Podcasts about labor department

  Landaas & Company newsletter  November edition now available. Advisors on This Week's Show Kyle Tetting Art Rothschild Steve Giles (with Max Hoelzl and Joel Dresang engineered by Jason Scuglik) Week in Review (Nov. 13-17, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday Inflation continued to slow in October, thanks in part to lower gas prices. The Bureau of Labor Statistics reported that the Consumer Price Index, the broadest measure of inflation, was unchanged from September and up 3.2% from the year before. That was the smallest 12-month increase in the index since March 2021. Although it continued to exceed the Federal Reserve long-range target of 2%, it was down from a four-decade high of more than 9% last summer. The core CPI, which strips out volatile food and energy prices, rose 4% from October 2022, the lowest gain in more than two years. Wednesday Inflation on the wholesale level declined in October, according to the Producer Price Index. The gauge fell by 0.5% from September, led by lower prices in goods, chiefly energy products, the Bureau of Labor Statistics reported. The one-year wholesale inflation rate was 1.3%, down from nearly 12% in the spring of 2022. Excluding volatile costs for food, energy and trade services, the so-called core Producer Price Index rose 2.9% from October 2022, down from almost 9% in the summer of 2022. Retail sales receded in October for the first time in seven months. Sales fell 0.1% over all with seven of 13 categories reporting lower sales, including car dealers, gas stations, furniture stores and home-and-garden centers. Sales aren't adjusted for price changes, so lower prices at gas stations factored in. Bars and restaurants added sales for the seventh month in a row. Since October 2022, total retail sales rose 2.5% while bars and restaurants increased by 8.6%. Adjusted for inflation, retail sales were down 0.2% from September. Thursday The four-week moving average for initial unemployment claims rose for the fourth week in a row to its highest point since September, according to the Labor Department. The measure was still 40% below the 56-year average, suggesting the relative tightness of the labor market. Total claims rose 0.2% in the latest week to more than 1.6 million, which was 27% higher than the year before. The Federal Reserve reported a slight decline in industrial production in October, the first setback in fourth months. Strikes at automotive plants resulted in a 10% drop in that sector's output from September, the Fed reported, accounting for much of a dip in manufacturing production. As a result, total industrial production declined 0.1% for the month. If not for the auto makers, total production would have gained 0.1%, according to the Fed. Industries' capacity utilization rate, an early indicator of inflation, edged down to its lowest level since June, remaining below the 50-year average for the 12th month in a row. Friday More than a year and a half after the Fed began raising interest rates, housing construction data continued to show a pause in October. The annual pace of building permits and housing starts rose slightly, remaining near pre-pandemic levels but down from accelerations in 2021 and 2022. A report from the Commerce Department showed new authorizations and new construction for single-family houses outgaining  multi-family projects. The rate of housing units under construction slowed marginally in October but stayed near the highest on record, based on data going back to 1970.  MARKET CLOSINGS FOR THE WEEK Nasdaq – 14125, up 327 points or 2.4% Standard & Poor's 500 – 4514, up 99 points or 2.2% Dow Jones Industrial – 34947, up 664 points or 1.9% 10-year U.S. Treasury Note – 4.44%, down 0.19 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter.

On the version of Hot off the Wire posted Nov. 16 at 7:10 a.m. CT: WASHINGTON (AP) — Police and protesters have clashed outside Democratic National Committee headquarters during a demonstration for a cease-fire in the war between Israel and Hamas. Scores of Democratic representatives and candidates, including House Minority Leader Hakeem Jeffries, were inside the building for a campaign reception when it was interrupted by chanting outside. Protesters said they wanted to block entrances and exits to force politicians to encounter their candlelight vigil Wednesday night. However, the situation swiftly devolved. U.S. Capitol Police said about 150 people were “illegally and violently protesting,” but protesters blamed police for the violence. Capitol Police said six officers were treated for minor injuries and one protester was arrested for assaulting an officer. KHAN YOUNIS, Gaza Strip (AP) — Residents say Israeli forces dropped leaflets warning Palestinians to flee parts of southern Gaza. That signals a possible expansion of their offensive to areas where hundreds of thousands of people who heeded earlier evacuation orders are crowded into U.N.-run shelters and family homes. Meanwhile, soldiers continued searching Shifa Hospital in the north on Thursday, in a raid that began a day earlier. They displayed guns they say were found hidden in one building, but have yet to release any evidence of the central Hamas command center that Israel has said is concealed beneath the complex. Hamas and staff at the hospital deny the allegations. Israel already carries out air raids in the south. Broadening operations there threatens to worsen an already severe humanitarian crisis. WASHINGTON (AP) — Congress has ended the threat of a government shutdown until after the holidays. The Senate gave final approval to a temporary government funding package Wednesday night and sent it to President Joe Biden for his signature. The bill sets up a final confrontation on the government budget in the new year. The Senate worked into the night to pass the bill with days to spare before government funding expires Saturday. The spending package keeps government funding levels at current levels for roughly two more months while a long-term package is negotiated. WOODSIDE, Calif. (AP) — U.S. President Joe Biden and China's Xi Jinping have emerged from their first face-to-face meeting in a year vowing to stabilize their fraught relationship and showcasing modest agreements to combat illegal fentanyl and re-establish military communications. There were still deep differences on economic competition and global security threats. But Biden said they agreed to “pick up the phone” and talk if urgent issues arise. Biden said “that's important progress." Xi signaled later Wednesday that China would send the U.S. new pandas after recalling three from the National Zoo in Washington last week. ALBANY, N.Y. (AP) — New York state has sued PepsiCo in an effort to hold the soda-and-snack food giant partly responsible for litter that winds up in bodies of water that supply the city of Buffalo with drinking water. The lawsuit, filed in state Supreme Court by Attorney General Letitia James, accuses the company and its Frito-Lay subsidiaries of creating a public nuisance by making a huge number of plastic bottles and wrappers, some of which inevitably wind up falling or blowing into the Buffalo River after they are discarded by customers. PepsiCo said it was serious about “plastic reduction and effective recycling.” It didn't directly comment on the lawsuit's claim that it was legally responsible for keeping garbage out of the Buffalo River. The Celtics stun the Sixers, Booker pays dividends on return to the line-up, an on-court fracas and neck grab draws punishment from the NBA, Flyers goaltender Carter Hart leads his team to victory, the Browns will be without their starting quarterback, and Major League Baseball announces the Cy Young Award winners. MILWAUKEE (AP) — Pat Murphy spent the last eight seasons as Craig Counsell's bench coach in Milwaukee. He now is taking over for his former boss as the Brewers manager. The Brewers announced they were promoting Murphy a little over a week after the Chicago Cubs announced they had hired Counsell away from Milwaukee. Murphy's only managerial experience in the majors came in 2015 when he led the San Diego Padres on an interim basis for the final 96 games of the season. He had been the Brewers' bench coach ever since. NEW YORK (AP) — Jimmy Kimmel is returning as host of the Academy Awards for the second straight year and fourth time overall. The Academy of Motion Pictures Arts and Sciences announced Kimmel's return on Wednesday. ABC is returning to its late-night host a year after bringing Kimmel back for a 2023 ceremony that drew 18.7 million viewers, the most since 2020's pre-pandemic broadcast. In the wake of Will Smith's slap of Chris Rock at the 2022 Oscars, Kimmel led a cautious ceremony that helped stabilize the Academy Awards after years of turmoil. The 96th Academy Awards will air live on ABC on March 10 from the Dolby Theatre in Los Angeles. On the version of Hot off the Wire posted Nov. 15 at 4 p.m. CT: The TSA expects to screen 28 million travelers at the nation's airports over a 12-day period during the Thanksgiving holiday that begins Friday. John Bush, the agency's Federal Security Director at Reagan Airport outside Washington, D.C. has some advice: get to the airport early and pack your patience. WOODSIDE, Calif. (AP) — To the domestic audience in China, Beijing continues to blame the U.S. for problems in the two countries' bilateral relations and urges Washington to “establish correct views” of China. The official news service Xinhua said in a series of editorials that Washington should walk out of its “zero-sum” mentality and expand cooperation to further stabilize and improve bilateral relations. Beijing has expressed hope that Washington would respond with “concrete actions.” Ahead of the meeting between U.S. President Joe Biden and Chinese President Xi Jinping, senior White House officials said Biden would walk away from the talks with major announcements expected on curbing the flow of chemicals used in the production of fentanyl and steps to revive military-to-military communications. KHAN YOUNIS, Gaza Strip (AP) — Israeli troops stormed into Gaza's largest hospital, searching for traces of Hamas inside and beneath the facility filled with hundreds of patients, including newborns, who have gone for days without electricity and with little food as fighting raged around them. Details from the Wednesday raid remained sketchy, but officials from Israel and Gaza presented different narratives about what was happening at the hospital: The Israeli army released video showing soldiers carrying boxes labeled as “baby food” and “medical supplies,” while Gaza health officials talked of terrified staff and patients as troops moved through the buildings. Israel faces pressure to prove its claim that Hamas had transformed Shifa Hospital into a command base. PARIS (AP) — A police officer being investigated in the killing of a 17-year-old of North African origin that touched off riots around France was freed from jail Wednesday while the probe continues. The prosecutor's office in the Paris suburb where Nahel Merzouk was shot said magistrates concluded that continued detention of the motorcycle officer “no longer fulfills the legal criteria” for which he was held. The officer was given a preliminary charge of voluntary homicide. The rioting was driven by a mainly teenage backlash against a French state that many with immigrant roots say routinely discriminates against them. PORT-AU-PRINCE, Haiti (AP) — A hospital director in Haiti says a heavily armed gang burst into the facility and took hostage hundreds of women, children and newborns. Jose Ulysse, founder and director of the Fontaine Hospital Center in the Cite Soleil slum, pleaded for help via social media. He confirmed has confirmed the incident in a brief message exchange with The Associated Press, saying the hospital is in “great difficulty.” No further details were immediately available, and it was not clear why the assailants may have taken patients hostage. Ulysse did not respond to further questions. The hospital has been considered an oasis in a community overrun by gangs that have unleashed increasingly violent attacks against each other and civilians. LONDON (AP) — The British government says it will still try to send some migrants on a one-way trip to Rwanda, despite the U.K. Supreme Court ruling that the contentious plan is illegal. Five justices on the country's top court say asylum-seekers would be “at real risk of ill-treatment” because they could be sent back to their home countries once they were in Rwanda. The court cited Rwanda's poor human rights record, including enforced disappearances and torture. Prime Minister Rishi Sunak has pledged to stop migrants reaching Britain in small boats. He says the government will strike a treaty with Rwanda that will address the court's concerns. LONDON (AP) — Britain's Supreme Court has ruled that the government's flagship policy to send migrants on a one-way trip to Rwanda is unlawful. The government is vowing to make some changes and press on with the controversial plan. Making the plan work has become a central pillar of Prime Minister Rishi Sunak's pledge to “stop the boats" — his slogan for deterring people from crossing the English Channel to reach Britain. He says he's prepared to change U.K. law and even flout international human rights treaties in order to make the plan work. Legal experts say that could be a tall order. NEW YORK (AP) — Americans cut back on retail spending in October, ending six straight months of gains, though the decline was partly driven by falling prices for both gasoline and cars. Retail sales declined 0.1% last month after jumping a strong 0.9% in September, according to a report released Wednesday by the Commerce Department. September's figure was revised higher from an initial report of a 0.7% gain. Excluding sales of gas and autos, retail sales ticked up 0.1%. WASHINGTON (AP) — U.S. wholesale prices fell sharply last month as inflationary pressure continued to ease in the face of a year and a half of higher interest rates. The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — dropped 0.5% in October from September, biggest drop since April 2020. UOn a year-over-year basis, producer prices were up 1.3% from October 2022. WASHINGTON (AP) — Comedian Kevin Hart has been chosen to receive the Kennedy Center's Mark Twain Prize for lifetime achievement in American humor. The honor caps a three-decade career that has seen the comic rise from the open mics of Philadelphia to become one of his generation's most successful performers. The 44-year-old Hart has honed a style that combined his diminutive stature, expressive face and motormouth delivery. It's made him a wildly successful touring act. He's gone on to become one of the country's most bankable and ubiquitous performers. Hart says in a statement that “comedy is my outlet for social commentary and observations on life.” —The Associated Press About this program Host Terry Lipshetz is a senior producer for Lee Enterprises. Besides producing the daily Hot off the Wire news podcast, Terry conducts periodic interviews for this Behind the Headlines program, co-hosts the Streamed & Screened movies and television program and is the producer of Across the Sky, a podcast dedicated to weather and climate. Lee Enterprises produces many national, regional and sports podcasts. Learn more here.See omnystudio.com/listener for privacy information.

Inflation eased in October with consumer prices up 3.2% from a year ago, the Labor Department reported on Tuesday November 14. That's a smaller annual increase in the consumer price index (CPI) than the month before when inflation came in at 3.7%. Inflation was flat on a monthly basis. "The markets have taken off like a rocket today under the assumption that inflation has been beaten," said DICK BOVE, chief financial strategist at ODEON CAPITAL GROUP. The Fed, which embarked on an aggressive interest rate hike campaign, is credited for the sharp fall in inflation from its peak of 9.1 percent in June 2022. "The Fed is now in a very strong place," says MAT VAN ALSTYNE, ODEON co-founder and managing partner. Meanwhile, BOVE is out with a comprehensive new report on the unprecedented rise in the net worth of American households and non-profit institutions. "Americans are filthy rich. Thousands are becoming millionaires every year," he says. Still, VAN ALSTYNE says as many as 40 percent of Americans are living paycheck to paycheck. Our host, JOHN AIDAN BYRNE, reminds us of the Gini index, or Gini co-efficient of income inequality, frequently referenced by BOVE and VAN ALSTYNE, which paints a dark picture of America's income distribution. Meanwhile, there's inflation and then deflation. Inflation is finally emerging in Japan after years of falling prices. China, on the other hand, is battling deflationary pressures. China has many challenges to overcome in its economy, according to BOVE. Questions & Comments: podcast@odeoncap.com

The Labor Department's consumer price index showed no monthly change; energy prices to remain volatile, IEA forecasts; U.S., U.K. issue new economic sanctions targeting Hamas funding; Home Depot projects falling sales in 2023.

The Labor Department's consumer price index showed no monthly change; energy prices to remain volatile, IEA forecasts; U.S., U.K. issue new economic sanctions targeting Hamas funding; Home Depot projects falling sales in 2023.

Remember Monday when we said we would know more about the economy when the Labor Department issued their inflation report? Well, that happened early this morning and the report was a bit of a shock that shook Wall Street.  That story kicks off our newscast this afternoon. Also, if you want to reach us on social media and if you're on Threads you can find  us @Insight_On_Business. And you can hook up with us all day on Twitter or "X" @IOB_NewsHour and on Instagram.  Here's what we've got for you:  Inflation cooled and that caused some excitement; What are the drivers of inflation backing down? YouTube and AI generated content made the news; Try selling medical marijuana in Mississippi with no advertising; It's back! McDonald's borrows a page from Taco Bell's playbook; The Wall Street Report; Minnesota and Toys R Us made the news. 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 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.

  Landaas & Company newsletter  November edition now available. Advisors on This Week's Show Kyle Tetting Tom Pappenfus Kendall Bauer (with Max Hoelzl and Joel Dresang, engineered by Blake Miller) Week in Review (Nov. 6-10, 2023) Significant Economic Indicators & Reports Monday No major releases Tuesday Imports rose more than exports in September, widening the U.S. trade gap by 4.9% to $61.5 billion. Cellphones and cars led the 2.7% increase in imports, the Bureau of Economic Analysis reported. Exports rose 2.2%, led by petroleum products and soybeans. Through the first three quarters of 2023, the trade deficit widened 20% from the same time in 2022 to $147.4 billion. In that year, exports grew 1% while imports rose 4.2%. Trade deficits detract from gross domestic product, the broadest measure of overall economic growth. The Federal Reserve reported that revolving consumer credit rose at an annual rate of 2.9% in September. The increase in credit card debt suggests consumer spending – which drives about two-thirds of the U.S. economy – remained resilient. It also hints at a possible slowdown, which the Fed has been trying to achieve by raising interest rates the past year and a half. The pace of credit card debt slowed from a 13.7% annual rate in August. The quarterly pace has been decelerating since the end of 2022. Credit card borrowing took two years to recover from its pre-pandemic peak. In contrast, it took a decade to recover from the financial collapse and the Great Recession. Wednesday No major releases Thursday The four-week moving average for initial unemployment claims rose for the third week in a row to its highest level since mid-September. Data from the Labor Department showed the four-week average still down 42% from its 56-year average, reflecting continued reluctance by employers to let workers leave amid a tight hiring market. Nearly 1.6 million Americans were claiming jobless benefits in the latest week, up 0.1% from the week before and up 27% from the same time in 2022. Friday The University of Michigan said consumer sentiment is declining for the fourth month in a row. Despite higher opinions of their personal finances, consumers indicated in the university's preliminary November report that high interest rates and the wars in Gaza and Ukraine soured their outlook on the economy. For the top third of stockholders, sentiment improved. The university said expectations for inflation generally rose from October, especially for gas prices.  MARKET CLOSINGS FOR THE WEEK Nasdaq – 13798, up 320 points or 2.4% Standard & Poor's 500 – 4415, up 57 points or 1.3% Dow Jones Industrial – 34284, up 222 points or 0.7% 10-year U.S. Treasury Note – 4.63%, up 0.07 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

news birthdays/events would you like a "play something" button word of the day news winter 'snow globe' towns in the u.s. game: prison commissary price is right personalized pet gifts news game: 10 second song clip are you 'travel cursed' 3 best cities for thanksgiving news game: mindtrap thanksgiving foods that are ok and not ok to give your pets goodbye/fun facts....National S.T.E.M./S.T.E.A.M. Day inspires kids to explore and pursue their interests in Science, Technology, Engineering, Art, and Math. the U.S. Labor Department's predicted 10 fastest growing occupations, nearly all of them are S.T.E.M./S.T.E.A.M. careers.  visit projectmc2.com to learn more

US job growth cooled in October as the Labor Department's closely watched employment report showed the unemployment rate rising to 3.9%, the highest since January 2022, up from 3.8% in September. Employers added 150,000 jobs, half the September gains, and the smallest increase in jobs since June, according to the Bureau's establishment numbers. DICK BOVE, chief financial strategist at ODEON CAPITAL GROUP, calls the Bureau's reporting 'specious.' Still, BOVE says the evidence points to a deterioration in the labor markets. The economy on the jobs front is 'slowing meaningfully,' he adds. MAT VAN ALSTYNE, ODEON co-founder and managing partner, says the Bureau's report shows a massive number of the jobs created were in part time employment. Many Americans are now holding multiple, part-time jobs to make ends meet, VAN ALSTYNE says. "This report is a disaster," he adds. Meanwhile, another sign of stress in the US economy comes from the latest data on auto loan sales and delinquencies. Elsewhere, the CONVERSATION looks at the explosion in assets under management (AUM) in the wealth management industry. Some of the largest asset managers have seen a surge in money inflows. BOVE cites Bank of America which estimates industry AUM has soared $40 trillion in the past decade to a staggering $65 trillion. Where is this money coming from, BOVE asks. Joining the CONVERSATION is our host, JOHN AIDAN BYRNE.

Today we open with the ongoing trial in New York City from AG Letitia James, accusing Donald Trump of over-inflating the value of his properties. His lawyer not only slams James and this ridiculous show-trial, but reminds New Yorkers about the amount of taxpayer money being waster and how James is not spending her time putting real criminals away. I am so sick of hearing people begging for a ceasefire from Israel. Speaker Johnson reminds us that Israel had been obeying a ceasefire since May and it was Hamas who broke it. There is no longer any room for discussion. Hamas must be eliminated. Yet, the children in Congress say the darndest things. For that, we turn to Senator Dick Turban...ahem...Durbin, who believes Israel needs to “engage in conversation” with the Palestinians, because “whatever the rationale from the beginning has not reached an intolerable level.” We literally have prepubescent members of Congress, disguised as doddering old fools. Speaker Johnson followed through on my suggestion of rapidly passing a bill solely to aid Israel. Let's find out which Democrats are really part of the culture of life versus those who side with death. Let's see if Joe Biden will veto it. In fact, we get a special installment of Deep Thoughts with VP Kamala Harris who discusses Biden's threat to veto aid to Israel. The October jobs report is in and the forecasters were off by a lot. Barely 99,000 new jobs when they predicted over 158,000 and while they expected manufacturing to lose 10,000, the number was three times as much. Plus, the Labor Department has gone back and revised the prior two months down by 100,000 jobs. Hey, Joe! Bidenomics (in a loud whisper) is not working. Hunter Biden penned a whiny Op-Ed that was published in USAToday. We have some fun discussing the traits of addicts and how Hunter comes across as a petulant teenager, not a grown adult. Rep. Byron Donalds had a chance to comment on the 82,000 email pages Joe Biden has under his various email pseudonyms. He said they have not yet been able to look at them because former President Barack Obama has to approve them first, since they happened while Joe was the VP under Obama. Speaking of Obama, NBC News reports that the Biden regime reached out to get Obama's help with shaping the White House's AI strategy. Oh, you don't say? Reaching out to Obama? That shouldn't have been too difficult, given he's been running everything anyway. Also this week, we just found out Dr. Anthony Fauci ran a lab in Montana that was experimenting with strains of coronaviruses that came from the Wuhan Institute of Virology. We can't make this up, folks. In 2018, we are just now finding out that NIH was playing with viruses they got from their buddies at Wuhan! The state of Oregon, after ruining the education of school children for generations with the COVID-19 lock-downs, have decided, in their infinite wisdom, to get rid of skills assessment tests. Rather than try to fix the problem they caused, they are going to pretend it doesn't exist and just let everyone graduate. The Wisconsin House Speaker has advanced Articles of Impeachment against State Election Administrator Meagan Wolfe. It took them long enough, but they are finally going after these folks who broke the law during the 2020 presidential election cycle. Dominican Republic President Luis Abinader just trolled our own president right to his face. He said the next Summit of the Americas “will be in Punta Cana, so you'll have time to be on the beach.” This is a direct shot at how much time Biden has been at his beach house and vacationing while the world burns. On a positive items, we now have a member of the house, Rep. Jeff Van Drew (R-NJ) who wants us to stop funding the UN. So, now there is movement from both sides of Congress to make that happen. Please reach out to your representatives today and urge them to stop funding, and to withdraw from, the United Nations. Finally, I play a short back-to-back soundbites of VP Kamala Harris and President Joe Biden, telling younger voters what they really think of them. Don't be surprised if you don't like it. But, that's just who they are. Take a moment to rate and review the show and then share the episode on social media. You can find me on Facebook, X, Instagram, GETTR and TRUTH Social by searching for The Alan Sanders Show. You can also support the show by visiting my Patreon page!

  Landaas & Company newsletter  November edition now available. Advisors on This Week's Show Kyle Tetting Adam Baley Mike Hoelzl (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Oct. 30-Nov. 3, 2023) Significant Economic Indicators & Reports Monday no significant reports Tuesday Housing prices continued gaining in August, according to the S&P CoreLogic Case-Shiller national home price index. The measure showed broad gains in prices across the country with year-to-year price increases accelerating in 19 of 20 cities studied. The national index was up 2.6% from the year before, vs. a 1% year-to-year gain in July. The index was 6.4% ahead of its recent bottom in January. A spokesman for the index explained the rising prices by saying that higher mortgage rates have been suppressing the supply of houses for sale more than the demand. The Conference Board said its consumer confidence index dipped in October for the third month in a row, suggesting expectations for an economic recession. The business research group said consumers are preoccupied with rising prices and expressed concerns about political volatility and global uncertainty, including war in the Middle East. The Conference Board repeated its prediction of a short, shallow downturn in the first half of 2024. Wednesday The manufacturing sector contracted in October for the 12th month in a row, according to the Institute for Supply Management. The trade group's index, based on surveys of industry purchasing managers, showed new orders declining at a faster rate while production grew, though slower than it had in September. Employment fell after having expanded the month before, and some companies reported considering layoffs. The group said based on past index readings, the U.S. gross domestic product is receding at an annual rate of 0.7%. The Commerce Department said construction spending rose slightly in September, aided by single-family housing. At a seasonally adjusted annual rate of nearly $2 trillion, expenditures were up 0.4% from the August pace and up almost 9% from the year before. Spending on residential construction, which accounted for 44% of the total, rose 0.6% for the month but was 2.1% lower than the year-ago pace. Expenditures on factory construction fell 0.4% from August but was up 62% from the year before. Job openings rose slightly in September, another sign of the labor market's resilience so far amid Federal Reserve Board efforts to slow the economy. Openings rose 0.6% from August to 9.6 million positions, the Bureau of Labor Statistics reported. That was 12% below the September 2022 level but still higher than the 7 million mark just before the COVID pandemic. The report showed little change in the numbers and rates of hires, separations and quits. Compared to the number of unemployed people actively seeking jobs, demand for workers outnumbered supply by about 3 million, little changed from August. Thursday The four-week moving average for initial unemployment claims rose for the second week in a row, though the level continued to reflect tight labor conditions. The measure was 43% below the all-time average, according to Labor Department data. The report said 1.6 million Americans claimed jobless benefits in the latest week, up 2% from the week before and up 28% from the year before. The Bureau of Labor Statistics said the annual rate of worker productivity rose in the third quarter by 4.7%, the most in three years. Measuring year to year, third-quarter productivity rose 2.2% for the third consecutive acceleration. Over the last four quarters, productivity rose because output, which was up 3.1%, exceeded the 0.8% increase in hours worked. Hourly compensation rose at a 3.9% annual rate in the third quarter, so labor costs fell 0.8%. Measured from the third quarter of 2022, labor costs gained 1.9%. The Commerce Department said the value of factory orders rose 4.

Israeli Prime Minister Netanyahu rejects plea from Secretary of State Blinken for a pause in the assault on Gaza to allow aid in, saying not until Hamas releases all hostages; President Biden in Lewiston, ME calls for more gun violence prevention measures; Labor Department says U.S. economy created 150,000 jobs in October and unemployment rose to 3.9%. Learn more about your ad choices. Visit megaphone.fm/adchoices

The state's labor department has hired Don Wetzel Jr. to strengthen its relationship and support to Montana's Indigenous population. Wetzel Jr., who is Blackfeet, previously held a similar position with the state Office of Public Instruction.

  Landaas & Company newsletter  October edition now available. Advisors on This Week's Show KYLE TETTING STEVE GILES KENDALL BAUER (with Max Hoelzl, and Joel Dresang, engineered by Jason Scuglik) Week in Review (Oct. 23-27) Significant Economic Indicators & Reports Monday No major releases Tuesday No major releases Wednesday The annual rate of new home sales jumped 12% in September to its fastest pace since February 2022, just before the Federal Reserve began raising interest rates. The volatile indicator from the Commerce Department was 34% ahead of its pace in September 2022 and above the level just before the COVID pandemic. The supply of new houses available for sale reached its lowest level in a year and a half, though it remained higher than just before the pandemic. The median sale price was $418,800, down 12% from the year before. Thursday The U.S. economy rose at an annual pace of 4.9% in the third quarter, the fastest rate in seven quarters. Adjusted for inflation, gross domestic product reached a record $22.2 trillion and was up 2.9% from the year before, according to the Bureau of Economic Analysis. Consumer spending, which generates about 70% of economic activity, advanced at a 4% annual rate, also the highest since the end of 2021. Spending on housing increased for the first time in 10 quarters. The Federal Reserve Board's preferred measure of inflation rose 3.4% from the third quarter of 2022, down from a four-decade high of 6.8% in mid-2022. The Fed's long-range target is 2%. Demand for long-lasting manufactured products rose 4.7% in September, the first gain in three months. The Commerce Department said durable goods orders  through the first nine months of 2021 were up 4.4% from the same time in 2022. Orders for commercial aircraft led the monthly increase, but excluding the volatile transportation category, orders rose just 0.5% from August. Year to year, orders excluding transportation also rose 0.5%. Core capital goods orders, a proxy for business investment, rose 0.6% from August and were up 1.9% from September 2022. The four-week moving average for initial unemployment claims rose for the first time in eight weeks. Data from the Labor Department showed the new-claim average was still 43% below the 56-year average, a reminder of the relatively tight labor market. In the latest week, just below 1.6 million Americans claimed jobless benefits, down 0.8% from the week before but up 25% from the year before. The National Association of Realtors said its pending home sales index rose 1.1% in September, though it was still down 11% from the year before. The trade association blamed 20-year high mortgage rates and tight inventories for keeping prices high and dampening demand. The group forecast a 17.5% decline in home sales for 2023 to 4.15 million units. It projected a 13.5% rebound in 2024 to 4.71 million. The Realtors estimated the median sales price to reach $389,500 in 2024, which would be a 0.7% increase from their projection for 2023. Friday The Bureau of Economic Analysis said consumer spending rose 0.7% in September, as personal income gained 0.3%, lowering the personal saving rate to 3.4% of disposable income, the lowest since December. Consumer spending increased both in goods (led by new cars) and services (led by international travel). The personal consumption expenditures index, the Federal Reserve's favorite measure for inflation, stayed at a year-to-year rate of 3.4% for the third month in a row. That's down from a 20-year high of 7.1% in June 2022 and still up from the Fed's long-run target of 2%. Often a pre-cursor to spending, consumer sentiment sank in October but stayed above year-ago levels, which were near all-time lows. The University of Michigan reported that its survey-based index declined because of ongoing concern over inflation as well as uncertainty over domestic and international headlines. Consumers with higher incomes and heavier stock h...

  Landaas & Company newsletter  October edition now available. Advisors on This Week's Show Kyle Tetting Art Rothschild Tom Pappenfus (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Oct. 16-20, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday In a further sign of economic resilience, retail sales advanced 0.7% in September. The Commerce Department reported that 10 of 13 major categories had sales increases in September, including a 1.1% gain for online retailers and a 1% bump for car dealers. Appliance stores, home-and-garden centers and clothing stores experienced declines. Sales at bars and restaurants rose by 0.9%, an indication that consumers remain comfortable spending. Consumer spending drives nearly 70% of U.S. economic activity. The Federal Reserve reported that industrial production rose 0.3% in September and capacity utilization advanced to its long-term average for the first time in five months. The capacity rate, a measure of potential inflation pressure, suggested that factories, mines and utilities were regaining balance after months of underusing their operations. The capacity rate for factories stayed below its long-run average for the fifth month in a row. The Fed said total industrial output was up just 0.1% from September 2022 and had grown at an annual rate of 2.5% in the third quarter. Manufacturing production rose 0.4% in September and was down 0.8% from the year before. Wednesday The U.S. housing market continued to suggest weakness in September as the pace for both housing starts and building permits stayed below pre-pandemic levels. Figures from the Commerce Department showed new construction, including multi-family units, about 25% below its pace in mid-2022. Starts for single-family houses have been below their pre-COVID level since May 2022. The pace of housing permits, an indicator of commitments to future homebuilding, also has hovered lower since the Fed began raising interest rates in 2022. Single-family housing permits, however, rose in September for the eighth month in a row, though still below the pre-pandemic level. And though new construction has been slowing, data showed that the rate of houses under construction stayed near record level, despite 14 consecutive declines for single-family units. Thursday The four-week moving average for initial unemployment claims fell for the seventh week in a row, dipping to its lowest point since the beginning of February. The measure of employers' reluctance to let workers go was 44% behind the long-term average, dating to 1967. According to Labor Department data, total jobless claims fell below 1.6 million in the latest week, down nearly 2% from the week before, though up 29% from the year before. The pace of existing home sales sank 2% in September, descending to its lowest mark in 13 years. The National Association of Realtors cited limited inventory and low affordability fueled by rising mortgage rates. Houses sold at an annual rate of 3.96 million, down 15.4% from September 2022, the Realtors reported. Inventory rose 2.7% from August to 1.1 million houses, the lowest for September since 1999. The trade group said the median sales price in September was $394,300, up 2.8% from the year before. The Conference Board said its index of leading economic indicators declined 0.7% in September, shrinking for the 18th month in a row. Of 10 components in the index, nine were either negative or flat. The six-month pace of contraction slowed from the preceding six months. Still, the business research group forecast a shallow recession for the first half of 2024. Friday No major announcements  MARKET CLOSINGS FOR THE WEEK Nasdaq – 12984, down 423 points or 3.2% Standard & Poor's 500 – 4224, down 104 points or 2.4% Dow Jones Industrial – 33126, down 544 points or 1.6% 10-year U.S. Treasury Note – 4.92%, up 0.30 point

Initial jobless claims dropped last week, according to the Labor Department, but continuing claims ticked up. That could mean companies are hanging on to employees, but aren’t hiring new ones, an economist told us. We’ll talk about that at the top of the show. Later, Black and Hispanic household wealth grew faster than other households from 2019 to 2022. But that growth is a bit of an illusion. In this episode, two data stories with lots of nuance. Plus, the U.S.-to-Mexico gun pipeline and revenge spending.

Initial jobless claims dropped last week, according to the Labor Department, but continuing claims ticked up. That could mean companies are hanging on to employees, but aren’t hiring new ones, an economist told us. We’ll talk about that at the top of the show. Later, Black and Hispanic household wealth grew faster than other households from 2019 to 2022. But that growth is a bit of an illusion. In this episode, two data stories with lots of nuance. Plus, the U.S.-to-Mexico gun pipeline and revenge spending.

In this Real Estate News Brief for the week ending October 13th, 2023... two September inflation reports, a big jump in the rent-to-income ratio, and the 2024 COLA for Social Security recipients.   We begin with economic news from this past week. Two inflation reports are among the headlines. The Consumer Price Index, or CPI, was hotter-than-expected, mostly due to rising shelter costs and gas prices. The Labor Department reported a .4% increase in September. That's down from a .6% increase in August. The annual rate remained the same at 3.7%. The core rate omits food and energy, and was up.3% which is what economists had predicted. The annual core rate came down a bit from 4.3% to 4.1% which also met expectations...   ...That's it for today. You can read more about the stories in this episode by following links in the show notes at newsforinvestors.com. And please remember to subscribe to this podcast, and leave a review!   If you'd like to know more about how to build wealth that will last you a lifetime, please hit the “join now” button and become a member. It's free to join and free to access all the data we have on our website. You'll find hundreds of webinars, articles, and resources that can help get you started. That includes a free session with an investment counselor who can answer your questions.    Thanks for listening! Kathy Fettke   Links:   1 - https://www.marketwatch.com/story/headline-consumer-inflation-hotter-in-september-than-forecast-on-higher-shelter-costs-4074308a?mod=mw_latestnews   2 - https://www.marketwatch.com/story/headline-ppi-hits-2-2-over-past-year-ending-in-september-highest-in-five-months-ab274fc0?mod=search_headline   3 - https://www.marketwatch.com/story/feds-collins-says-rise-in-bond-yields-could-reduce-the-need-for-further-interest-rate-hikes-9a04a9ea?mod=economy-politics   4 - https://www.cnbc.com/2023/09/26/dimon-warns-that-fed-could-still-lift-interest-rates-sharply-from-here.html   5 - https://www.cnbc.com/2023/10/13/jpmorgan-chase-ceo-jamie-dimon-warns-this-is-the-most-dangerous-time-for-the-world-in-decades.html   6 - https://www.freddiemac.com/pmms   7 - https://www.corelogic.com/intelligence/us-rent-affordability-drops-lowest-level-decades/   8 - https://www.marketwatch.com/story/social-securitys-cola-will-rise-3-2-in-2024-vs-8-7-in-2023-b7fc6ad7?mod=search_headline   9 - https://www.cnbc.com/2023/10/02/more-than-40percent-of-labor-force-to-be-impacted-by-ai-in-three-years-morgan-stanley-forecasts.html

Clement Troutman, a Navy veteran and Tropical Smoothie Café franchisee in Maryland, says that “the free enterprise system is alive and well.”But, Troutman adds, “we need to really pursue that and go and chase those dreams.”“Because there are people waiting,” the restaurateur says. “The cures for cancer are out there, and, you know, we're sitting on the sidelines thinking that we don't have what it takes when we really do.”“So whatever it is you do, go ahead and go for your dreams because if I can do it, you can do it as well,” Troutman says.Troutman, a participant in a recent Heritage Foundation panel discussion and today's guest on “The Daily Signal Podcast,” also discusses the panel's topic: “Why Protecting Independence Is Vital for Opportunities and Flexibility.” (The Daily Signal is the news outlet of The Heritage Foundation.)“When it comes to independence, this country was founded based on independence, right?” he says. “We innately want … freedom, and free enterprise is alive and well, and it's tied to that,” the founder of Troutman Alliance LLC adds. “Now, what does that mean? Well, [it's] the freedom to choose, the freedom to live life on our own terms, to go where we want to go,” On the podcast, Troutman discuss his businesses, his advice to those interested in opening their own business, and the Labor Department's recently proposed overtime rule. Hosted on Acast. See acast.com/privacy for more information.

  Landaas & Company newsletter  October edition now available. Advisors on This Week's Show Kyle Tetting Steve Giles Kendall Bauer (with Max Hoelzl, and Joel Dresang, engineered by Jason Scuglik) Week in Review (October 9-13, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday No major announcements Wednesday Prices on the wholesale level rose more than analysts expected in September, fueled by increases in energy costs. The Bureau of Labor Statistics said its Producer Price Index rose 0.5% from August. Demand for goods climbed 0.9%. Since September 2022, the PPI rose 2.2%, the fastest rate since April, but down from an 11.7% one-year pace in March 2022. Excluding volatile prices for food, energy and trade services, the core PPI advanced 0.2% for the month and was up 2.8% from the year before, which was on par with recent months and down from 7.1% in March 2022. Thursday Shelter costs accounted for more than half of the 0.4% increase in inflation in September. The Bureau of Labor Statistics said gasoline prices also added to its Consumer Price Index. The gain was down from 0.6% in August. In the latest 12 months, the broadest measure of inflation rose at a 3.7% pace, tied with August for the slowest in 30 months and down from 9.1% in June 2022. The core CPI, which strips out volatile costs for food and energy, rose 0.3% from August and 4.1% from September 2022. The year-to-year rate was the lowest in two years and down from 6.6% a year ago. Based on CPI data, the Social Security Administration announced a 3.2% adjustment to benefits in 2024. That was a drop from 8.7% in 2023, the biggest raise for Social Security recipients since 1981. The average cost-of-living adjustment since Social Security began adjusting benefits to inflation in 1975: 3.8%. Social Security said the average recipient can expect an added $50 in their benefit checks, beginning in January. The four-week moving average for initial unemployment claims sank for the sixth week in a row, reaching 44% below the all-time average and the lowest level since January. The Labor Department said fewer than 1.6 million Americans claimed jobless benefits in the most recent week, down 0.2% from the week before but up 28% from the same time last year. The historically low claims numbers illustrate the reluctance of employers to let workers go in a tight labor market. Friday A preliminary reading of consumer sentiment in October showed lower confidence because of higher expectations for inflation. The survey-based index from the University of Michigan dropped 7.5% from where it stood at the end of September. It was 5.2% ahead of where it was in October 2022. One-year expectations for inflation rose to their highest level since May, staying well above the range before the pandemic. Long-term expectations also edged up. According to the university, expectations for rising prices tend to stifle consumer spending, which drives nearly 70% of U.S. economic activity.  MARKET CLOSINGS FOR THE WEEK Nasdaq – 13407, down 24 points or 0.2% Standard & Poor's 500 – 4328, up 19 points or 0.4% Dow Jones Industrial – 33671, up 263 points or 0.8% 10-year U.S. Treasury Note – 4.63%, down 0.16 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

Plus: TikTok sues Montana to block statewide ban. The European Union's antitrust watchdog orders Illumina to unwind $7.1 billion cancer-test company acquisition. And new Labor Department data shows inflation held steady in September. Danny Lewis reports. Learn more about your ad choices. Visit megaphone.fm/adchoices

JOIN FOOD STORAGE FEAST FOR $2.99 PER MONTH Learn skills to turn basic foods into delicious meals all year long. The Food Storage Feast Membership pays for itself with a bounty of amazing meals, it's the education you can eat! Food Storage Feast Endorsement: “Food Storage Feast is one of the most important recommendations I can make for your preparedness. Chef Keith has changed my entire perspective on how to really enjoy living off food storage.” -Joel Skoussen, Author Strategic Relocation, Publisher World Affairs Brief Harvest Eating Spice Blends To Return We're excited to share the news that the Harvest Eating spice line is coming back! The supply chain issues have eased, and the ideal packaging is readily available in the quantities we need to make this happen. Initially, we will have the following varieties available: Grilled Chicken- Steakhouse Blend Carolina BBQ Northern Italian Montana Steak and a breakfast sausage blend will also come later this year. Our prices have increased substantially but we will do our best to make these as affordable as possible. We will announce a pre-order soon and expect to be shipping by the end of October. WHAT IS ON THE MENU: Hashbrown Casserole Buffalo Sliders Locally-raised beef is excellent!   FOOD INDUSTRY AND HARVEST NEWS: Flu-Resistant Chickens UK scientists have successfully used gene-editing technology to create chickens that have some resistance to avian flu, offering a potential solution to prevent future outbreaks. A lethal version, H5N1, has been damaging poultry farms globally in recent years. Since February 2022, the avian flu has directly or indirectly killed over 58 million chickens and turkeys in the US, including recent outbreaks in Utah and South Dakota. As of July, 685 outbreaks have been reported globally. The researchers used CRISPR technology to alter two amino acids in a chicken protein called ANP32A, which is critical for bird flu virus replication. They then edited chicken embryos to produce 10 chickens with the altered protein before exposing the chickens (and 10 nonedited chickens) to a virus strain—only one gene-edited chicken became infected, compared to all nonedited chickens. When subjected to a viral dose 1,000 times higher, half of the gene-edited chickens were infected but had lower virus levels in their airways. Regulatory testing and approvals are necessary before gene-edited chickens can be considered for consumption, with an estimated timeline of about 20 years. TODAY'S MAIN TOPIC: One of my favorite recipes is Heirloom Berkshire Pork w Apples, Hard Cider & Sage it's such a perfect fall or even early winter dish. I wanted to shout out again to you all. I do want to ask a favor, PLEASE find local pork to make this. Here are a few sources: https://sevensons.net/store/product/pork-shoulder-boston-butt https://whiteoakpastures.com/collections/pastured-pork/products/pastured-boston-butt-bone-in These farms offer truly regeneratively raised pork, it's not cheap, but you‘re getting the best-tasting pork that was raised in a manner that helps the land and where the pigs had a great life with only one bad day. Purchasing from either of these places also supports a farm family, their employees, and their local community. It's easy to make this dish and the page listed contains a video showing the exact method. HOMESTEAD TSUNAMI: I wanted to recommend a few podcasts I have started listening to; The Modern Homesteading Podcast and the Homesteaders of America Podcast, they can be found in just about all podcast destinations. ECONOMIC NEWS: Inflation continues to drag on the economy as wholesale prices rose 2.2 % in September, this is bad! The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — climbed 2.2% from a year earlier. That was up from a 2% uptick in August. On a month-to-month basis, producer prices rose 0.5% from August to September, down from 0.7% from July to August. This sort of inflation brings more pain to families buying food each week which results in fewer purchases in other areas such as discretionary spending including entertainment, and dining out, and usual product purchases such as clothing, electronics, appliances, etc. https://www.ksl.com/article/50749208/wholesale-inflation-rises-22-in-september-biggest-year-over-year-gain-since-april PRODUCT RECOMMENDATION: Excalibur Food Dehydrator- I have owned one since 2014 and it runs perfectly each time and does an amazing job drying all types of foods such as fruits, jerky, camping meals, etc. CLOSING THOUGHTS: This pork apple and cider dish is really terrific, I hope you give it a try and support a small local farm in the process. RESOURCES FOR THIS EPISODE: https://www.ksl.com/article/50749208/wholesale-inflation-rises-22-in-september-biggest-year-over-year-gain-since-april LINKS TO CHECK OUT: Harvest Eating Youtube Support Harvest Eating Enroll in Food Storage Feast Brown Duck Coffee About Chef Keith Snow LISTEN TO THE PODCAST: On iTunes Fountain FM Stitcher Radio Player FM Google Top Podcast Audible Podbay

Jobs report - a blowout. Build the Wall (again). Short squeeze - that was something. What other surprises can the market ignore? PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - ROFL - Experts have no idea - Strikes still coming - Virginia is cold - Building a Wall! - Announcing the Winner of the CTP for NVDA Market Update - Employment Report Hot - Markets cave and then..... - Next up on list of surprses - Israel conflict (odd market action - but explainable) - Not a surprise - Fed gang talks down rate hike - Once again - entering earnings season - Even more potential strikes JOBS - U.S. employment increased by the most in eight months in September as hiring rose broadly, pointing to persistent labor market strength that could give the Federal Reserve ammunition to raise interest rates again, though wage growth is slowing. - The larger-than-expected surge in nonfarm payrolls last month and sharp upward revisions to July and August's jobs counts reported by the Labor Department in its closely watched employment report on Friday cemented expectations that economic activity accelerated in the third quarter. - Bond yields initially surged, then came back a bit - for whatever reason stocks surged late morning into the end of the day - -  Bond yields came in a bit, but weird situation - still elevated. Looked like a short-cover extraordinaire initially ---- Here is other side of the thinking (bull camp (just keep investing)  - "With bond yields soaring, the dollar strengthening, and equity market volatility increasing there is a renewed tightening of financial conditions that does some of the work for the Fed, so it's not a done deal the Fed hikes rates again," said Kathy Bostjancic, chief economist at Nationwide. ----------The broad increase in payrolls was led by the leisure and hospitality industry, which added 96,000 jobs. Restaurants and bars dominated, with 61,000 positions created, returning employment in the sector back to its pre-pandemic level. Strike is On - Tens of thousands of nurses and other healthcare workers launched a planned three-day strike at Kaiser Permanente facilities across the U.S. on Wednesday, after contract talks failed to meet the union deadline for reaching a settlement. - Only going to get worse - MORE-->  Pharmacy employees at some U.S. Walgreens stores, including pharmacists, technicians and support staff, plan a walkout this week - between Monday and Wednesday - The walkout is in response to what pharmacy employees call burdensome prescription and vaccination expectations placed on pharmacists, the report said. Tesla - Needs to be in the news everyday - clearly this is a general plan by management - Drops prices again after lower unit deliveries - stock ignores the reality - Something weird with the stock recently...Way too much optimism (either manipulation/inside buying/something else?) War - Israel and ... - Big horrible situation in the Mid-East - Oil surges on conflict - Gaza strip cuttoff - ground offensive about to begin - Quite the social media war going on - misinformation on parade ---- Sunday futures get knocked then markets  rally on Monday (see below) Fed - Not Surprising - Top ranking Federal Reserve officials indicated Monday that rising yields on long-term U.S. Treasury bonds, which directly influence financing costs for households and businesses, could steer the Fed from further increases in its short-term policy rate and substitute the work done by financial markets for formal monetary policy moves by the central bank. - "We are in a sensitive period of risk management, where we have to balance the risk of not having tightened enough,

Employers added 336,000 jobs in September, almost double the 170,000 estimated, according to figures released by the Labor Department. Great news if you're looking for work there, of course, but if you're in the Federal Reserve, America's central bank, and worried about the economy overheating, maybe not so good. (Picture: Portrait of smiling waitress carrying food and drink on serving tray in bar. Picture credit: Getty Images)

The Labor Department released the September jobs report on Friday and it was hotter than expected. Initially, stocks sold off as the bears saw it as a potential sign that the Federal Reserve might continue to raise interest rates. But, stocks made a U turn and ended higher after investors digested the data which did also showed lower than expected wage growth.  If the economy can add jobs without cuasing more inflation, that would be a goldilox scenario. It's only one report, but the bulls won the day. Topics discussed on this podcast: Jobs Economy Warren Buffett Gamestop For more information, go to https://www.creatingricherlives.com #jobs #warrenbuffett #gamestop #economy #today #listening @CAPTRUST

A whopping 336,000 jobs were created last month, according to the Labor Department. That figure is way higher than expected. We discuss how investors might be feeling and what it means for the Federal Reserve as continues trying to tamp down inflation. But first, there are signs of progress in the United Auto Workers strike. Then, we check in with how Europe’s smaller, independent hotels faring.

Wall Street’s main indexes were poised for a sharply lower open on Friday after a strong jobs report deepened fears that interest rates may stay elevated for an extended period. The Labor Department’s report showed non-farm payrolls increased by 336,000 jobs in September on a monthly basis, against expectations of 170,000 additions, according to a … Continue reading "The Good News Is Bad News Problem…"

Jim and Jayme react to the employment numbers for September released by the U.S. Labor Department this morning. 

  Landaas & Company newsletter  October edition now available. Advisors on This Week's Show Kyle Tetting Adam Baley Dave Sandstrom (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Oct. 2-6, 2023) Significant Economic Indicators & Reports Monday Manufacturing continued its slump in September, according to the Institute for Supply Management's manufacturing index. The index signaled contraction for the 11th month in a row, although at the highest level in that period. Purchasing managers surveyed by the trade group said that along with a slowdown in demand for manufactured items, their production execution and supply chains have improved. The index also reported an expansion in hiring. The Commerce Department said the annual rate of construction spending rose in August for the eighth month in a row. The rate of $1.98 trillion was 7.4% above the year-ago pace. Residential expenditures, which accounted for 45% of total spending, increased from the August pace but were 3% slower than the year before because of a drop in multi-family housing construction. Spending on manufacturing construction (about 10% of all expenditures) rose 66% from the year before. Tuesday Employers expanded job openings in August for the first time in four months. According to the Bureau of Labor Statistics, the number of help-wanted posts rose nearly 8% to 9.6 million openings. Employers in professional and business services showed the biggest need for workers. Demand for employees has slid from an all-time high of 12 million openings in March 2022 but remained above the pre-pandemic level of 7 million. Data showed little change in the numbers of hires or separations. The level of employees quitting their jobs – a sign of worker confidence – was on par with both July and February 2020. Quits peaked in late 2021 and early 2022. Wednesday Orders for factory goods rose in August for the fifth time in six months, the Commerce Department reported. Manufacturing orders were up 1.2% from July, following a 2.1% decline from June. Compared to August 2022, orders were up 0.5%. Excluding volatile orders for transportation equipment, demand for factory goods rose 1.4% from July and was down 1.5% from the year before. Core capital goods orders, a proxy for business investments, rose 0.6% for the month and were up 2.1% from August 2022. The U.S. services sector continued expanding in September, though at a slightly slower pace, according to the Institute for Supply Management. The trade group's services index showed the ninth consecutive month of expansion, with signs of slower movement in new orders and hiring. The ISM said based on past history, the index suggested the entire U.S. economy was growing at a 1.3% annual pace. Thursday The U.S. trade deficit shrank 10% in August to $58.3 billion. The deficit, which detracts from gross domestic product, resulted from a 0.7% decrease in the value of imports bought and a 1.6% rise in exports sold. The decline in imports was led by crude oil and cell phones, while crude oil, cars and travel services helped exports grow. Through the first eight months of 2023, the trade gap narrowed nearly 21% from the year before as imports fell by 4% and exports increased by 1%. The four-week moving average for initial unemployment claims sank for the fifth week in a row, reaching the lowest level since February. Data from the Labor Department showed average new applications for jobless benefits dipped 43% below the 56-year average, underscoring employers' reluctance to let workers go. More than 1.6 million Americans were receiving unemployment benefits in the latest week, down 3% from the week before and up 29% from the same time in 2022. Friday Employers added 336,000 jobs in September, above the 12-month average of 267,000 and the 33rd consecutive month of gains. The Bureau of Labor Statistics reported broad increases in payroll jobs,

A whopping 336,000 jobs were created last month, according to the Labor Department. That figure is way higher than expected. We discuss how investors might be feeling and what it means for the Federal Reserve as continues trying to tamp down inflation. But first, there are signs of progress in the United Auto Workers strike. Then, we check in with how Europe’s smaller, independent hotels faring.

Employers added 336,000 jobs in September, almost double the 170,000 estimated, according to figures released by the Labor Department. Great news if you're looking for work there, of course, but if you're in the Federal Reserve, America's central bank, and worried about the economy overheating, maybe not so good.

Job growth was stronger than expected in September, a sign that the U.S. economy is working despite higher interest rates, labor battles and disfunction in Washington. Nonfarm payrolls increased by 336,000 for the month, better than the Dow Jones estimate for 170,000 and more than 100,000 higher than the previous month, the Labor Department said Friday.  The unemployment rate was 3.8%, compared to the forecast for 3.7% The payrolls increase was the best monthly number since January. The strong numbers are better for the economy than the August numbers, but also signal that the economy refuses to slow down, despite the Federal Reserves efforts to get prices and hiring closer to normal levels. Learn more about your ad choices. Visit megaphone.fm/adchoices

Friday's Labor Department report for September is expected to show a further moderation in job growth, but investors are wary of potential surprises.Important DisclosuresInformation on this site is for general informational purposes only and should not be considered individualized recommendations or personalized investment advice. The type of securities and investment strategies mentioned may not be suitable for everyone. Each investor needs to review a security transaction for his or her own particular situation. All expressions of opinion are subject to change without notice in reaction to shifting market, economic and geo-political conditions.Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.All corporate names are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Investing involves risk, including loss of principal.Past performance is no guarantee of future results.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries.Google Podcasts and the Google Podcasts logo are trademarks of Google LLC.Spotify and the Spotify logo are registered trademarks of Spotify AB.

The Labor Department is investigating Tyson Foods and Perdue Farms after reporting from The New York Times found that migrant children had been working hazardous overnight shifts. How have minors been able to work some of most dangerous jobs in this country? We’ll also get the latest on the Kaiser Permanente strike — believed to be the biggest health care industry strike in U.S. history.

The Labor Department is investigating Tyson Foods and Perdue Farms after reporting from The New York Times found that migrant children had been working hazardous overnight shifts. How have minors been able to work some of most dangerous jobs in this country? We’ll also get the latest on the Kaiser Permanente strike — believed to be the biggest health care industry strike in U.S. history.

  Landaas & Company newsletter  October edition now available. Advisors on This Week's Show Kyle Tetting Art Rothschild Mike Hoelzl (with Max Hoelzl, Joel Dresang, engineered by Reuben Neese) Week in Review (Sept. 25-29, 2023) Significant Economic Indicators & Reports Monday No major releases Tuesday Housing prices reached an all-time high July, according to the S&P CoreLogic Case-Shiller home price index. The previous peak was in June 2022, after which price increases decelerated for six months. The index shows home prices up 1% from the year before. An S&P analyst said higher mortgage rates and economic weakness could offset momentum, but the breadth and strength of the July data were encouraging. The Conference Board said its consumer confidence index fell in September for the second month in a row as short-term expectations dipped below the level that historically indicates a recession in the next year. The business research group said more consumers are registering fears of a downturn as well as rising prices and political disruption. The group said it expects a shallow recession in the first half of 2024. The seasonally adjusted annual rate of new home sales fell nearly 9% in August, although it was up almost 6% from the year before. The Commerce Department reported that the median price for a new house fell 2% from the year before to $430,300. The supply of new houses rose to the highest level since March. Wednesday The Commerce Department said orders for durable goods rose in August for the fifth time in six months. The 0.2% increase was broadly distributed. A rise in defense orders offset a decline in commercial aircraft contracts. Excluding transportation equipment, orders rose 0.4%; they declined 0.7% when defense orders were excluded. Total durable goods orders were up 4.2% from August 2022. Core capital goods orders, a proxy for business investments, rose 0.9% from July and were up 10% from the year before. Thursday The U.S. economy grew at an annual pace of 2.1% in the second quarter of 2023, according to a final estimate of the gross domestic product. The rate was unchanged from a previous estimate by the Bureau of Economic Analysis and down from 2.2% in the first quarter. Measured year to year, the economy grew 2.4%. Consumer spending, which drives more than two-thirds of the economy, was slower than initially estimated. Slower spending drove the personal saving rate up to 5.2% from the previous estimate of 4.7% of disposable income. The four-week moving average for initial unemployment claims dropped for the fourth week in a row, falling to the lowest level since early February. The average was down 42% from its 56-year average, highlighting employers' continued reluctance to let workers go. The Labor Department said nearly 1.7 million Americans were claiming unemployment compensation in the latest week, down 0.5% from the week before. The National Association of Realtors said its index on pending home sales sank more than 7% in August as higher mortgage rates and low inventory diminished demand. Plans to buy houses were down nearly 19% from the year before, the trade group reported. Friday Consumer spending increased 0.4% in August, in line with gains in income for the month. Higher prices accounted for some of the spending growth. Corrected for inflation, spending was up 0.1%, according to the Bureau of Economic Analysis. The Federal Reserve's favorite inflation gauge – the Personal Consumption Expenditure index – also edged up 0.4% in August but was just 0.1% when volatile prices for energy and food were excluded. Since August 2022, the PCE was up 3.5% while the core PCE rose 3.9%, the least since May 2021. The University of Michigan's consumer sentiment index rose slightly in September, though it was down marginally from its mid-month mark. The reading of 68.1 was 16% higher than the year before, when sentiment was near a record low.

Last month, large stoppages from strikes resulted in 4.1 million missed days of work, according to the Labor Department. That preliminary estimate was the biggest monthly total since August 2000. - In the United States, the labor movement and the occurrence of strikes really began in the late 19th century. This was aa time of rapid industrialization (one could draw parallels to AI), horrendous working conditions, and negligible workers' rights. - One of the earliest and most notable strikes was the Great Railroad Strike of 1877, precipitated by wage cuts and poor working conditions, which saw massive and widespread worker revolts which eventually led to federal intervention. Notes: https://kylascan.notion.site/Writer-s... Blog: https://kyla.substack.com Linkedin: https://www.linkedin.com/in/kylascanlon/ TikTok: https://www.tiktok.com/@kylascan? Twitter: https://twitter.com/kylascan Instagram: https://www.instagram.com/kylascan/?h... All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me. DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.

The United Auto Workers went on strike against the 'big three' car makers - Ford, GM and Stellantis - earlier this month. That is the first time they've all been targeted at the same time, The automakers have offered the UAW pay raises, but say the cost of transitioning to electric cars prevents them from meeting all the union's demands. We recently spoke with FOX Business correspondent Jeff flock and former Labor Department economist Diana Furchtgott-Roth about the issues at the center of this strike, and how workers pay, climate change policy and politics have all factored in. The segment also touched on whether rapidly advancing technology has created anxiety among workers in a variety of industries, and if we more labor disputes and work stoppages should be expected. We made edits for time and thought you might like to hear our entire conversation with both FBN's Jeff Flock and economist Diana Furchtgott-Roth. On today's FOX News Rundown Extra, you'll hear even more of their analysis of the UAW strike, and why there appears to be so many labor disputes in the country Learn more about your ad choices. Visit megaphone.fm/adchoices

The United Auto Workers went on strike against the 'big three' car makers - Ford, GM and Stellantis - earlier this month. That is the first time they've all been targeted at the same time, The automakers have offered the UAW pay raises, but say the cost of transitioning to electric cars prevents them from meeting all the union's demands. We recently spoke with FOX Business correspondent Jeff flock and former Labor Department economist Diana Furchtgott-Roth about the issues at the center of this strike, and how workers pay, climate change policy and politics have all factored in. The segment also touched on whether rapidly advancing technology has created anxiety among workers in a variety of industries, and if we more labor disputes and work stoppages should be expected. We made edits for time and thought you might like to hear our entire conversation with both FBN's Jeff Flock and economist Diana Furchtgott-Roth. On today's FOX News Rundown Extra, you'll hear even more of their analysis of the UAW strike, and why there appears to be so many labor disputes in the country Learn more about your ad choices. Visit megaphone.fm/adchoices

  Landaas & Company newsletter  September edition now available. Advisors on This Week's Show Kyle Tetting Adam Baley Tom Pappenfus with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik Week in Review (Sept. 18-22, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday Trends for housing starts and building permits moved in opposite directions, according to the Commerce Department. The annual pace of starts declined 11% from July, sinking to the slowest pace since June 2020. Meanwhile, permits – an indication of future housing construction – rose nearly 7% from July, though they were almost 3% below the pace in August 2022. After pent-up demand and historically low mortgage rates rallied home building to its briskest levels since 2006, activity has tapered off in the last year amid higher interest rates. The pace of single-family houses under construction slowed for the 15th month in a row. Wednesday No major announcements Thursday Labor market conditions remained robust as the four-week moving average for initial unemployment claims declined for the third week in a row. The measure was 41% below the all-time average and the lowest since February, according to data from the Labor Department, a sign of employers' continued reluctance to let workers go. Nearly 1.7 million Americans were receiving jobless benefits in the latest week, down from 5% the week before but up 30% from the year before. The annual rate of existing home sales fell 0.7% to 4 million in August, the third slowdown in three months, down 15% from the year-ago pace. The National Association of Realtors said an ongoing lack of houses for sale continued to raise prices. Inventory dropped to a 3.3-month supply, about half of what the trade association said was needed to stabilize pricing. The median sales price hit $407,100 in August, up nearly 4% from the year before. The Conference Board's index of leading economic indicators fell in August for the 17th month in a row. The index declined 0.4% from July because of weaker measures for factory orders, consumer expectations, interest rates and credit conditions. Nearly a year and a half of falling indicators prompted the business research group to forecast a “challenging growth period and possible recession,” with projections of 2.2% economic growth in 2023 and 0.8% in 2024. Friday No major announcements MARKET CLOSINGS FOR THE WEEK Nasdaq – 13212, down 497 points or 3.6% Standard & Poor's 500 – 4320, down 130 points or 2.9% Dow Jones Industrial – 33964, down 654 points or 1.9% 10-year U.S. Treasury Note – 4.44%, up 0.11 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

The United Auto Workers have been on strike for five days, with the union issuing demands for higher pay from the big car companies, who they argue are overpaying their executives while underpaying their laborers. UAW President Shawn Fain organized an aggressive, unprecedented strike on assembly plants at Ford, General Motor and Stellantis. As the labor negotiations continue, President Biden has voiced support for the strike while former President Trump has shared criticism of UAW union leadership. Fox Business' Jeff Flock joins the Rundown to explain Fain's plans with this strike and the public support for the union. Later, former Labor Department economist Diana Furchtgott-Roth breaks down the politics and policies that drove workers towards this strike. In Fairfax County, Virginia, parents have recently voiced concern about the race and gender education curriculum in their schools. Even on a national scale, the teaching of these topics in classrooms has become a major conversation on the 2024 campaign trail. From Governor Ron DeSantis introducing Florida's Parental Rights in Education Act to Virginia Governor Glenn Youngkin banning schools from teaching "divisive concepts like critical race theory," parents and politicians alike are paying more attention to the curriculum. On the Rundown, FOX Business' Edward Lawrence, who is focusing on the curriculum controversy as part of FBN's weeklong series on "Education in America," shares why some parents are criticizing the public education system and details how different states are challenging these issues. Plus, commentary from host of OutKick's Tomi Lahren is Fearless, Tomi Lahren. Learn more about your ad choices. Visit megaphone.fm/adchoices

The United Auto Workers have been on strike for five days, with the union issuing demands for higher pay from the big car companies, who they argue are overpaying their executives while underpaying their laborers. UAW President Shawn Fain organized an aggressive, unprecedented strike on assembly plants at Ford, General Motor and Stellantis. As the labor negotiations continue, President Biden has voiced support for the strike while former President Trump has shared criticism of UAW union leadership. Fox Business' Jeff Flock joins the Rundown to explain Fain's plans with this strike and the public support for the union. Later, former Labor Department economist Diana Furchtgott-Roth breaks down the politics and policies that drove workers towards this strike. In Fairfax County, Virginia, parents have recently voiced concern about the race and gender education curriculum in their schools. Even on a national scale, the teaching of these topics in classrooms has become a major conversation on the 2024 campaign trail. From Governor Ron DeSantis introducing Florida's Parental Rights in Education Act to Virginia Governor Glenn Youngkin banning schools from teaching "divisive concepts like critical race theory," parents and politicians alike are paying more attention to the curriculum. On the Rundown, FOX Business' Edward Lawrence, who is focusing on the curriculum controversy as part of FBN's weeklong series on "Education in America," shares why some parents are criticizing the public education system and details how different states are challenging these issues. Plus, commentary from host of OutKick's Tomi Lahren is Fearless, Tomi Lahren. Learn more about your ad choices. Visit megaphone.fm/adchoices

  Landaas & Company newsletter  September edition now available. Advisors on This Week's Show Kyle Tetting Steve Giles (with Max Hoelzl, Joel Dresang, engineered by Jason Scuglik) Week in Review (Sept. 11-15, 2023) Significant Economic Indicators & Reports Monday No major announcements Tuesday No major announcements Wednesday The broadest measure of inflation delivered mixed signals from August. For the month, the Consumer Price Index rose 0.6%, the most in 14 months, according to the Bureau of Labor Statistics. A 10.6% jump in the price of gasoline accounted for more than half the increase. Also contributing: Shelter costs, which rose for the 40th month in a row. The core CPI, which excludes volatile prices for food and energy items, rose 0.3% from July. Year to year, the CPI was up 3.7%, after reaching 3% in June. The core index fell to 4.3% from the year before, the lowest in nearly two years. Thursday Higher gas prices also boosted inflation on the wholesale level in August. The Bureau of Labor Statistics said its Producer Price Index rose 0.7%, the biggest gain in 14 months. Food prices fell for the fourth time in five months. Excluding food, energy and trade services, the core PPI rose 0.3% for the second month in a row. Since August 2022, the PPI rose 1.6%, which was the most since April. The core PPI was up 3% from the year before, compared to 2.9% in July. The four-week moving average for initial unemployment claims fell for the second week in a row and the seventh time in 11 weeks, reaching the lowest level since February.  According to Labor Department data, the average moved to 224,500 new applications, 39% below the average since 1967. Just under 18 million Americans claimed jobless benefits in the latest week, down more than 2% from the week before and up about 28% from the year before. The Commerce Department reported a 0.7% rise in retail sales in August, fueled by higher gas prices. Excluding gas stations, sales rose 0.2% for the month, compared with 0.5% in July. Sales rose in 10 of 13 categories. Sellers of furniture, sporting goods and miscellaneous merchandise experienced declines. Adjusted for inflation, retail sales fell 0.1% in August, the first decline since March. Friday U.S. industrial output rose 0.4% in August, the second gain in a row, though down from a 0.7% increase in July. A 5% drop in production from the auto industry held back the measure, the Federal Reserve reported. Output from factories rose 0.1%, but excluding motor vehicles and parts, manufacturing increased 0.6%. Since August 2022, overall industrial production rose 0.2%, with manufacturing output declining 0.6%. Meanwhile, capacity utilization rose marginally, reaching the 50-year average operating rate. Consumer sentiment stayed relatively steady in early September, according to the University of Michigan. A preliminary index reading of 67.7 was down from 69.5 at the end of August but about 35% above its record low in June 2022. Sentiment remained well below the historical average of 86. The university said consumer outlooks on economic conditions have improved modestly, but threats to shut down the government has the potential to send sentiment sliding. MARKET CLOSINGS FOR THE WEEK Nasdaq – 13708, down 53 points or 0.4% Standard & Poor's 500 – 4450, down 7 points or 0.2% Dow Jones Industrial – 34619, up 42 points or 0.1% 10-year U.S. Treasury Note – 4.32%, up 0.06 point Not a Landaas & Company client yet? Click here to learn more. More information and insight from Money Talk Money Talk Videos Follow us on Twitter. Landaas newsletter subscribers return to the newsletter via e-mail

Might it be that we have a new word to describe inflation?  That's how we kick off the business news headlines today as the Labor Department released the latest numbers that reflected both an increase and a decrease.  How can that be?  Keep listening and we'll share.  If you want to reach us on social media and if you're on Threads you can find us @Insight_On_Business. And you can hook up with us all day on Twitter or "X" @IOB_NewsHour and on Instagram.  Here's what we've got for you today: Inflation: Up? Down? What? Apple, France and Radiation made the news; The clock is ticking what will the UAW do? An update; Amazon to increase pay & benefits for contract workers; Which state is the happiest?  We'll give you the top five; Sen. Mitt Romney of Utah says he is not running in 2024; J.C. Penny and "the hard-working American family"; The Wall Street Report; Consumers are calling it..."Tipping Hell" and the result. 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 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.

Surges of migrants continue coming to the U.S.-Mexico border in hopes of entry, leading to what many deem an ongoing border crisis, as border patrol agents struggle to control the border with limited resources & a surplus of immigrants coming daily. This has impacted every state in America, as critics claim a loose border allows for deadly drugs like fentanyl to make their way to the U.S. while large groups of migrants overwhelm small border towns and take buses or planes to sanctuary cities that have now run out of space. One district particularly impacted is Texas' 23rd district — which makes up 800 miles of the U.S.-Mexico border. On the Rundown, Congressman Tony Gonzales, who represents this district, joins to discuss how the border crisis continues impacting his constituents, why it's up to Republican lawmakers in Congress to craft border legislation as the Biden administration neglects to do so, and what pathway he believes should be available to migrants wanting to enter the U.S. that is safe and efficient. The August jobs report released on Friday bodes well for the U.S. economy, with the Labor Department reporting 187,000 jobs added. Unemployment changed unexpectedly, however, increasing to 3.8 percent, which is the highest jobless rate since February 2022. This marks one of the biggest jumps in unemployment since before the COVID-19 pandemic. Co-host of The Big Money Show on FOX Business Brian Brenberg joins the Rundown to break down the current state of the economy, explain why the rising unemployment rate can have positive impacts down the road, and explain why many companies are grappling with a hybrid-work model to save on spending. Plus, commentary by Jimmy Failla, host of “Fox Across America with Jimmy Failla.” Learn more about your ad choices. Visit megaphone.fm/adchoices

The Labor Department released its latest employment data, revealing 187,000 new jobs added to the U.S. economy in August. CNBC reporters Rick Santelli and Steve Liesman discuss whether the unemployment rate, which ticked up to 3.8%, will inform the Federal Reserve's monetary policy moving forward. President Obama's former chief economic advisor Betsey Stevenson, Nuveen's CIO Saira Malik, and former deputy director of the National Economic Council Andrew Olmem discuss the data and the influence it will have on interest rate hikes in the second half of the year.  In this episode:Melissa Lee, @MelissaLeeCNBCScott Wapner, @ScottWapnerCNBCSteve Liesman, @steveliesmanRick Santelli, @RickSantelliCameron Costa, @CameronCostaNY

A new rule proposed by the Labor Department could help limit coal miners' exposure to a toxic dust called silica.  “The purpose of this proposed rule is simple: prevent more miners from suffering from debilitating and deadly occupational illnesses by reducing their exposure to silica dust,” Chris Williamson, assistant secretary for mine, safety and health, said in a statement. “Silica overexposures have a real-life impact on a miner's health.” Williamson has said the proposal was inspired, in part, by FRONTLINE and NPR's 2019 investigation, which exposed a link between silica dust and an epidemic of severe black lung disease. Our documentary Coal's Deadly Dust highlighted the resurgence of black lung — and how federal regulators and the industry had failed to protect miners.  “Struggling for Breath in Coal Country” was originally released alongside the film in 2019. In this archival episode of The FRONTLINE Dispatch, correspondent Howard Berkes spoke with coal miners whose lives were forever changed when they were diagnosed with the disease. Coal's Deadly Dust is streaming at pbs.org/frontline, in the PBS App and on FRONTLINE's YouTube channel. Want to be notified every time a new podcast episode drops? Sign up for The FRONTLINE Dispatch newsletter.

It's News Day Tuesday! But first, Sam and Emma speak with writer and conflict analyst Hannah Rae Armstrong to discuss the developments in the conflict in Niger. First, Sam and Emma check in on Senate Minority Leader Mitch McConnell, doing some retail politics in Kentucky and getting mercilessly booed and heckled for his troubles. Then, they're joined by Hannah, in a dispatch from where she's located in Dakar, Senegal, to give some context to the burbling conflict in Niger, and the history of the Sahel region where the country is located, one that has been defined by coups recently. Hannah mentions that, given the turbulence in the Sahel countries of Niger, Burkina Faso, & Mali, it's been known as the "Coup Corridor" in Africa. Emma probes on why, in Niger, per Hannah, the leadership under Nigerien President Bazoum was mostly democratically elected in name only. Hannah then breaks down some of the electoral history in Niger prior to Bazoum, and the military action that was taken to depose Bazoum and who seized from him. Sam asks Hannah about the colonial and resource-based interests within the country and if that factors in at all to the regional turbulence, an influence (in this case, from the French) that Hannah concedes is slightly overblown at this point. They then touch upon the regional influence that the Russian mercenary Wagner Group have in the area, with Wagner leader Prigozhin going so far as to congratulate military leaders on the coup of President Bazoum, and if that had any influences on the conflict, and if there's any chance of a proxy war in the region given some of these outside foreign influences. They then discuss the inevitable American influence on this conflict, and how, as with many global destabilization efforts, military leaders and members had been trained and matriculated in the U.S., and whether the U.S. support for President Bazoum is sincere. Hannah tells Sam and Emma what might be next for Niger the country and the Sahel region going forward before she jumps off. Afterwards, Sam touches on Lee Harris's reporting in The American Prospect about Biden's Labor Department being set to issue a ruling on the Davis-Bacon Act, a ruling that could raise the salaries of some of the lowest-paid workers on infrastructure projects. And in the Fun Half, Sam and Emma check in on Ron DeSantis bravely monologuing to NBC for 2 minutes before conceding that Donald Trump lost the 2020 election, as well as former Trump Press Secretary Kayleigh McEnany potentially...admitting she watched private testimony from Hunter Biden's business associate Devon Archer last week. They then touch on an inscrutable point Greg Gutfeld tried to make about "mobs", then zero in on RFK's...seemingly thin healthcare policy that he outlined on milquetoast podcaster Jimmy Dore's show yesterday. Plus, your calls & IM's! Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Subscribe to the ESVN YouTube channel here: https://www.youtube.com/esvnshow Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! http://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: http://majority.fm/app Check out today's sponsors: Henson Shaving:  Henson Shaving: Go to https://hensonshaving.com/majority and use code MAJORITY for a free 100-pack of blades! Rhone: Upgrade your closet with Rhone and use MAJORITYREPORT to save 20% at  https://www.rhone.com/MAJORITYREPORT ZBiotics: Remember to head to https://ZBiotics.com/MAJORITY and use the code MAJORITY at checkout for 15% off.  Thank you ZBiotics for sponsoring this episode. Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattBinder @MattLech @BF1nn @BradKAlsop Check out Matt's show, Left Reckoning, on Youtube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Subscribe to Brandon's show The Discourse on Patreon! https://www.patreon.com/ExpandTheDiscourse Subscribe to Discourse Blog, a newsletter and website for progressive essays and related fun partly run by AM Quickie writer Jack Crosbie. https://discourseblog.com/ Check out Matt Binder's YouTube channel: https://www.youtube.com/mattbinder Check out Ava Raiza's music here! https://avaraiza.bandcamp.com/ The Majority Report with Sam Seder - https://majorityreportradio.com/

Former President Donald Trump pleads not guilty to new criminal charges. The Labor Department releases its monthly jobs report. Putin foe Alexei Navalny awaits a verdict on a slew of new charges.Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.Today's episode of Up First was edited by Krishnadev Calamur, Rafael Nam, Amra Pasic, and Ally Schweitzer. It was produced by Kaity Kline, Claire Murashima, and Lilly Quiroz. Our technical director is Zac Coleman, with engineering support from Carleigh Strange.

P.M. Edition for Aug 4. The Labor Department said employers added 187,000 jobs to the economy in July. Labor economics reporter Sarah Chaney Cambon has more. And billionaire investor Carl Icahn bows to pressure from activist investor Hindenburg. Investigative reporter Ben Foldy explains. Plus, we report that private-equity firm KKR is in advanced talks to buy book publisher Simon and Schuster. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices