May Jobs Report Shows Resilient Labor Market Despite Economic Headwinds
Keith Buchanan, senior portfolio manager at Globalt Investments, joined Cheddar News to assess the steady increase of stock prices amid the May jobs report. The Labor Department reported that job growth spiked last month, which points to a strengthening market even despite economic headwinds.
At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations.
Chris Versace, CIO at Tematica Research, joins to discuss earnings season trends, Flash PMI signals, Walmart’s strategy updates, and Nike’s evolving outlook.
Andrew Nusca, Editorial Director at Fortune, dives into WhatsApp’s first-ever ads rollout —and how Meta’s ad push intensifies its showdown with OpenAI.