One interest rate cut makes sense as insurance against the dangers that the jobs market is weakening too much. Going much further risks a mistake that America’s central bank cannot afford https://t.co/Oug0TZDAeP ...

But what we can say is this that over the course of this year we've kept our poly policy at a restrictive level and and people have different views but a clearly restrictive level I would say so and we were able to do that uh over the course of this year because the labor market was in very solid condition with strong job creation and all those things. I think if you start go back to April and now look at the revised job creation numbers for for May, June, July and August you can kind of I can no longer say ...

UK jobs market appears to be past the worst and a flurry of deals from Trump's visit -- get briefed ahead of your morning calls with The London Rush https://t.co/60PTR8nmBh ...

Tariffs and Supply Chain - Tariffs serve an important purpose in addressing fragile supply chains exposed during COVID-19, particularly for essential goods [4] - The US has made progress in bringing key parts of the supply chain back, incentivizing domestic manufacturing of critical components like chips [5][6] - Government intervention, such as providing capital to stimulate economic growth, should ensure sovereign protection and secure supply chains [9][10] Corporate Response to Tariffs - Companies are facing a conundrum with rising input costs due to tariffs and limited ability to raise prices for consumers [12] - Corporations are adapting to tariffs by becoming more efficient and reducing human capital [14] - Revenue for companies in Q2 increased by just over 6%, while earnings per share (EPS) increased by 118% [16] Labor Market Dynamics - The job market is weak despite a good economy and strong earnings, as companies are downsizing to offset increased input costs [17][18] - Companies are leveraging AI and natural attrition (80,000+ people turning 65 weekly) to reduce headcount [19][21] - Downsizing explains the conundrum of a weak jobs market despite efforts to bring jobs back to the US [26] Future Economic Outlook - A rebirth in jobs and manufacturing is hoped for, contingent on lower interest rates and a restart in housing [27] - Capital expenditure (capex) will be spent over several years (2026-2030), primarily on equipment rather than labor [28][29]

All right, time for another big interview here on Power Lunch. Pleased to be joined by Alon's chief economic adviser, Muhammad El Arent. Muhammad, good to see you again.Listen, you have been >> Well, thank you. You have been fairly critical of the Fed. You've also been critical but fair.And as the job market has been slowing for over a year, some, like the, you know, the guy in the White House are wondering why the Federal Reserve has not already begun to act on interest rates. Outside of those rather, some ...

Labor Market & Political Impact - The jobs market was weaker than previously thought [1] - President Trump was upset by the weak jobs market data [1] - President Trump fired the head of the U S agency that collects the data [1] Economic Outlook - The economy's future hinges on subsequent developments [1]

Economic Indicators & Labor Market - US economy added 73,000 jobs in July, far lower than expected, with June and May numbers revised down by a combined 258,000 [2] - The White House defended the dismissal of the Bureau of Labor Statistics Commissioner despite accusations of data manipulation without evidence [3][4][5] - The jobs data revision is considered a historically important outlier, the biggest since 1968 [5][6][7] - Declining response rates to BLS surveys contribute to data inaccuracies [8][9] Trade & Tariffs - New tariffs on almost every US trading partner are set to come into effect [1][12] - Tariffs could lead to a slowdown in spending and hiring, potentially impacting the economy [14] - The probability of a Federal Reserve interest rate cut increased from approximately 40% to 75% following the release of weak jobs data [16] - Potential interest rate cuts by the Fed are expected to be gradual, possibly a quarter point in September and another in December [17] Political & Policy Impacts - The President plans to appoint a new head of the Bureau of Labor Statistics within 3-4 days [19][20][22] - Texas Democrats fled the state to block a Republican redistricting plan that aims to add five new GOP seats [31] - The Texas Governor is threatening to expel or extradite the lawmakers [32][38] Environmental & Disaster Impacts - Severe weather, including wildfires and flooding, is causing chaos across the US [43][44][45][46][47][48][49][50] - Wildfires in central California have burned approximately 40,000 acres [46] - The Dragon Bravo fire in Arizona has become the largest in the US, burning over 116,000 acres and is only 11% contained [47] - Air quality alerts are in effect in multiple states due to smoke from Canadian wildfires [45][52][53] - Heavy rainfall and flooding are impacting parts of the Southeast, with 10 million people affected [54]