Jobless Claims at 11 Month High; Manufacturing Activity at 8 Month Low | Business Matters Full Broadcast (August 1)
Listen now
Description
The stock market flashing red today as warning signs flash in other areas of the economy too. Weekly jobless claims now at an 11-month high. Today's labor market report also showing also the total number of people on jobless rolls is at the highest since 2021.
Manufacturing data suggesting a slow down in the broader US economy. ISM data showing the manufacturing sector contracted in July for the fourth consecutive month. It's now at its lowest level in eight months.
More Episodes
Former President Donald Trump says that, if he becomes President, he should have a say in the fed's interest rate decisions - a policy that impacts the world economy.
Stellantis is laying off almost 2,500 factory workers from an assembly plant outside of Detroit. The automaker is ending...
Published 08/09/24
JP Morgan now raising the odds of a recession by the end of this year to 35-percent. That’s up from 25-percent. The news comes after a weaker than expected July jobs report and the sharp sell-off in global equities over the unwinding of the yen-funded carry trades.
American budgets are being...
Published 08/08/24
Published 08/08/24
Links
Genres
Artwork or description wrong?
Request an update »
Updates may take a few minutes.
Do you host a podcast?
Track your ranks and reviews from Spotify, Apple Podcasts and more.
