Job openings remain at an elevated 8.5 millio...

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There’s a bit less sizzle in the labor market

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ... Show more

. 1min 33sec

Fed to wait and see on inflation

Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on.

. 1min 5sec

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Consumer prices rise at slower pace

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Stocks fall; rent and gasoline push up consumer prices; Social Security benefits to rise by less than last year; new jobless claims unchanged from prior week.

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Wages have been outpacing inflation — but there’s a catch

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While the purchasing power of earnings started to catch up to inflation last year, lower- and middle-income workers have been playing catch-up and are trying to dig out of debt. Meanwhile, Americans are working fewer hours on average, and fewer hours can cause total earnings to t ... Show more

. 7min 34sec

Big Tech’s Bar Lowered? Boeing & T-Mobile CEOs, Fed Decision Day 7/27/22

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Carl Quintanilla and Jim Cramer began the hour by breaking down Alphabet’s and Microsoft’s latest quarterly results; both stocks rallied despite missing analyst estimates. The anchors then brought in Phil LeBeau alongside Boeing CEO Dave Calhoun on his company’s earnings report a ... Show more

. 44min 25sec