Stock market reacts to July jobs report
We are learning more this weekend after the U.S. economy unexpectedly shed jobs in July. The new report comes amid the ongoing Iran conflict and the impacts associated with the fighting. The Bureau of Labor Statistics last week reported that employers cut 23,000 jobs in June. That figure was well below the estimate of economists polled by LSEG, who estimated 80,000 jobs would be added. LiveNOW’s Andy Mac is speaking with Sam Sutton from POLITICO as investors are looking to see how markets will react moving into next week.
We are learning more this weekend after the U.S. economy unexpectedly shed jobs in July. The new report comes amid the ongoing Iran conflict and the impacts associated with the fighting. The Bureau of Labor Statistics last week reported that employers cut 23,000 jobs in June. That figure was well below the estimate of economists polled by LSEG, who estimated 80,000 jobs would be added. LiveNOW’s Andy Mac is speaking with Sam Sutton from POLITICO as investors are looking to see how markets will react moving into next week.
U.S. unemployment rate dropped to 4.1% in July
The U.S. labor market cooled in July, with 23,000 jobs lost last month. The U.S. Bureau of Labor Statistics released its monthly data report Friday, which showed the unexpected economic downward trajectory. The unemployment rate also ticked down 4.1%. White House economic adviser Kevin Hassett told reporters the lost jobs is due to government employment decline from DOGE, winter snow causing teacher breaks being pushed to July, and the World Cup ending which meant "hospitality workers were then laid off." AIER senior research fellow joins LiveNOW's Austin Westfall to discuss.
The U.S. labor market cooled in July, with 23,000 jobs lost last month. The U.S. Bureau of Labor Statistics released its monthly data report Friday, which showed the unexpected economic downward trajectory. The unemployment rate also ticked down 4.1%. White House economic adviser Kevin Hassett told reporters the lost jobs is due to government employment decline from DOGE, winter snow causing teacher breaks being pushed to July, and the World Cup ending which meant "hospitality workers were then laid off." AIER senior research fellow joins LiveNOW's Austin Westfall to discuss.
New study reveals Americans feelings on free enterprise, capitalism and socialism
A new poll offers insight into how Americans view different economic systems, highlighting public consensus and division over the trade-offs, benefits, and disadvantages of each approach.
A new poll offers insight into how Americans view different economic systems, highlighting public consensus and division over the trade-offs, benefits, and disadvantages of each approach.
25 states sue to stop Trump administration’s latest tariffs
Twenty-five states have filed a lawsuit to block the most recent round of tariffs announced by the Trump administration.
Twenty-five states have filed a lawsuit to block the most recent round of tariffs announced by the Trump administration.
The worst states for having a baby in 2026, according to data
New data ranked the best and worst states to have a baby in 2026. See which states made the top and bottom of the list.
New data ranked the best and worst states to have a baby in 2026. See which states made the top and bottom of the list.
These are the happiest industries to work in, according to new data
New data is revealing the careers with the happiest workers in America in 2026. See the list here.
New data is revealing the careers with the happiest workers in America in 2026. See the list here.
These are the best and worst states for healthcare in 2026, data suggests
While surging healthcare costs remain a burden for millions of Americans, a new report reveals that your location plays a role in how much you pay out-of-pocket for medical services.
While surging healthcare costs remain a burden for millions of Americans, a new report reveals that your location plays a role in how much you pay out-of-pocket for medical services.
Oil prices ease after US and Iran pause military strikes
Oil prices pulled back this weekend as tensions eased in the Middle East. This comes as both the United States and Iran held off on military actions.
Oil prices pulled back this weekend as tensions eased in the Middle East. This comes as both the United States and Iran held off on military actions.
Vanishing inheritance amid rising elder care costs
We are learning more after reporting from The Washington Post that is dedicated to the "greatest wealth transfer in history" which they say involves the estimated $68 trillion to $84 trillion that is expected to pass from baby boomers to their descendants over the next two decades. LiveNOW’s Andy Mac is speaking with Federica Cocco from The Washington Post as reporting indicates the cost of elder care is largely eating away much of what these baby boomers had hoped to pass on.
We are learning more after reporting from The Washington Post that is dedicated to the "greatest wealth transfer in history" which they say involves the estimated $68 trillion to $84 trillion that is expected to pass from baby boomers to their descendants over the next two decades. LiveNOW’s Andy Mac is speaking with Federica Cocco from The Washington Post as reporting indicates the cost of elder care is largely eating away much of what these baby boomers had hoped to pass on.
Trump imposes new tariffs on dozens of countries
Politico's Daniel Desrochers joins LiveNOW's Anna Marsick to discuss the tariffs President Trump imposed on dozens of countries this week.
Politico's Daniel Desrochers joins LiveNOW's Anna Marsick to discuss the tariffs President Trump imposed on dozens of countries this week.
Disney reportedly lays off hundreds of employees, Pixar hit hard despite blockbuster success
Disney laid off several hundred employees Tuesday morning across multiple divisions, with Pixar absorbing the largest share of the cuts.
Disney laid off several hundred employees Tuesday morning across multiple divisions, with Pixar absorbing the largest share of the cuts.
Buc-ee's reveals managers can earn up to $275K without college degree
Popular gas station chain Buc-ee's has sparked an online debate after displaying signs advertising employee pay, including salaries of up to $275,000 a year for some store managers without a college degree.
Popular gas station chain Buc-ee's has sparked an online debate after displaying signs advertising employee pay, including salaries of up to $275,000 a year for some store managers without a college degree.
Treasury intercepts nearly $99M in federal payments to deceased individuals under Trump fraud order
The U.S. Department of the Treasury has prevented nearly $99 million in federal payments from being disbursed to deceased individuals using a new verification system deployed under President Donald Trump's executive order targeting government fraud, waste and abuse.
The U.S. Department of the Treasury has prevented nearly $99 million in federal payments from being disbursed to deceased individuals using a new verification system deployed under President Donald Trump's executive order targeting government fraud, waste and abuse.
Major grocery chain beats Walmart, Aldi in price war as shoppers hunt for checkout relief
A new price comparison of 15 grocery store staples found that this retailer had the cheapest overall basket, beating Walmart, Aldi and Albertsons.
A new price comparison of 15 grocery store staples found that this retailer had the cheapest overall basket, beating Walmart, Aldi and Albertsons.
US average gas price rises above $4 a gallon again
Drivers are feeling a financial squeeze at the pump as the national average for a gallon of gasoline went over $4. The surging price eclipses last year's average, which had settled slightly over the $3 mark.
Drivers are feeling a financial squeeze at the pump as the national average for a gallon of gasoline went over $4. The surging price eclipses last year's average, which had settled slightly over the $3 mark.
Pizza chain to close up to 50 locations as sales slump
MTY Food Group CEO Eric Lefebvre various store locations at this pizza chain will close after nearly two years of turnaround efforts failed to deliver results.
MTY Food Group CEO Eric Lefebvre various store locations at this pizza chain will close after nearly two years of turnaround efforts failed to deliver results.
Acting director for US intelligence announces new round of job cuts
Bill Pulte, the acting director of National Intelligence, announced on social media last week that the agency began a new wave of job cuts, but he declined to provide specific figures on how many positions are being eliminated.
Bill Pulte, the acting director of National Intelligence, announced on social media last week that the agency began a new wave of job cuts, but he declined to provide specific figures on how many positions are being eliminated.
Energy markets remain volatile amid US-Iran strikes
LiveNOW’s Austin Westfall is speaking with Axios energy reporter Ben Geman as the United States launches new strikes aimed at Iran and the Strait of Hormuz. This comes as a Cyprus-flagged container ship struck by Iran suffered "significant engineroom damage" and a civilian crew member is missing according to U.S. Central Command. Senior U.S. officials had previously said in Washington that negotiations to further cement last month's deal to end the war will be unable to progress without the strait being secure.
LiveNOW’s Austin Westfall is speaking with Axios energy reporter Ben Geman as the United States launches new strikes aimed at Iran and the Strait of Hormuz. This comes as a Cyprus-flagged container ship struck by Iran suffered "significant engineroom damage" and a civilian crew member is missing according to U.S. Central Command. Senior U.S. officials had previously said in Washington that negotiations to further cement last month's deal to end the war will be unable to progress without the strait being secure.
Consumers shouldn't expect prices to fall anytime soon, top economist warns
Conference Board Chief Economist Dana M. Peterson says consumers are abandoning big-ticket items as housing, healthcare, ad insurance costs influence spending.
Conference Board Chief Economist Dana M. Peterson says consumers are abandoning big-ticket items as housing, healthcare, ad insurance costs influence spending.
Another USPS stamp price increase takes effect soon
Your next trip to the mailbox could cost more. Here's when USPS stamp prices are going up – and by how much.
Your next trip to the mailbox could cost more. Here's when USPS stamp prices are going up – and by how much.