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The Resilient US Consumer and AI Infrastructure. Guest: Elizabeth Peek. Despite concerns over tariffs and wars, consumer spending remains robust, fueled by record stock market levels and rising low-end wages. Peek argues against AI alarmism, noting that massive investments in AI infrastructure are creating a surge in blue-collar job demand for skilled trades like welding and construction. 21920
Preview for Later Today: Liz Peek. Liz Peek analyzes robust household spending driven by the "wealth effect" of record stock markets. She emphasizes that rising blue-collar wages and job demand are narrowing the divide between various spending classes.
Gov. Gavin Newsom proclaimed a state of emergency on Saturday night in response to a fire that has been burning at a cold-food storage facility in the Los Angeles neighborhood of Boyle Heights. Josh Boswell published a story earlier this year in The Daily Mail that scrutinized the millions Jennifer Siebel Newsom received from the nonprofit, Girls Club LLC. Please Like, Comment and Follow 'Philip Teresi on KMJ' on all platforms: --- Philip Teresi on KMJ is available on the KMJNOW app, Apple Podcasts, Spotify, YouTube or wherever else you listen to podcasts. -- Philip Teresi on KMJ Weekdays 2-6 PM Pacific on News/Talk 580 AM & 105.9 FM KMJ | Website | Facebook | Instagram | X | Podcast | Amazon | - Everything KMJ KMJNOW App | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.
Thank you. Thank you.Walking up this street two years ago was the proudest moment of my life. A new Labour government. The first in 14 years. A page in our country's history turned after years of disappointment and despair.The chance to change the lives of millions of people for the better. That's what I came into politics for. The journey to that point was not easy.Six years ago, I inherited a Labour Party that was politically, financially and morally bankrupt. I was told, time and time again, that my party was finished.That we were consigned to history, that a majority at the general election, let alone a landslide majority, was impossible. But we proved those people wrong because we changed our party.Ripping out the poison of antisemitism, restoring trust on the economy, defence, and national security.And becoming a party that, once again, stood proudly with, not against, our national flag. The hard work of change was with a singular purpose. Not power for power's sake but to change Britain for the better.To build a fairer country, with dignity and respect, where everyone is seen, everyone is valued. Wealth and opportunity for all, not just the privileged few. And look at what we've achieved in just two years.An economy that is stronger, growing faster than our peers. Wages rising faster than inflation in every single month since we came to power. Investment secured, infrastructure being built. An end to austerity, with the fastest fall in NHS waiting lists for 17 years.The biggest improvement in rights for workers and renters in a generation. The biggest uplift in defence spending since the Cold War. Small boat crossings falling, asylum hotels closing, protecting young people from social media, and half a million children being lifted out of poverty because of the choices that I made.Our reputation in the world restored, with Britain once again standing up for decency, respect and the rule of law. Securing trade deals, standing with Ukraine, standing up for our values, and rebuilding our relationship with our allies in Europe.Change promised by a Labour government. Change fought for by a Labour government, change delivered by a Labour government.But I know the question being asked now is not who was best placed to change the Labour Party, to take us into power, and to begin the vital work of improving lives for millions of people. Those questions have been answered.The question my party is asking now is whether I am best placed to lead us into the next general election. I have heard the answer of my parliamentary party to that question. And I accept that answer with good grace.Every decision I've taken has been about putting the country I love first. That is why I will resign as leader of the Labour Party. I have spoken to His Majesty the King this morning to inform him of my decision.I will ask the National Executive Committee of the Labour Party to set out a timetable with nominations opening on 9 July and completed by the summer recess. In the case of a contest, this will ensure a new leader is in place before Parliament returns in September.I will remain in post as Prime Minister until the contest is complete. And I will do everything I can to ensure an orderly handover of power.I will also give my successor my full and unequivocal support, knowing that they will inherit a Britain that is far stronger and fairer than the one I inherited two years ago, better prepared for the challenges ahead, and better able to ensure the Labour Party secures a second term in office.I want to thank all of those friends and colleagues who have been at my side for these past six years or so for their incredible commitment, service and support.I want to thank the brilliant No 10 staff and our country's extraordinary civil service, who dedicate their lives to public service.And when I leave, the biggest job in the country. I shall spend more time on the most important job. Being the best husband I can to my fantastic wife, Vic, who has been a rock by my side, through good times and bad. And being the best dad I can to my beautiful children, who are my pride and my joy.Thank you very much.
This guide covers the readings appointed in the Revised Common Lectionary for the Fifth Sunday after Pentecost (Proper 8), Year A, falling on June 28, 2026.This Sunday closes the four-week arc of Jesus' sending discourse in Matthew 10. The shape of that arc is worth holding in view as you prepare. Four weeks ago, Jesus called Matthew the tax collector from his table. Three weeks ago, he sent the twelve out with empty hands. Two weeks ago, he warned them about the cost of being sent. This week, the discourse closes with three short verses about welcome — a cup of cold water, a household opening its door, a small kindness that Jesus says is received as if it were given to him. After the heaviness of last week, the gentleness of this closing is itself part of the message: found, sent, warned, now received.The Old Testament tracks pull in very different directions. Track One brings us Genesis 22 — the binding of Isaac — paired with Psalm 13's repeated cry of “how long.” This is one of the hardest texts in all of Scripture, and the guide says so plainly. Some preachers will choose to preach it, and the guide tries to help them do so with care. Some will choose not to, and that is a legitimate decision; the cautions section makes the case that the choice should be made with information rather than avoidance. Track Two brings us Jeremiah's confrontation with the false prophet Hananiah, paired with Psalm 89's exuberant praise. The Epistle continues in Romans 6, where Paul presses the practical implications of having been freed in baptism.The ReadingsGenesis 22:1–14First Reading (Track One) — The Binding of IsaacSummaryThis is one of the most difficult passages in all of Scripture. Without warning, the narrator tells us that God is going to test Abraham, and then God asks him to do something unspeakable — to take his beloved son Isaac, the long-awaited child of the promise, and offer him as a burnt offering. Abraham rises early the next morning, says nothing to anyone, and sets out with two servants and the boy. On the third day, he leaves the servants behind. He places the wood on Isaac's back. Isaac, walking beside him, finally speaks the question that shatters the silence of the scene: “Father, the fire and the wood are here, but where is the lamb for a burnt offering?” Abraham answers, “God himself will provide.” At the place of sacrifice, Abraham builds an altar, binds his son, places him on the wood, and reaches out his hand for the knife. At the last possible moment, an angel calls his name. Do not lay a hand on the boy. Abraham looks up and sees a ram caught in a thicket. He calls the place “The Lord will provide.”Key Ideas for Preaching* Three times in this chapter, Abraham answers with the same word — “Here I am.” Once to God, once to Isaac, once to the angel who stops him. The same single-hearted availability that gets Abraham into this terrible scene is also what lets him hear the voice that stops him. What might it mean for your congregation that the posture of being fully present to God includes the readiness to be interrupted?* The line “God will provide” is spoken by Abraham before the ram appears. He does not say it after the rescue, looking back; he says it on the way up the mountain, before he knows how. What might it look like for your people to speak the provision before they can see it — not as denial of the situation, but as honest trust in the character of God?* The ram was caught in the thicket the whole time. The provision was already there. Abraham had to keep climbing to find it. Where in your congregation has the help they are pleading for actually been present all along, waiting to be seen rather than waiting to be made?* The story ends with a name: “The Lord will provide.” Generations of pilgrims will later climb that mountain remembering not the test but the providing. What might it mean for your congregation to name the places in their own lives the same way — not by what almost happened, but by what God did?* Some preachers will choose not to preach this text, and that is a legitimate decision. The text is genuinely painful, and the work of holding it carefully is real. If you do preach it, what would it look like to let your people feel the horror of the scene rather than rushing past it toward a moral?Significant Cautions* This text has been used to argue that faith requires the suspension of ordinary ethics — that whatever God commands, however terrible, must be obeyed without question. That is a dangerous reading, especially in a world where people have committed real violence claiming divine instruction. The story actually ends the practice of child sacrifice in its ancient context; it does not bless it.* The text has often been read as a kind of preview of God's giving up his own Son on the cross. There are echoes worth noticing, but pressed too hard, this reading turns God into someone who almost kills children. That has done real damage in a hospital room or beside a grave. Handle the connection gently if you make it at all.* “God tested Abraham” can land cruelly on people whose suffering has been described to them as a test. The text does not offer a general theology of suffering as divine examination. Be careful not to extend the scene into a blanket explanation for any congregation member's grief.* Sarah is entirely absent from this chapter. Some Jewish tradition has heard her cry in the silence, and her death in the very next chapter has been linked to this scene. Be honest about her absence rather than papering over it.* The story has been used to bless the harm of family members in the name of religious obedience. Be especially careful that nothing in your sermon could be heard that way — particularly in light of the kinds of misuses we noted last week in Matthew 10.Psalm 13The Psalm (Track One) — How Long?SummaryThis is one of the shortest psalms in the Bible — six verses — and one of the most concentrated. It opens with the question “how long” asked four times in two verses: how long will God forget? how long will God hide? how long must the psalmist bear pain? how long will the enemy be exalted? Then a brief, urgent prayer for God to look and answer. And then, unexpectedly, a turn. “But I trusted in your steadfast love. My heart shall rejoice in your salvation. I will sing to the Lord, because he has dealt bountifully with me.” The lament does not erase itself, but it ends in trust.Key Ideas for Preaching* “How long” appears four times in two verses. There is no embarrassment about the repetition. Where in your congregation are people quietly afraid that their “how long” prayer has gone on too long, and what would it free in them to hear that the Bible knows that prayer by heart?* The turn at the end of the psalm is not a resolution. The problem has not gone away. What has shifted is who the psalmist is remembering. How might this teach your people what to do when their situation has not changed but their grip on God needs steadying?* Read alongside Genesis 22, the psalm gives voice to what Abraham, and perhaps Isaac, and perhaps Sarah could not say out loud. How might pairing the two texts honor the unspoken cry inside the more famous story?Significant Cautions* “I will rejoice in your salvation” can be turned into a command to feel better. The psalmist arrives at that line; he does not start there. Be careful not to use this psalm to shame those who are still living in the “how long” verses.Jeremiah 28:5–9First Reading (Track Two) — The Test of a ProphetSummaryThis is part of a longer scene. Jeremiah has been prophesying that the Babylonian exile will be long — a generation or more. Hananiah, another prophet, has been promising the opposite: that the exile will be brief and that God is about to break the yoke of Babylon quickly. The selected verses give Jeremiah's reply. He says, in effect: I would love for your prophecy to be true. May God do what you say. But the prophets who came before us prophesied war and disaster and pestilence; the prophet who promises peace is recognized as a true prophet only when the peace actually arrives. The test of a true word from God is whether it bears out in time.Key Ideas for Preaching* Jeremiah does not dismiss Hananiah out of hand. He says, in effect, “amen — may the Lord do as you have prophesied.” Then he names the harder truth. What does it look like for your congregation to take seriously the appeal of every comforting message, including the ones that turn out to be false?* Jeremiah's test of a true prophet is whether the word comes to pass. That is a slow test. It does not yield quick certainty. Where in your congregation has the desire for fast answers led people toward voices that sound encouraging but do not bear out?* The bigger backdrop is that the people of God are being asked to live faithfully through a long, hard time — not to expect a quick rescue. What might it mean for your congregation to hear that some of the most pressing questions of faith are about how to live well inside a hard season, not how to escape it?Significant Cautions* This text has been used to demand that anyone with a hopeful word be dismissed as a false prophet. Jeremiah does not say that. He says that some hopeful words turn out to be false. He does not say all of them are.* Be careful with the implication that suffering and hardship are always the more spiritually credible message. That framing has its own pastoral dangers, especially in contexts where genuine deliverance is in fact what God is bringing.Psalm 89:1–4, 15–18The Psalm (Track Two) — Of Your Steadfast Love I Will SingSummaryA hymn celebrating God's steadfast love and faithfulness. The opening verses promise to sing God's praise forever, and remember God's covenant with David — the promise to establish his line. The second set of verses turns to the people: happy are those who know the festal shout, who walk in the light of God's face. Their strength is from God; their joy is in God's name. The lectionary selects only the praise sections of a longer psalm that, by its end, becomes a sustained complaint about whether God has kept the very promises being celebrated here.Key Ideas for Preaching* “I will sing of your steadfast love forever.” The opening commitment is to a long song, not a passing feeling. What does it look like for your congregation's praise to be the kind of thing they intend to keep singing for a long time, regardless of how a given week has gone?* “Happy are the people who know the festal shout.” That suggests there is a kind of joy that has to be learned — practiced, taught, shouted out loud. Where might your people need permission to practice praise rather than wait for it to arrive on its own?* Paired with Jeremiah's hard-eyed realism, this psalm reminds us that honest realism about difficulty and unembarrassed praise are not opposites. Both belong. How might your sermon hold these two together?Significant Cautions* The lectionary's selection omits the long complaint that closes Psalm 89. If you preach the praise alone, be honest with your congregation that this is one voice within a longer, more complicated prayer — not the whole of the psalm.Romans 6:12–23The Epistle — Wages and GiftSummaryPaul picks up where last week left off. The argument has been that baptism unites us with Christ in his death and frees us from the rule of sin. Now Paul presses the practical implications. Do not let sin reign in your bodies. Do not present yourselves to sin as instruments of wrongdoing; present yourselves to God as people alive from the dead. Then he reaches for a metaphor that lands uncomfortably on modern ears: you were once slaves of sin, now you are slaves of righteousness. Paul acknowledges that the metaphor is limited — “I am speaking in human terms,” he says, “because of your natural limitations.” The passage closes with one of his most famous lines: the wages of sin is death, but the free gift of God is eternal life in Christ Jesus our Lord.Key Ideas for Preaching* Paul assumes that we are always under some kind of authority — and that the question is not whether we will serve something, but what we will serve. Where in your congregation might it be freeing to hear that the choice is not between independence and submission, but between two very different kinds of belonging?* The “wages of sin is death” line has often been preached as a scare tactic. But Paul sets it next to a contrast: the free gift of God is eternal life. Wages are earned. Gifts are not. What might it shift in your people to hear that what God offers is fundamentally not a paycheck?* Paul says he is speaking in human terms “because of your natural limitations.” He admits openly that the metaphor he is using is imperfect. What does it look like to preach with the same kind of humility — using the words available while admitting that they cannot quite contain what is being said?Significant Cautions* Paul's slavery language is rough. It was uncomfortable in its own century, and it is much more so now, in a world where actual chattel slavery has shaped enormous suffering. Be honest that the metaphor has its limits and has been misused.* “The wages of sin is death” has been wielded as a threat. The structure of the verse actually points the other way — the news, the good news, is the free gift on the other side of the comma.* “Slaves to righteousness” should not be flattened into a demand for moralism. Paul's freedom is freedom from a set of destructive authorities, not freedom into a list of rules.Matthew 10:40–42The Gospel — A Cup of Cold WaterSummaryThis is the close of the long sending discourse, and after the difficult sayings of last week, the tone here is unexpectedly gentle. Jesus speaks of welcome — how those who welcome the disciples welcome him, and how those who welcome him welcome the One who sent him. Then he names the smallest possible kindness: even a cup of cold water given to one of these little ones in the name of a disciple will not lose its reward. The whole sending speech, which began with sober instructions and warnings, closes here on what almost sounds like a warm afterthought — but an afterthought that turns out to carry real weight.Key Ideas for Preaching* The discourse closes not with grandeur but with the smallest possible act of hospitality — a cup of cold water. Where in your congregation has the imagination for “real” ministry crowded out the small kindnesses that Jesus actually names here?* Jesus says that welcoming a disciple is welcoming him. That goes both directions. It promises something to your people when they are welcomed — they carry Christ with them. And it asks something of your people when they are the welcomers. How might this two-way welcome shape your congregation's sense of both being received and receiving?* This is the fourth and final Sunday of the Matthew 10 arc. Three weeks ago, the disciples were sent with empty hands. Two weeks ago, they were warned that the road would be hard. Today, the discourse closes with the promise that the smallest welcome is not lost. How might your sermon let your people feel the shape of the whole arc — and the unexpected tenderness of its close?Significant Cautions* “These little ones” is a tender phrase, but it has sometimes been preached condescendingly, as if the speaker were the welcomer and someone else were the recipient. In this passage, the disciples are the little ones. Be careful which direction your sermon casts the metaphor.* The “reward” language is easy to flatten into transactional thinking — do this small thing and earn that big thing. Jesus is not running a points system. He is saying that nothing offered in his name goes unnoticed.* The cup of cold water has sometimes been used to bless the substitution of small charity for real engagement with the systems that produce thirst in the first place. Both the small act and the larger work matter. Do not let one be used to excuse the absence of the other.Thematic ConnectionsAfter three Sundays of increasingly difficult Gospel readings, the lectionary closes the Matthew 10 arc with three short, gentle verses about welcome. The four-week shape is worth holding together: found, sent, warned, received. The disciples who were called from their tables, then sent out with empty hands, then warned about the cost, are now placed inside a network of hospitality — disciples who carry Christ with them, and households who welcome them as Christ.The Old Testament tracks pull in very different directions, and the preacher's choice matters. Track One brings Genesis 22 alongside the brief Gospel — the agonizing test of Abraham paired with the small kindness of a cup of cold water. The contrast is severe, and the preacher has real work to do to make that pairing serve a congregation rather than overwhelm it. Psalm 13's repeated “how long” gives voice to the silence inside Abraham's obedience.Track Two brings Jeremiah's confrontation with false prophecy — the hard-eyed test of whether a word from God actually bears out — and pairs it with Psalm 89's exuberant praise. The combination invites a congregation to hold honest realism and unembarrassed worship together.Romans is on both tracks and continues to develop the question of what kind of life baptism actually launches. The wages-and-gift contrast at the close of the reading offers a clean line for a sermon on either track.The Gospel itself is short enough that it may not seem to carry an entire sermon, but its closing image — a cup of cold water — is worth a sermon in its own right. After the heaviness of last week, the smallness of this week's instruction is itself the good news. The disciples Jesus has been preparing are not asked to do impossible things; they are asked to receive and to give the smallest kindnesses faithfully — and to trust that those kindnesses are received as if they were given to him. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit lectionarypro.substack.com/subscribe
Weekly Message from Maranatha Church of Jacksonville. Find out more at maranathajax.com
Scott Winship explains the discrepancy between gloomy consumer sentiment and actual financial growth. Despite inflation concerns and high grocery prices, real wages are up. People often perceive the national economy as failing based on social media trends, even when their own personal financial situations remain stable or improve. (4)
Sure, the earnings average was up year over year, but prices increased more than earnings did. In fact, price inflation hit a 38-month high in May.Original article: https://mises.org/mises-wire/real-wages-fell-second-month-price-inflation-surged
Sure, the earnings average was up year over year, but prices increased more than earnings did. In fact, price inflation hit a 38-month high in May.Original article: https://mises.org/mises-wire/real-wages-fell-second-month-price-inflation-surged
AI is not the enemy. Corporate control is. Capitalism will use AI to replace workers unless people demand democratic control.Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE
Thank you MLR, teresa savino, OldGuyPissed, Mr.K, and many others for tuning into my live video! Join me for my next live video in the app.* Why AI Under Capitalism Threatens Workers, Wages, Healthcare, and Democracy: AI is not the enemy. Corporate control is. Capitalism will use AI to replace workers unless people demand democratic control.* Stephanie Thomas, Secretary of the State of Connecticut, has a message for Democrats. While Americans are angry, anger sometimes does not manifest itself at the voting booth. We must do the work.* Helen Gym, former Philadelphia Councilwoman and Mayoral candidate, details the pain of defeat when the corporatocracy invests millions to defeat you, even though you are the better candidate who did the work. She explains her resiliency.* Who Pays for a Broken Energy System? The Case for Climate Reparations: It is time to count the true cost of the climate crisis, and for those responsible to pay their fair share. [More] To hear more, visit egberto.substack.com
Is working hard still enough to build wealth?In this episode of Mama's House To Penthouse, Prinston Hicks and Country Cowboy explore why so many people feel financially stuck despite working harder than ever.They discuss:Ownership vs employmentBuilding assets instead of relying on wagesEntrepreneurship and financial freedomWhy systems create wealthThe future of workAI and automationWealth building strategiesCreating leverage in businessIf you've ever wondered why the economy looks strong on paper while so many people still struggle financially, this conversation will challenge the way you think about money, business, and ownership.Follow Mama's House To Penthouse for weekly conversations on entrepreneurship, wealth creation, business systems, AI, leadership, and building freedom through ownership.00:00 Intro & Technology Challenges03:15 When Technology Fails07:20 Cowboy VVS App Update11:10 Building Better Customer Experiences15:45 Business Systems & Scalability20:30 The Future Of Entrepreneurship25:15 Wealth, Wages & Ownership29:40 Why The Middle Class Feels Stuck34:05 Ownership vs Employment39:15 Building Assets Instead Of Income44:20 The New Economy Explained49:05 Why Systems Matter54:30 Entrepreneurship & Leverage59:10 Building Long-Term Wealth1:04:45 The Power Of Ownership1:10:20 Why Business Owners Think Differently1:15:57 Is Working Hard Still Enough?1:24:08 What Mindset Shift Creates Real Success?1:30:15 Building Engines Instead Of Chasing Money1:35:00 Final Thoughts & Outro
Weekly Message from Maranatha Church of Jacksonville. Find out more at maranathajax.com
Jeffrey Klingelhofer says recent inflation data reflects crosscurrents from oil prices and geopolitics, but emphasizes labor and wage trends as the more important forward indicators. He notes consumers, including higher earners, are trading down, while companies like Walmart (WMT) absorb rising costs. Klingelhofer adds this dynamic could weigh on employment and margins as the Fed heads into its next policy decision.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
About 5 percent of the population is earning the minimum wage, but a lot of us still aren't earning a whole lot more. So, why aren't wages more generally shifting higher? Money correspondent Susan Edmunds spoke to John Campbell.
Why have wages for working Americans stagnated for decades—even as productivity, corporate profits, and the wealth of the people at the top continued to rise? The mainstream explanations are familiar: automation, globalization, education, or simply the unavoidable forces of the market—but wage stagnation was not inevitable. It was the result of policy choices. This week, we're revisiting a conversation with economists Lawrence Mishel and Josh Bivens about the decisions that reshaped the American economy, weakened worker bargaining power, and made it harder for working people to claim their share of the prosperity they helped create. As we continue sharing more about Market Humanism—the idea that markets are human-built systems shaped by rules and power—this conversation feels especially relevant. The economy we have did not emerge naturally. It was built. And that means it can be rebuilt. This episode originally aired on June 1, 2021. Josh Bivens is the chief economist at the Economic Policy Institute. His research focuses on macroeconomics, inequality, social insurance, public investment, and the economics of globalization. Larry Mishel is a distinguished fellow and former president of the Economic Policy Institute. His research focuses on labor economics, wages and income distribution, industrial relations, productivity growth, and the economics of education. Social Media: @joshbivens-econ.bsky.social @joshbivens_DC @larrymishel.bsky.social @LarryMishel Watch Nick on The Diary of a CEO Nick recently joined Steven Bartlett and entrepreneur Daniel Priestley for a wide-ranging debate about the wealth divide, stagnant wages, artificial intelligence, and whether capitalism can still deliver broadly shared prosperity. Watch the conversation on The Diary of a CEO. Further reading ⬇️ Economic Policy Institute: Identifying the Policy Levers Generating Wage Suppression and Wage Inequality Economic Policy Institute: The Productivity–Pay Gap Economic Policy Institute: Wage Calculator: How Much More Would You Be Making If Pay Had Kept Pace With Productivity? Roosevelt Institute: Democratic Abundance: An Abundance That Works for Workers Roosevelt Institute: From Safety Net to Power Base: Reimagining, Not Restoring, the US Antipoverty System Markets Built for Humans: A Guide for Policy Professionals to the New Economics Website: http://pitchforkeconomics.com Facebook: Pitchfork Economics Podcast Bluesky: @pitchforkeconomics.bsky.social Instagram: @pitchforkeconomics Threads: pitchforkeconomics TikTok: @pitchfork_econ YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Twitter: @PitchforkEcon, @NickHanauer Substack: The Pitch
Oral Arguments for the Court of Appeals for the Fifth Circuit
Wages and White Lion Invest v. FDA
Oral Arguments for the Court of Appeals for the Fifth Circuit
Wages and White Lion Invest v. FDA
Oral Arguments for the Court of Appeals for the Fifth Circuit
Wages and White Lion Invst v. FDA
Join us for a special radiothon episode with hot off the press interviews with VAHPA and ASU on their battles for better wages and conditions.Donte to Radiothon! Call 9419 8377https://www.3cr.org.au/donate
We call grocery workers “essential” — right up until it's time to pay them. In this episode, Nicole sits down with journalist, activist, and author Ann Larson to unpack the hidden realities of low-wage labor, economic inequality, and the corporate systems keeping millions of workers struggling to survive. Drawing from her experience working as a grocery store cashier during the pandemic, Ann shares what most consumers never see: workers skipping meals, elderly employees unable to retire, women wearing diapers behind registers because breaks are denied, and employees lacking basic healthcare while generating billions for major corporations. Ann Larson is a journalist and activist whose work on education debt and low-wage labor has appeared in The New Republic, The Nation, Fast Company, and The Chronicle of Higher Education. She's the co-author of Can't Pay Won't Pay: The Case for Economic Disobedience and Debt Abolition and author of Clean Up on Aisle Five, a powerful look inside the realities of supermarket labor in America. In this episode, Nicole and Ann discuss: Why there's no such thing as “unskilled labor” The hidden emotional and technical skills required in grocery work How corporate consolidation impacts wages, communities, and poverty rates The connection between consumer spending and worker treatment Why unionization and antitrust laws matter more than most people realize How economic inequality affects all of us — not just low-wage workers What shoppers can do to support ethical labor practices Why voting with your dollars matters Because if people working full-time jobs still can't afford food, healthcare, or retirement, the system isn't broken — it's working exactly as designed. The question is whether we're willing to keep funding it. Thank you to our sponsors! Become a Fora Advisor today at Foratravel.com/WOMAN - and make sure to tell them we sent you! Elevate your summer wardrobe: Go to Quince.com/tiww for free shipping on your order and 365-day returns! Visit Upwork.com right now and post your job for free! Families are better when they're working together… go to myskylight.com/WOMANSWORK for $30 off your Skylight Calendar. Start your risk-free Greenlight trial today at Greenlight.com/TIWW. Don't wait to teach your kids real-world money skills! Connect with Ann: Book: https://www.simonandschuster.com/books/Cleanup-on-Aisle-Five/Ann-Larson/9781668094501 Website: https://annlarsonwrites.com/ Related Podcast Episodes: Fair Shake: Women And The Fight To Build A Just Economy with June Carbone | 246 Holding It Together: Women As America's Safety Net with Jessica Calarco | 215 Wages For Housework with Emily Callici | 325 Share the Love: If you found this episode insightful, please share it with a friend, tag us on social media, and leave a review on your favorite podcast platform!
If you've been watching commercial real estate content online lately, something probably feels off – and in this episode, I'll tell you exactly why. There are three types of people dominating the conversation right now, and each one is giving you a distorted picture of the market. The first is the seasoned operator acting like the last five years never happened: no distress, no pressure, no problem. The second is the newer player with $30 or $50 million in transactions who's convinced that makes them the master of the universe. And the third is the straw man – the one who points to everything going wrong over there so you'll think everything is going right over here. None of these perspectives are giving you the full picture. The reality is this: interest rates skyrocketed in 2022 and have stayed elevated. Insurance costs doubled or tripled in major markets. Wages went up. The 10-year Treasury is higher today than it was six months ago. The Fed isn't cutting anytime soon. And the Iran conflict is keeping energy prices – and inflation – elevated in ways that change the math on deals across the board. But here's what's also true: distressed properties are starting to come into the market. We're talking 35, 40, even 50% below today's stabilized value. That window is opening, and over the next 12 to 24 months, it's going to widen. The investor who understands what's real, what's noise, and what is the one who's going to be positioned to act on it. This episode breaks down how to think through all of it. Join Our Investor Club: https://bit.ly/4uQKadr
On episode 259, we welcome Ann Larson to discuss her experience working as a grocery cashier during the COVID-19 pandemic, the complex emotional and structural factors involved in professional success and failure, meritocracy as a simplification of economic outcomes, the multiple forms of labor involved in supermarket work, the difference between one's status and skillset, food waste at the expense of wages, and the importance of community in surviving low wage work. Ann Larson's writing on education, debt, and low-wage work has appeared in The New Republic, The Chronicle of Higher Education, Fast Company, and The Nation, among other publications. She is coauthor of Can't Pay Won't Pay: The Case for Economic Disobedience and Debt Abolition and is a fellow with the Economic Hardship Reporting Project. Her new book, available June 9, 2026, is called Cleanup on Aisle Five: Essential Work, Poverty Wages, and the View from Behind the Supermarket Register. | Ann Larson | ► Website | https://annlarsonwrites.com, https://economichardship.org/author/annlarson ► Twitter | https://x.com/AnnLLarson ► Instagram | https://www.instagram.com/annlarsonslc ► Cleanup on Aisle Five Book | https://bit.ly/CleanuponAisleFive Where you can find us: | Seize The Moment Podcast | ► Facebook | https://www.facebook.com/SeizeTheMomentPodcast ► Twitter | https://twitter.com/seize_podcast ► Instagram | https://www.instagram.com/seizethemomentpodcast ► TikTok | https://www.tiktok.com/@seizethemomentpodcast
Weekly Message from Maranatha Church of Jacksonville. Find out more at maranathajax.com
This week on Peanuts and Popcorn, the peanuts are downright rotten as both the Cubs and Tigers continue to spiral, though Pete Crow‑Armstrong at least supplied a few sparks along the way.In Popcorn, we've got two terrific films on deck. We start with Tom's pick, Henri‑Georges Clouzot's The Wages of Fear (1953), the white‑knuckle thriller that became the blueprint for decades of action cinema. Then we pivot to Leo's choice, the Coen Brothers' first commercial feature, the lean, moody neo‑noir Blood Simple (1984).Next Show's Films:Tom's Pick: Carnal Knowledge (1971)Leo's Pick: The Battle of Algiers (1966)
Interview recorded - 3rd of June, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming on Dr Mark Thornton. Dr Mark Thornton is a Senior Fellow at the Mises Institute and a leading voice of the Austrian School of economics, author of The Skyscraper Curse. He is one of the few economists to have warned about the housing bubble well before 2008.During our conversation we spoke about his current view on the economy, Austrian Economic Theory, the FED's betrayal, what would fix the current situation, which assets to perform and more. I hope you enjoy!0:00 - Introduction2:06 - Current view of economy6:22 - Austrian Economic Theory11:50 - Wages going up?16:11 - Recent inflation23:00 - Kevin Warsh balance sheet28:36 - Solution35:30 - Which assets to perform?42:40 - One message to takeawayMark Thornton is a Senior Fellow at the Mises Institute, and was the Peterson-Luddy Chair in Austrian Economics from 2021-2023. He hosts two podcasts, Minor Issues and Unanimity, and serves as the Book Review Editor of the Quarterly Journal of Austrian Economics. His publications include The Economics of Prohibition (1991), Tariffs, Blockades, and Inflation: The Economics of the Civil War (2004), The Quotable Mises (2005), The Bastiat Collection (2007), An Essay on Economic Theory (2010), The Bastiat Reader (2014), and The Skyscraper Curse and How Austrian Economists Predicted Every Major Crisis of the Last Century (2018). [high-res photo]Dr. Thornton served as the editor of the Austrian Economics Newsletter and was a member of the Editorial Board of the Journal of Libertarian Studies and several other academic journals. He has served as a member of the graduate faculties of Auburn University and Columbus State University. He has also taught economics at Auburn University at Montgomery and Trinity University in Texas. Mark served as Assistant Superintendent of Banking and economic adviser to Governor Fob James of Alabama (1997-1999), and he was awarded the University Research Award at Columbus State University in 2002. He is a graduate of St. Bonaventure University and received his PhD in economics from Auburn University. In 2014, he debated in opposition to the “War on Drugs” at Oxford Union.Dr. Thornton has been featured in American Spectator, Barron's, Bloomberg, Christian Science Monitor, The Economist, Forbes, Investors' Business Daily, Le Monde, New York Post, New York Times, USA Today, Wall Street Journal, Economic Times (India), Financial Times (Norway), and Tejarat-e-Farda (Iran). He has also had regular multiple appearances on Russia Today and Press TVHis editorials and interviews have appeared in the following leading regional newspapers: Apple Daily (Hong Kong), Atlanta Constitution, Birmingham News, Business Alabama, Chicago Sun-Times, Houston Chronicle, Mobile Press Register, Minneapolis-St. Paul Star Tribune, Montgomery Advertiser, New York Post, Orange County Register, Richmond Times Dispatch, Tampa Tribune, and the Washington TimesHis commentary appears regularly in the Mises Daily and the Mises Wire. He also appears regularly on Boom-Bust, RT, Butler on Business, Tom Woods Show, Thom Hartmann Show, Scott Horton Show, Press TV and Freedom Works.Dr Mark Thornton - Misses Institute - https://mises.org/X - https://x.com/DrMarkThorntonWTFinance -Instagram - https://www.instagram.com/wtfinancee/Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes - https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4Twitter - https://twitter.com/AnthonyFatseas
At a Washington Policy Center forum in Vancouver, state lawmakers Monica Stonier and April Berg faced off with WPC policy directors Mark Harmsworth and Elizabeth New over Washington's income tax, minimum wage, retail theft, and AI's impact on the workforce. A survey cited at the event found one in four businesses are considering leaving the state. https://www.clarkcountytoday.com/business/wpc-forum-asks-if-washington-is-a-state-that-is-friendly-for-businesses-and-workers/ #WashingtonPolicyCenter #WashingtonState #SmallBusiness #MinimumWage #StateTax #AIWorkforce #Vancouver #ClarkCounty #Politics #Business
We kick off the morning with some unbelievable stories of getting physically stuck! After news broke of a woman rescued from quicksand at an Adelaide beach, our listeners called in with their own tight spots—including a toddler with a potty stuck on their head and Katie, who somehow managed to get her entire head stuck inside a pelican's mouth! See omnystudio.com/listener for privacy information.
What does it take to prepare statisticians for the realities of modern clinical trials? This month, “Practical Significance” cohosts Donna LaLonde and Ron Wasserstein are joined by Ji-Hyun Lee (University of Florida) and Nolan Wages (Virginia Commonwealth University) to discuss the new ASA Clinical Trials Certificate Program. Lee and Wages explore the gap between traditional […]
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Importance of understanding the gospel of Jesus Christ; Herod and Pharisees system of Corban; Making the word of God to none effect; Wages of unrighteousness; "Leaven"; Kidneys?; Misunderstood sacrificing; Abraham's way of gathering/government; Tributes; Democracy?; Protection money; Bound by contracts; Altars; Living stones; Melchizedek; Tithings; Well-organized society; Leviticus - how they organized; "Church"; Golden calf?; Using gold?; Jacob/Israel; Bondage of Egypt; Hebrew bible; Traitorous translators; Exercising authority?; Forcing offerings; Modern Christian minister; Leprosy?; Jesus' healing of leprosy; Taking care of the needy of society; Leviticus 11 food laws; Choosing to eat nutritious food; Facing the dangers of your diet; Feel-good information; Pursuing health; Leviticus 12 circumcision; Lessons from bondage; Baptism?; Sons of Jacob; Things Christ said NOT to do; Popular systems of social welfares; The greatest destroyers of liberty; Fleshpots?; Lev 13:1 Speaking to Moses and Aaron; "like" the plague of leprosy; Something wrong; Spiritual path; Song of Moses and of the Lamb; Delivering YOU into bondage; "Wrath of God"; "Unclean"; "Stoned"; Justin the Martyr; Systems of social welfare; Compelled offerings vs charity; Plague?; "Leprosy" tzedek-resh-ayin-tav; from tzedek-resh-ayin (disease, hornet); Ex 23:28; Locust plague?; Aztecs vs Spaniards; Free assemblies; Freewill offerings; Welfare snares and traps; Addiction to benefits; ayin-vav-resh (skin, naked, ); Hab 3:9 related to "bow/arrow"; Deut 32:9; Setting the captive free; Following Holy Spirit; OR following world governments; Ear-tickling; "Eagle" that stirs?; Abundance; Lacerate?; Removal?; Shearing sheep; Trusting in God; biet-shin-resh (flesh, tidings, published); Ps 68:11; Conscience; Sons of Jacob vs Sons of Israel; Counting people; Electing God?; Coming to the aid of Abraham; Manufactured diseases; Isa 60:6; Isa 61:1 Spiritual anointing - good tidings; Mystery Babylon; Allowing your heart to be changed; Christ's command for organization; "Israel"; Drafting?; Family; Quarantine; Understanding symptoms; Tidings = what's being preaching; The soil of the kingdom; Are YOU human resources?
US And Iran Reach Breakthrough Deal Pending Trump's Final Approval, Americans On Financial Edge As Inflation Rises & Wages Drop! Plus, SIX “Special Interest Aliens” From China Caught In Full Camouflage Trying To Sneak Into US
Get Ann's book here: https://www.simonandschuster.com/.../Ann.../9781668094501 Informed by her time behind the register, Cleanup on Aisle Five is Larson's deep dive into supermarkets and how they operate from the inside out: from the low-wage workers stocking the shelves and the customers coming through at all hours, to the communities these stores serve and the larger capitalist forces and corporate interests at play that control how we shop for food. In the process, she chronicles the evolution of the grocery store, unpacks the political implications of the battles between shoppers and staff, and invites us to imagine grocery stores as places where one can foster community and even equity—if we can separate food distribution from profit motive. Check out our new bi-weekly series, "The Crisis Papers" here: https://www.patreon.com/bitterlakepresents/shop READ THE WEEKLY TIR NEWSLETTER HERE: https://www.patreon.com/collection/1853497 Thank you guys again for taking the time to check this out. We appreciate each and everyone of you. If you have the means, and you feel so inclined, BECOME A PATRON! We're creating patron only programing, you'll get bonus content from many of the episodes, and you get MERCH! Become a patron now https://www.patreon.com/join/BitterLakePresents? Please also like, subscribe, and follow us on these platforms as well, (specially YouTube!) THANKS Y'ALL YouTube: https://www.youtube.com/channel/UCG9WtLyoP9QU8sxuIfxk3eg Facebook: https://www.facebook.com/Thisisrevolutionpodcast/ Twitter: @TIRShowOakland Instagram: @thisisrevolutionoakland Substack: https://jmylesoftir.substack.com/.../the-money-will-roll... Read Jason Myles in Current Affairs Magazine here: https://www.currentaffairs.org/.../donald-trump-is-a-pro... Read Jason Myles in Damage Magazine https://damagemag.com/2023/11/07/the-man-who-sold-the-world/ Read Jason in Black Agenda Report: https://www.blackagendareport.com/rainbow-and-machine
Hosts Chuck Zodda and Marc Fandetti dissect the widening gap between strong economic data and poor consumer sentiment, explaining why the University of Michigan's survey might be fundamentally broken. They also break down a reported unofficial US-Iran draft framework shifting bond markets, looming grocery price hikes tied to El Niño, and a quick market update on Micron and Zscaler. Later, estate planning attorney Todd Lutsky joins to discuss the key potholes of naming trust entities and why a standard will cannot override designated beneficiaries.Watch Live on YouTube: youtube.com/thefinancialexchangeshow Follow us on X: @TFEshow Estate Planning Resources: legalexchangeshow.com / cushingdolan.com Support Our Veterans: dav5k.boston
Inflation continues to strain household budgets, but a new Pew Research Center report found that paychecks generally kept pace with rising prices over the long term. The analysis showed inflation-adjusted buying power increased between 11% and 22% between 1999 and 2025. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Tonight on Ep. 594 of The Arrington Gavin Show, we sit down with special guest Florida State Representative Angie Nixon as she discusses her campaign for the United States Senate and the issues she says are hurting working-class Floridians the most. From skyrocketing housing costs and stagnant wages to what she calls “corporate greed,” Nixon explains why she believes Washington and Tallahassee have failed everyday people.We also dive into the future of the Democratic Party in Florida, the state's shifting political landscape, and whether grassroots candidates can still breakthrough in today's high-dollar political system. Is Florida ready for a new political voice in the U.S. Senate? Tune in for a pressing, informative, and opinionated conversation you don't want to miss!⚠️ Viewer Disclaimer: Due to temporary connection and technical issues during this interview, portions of tonight's episode may appear slightly choppy at times. We appreciate your patience and support as we continue bringing you sharp, informative, and engaging content every single day on The Arrington Gavin Show!
durée : 00:33:39 - Entendez-vous l'éco ? - par : Aliette Hovine - Dans les années 1970, le collectif féministe international Wages for Housework perce l'impensé du travail domestique. Dialoguant avec la théorie marxiste, nombre de féministes redéfinissent le concept même de valeur, et avec lui les lieux de l'exploitation. - réalisation : Tina Iung, Sorj Leroy Vous aimez ce podcast ? Pour écouter tous les épisodes sans limite, rendez-vous sur Radio France
Send us Fan MailThe Changemaker Wellbeing Index reports that 31% of nonprofit workers experience food insecurity — and for frontline staff, that rises to 48%. The very sector working to end poverty is, in many cases, perpetuating it through its own payroll. The good news? There's a practical, achievable path forward, and it is easy to get started.On this week's episode of The Small Nonprofit Podcast, Maria sits down with Anne Coleman, newly-appointed Executive Director at the Ontario Living Wage Network. Anne has been doing this work since 2014, supporting employers across Ontario, including a significant number of nonprofits, to calculate, commit to, and get certified for paying living wages. This episode tackles one of the most uncomfortable truths in the nonprofit world: we can't claim to believe in economic justice if we're not paying our own people enough to live on. You'll hear what a living wage actually is, how it's calculated, why it's so different from minimum wage, and what it looks like to make the commitment as an organization. You'll also get the real business case for paying better so you can make the pitch to your board with confidence.Connect with Anne at anne@ontariolivingwage.caCheck out the What The Fundraising podcast here.Support the show
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The IRS actually built a legal way for business owners to pay their kids, cut their tax bill, and start building generational wealth — all at the same time. Most business owners have no idea it exists. And the ones who do usually aren't doing it right.In this episode, David breaks down the Hire Your Kids strategy from top to bottom — including the part most people skip — and adds two more powerful moves to set your kids up for financial success long before they need it.What You'll Learn in This EpisodeHow to legally hire your minor children in your business and deduct their wagesWhy sole proprietors and single-member LLCs get an extra tax break most people don't know aboutWhat counts as legitimate work (and what the IRS will reject)Why teaching your kids to manage money matters just as much as saving itHow a Roth IRA opened at age 15 can grow to over $2.4 million tax-free by retirementThe authorized user strategy for building your kid's credit before they ever need it — and the real risk you have to know aboutHow David's family bought a college house that paid for itself (and then some)The Numbers That MatterRoth IRA compounding example (8% average annual return):Contribute $5,000/year from age 15 to 30 → $164,000 at age 30Never add another dollar → $2.4 million tax-free at age 65Total out of pocket: $80,0002026 Roth IRA limits:Under 50: $7,500/yearAge 50+: $8,600/yearSingle filers: full contribution below $153K MAGI, phases out by $168KMarried filing jointly: full contribution below $242K, phases out by $252KStrategy #1 — Hire Your KidsIf you own a legitimate business, you can hire your minor children to do real work and pay them a reasonable wage. Here's why that's a big deal:Their wages are a deductible business expense. If you're in the 32–37% federal bracket, that's real money shifted out of your tax bill.Sole props and single-member LLCs get an extra break. Wages paid to children under 18 are exempt from Social Security and Medicare taxes — that's another 15.3% in savings.Your kids pay taxes at their own rate. With the 2026 standard deduction, most minors owe zero federal income tax on the first chunk of their earnings.What counts as legitimate work? Social media content, filing, office cleaning, errands, video editing, client file organization. The work has to match the child's age, be documented with timesheets, and pay a reasonable market wage. Run payroll like any other employee.The rule of thumb: You can't pay a seven-year-old $40,000 to "organize your desk." You can pay a fourteen-year-old $10–12/hour to manage your social media scheduling.The Part Most People Skip — Teach Them to Actually Manage MoneyDon't just funnel every dollar straight into a Roth IRA and call it done. When your kids get paid, let them manage some of that money. Give them real decisions. Let them feel what it's like when $200 disappears faster than expected. Let them experience the satisfaction of saving up and buying something themselves.David's philosophy: "How we handle our money should positively impact our lives and the lives around us." That doesn't start at 25. It starts when they're young, when the stakes are low and the lessons are cheap.The Roth IRA AngleOnce your child has earned income, they're eligible for a custodial Roth IRA. You can contribute up to their earned income (max $7,500 for 2026) — and you can gift them the money to fund it. The IRS only cares that the earned income exists.Sit with this number: $5,000 per year from age 15 to 30, at a very average 8% return, becomes $164,000 by age 30. Let it sit untouched until 65 and it becomes over $2.4 million. Tax-free. That's not a typo.Strategy #2 — Build Their Credit Before They Need ItAdd your child as an authorized user on one of your credit cards. When you do, your account history — payment history, utilization rate, account age — starts showing up on their credit report. By the time they're 18 and applying for an apartment or a car loan, they're not starting from zero.The honest risk: If your child has the physical card, they can max it out. And there's very little you can do about it legally — you added them, the bank doesn't care about family dynamics.The practical solution: Add them to the account for the credit-building benefit, but keep the card in your wallet. The credit history still builds. That's the whole point. When they're ready, have the real conversation about credit before the card becomes a spending tool.Strategy #3 — The College House PlayWhen David's first child went to college, instead of paying for a dorm, the family bought a house. Three bedrooms — their kid took one, they rented out the other two. The rental income covered the entire cost of the house: mortgage, taxes, insurance, everything. Free housing. Plus the house appreciated in value.Compare that to four years of dorm payments: money gone, no equity, no asset, nothing to show for it.Is this for everyone? No — you need capital for a down payment, a market where the numbers work, and a kid who can manage roommates. But if you're a business owner with assets and your kid is heading to a college town with reasonable real estate, this is worth running the numbers on seriously.Resources Mentioned
Restaurants are more than places to eat. They are where communities gather, cultures are shared, and everyday moments become lasting memories. But behind every restaurant is a complex reality, rising costs, workforce challenges, and shifting consumer expectations. In this episode of The Distinguished, Dean Arun Upneja welcomes Jen Ziskin, Executive Director of Mass Restaurant United and co-owner of La Morra and Punchbowl in Brookline, MA. With a background in education, restaurant ownership, and statewide advocacy, Jen brings a rare perspective on what it takes to sustain independent hospitality. They cover the wage gap between front and back of house, the fight against junk fee legislation, credit card processing fees on tips and taxes, immigration's role in restaurant culture, real estate challenges, Gen Z dining shifts, tipping fatigue, mental health resources, and the promise and limits of AI in operations. Email us at shadean@bu.edu Learn more about Mass Restaurants United The “Distinguished” podcast is produced by Boston University School of Hospitality Administration. Host: Arun Upneja, Dean Producer: Mara Littman, Executive Director of Strategic Operations and Corporate Relations Research and Content Creation: Lan LuEditing: Isabella Laikin Music: “Airport Lounge" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 4.0 License http://creativecommons.org/licenses/by/4.0 Email us at shadean@bu.eduThe “Distinguished” podcast is produced by Boston University School of Hospitality Administration. Host: Arun Upneja, DeanProducer: Mara Littman, Executive Director of Strategic Operations and Corporate RelationsResearch and Content Creation: Lu LanEditing: Isabella LaikinSound Engineer: Andrew HallockMusic: “Airport Lounge" Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 4.0 Licensehttp://creativecommons.org/licenses/by/4.0
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Inflation reached 3.8% in April due to gas prices. Elizabeth Peek notes that real hourly wages fell while global eyes turn toward the Strait of Hormuz and Trump's consequential summit in China. (1/16)1930 ASTOUNDING
Workers at San Francisco International Airport who clean planes, handle baggage, and push wheelchairs told city supervisors at a recent hearing that they're sleeping in their cars and surviving on rice and oatmeal. Now city supervisors say their labor fight for higher wages is on notice. Links: San Francisco Airport Labor Fight Hits City Hall This Week Some members of the KQED podcast team are represented by The Screen Actors Guild, American Federation of Television and Radio Artists, San Francisco-Northern California Local. Learn more about your ad choices. Visit megaphone.fm/adchoices
(May 13, 2026) For the first time in three years, American’s wages are no longer outpacing inflation. Fired former acting FBI Chief says Patel tied job security to purging agents linked to President Trump probes. As attacks on Europe’s Jewish communities escalate, Iran may be recruiting operatives online. Cal State may soon offer a 3-year bachelor’s degree.See omnystudio.com/listener for privacy information.
Tara breaks down stronger-than-expected jobs data, rising wages, and bold predictions of a political and economic shakeup heading into the midterms. HOOK The economy is “smoking hot” heading into fall — at least according to new jobs numbers and top political voices. Tara says the data signals a major shift, and some insiders are predicting a political earthquake ahead. DESCRIPTION Today's AMPERWAVE DAILY dives into fresh economic data showing U.S. job growth beating expectations, with payrolls rising by 115,000 and wage growth holding steady at 4.4%. Tara and Lee break down claims that the economy is rebounding after years of wage stagnation and inflation pressures tied to federal spending and monetary policy under President Joe Biden. The episode also highlights commentary from economic voices like Larry Kudlow and former House Speaker Newt Gingrich, who argue the economy and political landscape are shifting rapidly ahead of the next election cycle. Tara also discusses broader debates over wages, inflation, purchasing power, and how recent policy shifts under President Donald Trump may be impacting economic momentum and voter sentiment heading into the midterms. KEY TOPICS Stronger-than-expected U.S. jobs report Wage growth and purchasing power trends Inflation vs. earnings debate ADP employment data and revisions Economic comparison: Biden vs. Trump eras Midterm election predictions Newt Gingrich forecast of GOP gains Larry Kudlow on economic acceleration Federal Reserve / inflation policy implications SEGMENTS SEGMENT 1 — “Jobs Report Shock” Tara opens with the latest employment data showing 115,000 new jobs added, with unemployment steady at 4.3%. The discussion focuses on why economists were caught off guard and what the numbers suggest about underlying labor market strength. SEGMENT 2 — “Wages vs. Inflation Battle” The conversation turns to wage growth at 4.4% and debates over inflation's impact on purchasing power. Tara argues that rising wages may be slowly offsetting earlier inflation pressures tied to government spending policies. SEGMENT 3 — “Economic Policy Showdown” The hosts compare current economic trends with previous years under President Joe Biden and discuss claims that earlier monetary expansion contributed to inflation and wage stagnation concerns. SEGMENT 4 — “Midterm Earthquake Predictions” Political heavyweight commentary from Larry Kudlow and Newt Gingrich fuels speculation that Republicans could see significant gains if current economic momentum continues into the election cycle under President Donald Trump. QUOTE OF THE DAY “You could see the economy is going to be smoking by this fall.” SOCIAL MEDIA TEASER
America is richer than ever. Unemployment is low. Wages are high. According to traditional metrics, the economy looks strong. So why are Americans feeling so bad? Today, Derek talks with bestselling author Morgan Housel and journalist David Wallace-Wells about what Derek calls the “Tragic Twenties”: the strange and sudden collapse in American happiness that began during COVID and never really stopped. What's behind the country's emotional downturn? Inflation and the lingering psychological effects of the pandemic are certainly part of the story. But so are collapsing trust in institutions, rising social isolation, the negativity feedback loop of social media, and the feeling that we're living through one crisis after another. Derek, Morgan, and David unpack why the wealthiest society in history still feels deeply adrift and what this happiness recession says about the future of American life. Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek ThompsonGuests: Morgan Housel and Derek Wallace-WellsProducer: Devon BaroldiAdditional Production Support: Ben Glicksman Links: https://www.derekthompson.org/p/if-americas-so-rich-howd-it-get-so Learn more about your ad choices. Visit podcastchoices.com/adchoices
A new report from Dayforce and the Living Wage Institute found that just over half of full-time workers earn enough to provide for themselves and their families. Wages have been rising, just not as quickly as costs. Familiar racial and gender gaps persisted, too — and got wider in 2025. But first, GameStop is trying to buy eBay for $56 billion, though it's unclear where all that money would come from. Then, is the robotaxi revolution ever coming?
7. Pioneers, Soldiers, and the Irish Frontier Seeking better wages, many immigrants left New York for the frontier. John Colleen moved to Buffalo to work for the railroad, eventually seeing his children become successful lawyers and police captains. In Minnesota, Peter Lynch and his family worked for ten years in New York to save enough to purchase cheap government land, eventually building a thriving Irish farming enclave in a largely German region. Others, such as Edmund Butler, pursued careers in the U.S. Army, where he notably fought in the Indian Wars and played a pivotal role in the defeat of Crazy Horse in Montana. 72890 TIPERARY