Welcome back to Power Launch. As Kelly alluded to, Treasury yields are rising as investors digest weaker data for the jobs market and weigh the impact of President Trump's tax and spending package working its way through Congress. And now the next key report will be tomorrow's big granddaddy of them all, the big jobs number. Our Rick Santelli has the bond report with all of those factors at play and the big non-farm payrolls tomorrow.Rick. Yes, Dom. What an interesting day and for a variety of reasons.As yo ...

Hello and welcome to the latest edition of Market Sunrise. We hope you're having a fantastic morning. Today we'll be looking at what's moving markets around the world.The big beautiful bill, insurance stocks that are seeing big swings, JPAL sticking to his guns, and stick around to hear more from our exclusive interview with Kraken co-CEO Arjunetti and how he threw away millions of dollars of Bitcoin by mistake. So grab that coffee and let's own the morning. So, here are three things you need to know before ...

As of June 2025, the US economy continues to defy some expectations as the labor market shows some strength even with inflation moderating. The latest jobs report on June 6th showed non-farm payrolls grew by 139,000 in May. This surpassed the forecast of 125,000 jobs, while the unemployment rate held steady at 4.2%.Meanwhile, the most recent CPI report on the 11th showed inflation below expectations at 2.4% year-over-year in May with core steady at 2.8%. Earlier worries that tariffs was going to at the same ...

The May non-farm payrolls report was stronger than expected, but it still reinforced the idea that the employment landscape is losing momentum. While the headline data was stronger than expected, it was still lower than last month's figure, which was revised even lower. Combined with the strong wage growth figure and a lower labor force participation rate, this data could signal that employers are pulling back on hiring in response to tighter financial conditions, but also incentivizing their current labor ...