Labor Market Trends - The U.S. economy lost 23 thousand jobs last month, falling significantly short of the 83 thousand jobs projected by economists[1] - The unemployment rate dropped slightly to 4.1% as fewer individuals sought employment[2] - After adjusting for government workers and World Cup seasonality, the actual job growth was approximately plus 100 thousand[2] Economic Indicators & Inflation - Hourly earnings grew by 3.2% over the year, while inflation stood at 3.5%, resulting in a net pay cut for workers[6][7] - Public sentiment reflects a bleak economic outlook, with 71% of voters describing the economy as either not good or poor[8] - A K-shaped economic divide persists, where the top 10% of Americans account for half of corporate spending in the United States, while lower-income workers struggle[11][12] Technology & Employment Impact - Artificial Intelligence is not currently replacing jobs in massive waves, but it is impacting wage growth and entry-level corporate positions[14][15] - Entry-level and assistant-style jobs are particularly struggling to find work as AI agents increasingly handle initial-level tasks[14][15]

LATEST: 📈 The Wolf of All Streets' Scott Melker says "Bitcoin doesn't get you rich quick," but it "lets you avoid getting poor slow from inflation." https://t.co/yL5MKApyo8 ...

Breaking news. The Senate confirms Todd Blanche as attorney general in an early morning vote, 50 to 49. The nomination is confirmed.Applause broke out on the Senate floor. What this means for the future of the Justice Department. Digging into the jobs report.U.S. employers unexpectedly cut jobs and the unemployment rate fell. It is the fall in unemployment rate that's due to the wrong reasons. What it means for the fed and interest rates.And an apparent financial lifeline for live gold. It says found an inv ...

I'm a believer right now that all it's going to take to get the Bitcoin crowd fired up is a technical breaking point. I think this is the beginning and I think we're going to look back at the last two [music] weeks as being an indication that All right, ladies and gentlemen, we have a great conversation with Jordy Visser this week. Jordy gets into why he thinks the last two weeks are really big for Bitcoin. He thinks we're going to look back and actually think they were two of the most important weeks in Bi ...

THEY ARE NOT MAD AT ME, THEY ARE MAD AT REPUBLICANS. YOU KNOW WHAT, MR. PRESIDENT.LET'S SHOW YOU SOME SOUND FROM SOME TRUMP VOTERS WHO ARE FRUSTRATED WITH YOU AND YOUR ECONOMY. IT SEEMS LIKE EVERYTHING IS GOING UP, YOU KNOW, AND I VOTED FOR HIM, SO. I WAS HOPING THAT GASP I THINK IT WAS GOING TO GO DOWN SO I COULD DO SOMETHING, YOU KNOW.YOU CAN'T DO ANYTHING WITH GAS PRICES AND YOU JUST CAN'T, YOU CAN'T AFFORD TO BREATHE AT THIS POINT HE'S LOOKING OUT FOR HIMSELF PUT MONEY IN HIS POCKET BUILDING HIS WEALTH ...

Macroeconomic and Labor Market Dynamics - U.S. equities rebounded following the jobs report, with the VIX dropping to a bull market level below 15% and the dollar declining by 0.3% [1][4] - The U.S. economy lost 23 thousand jobs, including 53 thousand local education and teaching workers, while retail added 19 thousand jobs and the unemployment rate stood at 4.1% [1] - Artificial intelligence investments contributed to job growth, adding 19 thousand construction jobs for AI data centers and 4 to 6 thousand jobs in semiconductor manufacturing [2] Wealth Management and Personal Finance - Consumer credit card spending decelerated after peaking in early April, mirroring peak gas prices and reflecting how consumers absorb higher inflation [3] - Advanced wage pay emerged as the fastest-growing fintech industry, carrying an annualized interest rate of over 100% [3] - The S&P 500 averaged over 11% returns over the past 40 years, heavily supported by shifts from defined benefit plans to defined contribution plans and 1 trillion dollars in stock buybacks for S&P 500 companies [4][5] - U.S. investors remain heavily underweight in international equities, holding less than 36% of their assets internationally despite the U.S. representing 64% of global stock market capitalization [6] Sports Business and Industry Innovation - Golf participation in the U.S. grew by 39% since the COVID-19 pandemic, while the average age of professional tour television viewers remained at 66 years old [8] - Strategic Sports Group and investors backed the PGA Tour with up to 3 billion dollars, creating a for-profit arm named PGA Tour Enterprises [7][8]

There are now just 88 days until election day and things keep looking worse and woe for Donald Trump and his Republican Party. And Republicans, well, at least some of them, they seem to know they're in trouble. The Hill reports Fox Business host Larry Kudlow who served as National Economic Council THE PRESIDENT OF THE PRESIDENT TRUMP'S FIRST TERM SCOLDED SENATOR TOMMY TUBERVILLE ABOUT THE LACK OF BIG REPUBLICAN ACCOMPLISHMENTS I MEAN, YOU GOT STUFF OUT THERE.THE POLLS ARE LOWSY, KUDLOW DECLARED AT THE START ...

Can Turkey take on Dubai and London to [music] become a new global wealth hub. As war shakes the Middle East and taxes bite in the UK, Turkey sees [music] a unique opportunity to capitalize on its strategic location as a bridge between Europe and the Middle East. The country has unveiled a range of tax incentives [music] to wealthy expats and investors.On the table, minimal inheritance tax and the chance for 20 years of overseas income [music] free from local levies. There's also an amnesty program to bring ...

AMERICA'S DISASTROUS WAR IN the Mile East is now in its sixth month. Its economy is in a tailspin and Donald Trump is in a rage because his ballroom has been put on hold. Remember, this is what Donald Trump wanted and promised a 90 ,000-square-foot and gold behemoth that would dwarf the actual White House.It would be the biggest thing on that plot of land by far. This is what Donald Trump has given you, a gaping hole in the heart of the country. He posted this photo this week.Look at that. He's proud of tha ...