Federation of Independent Business released their Small Business Optimism Index; the U.S. Labor Department's Bureau of Labor Statistics released the October Job Openings and Turnover Survey (JOLTS); Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions along the way.    See omnystudio.com/listener for privacy information.

Kevin covered the following stories: Realtor.com reports the October delistings; U.S mortgage rates vs other countries; the National Federation of Independent Business released their Small Business Optimism Index; the U.S. Labor Department's Bureau of Labor Statistics released the October Job Openings and Turnover Survey (JOLTS); Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions along the way.    

Kevin covered the following stories: Realtor.com reports the October delistings; U.S mortgage rates vs other countries; the National Federation of Independent Business released their Small Business Optimism Index; the U.S. Labor Department's Bureau of Labor Statistics released the October Job Openings and Turnover Survey (JOLTS); Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions along the way.    See omnystudio.com/listener for privacy information.

Kevin covers the following stories: the national average price for a gallon of regular gas dips to the lowest level since May of 2021; the U.S. Labor Department reported the Weekly Initial Jobles Claims; the National Retail Federation (NRF) reported the data from the Thanksgiving through Cyber Monday shopping kickoff to the holiday season; the Trump administration proposes changes to the Biden-era 2031 fuel economy standards; Kevin has the details sifts through data, puts the information into historical perspective, offers his insights and a few opinions along the way.See omnystudio.com/listener for privacy information.

Kevin covers the following stories: the national average price for a gallon of regular gas dips to the lowest level since May of 2021; the U.S. Labor Department reported the Weekly Initial Jobles Claims; the National Retail Federation (NRF) reported the data from the Thanksgiving through Cyber Monday shopping kickoff to the holiday season; the Trump administration proposes changes to the Biden-era 2031 fuel economy standards; Kevin has the details sifts through data, puts the information into historical perspective, offers his insights and a few opinions along the way.

Kevin covers the following stories: the national average price for a gallon of regular gas dips to the lowest level since May of 2021; the U.S. Labor Department reported the Weekly Initial Jobles Claims; the National Retail Federation (NRF) reported the data from the Thanksgiving through Cyber Monday shopping kickoff to the holiday season; the Trump administration proposes changes to the Biden-era 2031 fuel economy standards; Kevin has the details sifts through data, puts the information into historical perspective, offers his insights and a few opinions along the way.See omnystudio.com/listener for privacy information.

Kevin covers the following stories: the national average price for a gallon of regular gas dips to the lowest level since May of 2021; the U.S. Labor Department reported the Weekly Initial Jobles Claims; the National Retail Federation (NRF) reported the data from the Thanksgiving through Cyber Monday shopping kickoff to the holiday season; the Trump administration proposes changes to the Biden-era 2031 fuel economy standards; Kevin has the details sifts through data, puts the information into historical perspective, offers his insights and a few opinions along the way.

Plus: The European Commission has opened an antitrust probe into Meta Platforms over WhatsApp's AI policy. And the FBI has arrested a Virginia man in connection with Jan. 6, 2021, pipe bombs placed in Washington, D.C. Pierre Bienaimé 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

This Day in Legal History: SkidmoreOn December 4, 1944, the U.S. Supreme Court issued its decision in Skidmore v. Swift & Co., a case interpreting the Fair Labor Standards Act (FLSA). The plaintiffs were firefighters employed by a private company who sought overtime pay for time spent waiting on the employer's premises, even when not actively fighting fires. The Court ruled that such “waiting time” could qualify as compensable work depending on the circumstances — a fact-intensive inquiry rather than a rigid rule. More significantly, the Court declined to treat the Department of Labor's interpretation of the FLSA as binding. Instead, Justice Jackson, writing for the Court, articulated what became known as “Skidmore deference,” explaining that agency interpretations are entitled to respect based on their “power to persuade,” not their authority.This approach emphasized judicial independence while still valuing agency expertise, setting a flexible standard for reviewing administrative interpretations. For decades, Skidmore shaped the way courts evaluated regulatory guidance, particularly where statutes were silent or ambiguous. That changed in 1984, when the Court decided Chevron U.S.A., Inc. v. NRDC, introducing a more deferential, two-step test that often required courts to uphold reasonable agency interpretations. Chevron effectively sidelined Skidmore, making agency interpretations more binding than persuasive.That more restrained approach to agency interpretation—Skidmore's “power to persuade”—quietly persisted in the background during the decades-long dominance of Chevron deference. But on June 28, 2024, in Loper Bright Enterprises v. Raimondo, the Supreme Court formally overruled Chevron, declaring that courts must exercise independent judgment in interpreting statutes, even when those statutes are ambiguous. The Court emphasized that the Administrative Procedure Act assigns to the judiciary—not agencies—the duty to “decide all relevant questions of law” and interpret statutory provisions without default deference to agency views. In doing so, the Court explicitly endorsed the Skidmore model of respect rather than deference, reaffirming that agency interpretations may still inform judicial decisions, but only to the extent they are persuasive. So, 80 years after Skidmore was decided, its modest, judge-centered vision of statutory interpretation has once again become the law of the land.A group of former federal employees filed a proposed class action lawsuit in the U.S. District Court for the District of Columbia, alleging the Trump administration unlawfully removed them from their jobs due to their work in diversity, equity, and inclusion (DEI) programs. The plaintiffs claim the dismissals were politically motivated and violated their First Amendment rights as well as Title VII of the Civil Rights Act.According to the complaint, the reductions in force went beyond typical administrative turnover, instead constituting a deliberate effort to punish perceived political opponents. The plaintiffs argue they were targeted because they held, or were believed to have held, roles connected to DEI initiatives, which President Trump vocally opposed. The lawsuit points to executive orders that allegedly discriminated against women, people of color, and nonbinary individuals.Defendants named include the White House, Justice Department, CIA, Defense Department, Federal Reserve, Labor Department, and Treasury. The plaintiffs are seeking reinstatement, back pay, restoration of seniority, and attorneys' fees.Trump, Agencies Hit With Ex-Federal Workers' Political Bias SuitUnder President Trump's second administration, the U.S. Securities and Exchange Commission (SEC) is on track for its lowest number of earnings fraud and auditor liability enforcement actions since the Reagan era. So far in 2025, only 20 such cases have been filed—far below the historical average of 79 per year since Trump's first term began in 2017. The decline is attributed to leadership changes, a 43-day government shutdown, shifting agency priorities, and a shrinking SEC staff due to retirements and buyouts.SEC Chair Paul Atkins has emphasized targeting only the most harmful and deliberate frauds, deprioritizing minor or technical violations. Enforcement has also slowed due to procedural constraints, including legal challenges limiting the use of in-house judges and forcing more cases into federal court. Despite the drop in formal actions, former officials and commission watchers caution that investigations continue behind the scenes and could yield future penalties.The agency did finalize some notable settlements early in the year, including $19 million from American Electric Power and $8 million from GrubMarket. However, enforcement activity has since dropped steeply, marking the largest first-year decline following a presidential inauguration since the 1980s.SEC's Earnings Fraud, Auditor Liability Cases Plunge Under TrumpU.S. Citizenship and Immigration Services (USCIS) announced it will stop processing green cards and related immigration benefits for individuals from 19 countries named in a June Trump administration travel ban. This expanded restriction follows a separate decision by the State Department to suspend visa processing for Afghan nationals after a deadly shooting involving two National Guard members in Washington, D.C.The new USCIS policy affects several types of applications, including those for permanent residency, green card replacements, travel documents, and requests by permanent residents to maintain status while abroad. The halt applies regardless of when the applicant entered the U.S. The agency cited national security concerns as the reason for the changes and indicated all affected individuals may face renewed interviews or screenings.The travel ban currently includes countries such as Afghanistan, Iran, Somalia, Venezuela, and others, with reports suggesting the administration plans to expand the list to about 30 nations. The memo emphasized that individuals from these “high-risk countries of concern” who arrived in the U.S. after January 20, 2021, are subject to re-evaluation.Trump Travel Ban Limits Extend to Green Cards, Other Benefits This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

The Trump administration has begun carving up the Education Department, signing six new agreements that shift major K-12 and higher ed programs to other federal agencies. USA TODAY Congress reporter Zach Schermele explains why these moves are happening now, how they build on a Supreme Court decision that allowed an earlier transfer to the Labor Department and what's at stake for school districts that rely on Title I funding and federal oversight. He also breaks down concerns around special education, the future of student loan services, and whether these changes could widen disparities the department was created to fix.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Labor Department reported September jobs numbers on Thursday, showing employers added 119,000 jobs to the economy but also an increase in unemployment to 4.4 percent. “The September report shows fairly good job growth, but every other report we have for October shows a slowdown,” says Robert Reich, the former secretary of labor under President Bill Clinton.“Real wages — that is, wages adjusted for inflation — are going down for most people. The bottom 90 percent of Americans are in very bad shape,” says Reich. This week on The Intercept Briefing, host Akela Lacy speaks to the professor, author, and longtime commentator about the economy and the state of Democratic Party politics under Trump. “The only people who are doing well, who are keeping the economy going through their purchases, are the top 10 percent, and they're basically doing well because they're the ones who own most of the shares of stock,” says Reich. “What happens when and if the stock market implodes?”Reich has been beating the drum on poverty and inequality for decades. And while that message took some time to hit the mainstream, it seems to be hitting home now more than ever, but Democratic leadership continues to fall flat in conveying they understand the urgency of the economic hardships ordinary Americans face.The answer, Reich says, is new leadership. He is disappointed in Democrats who caved to Trump on the government shutdown. “It's another example of the Democrats not having enough backbone,” Reich says. “I think Chuck Schumer has to go. And Jeffries too.” He adds, “I'm 79 years old. I have standing to speak about the fact that there is a time to move on. And I think that the Democratic leaders today should move on.”Listen to the full conversation of The Intercept Briefing.You can support our work at theintercept.com/join. Your donation, no matter the amount, makes a real difference. Hosted on Acast. See acast.com/privacy for more information.

Will the Fed cut rates again before the end of 2025? The probability of the Federal Reserve cutting interest rates has decreased significantly, now standing at 30% according to CME's FedWatch tool. The slide comes amid concerns over a prolonged data blackout, as the Labor Department confirmed that it wouldn't release the jobs data for October. How will bitcoin and other risk assets react to the macro gloom? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - Break the cycle of exploitation. Break down the barriers to truth. Break into the next generation of privacy. Break Free. Free to scroll without being monetized. Free from censorship. Freedom without fear. We deserve more when it comes to privacy. Experience the next generation of blockchain that is private and inclusive by design. Break free with Midnight, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠midnight.network/break-free⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Need liquidity without selling your crypto? Take out a ⁠⁠Figure Crypto-Backed Loan⁠⁠, allowing you to borrow against your BTC, ETH, or SOL with 12-month terms and no prepayment penalties. They have the lowest rates in the industry at 8.91%, allowing you to access instant cash or buy more Bitcoin without triggering a tax event. Unlock your crypto's potential today at Figure! ⁠⁠https://figuremarkets.co/coindesk⁠⁠ - Genius Group has partnered with CoinDesk for Bitcoin Treasury Month, launching the Genius x CoinDesk Quest. Participants can join the Bitcoin Academy, complete free microcourses from experts like Natalie Brunell and Saifedean Ammous, and enter to win 1,000,000 GEMs (worth 1 BTC) promoting bitcoin education and adoption.Learn more at:  ⁠⁠⁠⁠⁠⁠⁠⁠geniusgroup.ai/coindesk-bitcoin-treasury-month/⁠⁠⁠⁠⁠⁠⁠⁠ - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

The Labor Department released September's monthly jobs report, showing employers added 119,000 jobs, which is the strongest increase since April. But it also shows the unemployment rate ticking up. NPR's Scott Horsley joins us. Then, we speak with two California congressmen, Democrat Sam Liccardo and Republican Kevin Kiley, about their proposal to extend Affordable Care Act tax credits for another two years, as well as other health care reform ideas that lawmakers are considering ahead of a planned vote next month. And, more than 4,000 students in the Cincinnati Public School System are experiencing homelessness. We hear from Rebeka Beach, program manager at Project Connect, the homeless advocacy organization within the school system, about its plan to help those students and their families.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

This week's agriculture news covers everything from trade and tariffs to farmer sentiment and land values. The U.S. Supreme Court heard arguments on the legality of tariffs imposed on nearly every U.S. trading partner during President Trump's administration. Meanwhile, updates continue on the China and U.S. trade deal and what it could mean for soybean growers. Despite the ongoing government shutdown, the U.S. Labor Department confirmed its Office of Foreign Labor Certification will resume processing H-2A agricultural labor applications. A new national coalition, Grow It Here, has also launched to spotlight the nation's farm labor shortage. Plus, we break down the latest farmer sentiment from the Purdue University/CME Group Ag Economy Barometer and the Rural Mainstreet Index. This week's interview features David Whitaker, auctioneer and real estate broker with Whitaker Marketing Group. He shares insight on late 2025 land values, generational buying and selling trends and how more land is making its way onto the market. Stay connected with us for more agriculture content on Instagram, TikTok, Facebook, and YouTube, along with our weekly videos!

Agencies would be required to disclose when artificial intelligence replaces a federal job under a bipartisan bill in the Senate. Senators Mark Warner and Josh Hawley announced the AI-Related Job Impacts Clarity Act yesterday. The bill would require major companies and agencies to report AI-related job effects, including layoffs and job displacement, to the Labor Department. Labor would also be required to compile data on AI-related job effects and publish a report to Congress and the public. The legislation comes amid rising concerns about AI's impact on the job market.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Rideshare Rodeo Podcast (episode 515) November 2nd, 2025 Subscribe to Kim's "FREELANCE BUSTING" Substack https://freelancebusting.com Kim's Substack Article discussed during live below: Editor's note: On October 14, I emailed the campaigns of Jack Ciattarelli and Mikie Sherrill to request Q&A interviews with each candidate for governor in my home state of New Jersey. Sherrill's team did not respond. The first time I ever spoke with Jack Ciattarelli was about five years ago on a video call. There were quick introductions, and then I started to give him an advocacy pitch about independent-contractor policy. These kinds of conversations with politicians typically involve about 10 minutes of me explaining that most independent contractors are not Uber drivers. I talk about how we like being our own bosses as freelance writers, owner-operator truckers, graphic artists, real-estate agents, finance and insurance experts, translators and interpreters, attorneys and a whole lot more. Much to my surprise, Ciattarelli already understood the policy issue. He started explaining why independent contractors need protection here in New Jersey. I was speechless. It was a first. Nowadays, when I show up at any kind of Ciattarelli event, he sees me, smiles, comes over to say hello and quite enthusiastically says, “Independent contractors!” If he's giving a speech, he points me out in the crowd and talks about the policy issue so everyone in the room understands that our ability to earn a living must be protected. He champions those of us who are speaking out on behalf of New Jersey's estimated 1.7 million independent contractors. As you can see in these most recent photos of the two of us from his Morris County campaign stop at the Chester Diner, he's a guy who leans in. Genuinely. Independent contractors are most worried right now about the proposed rulemaking at New Jersey's Department of Labor & Workforce Development. I had several questions for Ciattarelli about that, as well as questions about other things too. Here's my Q&A about independent-contractor policy with Jack Ciattarelli. Q&A with Jack Ciattarelli Would you please share your personal background of working with independent contractors, so people can hear what I heard from you on that video call all those years ago? Kim, it's great to have these discussions with you. And yes, I remember that conversation and I've since shared my personal experience with independent contractors, most recently during an appearance on Univision. A gentleman asked me if I have any policies that are good for truck drivers specifically. I asked him if he meant independent truckers in particular, and he said yes. So I shared with him my perspective as someone who comes from a family of business owners, and that's one of many ways you can achieve your version of the American dream. There has to be a balance that allows a person to be a W-2 employee or a 1099 independent contractor, whatever they want. I told this gentleman, as I previously told you, that my publishing business would never survive if the proposed regulation in Trenton were in effect. My business relied on hiring many medical editors who worked as independent contractors, self-employed people who can work the way they chose to work. If I had to hire them directly as employees, my business would fail and there would be 20 other jobs never created. I'm for letting people follow their American dream, and if they choose the path of being independent contractors, we're going to make sure that path is there for them. New Jersey's Legislature, about a half dozen years ago, rejected legislation based on a California law called Assembly Bill 5 that involved the classification of independent contractors and employees. Do you believe the New Jersey Legislature made the right or wrong call when it let that California-inspired bill die? And why? As I recall, the Legislature listened to the reaction of lots of independent contractors who just wanted to be allowed to continue working the way they want. They wanted to be their own boss, not an employee of someone else. There's nothing wrong with being an employee, if that's what you want and that's what's best for you. But there's also nothing wrong with choosing to be your own boss. It should be your decision, not the government's. For many of those folks, that bill would have destroyed their entire business model and their livelihood, and also would have hurt countless industries in our economy. Again, I look back on my own experience and know that the bill would have killed jobs and ended the American dream for many New Jerseyans. So yes, the Legislature made the right decision then. And I can't say that about a lot of the decisions the Legislature has made recently. Right now, New Jersey's Labor Department has proposed regulatory rulemaking that attorneys say “almost entirely eviscerates” any chance of establishing independent-contractor status, and is “an existential threat to flexible, independent work.” This proposed rulemaking drew a deluge of about 9,500 public comments, in a process that the New Jersey Chamber of Commerce told me is usually lucky to get even 100 comments. And those estimated 9,500 comments are 99% opposed. Even despite all this public pushback, Governor Murphy has so far refused to rescind the Labor Department proposal. Do you believe that whoever is governor has an obligation to respect the will of the people when it's made so clear in a public comment process? There's a reason why state law mandates a public comment period when regulations are proposed. If you have the power to hand down a rule requiring New Jersey residents to do or not to do something, you have to first listen to what people who would be affected have to say about it. You learn by listening. From the time I decided to enter public service, I've learned more from listening to people than I ever could have learned any other way. You get a sense of what drives people and what their concerns are that you just can't get without listening to them. So yes, the governor and the Department of Labor need to listen and learn. Now, I wouldn't say that it's simply a mathematical issue—that you go with 51% of commenters instead of 49% of them—but when you get to that many comments and 99% of them are saying the same thing, you have to learn from that and seriously question what you're trying to do. You have said that if you are elected governor, you will reverse this Labor Department rulemaking about independent contractors. How quickly would you take that action after you are sworn into office? That's a question that really depends on what my legal team tells me. I understand the process for repealing a rule—if that rule is in place when I become governor—is pretty much the same as it is for adopting the rule in the first place. There's a notice requirement, and then time for public comment. I know there's an expedited process available, but that's also a question for the lawyers. My best answer is, as soon as possible. No matter who wins the gubernatorial election in November, we are going to have a lame-duck session in the New Jersey Legislature between Election Day and the swearing-in of the new governor. It is possible that Governor Murphy could finalize the proposed Labor Department rule during that time period. Republican Senator Declan O'Scanlon, along with Republican Assembly members Gerry Scharfenberger and Vicky Flynn, have announced their plan to introduce legislation that would declare the rule “inconsistent with legislative intent, if the Department doesn't respond to the public outcry and rescind or satisfactorily modify their proposed rule changes.” Assemblywoman Flynn posted on social media that she plans to gather bipartisan support to pass this legislation, which would basically be a legislative override of the rulemaking. Do you support this plan in the Legislature? And if so, how would you help these legislators get it done? You and I have talked about the bipartisan opposition to this rule change, and I've seen letters from Democrats and Republicans in the Legislature submitted as part of the public comment process. I would certainly support a legislative effort to override the rule if it's adopted, but to be honest, I'm not sure there are enough members of the current majority party who would be willing to cast the right vote. But as someone who's been endorsed by many Democrats to be the next governor, I'm all for a bipartisan effort to override the rule, and I would use my position as governor-elect—which I will be on November 4th—to make it clear this rule will not stand, and if the Legislature fails to act, I will. One of the public comments filed in opposition to the Labor Department's proposal is from economist Liya Palagashvili at the Mercatus Center, who regularly testifies before Congress about this policy area. She did an analysis showing that the way the State of New Jersey is currently using the ABC Test to determine independent-contractor status has already led to harmful effects compared to states that do things differently. In New Jersey, she found a comparable 3.81% decrease in W-2 employment, a 10.08% decrease in self-employment and a 3.95% decrease in overall employment. At the same time, based on the disastrous outcome with the ABC Test law in California, Republicans in Congress have been moving to pass federal legislation based on regulatory language that's different from the ABC Test. If you are elected governor, would you consider discussing options for New Jersey to use different regulatory language than the ABC Test to determine independent-contractor status? Of course. You know me, Kim. I'm always willing to listen and consider new ideas. But I've been focused on New Jersey and the laws and policies I would have to handle as governor, so of course I can't really make any decisions on the federal bill until I know more about it. I'm sure you'll tell me more at another time. You've got me intrigued. Many, many times, I have heard the people who support freelance busting claim that if our government protects our freedom to be independent contractors, then we are being anti-union. I don't believe that's true. I grew up in a union household, and my parents had side hustles when I was a kid. I know that both kinds of work can coexist, and I think everybody should be able to work in whatever way works best for us. I saw that you have received some union endorsements while also expressing your support for independent contractors. Do you see this policy area as favoring one or the other way of working, or supporting both ways of working, or something else? You're right, of course, I do have union support and I value it. Your experience growing up in a union household, having parents in unions who also earned money in other ways, is just more proof that there doesn't have to be an all-or-nothing approach on this. Look, this whole issue has been tied to misclassification, as you know. And misclassification is wrong, and there are laws on the books saying so and saying how the government should go about fighting it. I just don't see a need for conflict here. We can fight misclassification and let people work as independent contractors at the same time. That's what we've been doing, and when I'm governor, we will keep doing it. Independent contractors have also been under threat at the federal level, with legislation called the PRO Act that would inject California's type of freelance-busting regulatory language into federal law. I've testified three times before Congress about this threat, most recently in July before the U.S. Senate. I've heard you talk on the campaign trail about how you plan to try and get New Jersey's U.S. representatives and senators on the same page about issues that affect our state's citizens. If you are elected governor, would you include discussing independent-contractor policy with them, to help us with this policy area in Washington, too? That's right, I've talked about meeting regularly with our elected officials in Washington, both sides of the aisle, to see how we can combine efforts to get what our constituents deserve from their federal government. My opponent doesn't seem to like that idea, but I will gladly work with her and the rest of the delegation when I'm governor because that's what advocates for our state should do. And yes, coming back to your question, that will include policy toward independent contractors and anything else that's on the minds of New Jersey residents. I know that the IC issue is very much on the minds of those who want to keep working that way. I'll be their advocate, and I'll be an advocate for union workers as well because, just as I said earlier, I don't see a conflict between the two. What else would you like independent contractors in New Jersey to know as we all head to the voting booth on Election Day? Just what you can hear me say on TV, Kim. I'm a Jersey guy, born and raised, with family going back a hundred years in our state. I'm not in this as a stepping stone to anything else. I don't want to be a senator or a presidential candidate. This is my last stop. I want to help fix what's wrong with the state I love, and make it a better and easier place to live, work, raise a family and retire. That's my only goal. And I know I can do that, or else I would just go back to LBI and find something else to do. If your readers want a governor who loves this state and will get up every morning and work to make it better—just like I get up every day now and work hard to earn the job—then I'd love to have their support. Thanks for your time today, Kim. SUBSCRIBE TO KIM "FREELANCE BUSTING" SUBSTACK FREE BELOW: https://www.freelancebusting.com   PETITION ON CHANGE(.org): Transparency Petition Rideshare Rodeo Brand & Podcast: Rideshare Rodeo Podcast  

Advisors on This Week's Show Kyle Tetting Art Rothschild Steve Giles (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Oct. 27-31, 2025) Significant Economic Indicators & Reports Monday An indicator of demand for manufactured products, the Commerce Department's report on durable goods orders, was unavailable because of the federal government shutdown. Tuesday Housing prices continued slowing in August, according to the S&P Cotality Case-Shiller national home price index. The measure showed a 1.5% year-to-year gain in residential prices, the lowest in more than two years and below the overall inflation rate for the fourth straight month. An S&P analyst said the housing market has been trying to find a sustainable equilibrium following its post-pandemic boom. He added, "(H)omeowners are watching their real equity erode while buyers face the dual challenge of elevated prices and high borrowing costs." The Conference Board said its consumer confidence index moved sideways in October. The index dipped slightly from September with lower expectations offsetting consumers' marginally higher opinion of the present situation. The business research group said pessimism about the future continued to suggest an impending recession for the ninth month in a row. Prices and inflation remained the top concerns among survey respondents. Mentions of tariffs declined from earlier surveys but stayed elevated. Some consumers expressed dismay about the federal government shutdown. Wednesday The National Association of Realtors said its pending home sales index was unchanged in September and down 0.9% from the year before. The trade association said lower mortgage rates and increased wealth effect – from record-high stock prices and elevated home values – could not overcome apparent softening in the job market.  The pending sales index remained more than 25% below its 2001 base, which the Realtors consider a normal level of sales activity. As expected, the Federal Open Market Committee lowered short-term lending rates by one quarter of a percentage point for the second time in six weeks. The Federal Reserve Board's policy-making body said continued consideration of slowing labor markets prompted it to loosen monetary control, though it also expressed reluctance to lower rates while inflation stayed above the long-term target of 2%. The September Consumer Price Index showed broad inflation rising at a 3% annual rate, although more complete data reports have been curtailed by the federal government shutdown. Thursday The broadest measure of U.S. economic output, the quarterly report on gross domestic product, was not available from the Bureau of Economic Analysis because of the federal government shutdown. The GDP report includes the Fed's preferred measure of inflation, the personal consumption expenditure index. The Labor Department's report on initial unemployment insurance claims was not available for the fifth week in a row because of the federal government shutdown. Friday The Bureau of Economic Analysis did not release its consumer spending report for September because of the federal government shutdown. Market Closings for the Week Nasdaq – 23725, up 520 points or 2.2% Standard & Poor's 500 – 6840, up 49 points or 0.7% Dow Jones Industrial – 47563, up 356 points or 0.8% 10-year U.S. Treasury Note – 4.10%, down 0.10 point

In the first half of this episode, Patrick and Tommie investigate the mystery of the blue dogs of Chernobyl, meet the Pastor Garafiano, remember Fanny Brice on her birthday, Tommie sings a duet with Barbra Streisand, they say goodbye to actresses June Lockhart and Prunella Scales, get caught in The Act with Liza Minnelli, throw (kitty) litter at National Cat Day, wonder if the Supreme Court will take another look at same-sex marriage, question if President Trump is serious about running for a third term, worry if Trump will place military forces on American soil in the future, and ogle at the hot white men in the U.S. Labor Department's Soviet-style posters. (Part Two will be released on November 4.)

This Day in Legal History: October ManifestoOn October 30, 1905, Tsar Nicholas II of Russia issued the October Manifesto in response to mounting unrest and revolutionary fervor sweeping the Russian Empire. The 1905 Revolution had erupted earlier that year following the Bloody Sunday massacre, in which unarmed protesters were gunned down by imperial guards. Strikes, peasant revolts, and mutinies within the military and navy intensified public pressure for reform. The October Manifesto promised several liberalizing measures: the creation of a legislative Duma (parliament), expansion of civil liberties including freedom of speech, assembly, and conscience, and a commitment that no law would be enacted without the Duma's consent.Though revolutionary factions remained skeptical, the manifesto temporarily quelled widespread unrest and led to the formation of Russia's first constitutional structure. It marked the first time autocratic power in Russia was publicly limited by law, at least in theory. However, the tsarist regime maintained significant control: Nicholas retained the right to dissolve the Duma at will and manipulate election laws. Conservative forces viewed the manifesto as a concession made under duress, while radicals criticized it as too limited and unenforceable.The October Manifesto also split opposition forces. Some liberals, known as Octobrists, supported working within the new constitutional framework. Others, including the Bolsheviks and Socialist Revolutionaries, dismissed the document as a façade and continued to push for broader revolution. In legal terms, the manifesto introduced the concept of legislative consent into Russian governance, establishing a precedent for popular representation in lawmaking. Although the Duma's actual power remained constrained, the October Manifesto set the stage for future political conflicts that would culminate in the Russian Revolutions of 1917.The Trump administration's recent approvals for oil and gas leasing in Alaska and road development projects are drawing scrutiny from environmental groups, who say the decisions were made opaquely during a government shutdown, limiting their ability to challenge them in court. These projects include reopening leasing in the Arctic National Wildlife Refuge (ANWR), issuing permits for the 211-mile Ambler Road to mining sites, and approving a controversial land exchange to allow road construction through the Izembek National Wildlife Refuge wilderness. Environmental attorneys argue that key documents and analyses justifying these decisions remain unavailable, complicating legal strategies.The Interior Department, operating with a reduced staff, has only offered links to decision documents, providing little insight into environmental protections or regulatory compliance. Although these projects have been previously contested in court, the lack of transparency surrounding the latest approvals hinders further action. Some legal experts suggest potential conflicts of interest—such as the U.S. acquiring a stake in a company tied to the Ambler Road—could be grounds for future lawsuits. Additionally, the Izembek land swap may face legal challenges for bypassing required congressional approval.Environmental Groups Challenged in Fighting Trump's Alaska MovesThree former Morgan Stanley financial advisers are suing the U.S. Department of Labor over a recent advisory opinion that they argue unlawfully shields the bank from arbitration claims related to unpaid deferred compensation. Filed in Manhattan federal court, the lawsuit alleges that the Labor Department's September 9 finding—that Morgan Stanley's deferred compensation plan does not qualify as an employee benefit pension plan under ERISA—conflicts with two prior court rulings that said it does.The plaintiffs, Steve Sheresky, Jeffrey Samsen, and Nicholas Sutro, say the opinion was “arbitrary and capricious” and would undermine their efforts, and those of other former employees, to arbitrate claims over canceled or unpaid compensation. They also claim Morgan Stanley is already using the Labor Department's stance to dismiss ongoing claims and seek reimbursement of legal costs.Though Morgan Stanley is not a defendant in the suit, the plaintiffs argue the agency overstepped its authority and are asking the court to revoke the advisory opinion under the Administrative Procedure Act. The case, Sheresky et al v. U.S. Department of Labor, raises broader questions about administrative agencies issuing legal interpretations that can influence private litigation outcomes without proper judicial or legislative review.Former Morgan Stanley advisers sue US Labor Department | ReutersEli Lilly has announced a new partnership with Walmart to offer its weight-loss drug Zepbound at discounted, direct-to-consumer prices through Walmart pharmacies nationwide. This marks the first time customers using the LillyDirect platform can pick up the medication in person at a retail location. The lowest dose of Zepbound will be available for $349 per month for self-paying patients.The move is part of Lilly's broader strategy to expand access and boost market share in the competitive obesity drug space, currently valued at around $150 billion. Zepbound competes directly with Novo Nordisk's Wegovy, but recent data suggests Lilly has pulled ahead in prescriptions, despite Novo's earlier market entry.Lilly reported that around 35% of Zepbound prescriptions in Q2 came from cash-paying customers using LillyDirect. Both Lilly and Novo have also made their weight-loss drugs available through various telehealth platforms, further expanding patient access.Lilly, Walmart launch first retail pick-up option for weight-loss drug | ReutersA piece I wrote for Forbes earlier this week looks at the escalating tensions surrounding digital services taxes (DSTs), with France once again moving to raise its DST—from 3% to 15%—primarily targeting U.S. tech giants like Google, Meta, and Amazon. The U.S. has responded with familiar threats of tariffs and trade retaliation, repeating a now well-worn pattern of diplomatic pushback without addressing the underlying issue. That issue is structural: the global tax framework was built around physical presence, but today's digital economy allows companies to generate profits in countries where they have no offices, employees, or infrastructure.As frustration builds in countries watching tech firms reap profits without corresponding local tax contributions, DSTs have become a tool to reclaim taxing rights. In response, nearly 140 countries have worked through the OECD to build a two-pillar international solution. Pillar One aims to reallocate taxing rights based on where users are located; Pillar Two introduces a global minimum tax. Yet, while other countries move forward, the U.S. continues to resist fully embracing Pillar One—out of concern for political optics and revenue loss.That resistance is counterproductive. By refusing to commit to a multilateral framework, the U.S. is guaranteeing the very outcome it opposes: a fragmented global tax landscape where each country sets its own rules. The current whac-a-mole strategy—reacting to every unilateral move with threats—offers no long-term protection for U.S. companies and only heightens global instability. It's time for the U.S. to stop playing defense and help finalize a framework that reflects the realities of the digital economy.Whac-A-Mole Taxation Battles Will Persist Without A Global Deal This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Well over 3 weeks into the government shutdown, economists are eager for federal metrics that help paint a picture of our nation's economy. To that end, the Labor Department brought back some workers from the Bureau of Labor Statistics to release the Consumer Price Index, or CPI. 10 days late, CNBC's Rick Santelli, Nomura's David Seif and Richard Bernstein Advisors's Michael Contopoulos dig into the numbers and what they mean for the data-driven Federal Reserve. It's the second-longest shutdown in U.S. history, and lawmakers like House Minority Leader Hakeem Jeffries (D-New York) and Senator James Lankford (R-Oklahoma) are standing firm on their respective sides of the standoff. Both explain their perspectives on how the country can move forward. Plus, Target announced it would be laying off about 8% of its corporate workforce, and President Trump says he's halted trade negotiations with Canada over an Ontario ad featuring President Ronald Reagan criticizing tariffs.  Rick Santelli - 17:09 David Seif & Michael Contopoulos - 19:29Sen. James Lankford - 21:47Rep. Hakeem Jeffries - 38:26 In this episode:James Lankford, @SenatorLankfordHakeem Jeffries, @RepJeffriesRick Santelli, @RickSantelliJoe Kernen, @JoeSquawk Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As Halloween approaches, and thoughts turn to ghosts,goblins and things that go bump in the night, Nevin (Adams) & Fred (Reish) turned their focus to things that SHOULD have the attention of (and perhaps even scare) plan fiduciaries.Now, there are lots of things that require careful attention, selection and monitoring of plan assets and services by planfiduciaries; advisors and plan sponsors alike. But there are some things that may sneak up on even the most attentivefiduciary – things like:Your target-date fund glidepath(s) – Is it “to”retirement or “through” retirement, is it appropriate for your participant base, and do THEY know what it is (particularly at the projected date of retirement)?The degree of personalization in a “managed” account– How personalized is it, what data elements are considered, is the cost (relative to a target-date fund alternative) reasonable for the value provided, and who pays it?  Is it structured as a qualified default investment alternative (QDIA)? Cybersecurity – What provision(s) have your providersmade in securing participant data (particularly in view of the sample questions provided by the Labor Department), and are you prepared to deal with those questions in a DOL audit?    Participants that leave their accounts “behind” – Whatprocedures do you have in place to communicate with, and in some cases track down for distributing benefits?  Are youable to appropriately track and administer required minimum distributions (RMD)?Ignorance of fees – Do you know what fees are being paid by the plan, to whom, for what, and how? Personal liability – Plan fiduciaries are personally liable for the actions they take (or don't) with regard to plan administration.  Traditional organizational insurance policies don't cover that, nor does the fiduciary bond required. What provision(s) have you made to insure against that possibility?Episode Resources5 Things That (Should) Scare Plan Fiduciaries Target- Date FundsDOL: Target Date Retirement Funds - Tips for ERISA Plan FiduciariesCybersecurityDOL Cybersecurity Program Best PracticesTips for Hiring a Service Provider with Strong Cybersecurity PracticesCybersecurity tips for participantsParticipant “Leave Behinds”National Registry of Unclaimed RetirementBenefits: https://www.unclaimedretirementbenefits.com/A nationwide, secure database listing of retirement planaccount balances that have been left unclaimed by former participants of retirement plans.Retirement Savings Lost and Found Database: https://lostandfound.dol.gov/EBSA is helping America's workers and beneficiaries searchfor retirement plans that may still owe them benefits by establishing a public Retirement Savings Lost and Found Database through the SECURE 2.0 Act of 2022. This database serves as a centralized location to find lost or forgottenbenefits and get information on how to obtain those funds.Fiduciary Insurance5 Dangerous Fiduciary AssumptionsThe value of fiduciary liability insurance How plan fiduciaries can protect themselves from litigation Fiduciary liability insurance offers protection from claims | Invesco US

Good day, and welcome to Day 16 of the government shutdown. The Republican Senate failed to pass a funding bill for the ninth time. A federal judge blocked the firing of 4,000 government workers. Donald's IRS is being reconfigured to attack political enemies of the regime. Scott Bessent's Soros checks. Glenn Beck is working with the FBI on antifa targets. Donald's Labor Department issues warning about Donald's mass deportations. The White House is lying to its people about Chicago. Mike Johnson on the naked bike protest. RFK Jr. on circumcision. Heroes of Democracy: Los Angeles County. California is done with coal. With Jody Hamilton, David Ferguson, music by Michael McDermott, Alexa Wiley and the Wilderness, and more! Enter to win a chance to play D&D with Star Trek's Todd Stashwick, Jeri Ryan, Terry Matalas, Melissa Navia, and Eugene Cordero -- pablove.org/roll.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Amid a government shutdown, Congressman Mike Lawler (R-NY) explains his argument with House Minority Leader Hakeem Jeffries over the sticking point in the Capitol Hill stalemate: extending the Affordable Care Act tax credits. The Labor Department will bring some furloughed employees back to resume work on September's Consumer Price Index data, though other data remains on hold during the shutdown. Chinese customs are beefing up scrutiny of semiconductor imports to ensure that local companies are not ordering Nvidia's less powerful chips specifically engineered for China. Plus, two-year community college Campus is employing both AI and humans to tackle higher education debt and graduation rates. Campus founder Tade Oyerinde discusses his mission and his new acquisition of Sizzle with Sizzle's founder and new Campus CTO, Jerome Pesenti.  Mike Lawler - 17:58Tade Oyerinde & Jerome Pesenti - 32:44 In this episode:Rep. Mike Lawler, @lawler4nyJoe Kernen, @JoeSquawk Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

MRKT Matrix - Friday, October 10th Market sell-off on Trump's China tariff threat (CNBC) Wall Street's momentum into next week gets spoiled by tariff concerns, with earnings looming (CNBC) CPI inflation report will be released by Labor Department, while other data is delayed by shutdown (CNBC) Americans Are Falling Behind on Their Car Payments (WSJ) How China could pull ahead in the AI race (FT) China's wafer shake-up and the rise of ‘Silicon Desert' (FT) --- Subscribe to our newsletter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://riskreversalmedia.beehiiv.com/subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

Anthony D'Esposito, Former Congressman & Inspector General for the United States Department of Labor Nominee, joins Sid to talk about the impact and handling of the government shutdown, praising Speaker Mike Johnson's leadership, critiquing the Democratic Party's handling of the shutdown, and highlighting his strong support for Israel after Hamas and the Jewish State agree upon Phase 1 of a new peace deal in the Middle East. The conversation also touches on D'Esposito's upcoming committee hearing related to his potential appointment as Inspector General of the Labor Department. Additionally, D'Esposito speaks about the importance of strong diplomatic actions and his hope for a peaceful resolution regarding the Israeli conflict. Learn more about your ad choices. Visit megaphone.fm/adchoices

On Day Three of the federal government shutdown, the Senate votes for a fourth time on the same Republican and Democratic proposals and again each fails to reach the 60 votes required to pass; President Donald Trump posts a video depicting OMB Russell Vought as the Grim Reaper as the president considers widespread layoffs of federal workers now on furlough with the government shutdown; Director Vought announces on X over $2 billion in federal funding for transit projects in Chicago is being suspended due to concerns about 'race-based contracting'; Labor Department jobs report for September that would have come out today did not because of the government shutdown; Defense Secretary Pete Hegseth says he directed, on President Donald Trump's orders, a lethal strike against a drug smuggling boat off the coast of Venezuela that the Secretary says was "affiliated with Designated Terrorist Organizations", and that four people onboard were killed; President Trump says Hamas has agreed to the peace plan with Israel and he and the Israeli Prime Minister presented, after President Trump sets a deadline for Hamas or ,  'all hell' will 'break out'; Senate Republicans block a Democratic request to extend a cybersecurity law that expired with the end of the fiscal year on Wednesday that provides legal protections for critical infrastructure like electrical grids, transportation, and communications to share cyber intelligence with the federal government and each other. Learn more about your ad choices. Visit megaphone.fm/adchoices

The government heads toward a shutdown tomorrow at midnight, as a high-stakes White House meeting between the president and congressional leaders of both parties ends with no progress. Then, the Labor Department warns there may be no jobs report this Friday due to the potential government shutdown. Plus, Trump's federal takeover continues as he orders the National Guard into both Chicago and Portland. Susan Glasser, Sam Stein, Luke Broadwater, Matt Peterson, Brendan Greeley, and Mark Joseph Stern join The 11th Hour this Monday night. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Michigan Church Attack The discussion opens with news of a violent attack at a Church of Jesus Christ of Latter-day Saints in Michigan, where a man drove a truck into the building, opened fire, killed four people, injured ten, and set the church on fire. The speakers frame the attack as part of a wider trend of violence against religious institutions, emphasizing hostility toward people of faith. They highlight the quick response of law enforcement, using it to argue against what they see as Democratic “demonization” of police and ICE agents. The “Schumer Shutdown” Cruz and Ferguson repeatedly call it a “Schumer Shutdown,” arguing Democrats are deliberately causing it to appease their progressive base and avoid criticism from figures like AOC. They claim Republicans offered a clean continuing resolution (CR) to keep government open, but Democrats opposed it for political reasons. They warn of shutdown consequences, such as furloughed workers, closed national parks, and delayed paychecks, while also suggesting it could be an opportunity for Trump’s administration to terminate “deep state” bureaucrats in agencies like the EPA, IRS, and Labor Department. The commentary portrays Democrats as inconsistent, citing their past statements opposing shutdowns. Escalating Democratic Rhetoric and Its Effects The episode then devotes significant time to Democratic leaders’ rhetoric about Republicans, ICE, and law enforcement. It cites examples: Gavin Newsom calling Stephen Miller a fascist, Hakeem Jeffries describing Trump’s inauguration as a “supervillain convention,” and others comparing ICE to the Gestapo or slave patrols. The speakers argue this rhetoric incites violence against conservatives and law enforcement, linking it to incidents like the assassination of Charlie Kirk and attacks on ICE facilities. They present this as part of a broader Democratic strategy to delegitimize institutions like ICE, police, and the Supreme Court. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and The Ben Ferguson Show Podcast Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening YouTube: https://www.youtube.com/@VerdictwithTedCruz/ Facebook: https://www.facebook.com/verdictwithtedcruz X: https://x.com/tedcruz X: https://x.com/benfergusonshowYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

Today's Headlines: Israel stirred up another front yesterday by striking Hamas leaders in Doha, Qatar—right as they were meeting to discuss Trump's ceasefire plan. Qatar, not thrilled about the timing, has suspended its mediator role. The White House is insisting the bombing was Israel's call, not ours—though the optics are messy, given Qatar's status as a U.S. ally. Meanwhile, Chief Justice John Roberts temporarily let Trump freeze $4 million in foreign aid while the Court takes up the case, and the justices agreed to fast-track Trump's appeal to reinstate tariffs that lower courts already ruled illegal. In other Trump court news, a federal appeals court upheld the $83.3 million defamation payout he owes E. Jean Carroll, calling the damages “fair and reasonable.” On the economy, Labor Department revisions show 911,000 fewer jobs created in the past year than first reported—the biggest downward adjustment since 2002. The Census Bureau also found that inflation wiped out income gains for most Americans in 2024, except high earners, while the gender pay gap actually widened. And finally, South Carolina Republicans are moving toward one of the harshest abortion bans with no exceptions for rape, incest, or fatal fetal anomalies, women potentially facing murder charges and even the death penalty for terminating a pregnancy. The bill will serve as a model for other states. Resources/Articles mentioned in this episode: NBC News: Israel strikes Hamas leadership in Qatar, which had been mediating a ceasefire in Gaza Axios: Israel's attack in Qatar infuriated Trump advisers, officials say Axios: Supreme Court pauses judge's order on Trump foreign aid freeze Axios: Supreme Court to expedite Trump tariff case appeal AP News: Appeals court upholds E. Jean Carroll's $83.3M defamation judgment against Trump CNBC: Jobs report revisions September 2025: Axios: Gender pay gap is getting wider, reversing progress Substack: South Carolina Republicans Move to Ban Birth Control Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

P.M. Edition for Sept. 9. The Labor Department's Bureau of Labor Statistics said today that the U.S. added 911,000 fewer jobs over the 12 months that ended in March. WSJ economics reporter Justin Lahart explains what that means for the U.S. economy. Plus, new data from the Census Bureau shows that inflation erased Americans' income gains last year. Journal economics reporter Konrad Putzier breaks down the data and discusses what that says about the economy President Trump inherited. And Israel has attacked Hamas's leadership in Doha, Qatar. We hear from WSJ senior Middle East correspondent Summer Said about the impact this strike could have on peace negotiations. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices