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This week on The Necessary Conversation, we break down a chaotic and dangerous moment in U.S. politics: a rapidly expanding war with Iran, newly released FBI interview summaries tied to the Epstein investigation, the firing of Homeland Security Secretary Kristi Noem, and a weakening U.S. economy. We ask the questions many Americans are asking right now—and some the government doesn't want asked.⚔️ War With Iran EscalatesTrump's war with Iran intensified this week as missile and drone strikes spread across the Middle East, impacting U.S. bases and global oil shipping routes. Gas prices jumped, markets dropped, and the administration still has no clearly stated end goal for the conflict.We discuss:What the real objective of the war might beRising global tensions with Russia and China now backing IranThe growing cost of the war—estimated at $1 billion per dayWhether this conflict could spiral into a much larger global crisis
Bruce & Gaydos share the details of the latest Labor Department jobs report.
P.M. Edition for Mar. 6. The Labor Department said today that the U.S. lost 92,000 jobs in February—a greater drop than economists expected. WSJ economics reporter Justin Lahart discusses the sectors affected, and what this report means for the Federal Reserve. Plus, President Trump calls for “unconditional surrender” in Iran. And WSJ markets reporter Hannah Erin Lang says U.S. stocks dropped after the weak employment report, while oil prices continued their rise, notching their biggest weekly gain on record. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
February's jobs numbers are a disappointment, as the Labor Department reported the U.S. economy shed 92,000 jobs last month. Meanwhile, military conflict in Iran has sparked a surge in oil prices, raising concerns over how high they could go and how long the increase will last. Michael Lee, founder of Michael Lee Strategy, joins FOX Business Contributor Lou Basenese to discuss the jobs data, the Mideast conflict's impact on energy, and why investors have reasons to be optimistic despite some of the recent economic headlines. Then, Lee discusses which AI companies he's watching and why the fear of AI killing software jobs may be overblown. Learn more about your ad choices. Visit podcastchoices.com/adchoices
President Donald Trump says he will accept only 'unconditional surrender' from Iran and there are reports Russia is providing intelligence to Iran to target U.S. military positions in the Middle East; Jobs report from the Labor Department shows the U.S. lost 92,000 jobs in February and the unemployment rate went up from 4.3% to 4.4%. We will talk about the jobs report and the effect of the war with Iran on the economy with Courtenay Brown, Axios Senior Economics reporter (18); former Presidents Barack Obama, Joe Biden and Bill Clinton pay tribute to the late Rev. Jesse Jackson at his funeral in Chicago; Gov. Gavin Newsom (D-CA) tells C-SPAN about a late night phone call he had with President Trump; 2026 Paralympics open in Italy with some European countries boycotting because athletes from Russia & Belarus are being allowed to compete. Learn more about your ad choices. Visit megaphone.fm/adchoices
Kevin discusses the following topics and covers the following stories: changes at the Department of Homeland Security; the Federal Reserve released their latest "Biege Bokk," a collection of nationwide anecdotes and data; the U.S. Labor Department reported the Weekly Jobless Claims, Challenger, Gray & Christmas reported layoffs announced by U.S.-based employers; the U.S. Labor Department reported 4th Qtr. Labor Productivity; U.S. Ports report their January throughput; Kevin has the details, sorts through the data, puts the information into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
February's jobs numbers are a disappointment, as the Labor Department reported the U.S. economy shed 92,000 jobs last month. Meanwhile, military conflict in Iran has sparked a surge in oil prices, raising concerns over how high they could go and how long the increase will last. Michael Lee, founder of Michael Lee Strategy, joins FOX Business Contributor Lou Basenese to discuss the jobs data, the Mideast conflict's impact on energy, and why investors have reasons to be optimistic despite some of the recent economic headlines. Then, Lee discusses which AI companies he's watching and why the fear of AI killing software jobs may be overblown. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Professor Hoffman joined Bruce & Gaydos to share his analysis of a report from the Labor Department that showed employers cut 92,000 jobs in February when economists expected the U.S. would continue adding jobs.
February's jobs numbers are a disappointment, as the Labor Department reported the U.S. economy shed 92,000 jobs last month. Meanwhile, military conflict in Iran has sparked a surge in oil prices, raising concerns over how high they could go and how long the increase will last. Michael Lee, founder of Michael Lee Strategy, joins FOX Business Contributor Lou Basenese to discuss the jobs data, the Mideast conflict's impact on energy, and why investors have reasons to be optimistic despite some of the recent economic headlines. Then, Lee discusses which AI companies he's watching and why the fear of AI killing software jobs may be overblown. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Kevin discusses the following topics and covers the following stories: changes at the Department of Homeland Security; the Federal Reserve released their latest "Biege Bokk," a collection of nationwide anecdotes and data; the U.S. Labor Department reported the Weekly Jobless Claims, Challenger, Gray & Christmas reported layoffs announced by U.S.-based employers; the U.S. Labor Department reported 4th Qtr. Labor Productivity; U.S. Ports report their January throughput; Kevin has the details, sorts through the data, puts the information into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
Parts of the Great Lakes region have seen their coldest winter in more than a decade, and maple syrup farmers are rejoicing. The cold snap has been perfect for making maple syrup. Today, we'll head to a syrup farm in Middlefield, Ohio, to learn about the process — and economics — behind the pancake breakfast staple. But first, the Labor Department has proposed a new rule on whether workers are classified as gig workers or employees.
Parts of the Great Lakes region have seen their coldest winter in more than a decade, and maple syrup farmers are rejoicing. The cold snap has been perfect for making maple syrup. Today, we'll head to a syrup farm in Middlefield, Ohio, to learn about the process — and economics — behind the pancake breakfast staple. But first, the Labor Department has proposed a new rule on whether workers are classified as gig workers or employees.
Kevin covers the following stories: the Blood Moon that wasn't; Labor Department to rescind Biden-era Independent Contractor rule; the Institute for Supply Management released their survey of manufacturers and prices-paid gauge; geopolitical events are affecting oil, gas, and energy transportation prices; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
Kevin covers the following stories: the Blood Moon that wasn't; Labor Department to rescind Biden-era Independent Contractor rule; the Institute for Supply Management released their survey of manufacturers and prices-paid gauge; geopolitical events are affecting oil, gas, and energy transportation prices; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
Kevin covers the following stories: the U.S. Labor Department released the Weekly Initial Jobless Claims and Continuing Claims Report; Massachusetts and Wisconsin prosecute CDL test cheating schemes; Who shares the cab with truckers?; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and offers a few opinions.
Kevin covers the following stories: the U.S. Labor Department released the Weekly Initial Jobless Claims and Continuing Claims Report; Massachusetts and Wisconsin prosecute CDL test cheating schemes; Who shares the cab with truckers?; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and offers a few opinions. See omnystudio.com/listener for privacy information.
Kevin covers the following stories: the U.S. Labor Department released the Weekly Initial Jobless Claims and Continuing Claims Report; Massachusetts and Wisconsin prosecute CDL test cheating schemes; Who shares the cab with truckers?; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and offers a few opinions. See omnystudio.com/listener for privacy information.
The Education Department is handing off more work to other federal agencies, as part of plans to dismantle its operations. It's sharing some of its duties with the departments of State Department and the Department of Health and Human Services. Education transferred some of its employees to the Labor Department last year. But so far, no employees have been detailed to State or HHS. Federal News Network's Jory Heckman has more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Kevin covers the following stories: the Labor Department reported the U.S. Weekly Jobless Claims; some highlights in the minutes from the recent Federal Reserve meeting; the Conference Board, a research group, reported the Leading Economic Index; a story from The Wall Street Journal, pointed to a number of companies announcing price increases, hint, the reason is not what you have been led to believe; Kevin has the data, digs into the data, puts the information into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
Kevin covers the following stories: the Labor Department reported the U.S. Weekly Jobless Claims; some highlights in the minutes from the recent Federal Reserve meeting; the Conference Board, a research group, reported the Leading Economic Index; a story from The Wall Street Journal, pointed to a number of companies announcing price increases, hint, the reason is not what you have been led to believe; Kevin has the data, digs into the data, puts the information into historical perspective, offers his insights and opinions.
Kevin covers the following stories: the Labor Department reported the U.S. Weekly Jobless Claims; some highlights in the minutes from the recent Federal Reserve meeting; the Conference Board, a research group, reported the Leading Economic Index; a story from The Wall Street Journal, pointed to a number of companies announcing price increases, hint, the reason is not what you have been led to believe; Kevin has the data, digs into the data, puts the information into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
Kevin covered the following stories: the U.S. Labor Department released the Weekly Initial Jobless Claims Report; the National Association of Realtors reported January Existing Home Sales; now that most States have decriminalized marijuana, The New York Times Editorial Board revisits their 2014 support for legalization; Kevin has the details, sorts through the data, puts the information into historical perspective, offers his insights and opinions. See omnystudio.com/listener for privacy information.
Kevin covered the following stories: the U.S. Labor Department released the Weekly Initial Jobless Claims Report; the National Association of Realtors reported January Existing Home Sales; now that most States have decriminalized marijuana, The New York Times Editorial Board revisits their 2014 support for legalization; Kevin has the details, sorts through the data, puts the information into historical perspective, offers his insights and opinions.
Kevin covered the following stories: the U.S. Labor Department released the Weekly Initial Jobless Claims Report; the National Association of Realtors reported January Existing Home Sales; now that most States have decriminalized marijuana, The New York Times Editorial Board revisits their 2014 support for legalization; Kevin has the details, sorts through the data, puts the information into historical perspective, offers his insights and opinions. See omnystudio.com/listener for privacy information.
Attorney General Pam Bondi testifies before the House Judiciary Committee with many of the questions about the Justice Department's handling of files related to sex offender Jeffrey Epstein and many news articles describing her exchanges with Democrats on the committee as 'sparring' or 'combative'; Senate Democrats indicate they will oppose extending Homeland Security Department funding beyond Friday's deadline, even for a short time, without acceptable reforms to immigration enforcement attached; House votes on a bill to require proof of U.S. citizenship to vote; January jobs report from the Labor Department is stronger than many expected; House votes on a resolution to overturn President Donald Trump's emergency declaration that allowed him to put tariffs on Canada; President Trump promotes the use of coal; New federal deficit & national debt projects from the Congressional Budget Office; Senate Democrats are outraged that federal prosecutors tried to get an indictment against six Democratic lawmakers who posted a video telling active-duty members of the military and intelligence community they should refuse illegal orders. The grand jury refused to indict; Former boxing champion Mike Tyson talks about his Super Bowl ad promoting the Trump Administration's new dietary guidelines. Learn more about your ad choices. Visit megaphone.fm/adchoices
The jobs report from the Labor Department was a double edge sword. On one hand encouraging on the other it puts doubts on another Fed rate cut. We'll start there this evening. This is the Business News Headlines for Wednesday the 11th day of February, thanks for listening. In other news, the buildout of EV charging stations continues however there is a roadblock coming from the Trump Administration. Let's talk deficits and the national debt shall we? McDonald's gets it…it's all about affordability. We'll check the numbers in The Wall Street Report and Google is offering buyouts to employees. For the conversation you'll meet Nick McGargill from Tap Pay Solutions based in Omana…we're about to discuss credit card machines that should be of interest to lots of folks. 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.
February, 8 2026, 8AM; This week the Labor Department said job openings in December dropped to their lowest level in five years,and layoffs surged in January to their highest level since 2009 during the Great Recession. Even members of President Trump's party are raising the alarm heading into this year's midterms. Senate Repbulicans worry backlash to Trump's handling of the economy and his aggressive deportation policies could cause a Democratic wave that sweeps both the House and Senate. Rep. Debbie Dingell (D-MI) joins The Weekend to discuss the current state of the economy. Actor Lena Waithe also joins The Weekend to discuss her new play Trinity and the Trump administration's attempt to rewrite Black history in America.For more, follow us on social media:Bluesky: @theweekendmsnow.bsky.socialInstagram: @theweekendmsnowTikTok: @theweekendmsnow To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Kevin covers the following stories: the Federal Motor Carrier Safety Administration (FMCSA) Warns Carriers of Aggressive Phishing Scheme; the U.S. Labor Department reported Weekly Jobless Claims; oil prices react to on again, off again U.S. - Iran talks schedule for later today, concerns regarding the safety of ships moving through the Strait of Hormuz in the Red Sea between Iran and Oman, strength of the U.S. dollar, inventory levels and trade deals; Kevin has the details, digs through the data, puts the information into historical perspective, offers his insights and opinions.
Kevin covers the following stories: the Federal Motor Carrier Safety Administration (FMCSA) Warns Carriers of Aggressive Phishing Scheme; the U.S. Labor Department reported Weekly Jobless Claims; oil prices react to on again, off again U.S. - Iran talks schedule for later today, concerns regarding the safety of ships moving through the Strait of Hormuz in the Red Sea between Iran and Oman, strength of the U.S. dollar, inventory levels and trade deals; Kevin has the details, digs through the data, puts the information into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
Kevin covers the following stories: the Federal Motor Carrier Safety Administration (FMCSA) Warns Carriers of Aggressive Phishing Scheme; the U.S. Labor Department reported Weekly Jobless Claims; oil prices react to on again, off again U.S. - Iran talks schedule for later today, concerns regarding the safety of ships moving through the Strait of Hormuz in the Red Sea between Iran and Oman, strength of the U.S. dollar, inventory levels and trade deals; Kevin has the details, digs through the data, puts the information into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
Another Government shutdown is upon us; the U.S. Labor Department released the Producer Price Index; S&P Global U.S. Manufacturing Purchasing Managers Index has been released including-new orders, production, employment, supplier deliveries, etc.; Amazon announces Corporate job cuts; oil prices react to geopolitical events, a stronger dollar, milder U.S. weather forecasts and OPEC+ production announcements; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions. See omnystudio.com/listener for privacy information.
Another Government shutdown is upon us; the U.S. Labor Department released the Producer Price Index; S&P Global U.S. Manufacturing Purchasing Managers Index has been released including-new orders, production, employment, supplier deliveries, etc.; Amazon announces Corporate job cuts; oil prices react to geopolitical events, a stronger dollar, milder U.S. weather forecasts and OPEC+ production announcements; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions.
Another Government shutdown is upon us; the U.S. Labor Department released the Producer Price Index; S&P Global U.S. Manufacturing Purchasing Managers Index has been released including-new orders, production, employment, supplier deliveries, etc.; Amazon announces Corporate job cuts; oil prices react to geopolitical events, a stronger dollar, milder U.S. weather forecasts and OPEC+ production announcements; Kevin has the details, digs into the data, puts the information into historical perspective, offers his insights and opinions. See omnystudio.com/listener for privacy information.
The U.S. Labor Department reported Weekly Initial Jobless Claims; media analysis of the Federal Reserve's decision to leave interest rates unchanged; Toyota, Volkswagen and Hyundia report 2025 sales, which company was the world's top-selling automaker and what was the effect of tariffs? Actor Edward Norton promotes ship emission-cutting technology; Omdia Automotive reported December U.S. Class 8 Truck Sales; oil prices react to geopolitical events and a weaker US dollar; Kevin has the details, digs into the data , puts the information into historical perspective, offers his insights and a few opinions along the way.
The U.S. Labor Department reported Weekly Initial Jobless Claims; media analysis of the Federal Reserve's decision to leave interest rates unchanged; Toyota, Volkswagen and Hyundia report 2025 sales, which company was the world's top-selling automaker and what was the effect of tariffs? Actor Edward Norton promotes ship emission-cutting technology; Omdia Automotive reported December U.S. Class 8 Truck Sales; oil prices react to geopolitical events and a weaker US dollar; Kevin has the details, digs into the data , puts the information into historical perspective, offers his insights and a few opinions along the way. See omnystudio.com/listener for privacy information.
The U.S. Labor Department reported Weekly Initial Jobless Claims; media analysis of the Federal Reserve's decision to leave interest rates unchanged; Toyota, Volkswagen and Hyundia report 2025 sales, which company was the world's top-selling automaker and what was the effect of tariffs? Actor Edward Norton promotes ship emission-cutting technology; Omdia Automotive reported December U.S. Class 8 Truck Sales; oil prices react to geopolitical events and a weaker US dollar; Kevin has the details, digs into the data , puts the information into historical perspective, offers his insights and a few opinions along the way. See omnystudio.com/listener for privacy information.
Severe weather is back in the news; the U.S. Labor Department announced the Weekly Jobless Claims, Kevin points out the different ways the same information is covered by various news outlets; the Bureau of Economic Analysis (BEA) released its final reading of 3rd quarter Gross Domestic Product; BEA also released the Personal Consumption Expenditure Price Index; Kevin has the details, digs into the information, puts the data into historical perspective, offers his insights and opinions along the way.
Severe weather is back in the news; the U.S. Labor Department announced the Weekly Jobless Claims, Kevin points out the different ways the same information is covered by various news outlets; the Bureau of Economic Analysis (BEA) released its final reading of 3rd quarter Gross Domestic Product; BEA also released the Personal Consumption Expenditure Price Index; Kevin has the details, digs into the information, puts the data into historical perspective, offers his insights and opinions along the way. See omnystudio.com/listener for privacy information.
Severe weather is back in the news; the U.S. Labor Department announced the Weekly Jobless Claims, Kevin points out the different ways the same information is covered by various news outlets; the Bureau of Economic Analysis (BEA) released its final reading of 3rd quarter Gross Domestic Product; BEA also released the Personal Consumption Expenditure Price Index; Kevin has the details, digs into the information, puts the data into historical perspective, offers his insights and opinions along the way. See omnystudio.com/listener for privacy information.
Jonah Goldberg starts this Ruminant off with a bang by defending his take on the ICE shooting, then jumping headfirst into his thoughts on Labor Department posts and Woodrow Wilson's fascistic America. He also muses on his father's defense of the Shah, takes on right- and left-wing antisemitism, and tries out a new metaphor for Donald Trump.Plus, listeners will be treated to ... a confession. Shownotes:—Jonah's take on the Minneapolis ICE shooting on The Dispatch Podcast—Advisory Opinions on the ICE shooting—Goldberg slams ‘grotesque and idiotic' response by some in GOP to deadly ICE shooting—Most recent Dispatch Podcast—Mike Allen at Axios on new White House concern over immigration—“There Will Be More Renee Goods” - Jeremiah Johnson at The Dispatch—Jonah's G-File on the Department of Labor—Jonah's book, Liberal Fascism—Three New Deals: Reflections on Roosevelt's America, Mussolini's Italy, and Hitler's Germany, 1933-1939—The Remnant: John Adams Was Not an Originalist | Interview: Lindsay Chervinsky—The Remnant: Patriots and Loyalists | Interview: Ken Burns—Foer in The Atlantic: ‘MAGA's Jewish Intellectuals Helped Create Their Own Predicament'—Yoni Appelbaum on The Remnant—Foer: ‘The Golden Age of American Jews Is Ending'—Eli Lake on The Commentary Podcast—Mike Nelson in The Dispatch on America's red lines The Remnant is a production of The Dispatch, a digital media company covering politics, policy, and culture from a non-partisan, conservative perspective. To access all of The Dispatch's offerings—including access to all of Jonah's G-File newsletters—click here. If you'd like to remove all ads from your podcast experience, consider becoming a premium Dispatch member by clicking here. Learn more about your ad choices. Visit megaphone.fm/adchoices
President of the Chicago Federal Reserve Austan Goolsbee and CNBC's Steve Liesman digest the latest jobless claims report from the Labor Department, the Federal Reserve's best path to lowering inflation, and the independence of the U.S. central bank as the DOJ pursues a criminal investigation of Fed Chair Jay Powell. Iranians continue protesting despite deaths throughout the country. Former White House Foreign Policy Advisor under President George W. Bush Dan Senor discusses the high stakes for the entire globe, as the U.S. weighs intervention. Steve Liesman - 11:29Dan Senor - 18:35Austan Goolsbee - 31:16 In this episode:Austan Goolsbee, @Austan_GoolsbeeSteve Liesman, @steveliesmanJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Supreme Court hears cases challenging state law banning transgender girls and women from playing on school sports teams, and according to many news articles, a majority of Justices are leaning towards letting those laws stand; President Donald Trump tours a Ford pickup truck plant in Dearborn, Michigan before speaking at the Detroit Economic Club, as the Labor Department reports inflation in December rose 2.7 percent versus a year ago, 2.6 percent when not considering volatile food and energy prices; House takes up a bill to change a Biden-era definition of who is a tipped worker; President Trump encourages anti-government protesters in Iran, again telling them help is on the way, as the death toll reportedly tops 2,000; Congressional Progressive Caucus in the aftermath of ICE officer shootings calls for reforms of Immigration & Customs Enforcement 'militarized' tactics before any further federal funding is approved; House Republican leading the congressional investigation into Jeffrey Epstein says the Oversight Committee will move to hold former President Bill Clinton in contempt after he did not show up today to testify under subpoena in a closed-door deposition. Learn more about your ad choices. Visit megaphone.fm/adchoices
Local prosecutor in Minneapolis is asking the public to send her video or other evidence related to the fatal shooting of a woman by an Immigration & Customs Enforcement officer because she is concerned the FBI will not share its evidence with her investigators; Oregon's Attorney General says his office has a good working relationship with the FBI in the now-launched investigation an ICE officer shooting of two people in Portland; Senate Republican leaders visit the U.S.-Mexico border to promote the border security funding contains in last year's law known as the One Bill Beautiful Bill; Labor Department releases the December jobs report: 55,000 jobs created, unemployment ticks down to 4.4%; President Donald Trump meets with oil & gas company executives at the White House to discuss investment in Venezuela's oil sector after the U.S. military captured President Nicolas Maduro; Kentucky and Vermont Governors deliver their annual State of the State addresses. Learn more about your ad choices. Visit megaphone.fm/adchoices
Kevin covers the following stories: U.S. Labor Department reported the Weekly Initial Jobless Claims; how different news outlets report the same Initial Jobless Claims numbers; Oxford Economics takes a look at supposed layoffs due to AI; the Federal Reserve Bank of San Francisco takes an interesting view on higher tariffs; data regarding the U.S. economy's "secret weapon" was released yesterday; Kevin has the details, sifts through the data, puts the information into historical perspective, offers his insights and a few opinions along the way.
Kevin covers the following stories: U.S. Labor Department reported the Weekly Initial Jobless Claims; how different news outlets report the same Initial Jobless Claims numbers; Oxford Economics takes a look at supposed layoffs due to AI; the Federal Reserve Bank of San Francisco takes an interesting view on higher tariffs; data regarding the U.S. economy's "secret weapon" was released yesterday; Kevin has the details, sifts through the data, puts the information into historical perspective, offers his insights and a few opinions along the way. See omnystudio.com/listener for privacy information.
The U.S. Labor Department reported Weekly Jobless Claims last week; Kevin interviews Sam Collier, Dean of Manufacturing & Transportation Technology, Gateway Community & Technical College regarding Gateway's CDL training program; the U.S. Commerce Department released the October Durable Goods Orders; Kevin looks at the economic reports, digs into the details, puts the data into historical perspective, offers his insights and opinions.See omnystudio.com/listener for privacy information.
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
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
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.