Podcasts about labor department

Kevin pays tribute to the life of Turning Point USA founder Charlie Kirk; speaks with Jody Pollard, Senior Vice President, Truck and Aftermarket Sale and Robb Nixon, Vice President Sales about a wide range of topics including the Section 179 deduction, Freight Recovery, Tariff Clarity, 2027 Emission Regulation, Interest Rates, Tariff related supply chain issues and biggest concerns being heard from customers; the U.S. Labor Department reported the Consumer Price Index and Core Consumer Price Index; the U.S. Labor Department reported Initial Jobless Claims; European Central Bank actions versus our Federal Reserve action; Kevin has the details, digs into the data, puts the information into historical perspective and offers his insights and an opinion or two along the way. Oil and gas prices react to possible softening of U.S. demand, U.S. consumer price data and Saudi Arabia increasing exports to China . 

The Census Bureau finds that the gap between what women and men earned in 2024 widened. Typical wages for men increased 3.7%, but stayed flat for women. Also on this morning's program: An internal watchdog at the Labor Department has launched a probe into how the U.S. Bureau of Labor Statistics collects and reports economic data. Plus, new data found that foreclosure activity is up 18%. How worried should we be?

The Census Bureau finds that the gap between what women and men earned in 2024 widened. Typical wages for men increased 3.7%, but stayed flat for women. Also on this morning's program: An internal watchdog at the Labor Department has launched a probe into how the U.S. Bureau of Labor Statistics collects and reports economic data. Plus, new data found that foreclosure activity is up 18%. How worried should we be?

Kevin covers the following stories: the U.S. Labor Department reported the Producer Price Index and Core Producer Price Index; how some in the media are covering the same news; The National Federation of Independent Business Optimism Index was released; the American Trucking Associations published the 2025 edition of American Trucking Trends; Transportation groups sent a letter to House and Senate transportation leaders detailing Highway Bill priorities; Kevin has the details, digs into the details, puts the information in historical perspective, offers his insights and an opinion or two. Kevin points out the various economic and geopolitical events affecting oil and gas prices.

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

AP's Lisa Dwyer reports that there will be more scrutiny of the Bureau of Labor Statistics.

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

The U.S. labor market created 911,000 fewer jobs than initially thought for the year ending in March, according to the Labor Department's updated jobs data. Sandra Swirski joins to discuss the implications of this downward revision and what it may signal about the health of the broader economy. With concerns around tariffs and consumer confidence also weighing on businesses, Swirski shares her thoughts on what it will take to boost the labor market and her economic outlook for the rest of the year, including the potential impact of the Federal Reserve's next move on interest rates.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

The Labor Department reports the economy added 22,000 jobs in August, Public Health officials are encouraging people to take precautions as cases of West Nile increase, and the old farmers almanac is out with its forecast. Stay in "The Loop" with WBZ NewsRadio. 

Labor Department says the U.S. added just 22,000 jobs in August, lower than expectations, and the unemployment rate goes up to 4.3%. President Donald Trump says the real jobs numbers will be next year, after his policies have a chance to take effect; Sen. Elissa Slotkin (D-MI) talks about her vision of keeping the needs of the U.S. middle class front and center in U.S. foreign policy; Heritage Foundation think tank is about to publish a paper recommending government policies reward and promote married heterosexual couples having more children. We will talk about the implications with Jay Zigmont, CEO of Childfree Trust (12); President Trump to sign an Executive Order on renaming the Department of Defense to the Department of War, the name it had from its creation in 1789 until 1949; U.S. Attorney for the DC Jeanine Pirro says two 17 year old suspects have been arrested in the fatal shooting of a 21-year old Capitol Hill intern in June.. and they will be tried as adults; New York City Mayor Eric Adams says he is staying in the race for reelection as an independent, after reports the Trump Administration made him job offers to drop out to try to block the election of Democratic nominee Zohran Mamdani; British Deputy Prime Minister Angela Rayner resigns after admitting  she failed to pay enough taxes when she bought an apartment, leading to a major shakeup in the Labour government. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. employers added just 22,000 jobs last month. The Labor Department said on Friday that hiring decelerated from 79,000 in July. The unemployment rate ticked up to 4.3 percent, which was also worse than expected and the highest level since 2021. The Labor Department reported on Thursday that the number of Americans applying for unemployment benefits—a proxy for layoffs—rose last week to the highest level since June.In a Truth Social post, President Donald Trump said the United States may have lost India and Russia to China. He made the statement after Russian President Vladimir Putin and India's Narendra Modi met with Chinese leader Xi Jinping this week as Beijing pushes a new world order. An Indian foreign ministry spokesperson declined to comment when asked about Trump's post.

Kevin covers the following stories; the U.S. Labor Department reported the Weekly Initial Jobless Claims; ADP released their Private-Sector Jobs Report; Americas Commercial Transportation Research Co. (ACT) reported July Used Class 8 Truck Sales; Freight Groups indicate their agenda as Congress puts together the next comprehensive policy for the nation's transportation system; Kevin has the details, digs through the information, puts the data into historical perspective, offers his insights and offers some opinions along the way. Oil and gas prices react to a surprise build in U.S. crude inventories, anticipated OPEC+ increasing production increases and other geo-political events.

Today's West Coast Cookbook & Speakeasy Podcast for our especially special Daily Special, Blue Moon Spirits Fridays, is now available on the Spreaker Player!Starting off in the Bistro Cafe, the most dangerous nepo baby in American history was not put under oath by the MAGA Chairman from Idaho when he repeatedly lied in the Senate Health Department hearing.​​​​​​Then, on the rest of the menu, five-time draft-dodger Trump really wants to rebrand the Department of Defense to the Department of War; Brett Kavanaugh is doing his best to rebrand the Supreme Court's “shadow docket” by another name; and, US employers adding just 22,000 jobs last month means Trump will fire whoever at the Labor Department released the report.After the break, we move to the Chef's Table where South Korea expressed ‘concern and regret' over a US immigration raid at Hyundai's Georgia plant that apprehended over four-hundred-fifty South Koreans, including the executives; and, prosecutors in Argentina charged the daughter of a fugitive Nazi official with trying to hide a stolen 18th-century painting from authorities.All that and more, on West Coast Cookbook & Speakeasy with Chef de Cuisine Justice Putnam.Bon Appétit!The Netroots Radio Live Player​Keep Your Resistance Radio Beaming 24/7/365!“Structural linguistics is a bitterly divided and unhappy profession, and a large number of its practitioners spend many nights drowning their sorrows in Ouisghian Zodahs.” ― Douglas Adams "The Restaurant at the End of the Universe"Become a supporter of this podcast: https://www.spreaker.com/podcast/west-coast-cookbook-speakeasy--2802999/support.

Kevin covers the following stories; the U.S. Labor Department reported the Weekly Initial Jobless Claims; ADP released their Private-Sector Jobs Report; Americas Commercial Transportation Research Co. (ACT) reported July Used Class 8 Truck Sales; Freight Groups indicate their agenda as Congress puts together the next comprehensive policy for the nation's transportation system; Kevin has the details, digs through the information, puts the data into historical perspective, offers his insights and offers some opinions along the way. Oil and gas prices react to a surprise build in U.S. crude inventories, anticipated OPEC+ increasing production increases and other geo-political events.

Kevin talks about GasBuddy's National Average Price Per Gallon Labor Day comparison over the last 5 years. This past Thursday, The U.S. Labor Department reported Weekly Initial Jobless Claims; the U.S. Bureau of Economic Analysis (BEA) released the latest estimate of 2nd Quarter Gross Domestic Product; BEA also released profits on various corporations.

Kevin talks about GasBuddy's National Average Price Per Gallon Labor Day comparison over the last 5 years. This past Thursday, The U.S. Labor Department reported Weekly Initial Jobless Claims; the U.S. Bureau of Economic Analysis (BEA) released the latest estimate of 2nd Quarter Gross Domestic Product; BEA also released profits on various corporations.

Anthony D'Esposito, Former Congressman & Inspector General for the United States Department of Labor nominee, calls into the show to discuss his anticipated role as the Inspector General of the Labor Department under President Trump. The conversation covers D'Esposito's thoughts on President Trump's policies to make cities safer, contrasting them with the approaches of Democratic leaders. The discussion also touches on local politics in Nassau County, including key political races and the efforts to maintain safety and combat progressive agendas. Learn more about your ad choices. Visit megaphone.fm/adchoices

Kevin covered the following stories: The U.S. Labor Department released the Weekly Jobless Claims; the National Association of Realtors reported July Existing Home Sales; Walmart released their 2nd Quarter revenue, earnings and their outlook for the remainder of the year; a CNBC headline "Trump tariffs affect Walmart prices" (hint: NOT SO FAST)  . Kevin has the details, digs through the numbers, puts the information in historical perspective, offers his insights and opinions along the way. Oil reacts to stalled Russia-Ukraine peace talks and an uncertain path, U.S. data showing signs of strong demand.

In this week's episode, our experts review the now-stale minutes from July's Federal Open Market Committee (FOMC) meeting, Fed Chairman Jerome Powell's new dovishness from the Jackson Hole Economic Symposium, and what to look out for in the coming weeks as we near the end of a notable summer. Speakers:Brian Pietrangelo, Managing Director of Investment StrategyGeorge Mateyo, Chief Investment OfficerRajeev Sharma, Managing Director of Fixed IncomeStephen Hoedt, Head of Equities 02:30 – We highlight this week's economic releases: the Labor Department reports that weekly unemployment claims rose slightly but remained stable over the past 18 months, and the National Association of Realtors reports that existing home sales rose by 2% in July.03:43 – The July FOMC minutes were hawkish, and show Committee member concerns over tariff-driven inflation, elevated asset valuations, and that the current fed funds rate may not be far above neutral. The meeting pre-dated the weaker July employment report and subsequent shift in focus from inflation to the cooling jobs market.04:52 – Federal Reserve Chair Jerome Powell appears to pivot towards a dovish stance and emphasizing the downside risks to the labor market at the Jackson Hole Economic Symposium; expectations of a rate-cutting cycle beginning in September shot up and Treasury yields dropped sharply in response.07:47 – Political turmoil continues to put pressure on the Federal Reserve on allegations of mortgage fraud against Fed Governor Lisa Cook, who has been pressured to resign or face removal by President Trump. 12:45 – We discuss the apparent bifurcation in the economy, with weakness in consumer spending offset by strength in business investment, particularly in data centers and artificial intelligence.16:46 – We anticipate how the market might react to an upcoming earnings report from Nvidia and news that the federal government is considering taking ownership positions in tech stocks. Additional ResourcesRead: Key Questions: How Does Key Wealth Define Quality Within Our Internally Managed Equity Strategies?Watch: Planning Implications of the One Big Beautiful Bill (OBBB) ActKey Questions | Key Private BankSubscribe to our Key Wealth Insights newsletterWeekly Investment BriefFollow us on LinkedIn

Kevin covered the following stories: The U.S. Labor Department released the Weekly Jobless Claims; the National Association of Realtors reported July Existing Home Sales; Walmart released their 2nd Quarter revenue, earnings and their outlook for the remainder of the year; a CNBC headline "Trump tariffs affect Walmart prices" (hint: NOT SO FAST)  . Kevin has the details, digs through the numbers, puts the information in historical perspective, offers his insights and opinions along the way. Oil reacts to stalled Russia-Ukraine peace talks and an uncertain path, U.S. data showing signs of strong demand.

The Labor Department has a leading role in shaping and leading a wide range of the Trump Administration's policies and initiatives affecting the workplace.  Join David Fortney, Nita Beecher, and Adriana Joens as they discuss the significant changes DOL is undergoing in Trump 2.0, including updates on significant regulatory changes, enforcement, new voluntary compliance programs, and the expansive focus on Artificial Intelligence.Contact Fortney & Scott: Tweet us at @fortneyscott Follow us on LinkedIn Email us at info@fortneyscott.com Thank you for listening! https://www.fortneyscott.com/

The Signal Beneath the Noise Serious operators obsess over the next print, but my podcast/YouTube guest this week, Bankrate senior economic analyst, Mark Hamrick, argues the industry is missing the structural signals that actually set the cost of capital and shape demand.   Start with this premise: Data credibility is a macro variable.   When the quality of national jobs and inflation statistics is questioned, it is not just an esoteric Beltway quarrel; it becomes a pricing input for Treasuries and, by extension, mortgages, construction loans and exit cap rates.   As Hamrick puts it, the path to good decisions for households, enterprises and policymakers ‘is lined by high quality economic data, most of which is generated by the federal government.' Hamrick's concern is not theoretical. He links the chain plainly: if markets doubt the numbers guiding the Federal Reserve's dual mandate, you can ‘envision a scenario where there's less demand for our Treasury debt,' forcing higher yields to clear supply – an economy‑wide tax that lifts borrowing costs from mortgages to autos and narrows the Fed's room to maneuver.   What Happens If Trust Erodes? The near‑term catalyst for this anxiety is unusual: the Labor Department's head statistician was fired after unfavorable revisions, and an underqualified nominee has floated ideas as extreme as not publishing the data at all. Hamrick's advice for investors and executives is simple: pay attention. This may not break the system tomorrow, but it introduces risk premia where none previously existed.   Through a real estate lens, the translation is straightforward.   Underwriting already contends with volatile inputs on rents, expenses and exit liquidity; add a credibility discount on macro data and your discount rate moves against you. Prudent sponsors should stress‑test deals for a modest upward shock in base rates – an echo of Hamrick's ‘economy‑wide tax' – and consider how thinner debt markets would propagate through construction starts and refis.   Housing's Lock‑In: Inventory, Not Prices, Is the Release Valve The ‘lock‑in effect' remains the defining feature of U.S. housing. Owners sitting on sub‑3% mortgages are rationally immobile, starving resale inventory and suppressing household formation mobility, a dynamic Hamrick equates with today's ‘no hire, no fire' labor market: stable but sluggish churn. Builders fill some of the gap, but affordability remains constrained by national price firmness and still‑elevated mortgage rates relative to the pandemic trough.   What happens if mortgage rates dip to 6.25% or even 5.5%? Don't expect a binary ‘unlock.' Hamrick argues for incremental improvement rather than a light switch: lower rates would expand qualification and appetite gradually, and, crucially, free inventory. He is less worried that cheaper financing simply bids up prices; the supply response from would‑be sellers is the more powerful margin effect.   For operators underwriting for‑sale housing (build to rent or single-family home developments), the tactical read is to focus on markets where latent move‑up sellers dominate and where new‑home concessions currently set the comp stack. He also reminds us of the persistent, national‑level truth: prices have been unusually firm for years; in the U.S., homeownership is still the primary path to wealth – advantage owners, disadvantage non‑owners.   Wealth Transfer: Inequality In, Inequality Out The widely cited $84 trillion Boomer‑to‑GenX/Millennial wealth transfer via inheritance won't repair the middle class. It will mainly perpetuate asset inequality: assets beget assets, and the recipients most likely to inherit are already nearer the ‘have' column. That implies continuing bifurcation in housing demand (prime school districts, high‑amenity suburbs) alongside a renter cohort optimizing for cash‑flow goals rather than equity growth. For CRE, that supports a barbell: high‑income suburban nodes + durable rental demand where incomes grow but deposits lag.   Renting Without Shame and the Budget Reality Check Hamrick is refreshingly direct: there is no shame in renting as, perhaps, there used to be. For many households, renting is a rational bridge to other financial goals; build emergency savings, avoid surprise home maintenance expenses, and keep debt service from getting ‘too far out over your skis.'   For CRE owners, this fortifies the case for professionally managed rental product with transparent total‑cost‑of‑living and flexible lease options. For lenders, it argues for cautious debt-to-income ratios and expense reserves in first‑time buyer programs.   Tariffs, Inflation, and the New Dashboard Hamrick closes with a monitoring list to stay on top of dominant economic trends: labor market strength (monthly employment; weekly jobless claims), the inflation complex (Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures index (PCE)), and the full housing tape (mortgage rates, existing/new sales, builder confidence, starts) plus, of course, one political‑economy input now impossible to ignore: tariffs, with the effective rate at the highest level since the Great Depression.   For CRE, tariffs are not an abstract: they seep into materials costs, fit‑out budgets, and the headline inflation path that steers the Fed. Sponsors should build tariff scenarios into Guaranteed Maximum Price (GMP) contingencies and model procurement alternates.   Actionable Takeaways for CRE Professionals Price a credibility premium: Run sensitivities for higher Treasury yields if data trust wobbles; Pay attention to how easily the government can sell its debt and the extra yield investors demand on longer bonds. Both shape interest rates, which then filter into real estate cap rates. Underwrite inventory elasticity, not sticker shock: As rates ease, model inventory release ahead of price spikes; focus on submarkets with pent‑up sellers. Lean into renting's rationality: Product that aligns with household cash‑flow priorities will capture durable demand while affordability resets. Track tariffs as a construction line‑item and macro tailwind to inflation: Feed this into budgets and hold periods. My conversation with Mark really brought home how connected real estate is to the bigger capital markets picture. If you want a sense of where cap rates are heading, keep an eye on the bond market – because that's where the story starts.   *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

Fascinating on X: "During World War II, a young American officer stepped away for a quick bathroom break, and when he returned, he discovered that another officer had taken his seat on the bomber he was supposed to board. Left behind, he had no choice but to catch another plane. The bomber he was https://t.co/TlUnLdRgEj" / X Roseanne Barr Says God Told Her to Post Tweet That Ended Her Career Ryan Burge

Nvidia, a U.S.-based chip manufacturer that's now the richest company on earth, has agreed to pay the federal government 15 percent of its profits from selling its chips to China, in a deal that became public this week. Basically, the United States government is now a partner in not one, but two private companies that are selling AI technology to the country that is supposed to be our biggest competitor. White House Press Secretary Karoline Leavitt said the model could "expand in the future to other companies." But for critics, the deal is giving serious mob vibes, while also posing a national security risk. Ashley Gold, senior tech and policy reporter at Axios, explains what the deal does and why so many people — including some Republicans — are concerned about it.And in headlines: President Donald Trump and Russian President Vladimir Putin are set to meet in Alaska today, California Democratic Gov. Gavin Newsom unveiled a redistricting plan to go head-to-head against Texas Republicans, and the Trump Administration got more bad news from the Labor Department.Show Notes:Check out Ashley's – work www.axios.com/authors/agoldCall 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

Kevin covers the following stories: Tropical Storm Erin update; the Upcoming Commercial Vehicle Safety Alliance's Brake Safety Week;  the U.S. Labor Department reported U.S. Weekly Jobless Claims; the U.S. Bureau of Labor Statistics released the July Producer Price Index (PPI) and Core Producer Price Index data; Kevin has the details, sifts through the data, puts the information into historical perspective, offers his insights and an opinion or two. Oil and Gas prices react to anticipation of the Trump-Putin meeting  regarding a Russia-Ukraine ceasefire - leading to a Peace Treaty, the jump in U. S. Producer Prices, the threat of "severe consequences" should Russia not agree to peace and expectations of Federal Reserve cutting interest rates next month.

On August 7, President Trump issued a much-anticipatedexecutive order, directing the Labor Department to (re)consider barriers to defined contribution plans accessing alternative investments.  Nevin & Fred check it out – and theimplications.More specifically, an executive order directed the Secretary of Labor to, among other things, “reexamine the Department of Labor's guidance on a fiduciary's duties regardingalternative asset investments in ERISA-governed 401(k) and other defined-contribution plans” – a stance widely seen as encouraging the consideration of alternative assets in defined contribution plans, including 401(k)s and 403(b)s.The EO states as “the policy of the United States that everyAmerican preparing for retirement should have access to funds that include investments in alternative assets…”That policy is, however, conditioned to situations “when therelevant plan fiduciary determines that such access provides an appropriate opportunity for plan participants and beneficiaries to enhance the net risk-adjusted returns on their retirement assets.” While the Executive Order doesn't immediately changeanything, it sets in motion the possibility of a less restrictive regulatory view on so-called, “alternative” assets, including private markets, real estate, digital assets, and lifetime income.The Executive Order calls out “burdensome lawsuits that seek to challenge reasonable decisions by loyal, regulated fiduciaries,” as well as “stifling Department of Labor guidance” that is says has “denied millions of Americans opportunities to benefit from investment in alternative assets.”Episode ResourcesBreakingNews: Trump Signs EO to Advance Private Market Investments in 401(k)sLifetimeIncome Also Cited in Private Markets Executive OrderTalkingPoints: Pandora's BoxThingsI Worry About (12): Private Funds and 401(k) Plans - Fred ReishDOLPulls Guidance Cautioning Fiduciaries About Private Equity in 401(k)s

Kevin covers the following stories: Tropical Storm Erin update; the Upcoming Commercial Vehicle Safety Alliance's Brake Safety Week;  the U.S. Labor Department reported U.S. Weekly Jobless Claims; the U.S. Bureau of Labor Statistics released the July Producer Price Index (PPI) and Core Producer Price Index data; Kevin has the details, sifts through the data, puts the information into historical perspective, offers his insights and an opinion or two. Oil and Gas prices react to anticipation of the Trump-Putin meeting  regarding a Russia-Ukraine ceasefire - leading to a Peace Treaty, the jump in U. S. Producer Prices, the threat of "severe consequences" should Russia not agree to peace and expectations of Federal Reserve cutting interest rates next month.

Retail sales in the United States increased by 0.5 percent in July, with auto dealerships, home furnishings, and online retailers reporting strong gains as consumers accelerated purchases ahead of new tariffs and anticipated price hikes. Electronics stores saw decreased sales, and restaurant spending declined as more people ate at home. Economists attribute much of the sales surge to consumers seeking to avoid higher prices from tariffs, with companies like Walmart and Warby Parker raising prices on select products or adjusting supply chains. The Labor Department reported slower job growth, and wholesale inflation rose nearly one percent, indicating potential future price increases for consumers.Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

Washington, DC Mayor Muriel Bowser and Police Chief Pamela Smith meet with U.S. Attorney General Pam Bondi about implementing President Donald Trump's putting DC police under federal control and calling out the DC National Guard to deal with crime & homelessness; Georgia Bureau of Investigation says the gunman in the deadly shooting at the Centers for Disease Control and Prevention last week died by a self-inflicted gunshot wound and had written that he “wanted to make the public aware of his public distrust of the COVID-19 vaccines”; Labor Department says the Consumer Price Index for July was 2.7% year over year, same as June; President Trump has extended trade talks with China for another 90 days, preventing a dramatic increase in tariffs. We will talk about it with Trevor Hunnicutt, Reuters White House Correspondent (23); Gov. Greg Abbott's (R-TX) threat to call endless special legislative sessions if Texas House Democrats continue denying a quorum to pass a new Congressional redistricting map written by Republicans could be tested as early as this week; Latest on preparations for the meeting between President Trump & Russian President Vladimir Putin in Alaska on Friday to discuss the war in Ukraine; U.S. indicts a notorious gang leader in Haiti who is trying to overthrow the government. Learn more about your ad choices. Visit megaphone.fm/adchoices

Last Thursday, the U.S. Labor Department released the Initial Jobless Claims Report; additionally the department released Worker Productivity and Worker Output; the Federal Motor Carrier Safety Administration released data indicating the number of Out Of Service violations for English-language proficiency requirements; Kevin has the details, digs through the data, puts the information in historic perspective, offers his insights and an opinion or two. Kevin has the latest crude oil and gas prices.

Howard Gleckman, a senior fellow at the Urban Institute and Forbes columnist, provided a comprehensive overview of recent public policy changes affecting older adults. Drawing from his expertise in aging and tax policy—stemmed from personal caregiving experiences—Gleckman analyzed the implications of the Trump administration's "big beautiful bill" and related executive actions as of August 2025. The focus was on Medicaid and Medicare reforms, which could reshape long-term care, costs, and access for millions of seniors and people with disabilities.Medicaid, which supports about 7.2 million seniors and 4.8 million younger disabled individuals (dual eligibles), faces a $1 trillion reduction in federal spending over the next decade. Key changes include:Work Requirements and Paperwork: Starting potentially in December 2026, states must impose work mandates, though older adults and those with disabilities are exempt. Family caregivers' status remains unclear, risking benefit loss for those quitting jobs to provide care. Recertification is now required at least twice yearly, increasing administrative burdens and potentially deterring eligible recipients.Funding Reductions: Limits on state provider taxes (e.g., on nursing homes) will cut federal contributions by about $120 billion starting in 2028. Expansion states under the Affordable Care Act lose extra funding from January 2026, forcing tough choices: cut benefits, limit eligibility, or raise taxes. Gleckman warned that optional home and community-based services (HCBS) are most vulnerable, as nursing home care remains mandatory. While the bill allows states to expand HCBS for less needy individuals without lengthening waitlists, funding cuts make this unlikely.Staffing and Workforce Impacts: The bill repeals Biden-era minimum staffing rules for nursing homes until 2034. Combined with mass deportations, this exacerbates shortages of direct care workers, driving up costs for facilities and families.Gleckman emphasized that states may prioritize institutional care over community-based options, potentially worsening outcomes for older adults preferring to age at home.Despite campaign promises to protect Medicare, changes aim to curb fraud, boost efficiency, and emphasize prevention—but at the risk of higher costs and reduced access:Prior Authorization Expansion: For the first time, traditional fee-for-service Medicare will require prior approval for 17 procedures (e.g., back surgeries, pain injections) in a six-state demo (New Jersey, Ohio, Oklahoma, Texas, Arizona, Washington). CMS plans to use AI for reviews, with human oversight.Payment Adjustments: Skilled nursing facilities see a 2.8% payment increase for 2026, deemed insufficient by the industry. Home health agencies face a 6.4% cut ($1 billion+), sparking bipartisan opposition. The Labor Department repealed Obama-era rules, allowing home care workers to earn below federal minimum wage ($7.25/hour) and exempting them from overtime, per state laws.Enrollment and Programs: Easier enrollment in Medicare Savings Programs (for low-income beneficiaries) is delayed until 2034. The GUIDE program for dementia care navigation continues but with penalties if it fails to improve outcomes or save money. Value-based care is expanding, rewarding providers for quality over volume.Drug Pricing and Hospice: Trump favors "most favored nation" pricing to align U.S. drug costs with foreign markets, potentially supplementing Biden's negotiations. Hospice faces crackdowns on alleged fraud, though details are pending.Gleckman noted deregulation of nursing homes (e.g., rolling back transparency rules) and potential reductions in Medicare Advantage supplemental benefits like gym memberships due to insurer financial pressures.

Last Thursday, the U.S. Labor Department released the Initial Jobless Claims Report; additionally the department released Worker Productivity and Worker Output; the Federal Motor Carrier Safety Administration released data indicating the number of Out Of Service violations for English-language proficiency requirements; Kevin has the details, digs through the data, puts the information in historic perspective, offers his insights and an opinion or two. Kevin has the latest crude oil and gas prices.

TikTok banned Jackie and Dunlap... for talking about Trump?  If you wanna yell at 'em for us, our account there was called jackieanddunlap. But we're still up at https://www.instagram.com/redstateupdate/ https://www.youtube.com/user/travisandjonathan https://www.facebook.com/redstateupdate/ Thank you kindly! Also makin us mad this week: Hegseth may run for Tennessee governor. What about Marsha Blackburn? Hegseth's preacher, Idaho Doug Wilson of Christ Church, wants women not to vote, thinks slavery wasn't that bad, other dumb mean stuff. Army denying retirement benefits to trans soldiers. Confederate monument to return to Arlington. Dean Cain recruits for ICE. Texas sends the FBI after Democrats. Trump to build a $200 million golden ballroom at the White House. Ghislaine Maxwell moved to nice jail. Trump fires Labor Dept. official over bad job numbers. Vegas in trouble due to economy, tourism. RFK Jr. cuts vaccine research and development. Musk companies poisoning Memphis black neighborhoods and digging a tunnel under Nashville that I'm sure won't be a catastrophe. Was James Bond a real person? Get 20 Extra Minutes with Jackie & Dunlap over at http://patreon.com/redstateupdate art by Yoni Limor. music by William Sherry Jr.     

Julie Su, the former acting Secretary of the U.S. Labor Department, takes us inside the July jobs report and gives us a human reality check on how AI will impact our working lives.Become a supporter of this podcast: https://www.spreaker.com/podcast/tavis-smiley--6286410/support.

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Over the many years the [DS]/[CB] have pushed the people into giving up marriage and giving up on owning property, from the 50 to now homeownership has dropped to 12%. The BLS numbers were rigged for the D's and the [CB]. The parallel economy has now grown enough where Trump is going to return the wealth that was stolen. This is just he beginning. The D's/[DS] are in a panic, phase one of the hunt for the treason's criminals is now in full swing. The fake news is trying to cover the Russian Hoax but the people are not believing it. Trump knows he needs to get control over the rest of the gov and he needs to win the midterms. The hunt is on and the next phase is about to begin. It's not just one crime it's multiple treasonous crimes. Buckle up.   Economy https://twitter.com/EndWokeness/status/1952088002324295853 (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/KobeissiLetter/status/1952342752215101475 Padilla: Trump Is ‘Weaponizing' Bureau of Labor Statistics   Sen. Alex Padilla (D-CA) said President Donald Trump's decision to fire Erika McEntarfer, the commissioner of labor statistics, was an attempt to weaponize the agency. Source: breitbart.com  Trump Re-Rages At "RIGGED" Jobs Report    Something is certainly 'off' with the measurements if there have been 25 significant downward revisions in the last 31 months... and every month since Trump was inaugurated... Source: zerohedge.com BLS had big problems with data manipulation, 2024 internal report shows Now writer Don Surber has discovered a doozy of a BLS internal report from 2024, reported by Bloomberg News, that the agency has been mismanaging data up the wazoo. According to Bloomberg: The US Bureau of Labor Statistics is “not sufficiently focused” on how it disseminates key economic data and a revamp of the agency's culture is required, according to a report commissioned after a series of botched releases. The Labor Department, which oversees the BLS, ordered the independent review to examine “procedures and practices for the equitable and timely provision of data to the public.” The findings of the 60-day external review were published Tuesday and included a number of recommendations to improve processes and communications. “We have already begun the work of turning the team's recommendations into a roadmap to recommit our agency to data security and equitable access to data,” BLS Commissioner Erika McEntarfer said on a call Tuesday. Well, she didn't. This corresponds pretty well to the problems President Trump cited on the day he gave her the boot: Note that he didn't object to the data itself, as Summers and his buddies claimed; he objected to the constant revisions of the data, big, unprecedented revisions, released at politically sensitive times, always good for the Democrats and always bad for the Republicans, pretty well nullifying the purpose of collecting data at all.  She also said she'd have the problems under control -- and she didn't, so out she went. The Bloomberg report is more disturbing than just major revisions of data that Trump cited. Deep in the Bloomberg story, there are doings like this: The report was commissioned after several incidents arou...

President Trump fired the Bureau of Labor Statistics Commissioner Erika McEntarfer on Friday, after the agency reported a weak jobs report for the month of July. In the aftermath, the White House's National Economic Council Director Kevin Hassett discusses the decision and the concerned backlash it prompted. Elaine Chao served as Labor Secretary for eight years under President George W. Bush; she explains how BLS reports are calculated and shared with the public, and she underscores the importance of integrity in the agency. CNBC's Steve Liesman and Rick Santelli debate the impact this jobs report has had on the markets as well as what it means for the larger economy. Plus, Tesla has awarded Elon Musk $29 billion worth of Tesla shares, and shares of Berkshire Hathaway dipped after the company reported lower-than-expected earnings.  Kevin Hassett - 19:20Rick Santelli and Steve Liesman - 34:13Elaine Chao - 39:42 In this episode:Steve Liesman, @steveliesmanRick Santelli, @RickSantelliJoe Kernen, @JoeSquawk Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

Saturday on PBS News Weekend, a flurry of new tariffs imposed by Trump shook markets, along with weaker than expected jobs numbers that cost a Labor Department official her job. Former Venezuelan detainees speak out about their abuse in El Salvador’s mega-prison. The phenomenon of “super aging” and the science of longer human lifespans. Plus, the Indiana kids inspiring others to get outdoors. PBS News is supported by - https://www.pbs.org/newshour/about/funders

U.S. President Donald Trump fires a Labor Department official over jobs data he disputes. Fed Governor Adriana Kugler has unexpectedly resigned, giving Trump an early chance to reshape the Federal Reserve. Trump orders U.S. nuclear submarines to be repositioned after a war of words with former Russian President Dmitry Medvedev. And envoy Steve Witkoff visits a controversial U.S.-backed aid site in Gaza.  This episode has been corrected to refer to Adriana Kugler as Fed Governor, not Federal Governor. Sign up for the Reuters Econ World newsletter ⁠here⁠. Listen to the Reuters Econ World podcast ⁠here⁠. Find the Recommended Listen, our new On Assignment podcast, ⁠here⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

Thursday night, President Trump announced new tariff rates, and a new deadline. For weeks, the administration said that new, tougher tariffs would go into effect August 1 — instead, most countries won't see the new rates kick in for at least a week. Meanwhile, new numbers from the Labor Department show job growth slowed sharply this spring, as President Trump's earlier, worldwide tariffs started to bite. Shortly after their release, Trump said he was firing the head of the government agency that produced that report.White House correspondent Danielle Kurtzleben and economic correspondent Scott Horsley discuss the consequences of Trump's tariffs so far and going forward.For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.Email us at considerthis@npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

The Rich Zeoli Show- Hour 1: 3:05pm- Rich notes that despite using 5% less electricity and 24% less gas, his bill has doubled thanks to Governor Phil Murphy's failed energy policies. This amounts to yet another reason why New Jersey can't afford to elect Mikie Sherrill in November. 3:10pm- According to the latest jobs report made available by the Labor Department, the U.S. economy only added 73,000 jobs in the last month—with unemployment rising from 4.1% to 4.2%. 3:15pm- In a post to Truth Social, President Donald Trump announced: “Based on the highly provocative statements of the Former President of Russia, Dmitry Medvedev, who is now the Deputy Chairman of the Security Council of the Russian Federation, I have ordered two Nuclear Submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that. Words are very important, and can often lead to unintended consequences, I hope this will not be one of those instances.” 3:30pm- Corey DeAngelis—Senior Fellow at the American Culture Project & Author of the book, “The Parent Revolution: Rescuing Your Kids from the Radicals Ruining Our Schools.”—joins The Rich Zeoli Show to discuss his latest article for The New York Post, “Randi Weingarten's Globalist Gambit Threatens Our Kids' Future Freedoms.” Plus, he reacts to Weingarten's ridiculous claim that halting federal defunding for NPR will result in democracy “backsliding.”

The Rich Zeoli Show- Full Episode (08/01/2025): 3:05pm- Rich notes that despite using 5% less electricity and 24% less gas, his bill has doubled thanks to Governor Phil Murphy's failed energy policies. This amounts to yet another reason why New Jersey can't afford to elect Mikie Sherrill in November. 3:10pm- According to the latest jobs report made available by the Labor Department, the U.S. economy only added 73,000 jobs in the last month—with unemployment rising from 4.1% to 4.2%. 3:15pm- In a post to Truth Social, President Donald Trump announced: “Based on the highly provocative statements of the Former President of Russia, Dmitry Medvedev, who is now the Deputy Chairman of the Security Council of the Russian Federation, I have ordered two Nuclear Submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that. Words are very important, and can often lead to unintended consequences, I hope this will not be one of those instances.” 3:30pm- Corey DeAngelis—Senior Fellow at the American Culture Project & Author of the book, “The Parent Revolution: Rescuing Your Kids from the Radicals Ruining Our Schools.”—joins The Rich Zeoli Show to discuss his latest article for The New York Post, “Randi Weingarten's Globalist Gambit Threatens Our Kids' Future Freedoms.” Plus, he reacts to Weingarten's ridiculous claim that halting federal defunding for NPR will result in democracy “backsliding.” 4:05pm- A new American Eagle clothing advertisement features Hollywood star Sydney Sweeney bragging about her “great jeans.” Far-left social media users, however, are ridiculously saying that the commercial is secretly promoting eugenics—insisting the ad's “great jeans” line really means “great genes.” American Eagle has now responded to the far-left's complaints, emphasizing the commercial was always just about “jeans.” 4:10pm- On Thursday night, former Vice President Kamala Harris made a guest appearance on The Late Show with Stephen Colbert where she promoted her soon to be released book, “107 Days.” During the interview, Harris bizarrely explained why she loves tethered earbuds rather than wireless airpods. 4:15pm- Rich will be on Fox News with Laura Ingraham tonight—but is he broadcasting out of the back of a van? 4:30pm- On Thursday, the Senate Judiciary Committee declassified intelligence—specifically the annex to former Special Counsel John Durham's report—allegedly revealing that Hillary Clinton personally approved of the efforts to promote the false narrative that then-candidate Donald Trump colluded with Russian officials during the 2016 presidential election. One declassified email exchange reveals that “HRC approved Julia's [Clinton foreign policy advisor Julianne Smith] idea about Trump and Russian hackers hampering U.S. elections. That should distract people from her own missing email, especially if the affair goes to the Olympic level.” 4:45pm- While speaking with Glenn Beck, Director of National Intelligence Tulsi Gabbard revealed there are still people working within the intelligence community that weaponized intelligence for political purpose—though, the Trump Administration is actively working on removing them. 5:05pm- CNN Senior Analyst Harry Enten evaluated the “Democrat brand”—and according to survey data it “is in the basement and it is total and complete garbage.” 5:15pm- On Thursday night, former Vice President Kamala Harris made a guest appearance on The Late Show with Stephen Colbert where she promoted her soon to be released book, “107 Days.” Harris was unable to name the current leaders of the Democratic Party. 5:40pm- George Stephanopoulos gets stuck in an elevator! Plus, should we all start watching the WNBA? This week one player lost her wig mid-game (leading to a fan being ejected for making fun of the incident), and in another game someone threw a bright green sex toy onto the court late in the 4th quarter! Also, are Justin ...

Andrew Walworth, Tom Bevan and Carl Cannon discuss new jobs data from the Labor Department that show the labor market is slowing. And, they talk about Sen. Chuck Grassley (R-IA) who released newly declassified documents related to the Trump/Russia investigation including conversations between the Hillary Clinton campaign and George Soros' Open Society Foundation. Next, they discuss President Trump's plans to break ground in September on a new $200 million ballroom for the White House, and they give up their “You Cannot Be Serious” stories for the week. Then, Part 1: RCP White House correspondent Phil Wegmann talks with Neera Tanden, President of the Center for American Progress and a key presidential aide during the Biden Administration, about her recent article for The Wall Street Journal, “How Democrats Can Win on Immigration". And, Part 2: RCP White House correspondent Phil Wegmann talks with Neera Tanden about the symbolism of Alligator Alcatraz and her recent testimony before the House Oversight Committee on staff use of the autopen during the Biden Administration. Tanden is currently president of the Center for American Progress. She was director of the United States Domestic Policy Council from 2023 to 2025 and staff secretary to President Joe Biden from 2021 to 2023.

Kevin offers his insights and opinion on the increasing criticism of Federal Reserve Chairman Jerome Powell and covers the following stories: ADP released their National Employment Report (Private Payrolls); The U.S. Labor Department released the weekly jobless claims; the U.S. Commerce Department released the Personal Consumption Expenditures Price Index; the U.S. Bureau of Economic Analysis reported June Personal Income, Consumer Spending and Personal Savings Rate; the U.S. Commerce Department reported Personal Consumption Expenditures (the Federal Reserve's preferred inflation gauge); a provision in the One Big Beautiful Bill that eliminates a regulation many have wanted eliminated for 50 yrs.; Kevin has the details, sifts through the data, puts the information into historic perspective and offers his insights and an opinion or two. Oil reacts to various geopolitical events, sanctions and ongoing trade talks.

Stocks dropped in morning trading on Wall Street Friday, and Treasury yields fell sharply after a significant slowdown in hiring last month. Trump signed executive orders to impose tariffs ranging from 15 to 41 percent on goods from dozens of countries overnight — hours before his self-imposed August 1 trade deadline. Markets also declined across Europe and Asia. Exacerbating losses in the U.S. was the release of weak U.S. Labor Department jobs data, which showed that American employers added only 73,000 jobs last month, lower than expected.~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul00:00 Intro00:09 Sponsor: iTrust Capital00:30 WRECK-oning Day is here!01:37 Liquidations02:05 CNBC: Data reports (not looking good)03:17 Trade War escalates03:50 Tariff reality check04:45 Is apple absorbing the cost?06:40 Trump blames Jerome Powell07:15 Powell warned us07:45 Fed rate cut polymarket08:30 Meme mania: Due for correction?08:50 Fear and greed09:15 Tom Lee: Markets are still not frothy11:00 Liberation Day dip12:00 Outro#Bitcoin #tariffs #trump~Tariff Wreck-oning Day!

UCLA is the latest college to settle an antisemitism case, and it will give several million to Jewish organizations. A lawsuit by pro-Palestinian activists remains pending.   6.6% of college-educated 20 to 24-year-olds are unemployed and actively job-hunting, according to the Labor Department. Why are they struggling to launch? Employers in coveted fields are turning to AI instead of hiring recent college graduates. The white-collar sector is threatened.  ‘It's Always Sunny in Philadelphia’ is the defining American sitcom because it satirizes the dark side of human nature, argues M.H. Miller.

UCLA is the latest college to settle an antisemitism case, and it will give several million to Jewish organizations. A lawsuit by pro-Palestinian activists remains pending.   6.6% of college-educated 20 to 24-year-olds are unemployed and actively job-hunting, according to the Labor Department. Why are they struggling to launch? Employers in coveted fields are turning to AI instead of hiring recent college graduates. The white-collar sector is threatened.  ‘It's Always Sunny in Philadelphia' is the defining American sitcom because it satirizes the dark side of human nature, argues M.H. Miller.

President Trump announced a trade deal with Japan that will impose 15% tariffs on imports. Wall Street is happy, but it could put the United States in an awkward position as the Trump administration continues to seek other deals. Sabri Ben-Achour explains. Also, the federal government is leading a major deregulatory crusade. And they want your input. Plus, quilts and blooming plants make us smile.Here's everything we talked about today:"Trump's Labor Department proposes more than 60 rule changes in a push to deregulate workplaces" from AP News"Trump Strikes Deal With Ally Japan Setting Tariff Rate at 15%" from BloombergListener Jen's quilting Instagram We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

President Trump announced a trade deal with Japan that will impose 15% tariffs on imports. Wall Street is happy, but it could put the United States in an awkward position as the Trump administration continues to seek other deals. Sabri Ben-Achour explains. Also, the federal government is leading a major deregulatory crusade. And they want your input. Plus, quilts and blooming plants make us smile.Here's everything we talked about today:"Trump's Labor Department proposes more than 60 rule changes in a push to deregulate workplaces" from AP News"Trump Strikes Deal With Ally Japan Setting Tariff Rate at 15%" from BloombergListener Jen's quilting Instagram We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

In our news wrap Tuesday, the UN human rights office says Israeli forces have killed more than 1,000 Gazans seeking aid since May, the Trump administration is citing an alleged anti-Israel bias in its decision to again withdraw from UNESCO, the Labor Department proposed rollbacks to workplace regulations and GM posted a 35% drop in quarterly profit dragged down by the impact of tariffs. PBS News is supported by - https://www.pbs.org/newshour/about/funders

More than five years after the start of the pandemic, we're learning more about who's working in person and who isn't. Labor Department data shows 29% of men work from home, down from 34% two years ago. But the number of women working remotely has stayed flat at 36%. We'll discuss what to make of the dynamic. Also: Wholesale inflation remains unchanged, and the White House launches an investigation into unfair trade practices by Brazil.