The most recent jobs report from the Bureau of Labor Statistics shows the United States economy exceeded expectations by adding 353,000 jobs in January. This continues the labor market's years-long trend of resilience in the face of the Federal Reserve's interest rate hikes. However, digging deeper into the numbers reveals figures that economists are keeping a close eye on.
Today, we explain why it's not necessarily ideal for local government jobs to lift up a booming labor market.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Political experts and podcast partners in the Night Owls Podcast, Joe Klein and John Ellis analyze the political pitfalls of Democrats in the next election and contrast those with the co-situational dangers of Trump. Plus, smushy-faced dogs and the dire lack of cow-part funding. Finally, Mike criticizes a New Yorker magazine story about Oregon overdoses that defied credulity.
A big week of debuts in tech – Apple’s Vision Pro hits shelves and Meta unveils a new plan for its cash.
(00:21) Bill Mann and Jason Moser discuss:
- Apple’s Vision Pro, Meta’s new dividend, and how the cloud keeps performing for Microsoft and Amazon.
- Why New York Community Bank’s woes don’t signal broader banking issues, but the liquidation of Evergrande could mean more pain ahead in China.
(19:11) Will Lansing, CEO of FICO, talks through his team’s management philosophy, why investors should focus on more than just the company’s scoring business, and the way AI and buy-now-pay-later are affecting the credit industry..
(35:35) Jason and Bill break down two stocks on their radar: Estee Lauder and Etsy.
Stocks discussed: AAPL, META, MSFT, AMZN, NYCB, EL, ETSY
Have you ever been through a romantic break up, unable to shift the ex from your thoughts? You are, obviously, not alone…
Listener Elkin, experienced just that. But rather than wallowing in self-pity, he sought out an explanation. Where better to get it, than from CrowdScience. Now, Alex Lathbridge is putting on his thinking cap to find out why we daydream?
Presenter: Alex Lathbridge
Producer: Harrison Lewis
Editor: Martin Smith
Production: Jonathan Harris
Featuring:
Giulia Poerio, Lecturer in Psychology, University of Sussex.
Kalina Christoff, Professor of Psychology, University of British Columbia.
Eli Sommer, Israeli Professor of Clinical Psychology, University of Haifa.
Sophie Forster, Reader in Psychology, University of Sussex
(Photo: Man daydreaming surrounded by clouds. Credit: jacquesdurocher / Getty Images)
City Council approves Gaza ceasefire resolution and Chicago becomes the largest city in the U.S. do so. Mayor Brandon Johnson gives migrants more time in shelters. And Chicago Tribune reporters go on strike for the first time in the paper's nearly 180-year history. Reset hears more about those stories and more with Chicago Tribune investigative reporter Ray Long, AXIOS Chicago reporter Monica Eng and WBEZ city government and politics reporter Mariah Woelfel.
Surprise, surprise, Biden drops F-bombs when he talks about the former insurrectionist president. Plus, Mike Johnson is Trump's punk, and the RNC is behind in the campaign money race after spending lavishly on luxury hotels and private jets. Michael Steele joins Charlie Sykes for the weekend pod.
On this episode of "The Federalist Radio Hour," Dr. J. Michael Waller, a senior analyst for strategy at the Center for Security Policy, joins Federalist Culture Editor Emily Jashinsky to recount his time as a CIA operative and trace intelligence agencies' path from rejecting communism during the Cold War to embracing cultural Marxism today.
You can find Waller's book "Big Intel: How the CIA and FBI Went from Cold War Heroes to Deep State Villains" here.
If you care about combatting the corrupt media that continues to inflict devastating damage, please give a gift to help The Federalist do the real journalism that America needs.
While Solana DeFi protocol Jupiter staged what was by most measures a very successful airdrop launch on Wednesday, achieving a market cap of close to $800 million, the company’s critics pointed out numerous ways the company seemed to unfairly enrich itself in the process. While Jupiter’s founder, who goes by the pseudonym Meow, acknowledges he might have done some things differently, he finds the criticisms of the launch mostly based on “bad faith” and misinformation.
Meow joined Unchained to discuss the thinking behind the launch mechanics of JUP, how the prior launch of memecoin WEN served as a dry run for JUP, whether the aggressive pricing strategy of JUP was a mistake, and what he hopes to achieve with Jupiter next, including the possibility of enabling companies of all kinds to list themselves publicly on chain.
Show highlights:
What Jupiter is and how it extends its functionality beyond mere token swapping
What users are primarily utilizing the dollar-cost-average feature of Jupiter for
Meow’s background in crypto and how he ended up in the Solana ecosystem
Why a launchpad seemed the ideal choice for Jupiter's token launch
What prompted the decision to release WEN, a memecoin, before launching JUP
Meow's response to criticisms regarding the launchpad's mechanics
Whether the aggressive pricing strategy for Jupiter was a misstep
How Meow feels about being targeted for criticism
What's on the horizon for Jupiter as a platform following the airdrop
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
Joanna Stern from the Wall Street Journal joins us to talk about her hands-on experience with the Vision Pro. We also break down the dramatic big tech hearings in Washington, Meta's monster earnings report, Elon Musk’s $55 billion pay package, and Peter Thiel’s steroid Olympics.
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