cover of episode Dueling Presidential Corporate Tax Plans & Teens Aren’t Vaping Anymore

Dueling Presidential Corporate Tax Plans & Teens Aren’t Vaping Anymore

2024/9/6
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The upcoming jobs report is crucial for the Fed's policy decisions on rate cuts. Recent months have shown a shaky labor market, with downward revisions and a jump in the unemployment rate. Wall Street expects 161,000 jobs added and a slight unemployment decrease, but the actual numbers could vary significantly, impacting market reactions and potential recession fears.
  • The August jobs report is crucial for determining the Fed's policy on rate cuts.
  • There are signs of a shaky labor market, including downward revisions and a jump in the unemployment rate.
  • Wall Street expects 161,000 jobs added and the unemployment rate to tick slightly downwards to 4.2%.

Shownotes Transcript

Episode 404: Neal and Toby preview the upcoming jobs report that could shed some light on the direction of employment in the US, and the size of the Fed’s rate cut. Then, the Trump and Harris campaigns are focusing on corporate America with plans that have different strategies. Next, the Boeing Starliner is returning to Earth, finally! Except with no crew. Meanwhile, the organization behind National Novel Writing Month is being roasted online for not opposing AI. Meanwhile, a new survey shows teens are cutting back on vaping. Lastly, Fyre Fest 2 is coming…but no one knows when, where, and how. Seems to be going well so far. 

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00:00 - Intro

02:40 - Jobs Report Preview 

07:40 - Presidential Economic Plans 

12:30 - Starliner returns sans Astronauts 

17:45 - NaNoWriMo in Disarray

21:15 - Teens aren’t vaping 

24:45 - Fyre Fest II 

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