BREAKING:🇺🇸 US UNEMPLOYMENT RATE CAME IN AT 4.1%EXPECTATIONS: 4.3% ...

RT Bloomberg Opinion (@opinion)BREAKING: Jobs Day Data 📊*US JUNE AVERAGE HOURLY EARNINGS RISE 0.2% M/M; EST. +0.3%*US JUNE UNEMPLOYMENT RATE 4.1%; EST. 4.3%https://t.co/YQY6XVjGCR ...

RT Bloomberg Opinion (@opinion)LIVE NOW: It’s Jobs Day! Will sluggish hiring translate into a higher unemployment rate? 📊🎥 Tune in as @JonathanJLevin joins @KRooneyVera and @foxjust for analysis of the data https://t.co/YQY6XVj8Nj ...

Investors are watching the House of Representatives as it prepares to vote on President Trump's mega bill while also awaiting the June jobs report. Let's bring in Drew Mattis, head of the global economic and market strategy team at Metife Investment Management. Drew, great to have you with us.Um, first, because they're discussing it as we speak in Congress, the bill, how important is that to your overall market outlook for later this year in terms of getting those tax cuts extended. Well, without the tax cu ...

The numbers are expected to show some impact of trade and chaos in the fiscal space with just 106,000 as the forecast consensus, 95,000 for the whisper number. So Wall Street leaning towards pessimism. Unemployment 4.3%.This would be a case of rounding. When we look out to three digits because barely rounded down to four to last month and it could go as high as four four depending on where we end up. Jobless claims are out today as well, 241,000.That's about where we are right now. So if there's a big chang ...

The unemployment rate in America’s auto heartland is among the highest in the country, @conorsen says (via @opinion) https://t.co/e2zjTt3z4h ...

Forecasters anticipate a monthly report on US employment will show slower hiring and the highest unemployment rate since 2021 as the Trump administration’s trade and immigration policy shifts start to leave an imprint https://t.co/bWU5uDfHjD ...

Market Overview - The market recovery in the first half of the year has been surprising, with many stocks returning to or exceeding pre-crisis levels despite ongoing uncertainties [5][12] - The focus has shifted from the "Magnificent Seven" to the "Troubling Three," which includes NVIDIA, Microsoft, and Meta as the primary drivers of market performance [10][11] NVIDIA and AI Sector - NVIDIA's performance is seen as a key indicator for the S&P 500, with its stock movements significantly influencing broader market trends [7][52] - Concerns are raised about the sustainability of NVIDIA's high valuations and the potential for commoditization in the AI space, which could lead to lower profit margins [19][20][33] Technology Sector Dynamics - The technology sector is experiencing high concentration, with a few stocks dominating market performance, reminiscent of historical trends seen in the past 40-50 years [12] - The liquidity in the marketplace is poor, with fewer buyers and sellers, leading to exaggerated market movements [53][54] Economic Indicators - The health of the US economy, particularly employment rates, is critical for market stability; rising unemployment could lead to significant shifts in bond yields and equity valuations [64][70] - Monitoring continuing claims for unemployment benefits is essential, as an increase could signal a downturn in consumer spending and economic health [71][72] AI in Healthcare - There is a growing belief that AI will have a more significant impact in healthcare and drug discovery than in consumer-facing applications, with potential for rapid advancements in diagnostics and treatment [38][41][45]

At the Federal Reserve's most recent meeting, they released their forecast for lower GDP, higher unemployment, and inflation than at the previous meeting. They projected GDP at 1.4%, unemployment to rise to 4.5%. And inflation to reach 3% in 2025.This combination of slowing growth and persistent inflation fits the classic definition of stagflation. A rare economic environment where both joblessness and prices climb at the same time. Now, in past instances of stagflation, it's been an exogenous force that pu ...

And returning now to President Trump's sweeping spending bill and Democratic governor sounding the alarm on the potential impacts of that legislation. Governor Wes Moore of Maryland calls it quote one of the worst bills for working families our country has ever seen. Governor Moore joins us now.Governor, thanks for taking time this morning to talk with us about this. You talk about this as a direct assault on your state by the federal government. As we're watching the way that this bill could change the way ...