[Music] What if I told you that you could work four hours a week and sustain yourselves and your family? Would you believe me? Would you believe me? Maybe. Maybe. Right. We can increase wealth by reducing the cost of living and actually using technology to make these kinds of changes and we have to. You cannot job our way out of the current situation. It's not possible. So do you have a vision in for your life? By show of hands, who has a vision for your life? Who does? You know where you're going to. You h ...

The US jobs market just got another reality check. The labor department just said we had 911,000 fewer jobs between April 2024 and March 2025 than first reported. Now, this is just a preliminary estimate.However, it is one of the worst downward revisions that we've seen since the financial crisis. Now, these revisions don't reflect today's conditions. They go back around a year or so and use more comprehensive data points such as tax records as well as business openings and closings.However, if you combo th ...

for a look at the economy, the consumer, the Fed, and so much more. We can go a million places this morning. Joining us in an exclusive interview is Wells Fargo CEO Charlie Sharp, and we're thrilled to have you at the table on this 30th anniversary week of Squawkbox, no less.Great to be here, and congratulations to you. 30 years of anything's an accomplishment. Thank you.So, the big question is the state of the economy. uh your uh colleague, former peer or peer, former colleague Jamie Diamond says the econo ...

Indonesia plans to inject about 200 trillion rupiah into the economy to help boost growth, according to its newly-appointed finance minister https://t.co/LmlCWYy5iq ...

Economic Prediction - Lee Kuan Yew, considered a China bull, predicted China's economy would surpass Japan's by 2040 [1] - However, he also anticipated Japan's GDP per capita would be 10 times higher than China's [1] Historical Context - The prediction of China surpassing Japan was made in 1999 [1]

Steve, it's good to see you. Get specific with us now about what people say they care about the most when it comes to economic issues. >> Yeah, Hi.Our NBC decision desk poll ran a bunch of economic concerns by people and said which one is the most important to you. You see here there's unemployment on the list. There's government debt, student loans, and yet overwhelmingly here 45% said inflation and the cost of living is the top economic concern to them.And we saw this across age groups. Cali, >> given how ...

Joining me now is US Senator Amy Clolobachar, a Democrat of Minnesota. Senator Clolobachar, thank you for being with us. You just heard about >> again now. >> You just heard about the situation in Chicago and back in Washington DC.We're monitoring demonstrations against the federal crackdown there. What are your thoughts on the president's escalating targets of American cities, something he has now compared in his social media posts to waging war. >> It's unbelievable.I uh believe as someone who used to be ...

Economic Disillusionment - Chinese youth embrace "xiexiu" (躺平, lying flat) indicating disillusionment with traditional paths [1] - A weak economy contributes to the sentiment of disillusionment [1] - Rising housing costs exacerbate the challenges faced by young adults [1] - Uncertain job prospects further fuel the desire to reject conventional norms [1] Social Impact - Young people are questioning the value of adhering to conventional expectations [1]

American Dream Cost Analysis - The "American Dream" in 2025 is estimated to cost $5 million, a $600,000 increase from the previous year [1][6] - This cost encompasses lifetime expenses across major life categories such as retirement, homeownership, and healthcare [1] - The median income earner throughout their working life (25-65) accumulates around $23 million to $24 million, creating a significant gap compared to the cost of the American Dream [5] Factors Influencing the Cost - Healthcare costs, particularly premium healthcare, contribute significantly, adding approximately $414,000 over a lifetime [7][8] - Retirement costs are estimated at $16 million, providing around $67,000 to $68,000 per year for 20 years after retirement at age 65 [8] - Homeownership is a substantial factor, with a lifetime cost of at least $900,000, considering a median home price of around $415,000 [12] Investment and Financial Planning - Bridging the gap between earnings and the cost of the American Dream requires investment, saving, and asset ownership [9][10] - Education can help increase income over time, but investing is crucial for long-term financial well-being [11] - The cost of achieving the American Dream varies based on individual circumstances and location, with national averages serving as a baseline [15][16] Market Sentiment - Investopedia's audience, comprised of educated investors, is currently cautious and constructive, acknowledging all-time market highs but expressing concerns [17] - Key worries include the economy and the impact of tariffs, as well as the potential for a rapid downturn in both the economy and the stock market [18]

Donald Trump, a president who campaigned on a promise to the American people. This is how the story went during the campaign. The economy was broken and he alone could fix it.So, naturally, the Trump administration is on a spin cycle today. >> So, we're very very excited about where things are going. It's a little bit of a disappointing job number, but I pretty much expect it's going to revise up.It's >> just not an acceptable acceptable thing that uh the jobs numbers are so unreliable that they're being re ...