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Unemployment ticks up

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Jul 5, 2024
People walk by the New York Stock Exchange on Wall Street.

Episodes 11 - 20 of 432

  • There’s a bit less sizzle in the labor market
    Yuki Iwamura/AFP via Getty Images

    The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marcus Group.

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  • Fed to wait and see on inflation
    Kevin Dietsch/Getty Images

    Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on.

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  • Lower travel costs mean we’ll be doing more of it this Fourth of July
    Spencer Platt/Getty Images

    A record 71 million expected to travel during holiday period, AAA forecasts; continuing claims continue to climb; trade deficit widened in May; auto sales were sluggish in May.

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  • Fed guarded on rate cut
    Kevin Dietsch/Getty Images

    Markets hit new highs; Fed Chair says more cooling needed before rate cut; Google’s emissions grew 50% since 2019; FTC blocks mattress deal.

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  • U.S. employers increased job openings
    Michael M. Santiago/Getty Images

    Job openings rose to 8.1 million; American Airlines pledges to buy hydrogen-electric engines; Redbox parent company files for bankruptcy protection; Google to require ID of  political ads that use AI content.

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  • SCOTUS skeptical on social media constraints
    Andrew Caballero-Reynolds/AFP via Getty Images

    Markets up; SCOTUS asks lower courts to review Florida and Texas social media laws; Manufacturing contracts again; Roaring Kitty sued.

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  • Property insurance companies are facing lower costs
    Aric Becker/AFP via Getty Images

    Global reinsurance rates are declining, which could save home insurers money; Boeing to recombine with Spirit Aerosystems; California law to take effect in effort to track gun purchases; major banks hike dividends after passing Fed stress tests.

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  • Supreme Court curbs regulators
    Anna Rose Layden/Getty Images

    Markets slip; Supreme Court curtails federal agencies; Nike takes a hit; Tractor Supply ditches DEI.

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  • Inflation cooled in May
    Scott Olson/Getty Images

    The Fed’s preferred inflation gauge shows 2.6% annual gain, getting closer to the target 2%; inflation, economy were big topics in last night’s debate, with both Trump and Biden claiming successes; debate response muted in overseas markets; federal judge levies nearly $5 billion in antitrust damages against NFL.

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