Mike Armstrong and Marc Fandetti dive into the unexpected results from the jobs report and look at how far off the expectations were. Is unemployment unnaturally low? US factories are 'hoarding labor' to prevent what happened to them during the pandemic. Massachusetts mistakenly used $2.5B in Federal money to fund jobless benefits. Is this mistake going to cost the taxpayers big time? Investors have soured on Chinese stocks and renew fears about the economy. Wall Street banks are using AI to rewire the world of finance.

Mike Armstrong and Marc Fandetti discuss the AI stock rally stalling out as Nvidia drops back below $1T. As US races ahead, Europe frets about battery factory subsidies. Rising costs are prompting more adult children to sell the homes they inherit from their parents. Twitter is now worth 1/3 of what Elon Musk paid for it, according to Fidelity. Paul LaMonica joins the show to chat about Macy's brutal earnings report and what the future holds for the former retail giant.

Mike Armstrong and Marc Fandetti give a quick thirty second update on the debt-ceiling deal, which is now in the hands of the Senate. The Fed prepares to skip June rate rise but likely hike later. Businesses are utilizing funny accounting to bolster profits for their earnings reports. Birth rates stayed flat in 2022, numbers way down for younger women. Shifting demographics in the US are concerning for some economists.

Todd Lutsky, Cushing and Dolan, stops by to detail why a 'will' alone is not a sufficient estate plan. Todd goes into what a 'will' will do for you and won't do for you and why an estate plan needs to be more well rounded. Todd takes calls from the audience with specific questions about preparing or adjusting their existing estate plans.

Paul Lane and Marc Fandetti take a look at how home prices are back on the rise for the second month in a row and how we got here with the housing market. Ted Rossman, Bankrate.com, joins the show to chat about travel inflation and how Americans are adjusting their travel plans this summer. Former Treasury Secretary Lawrence Summers sees US interest rates heading higher in the short-run, but US taxes rising significantly in the long-run. Workers say high costs, caregiving duties, and long commutes are keeping people out of the office.

Paul Lane and Marc Fandetti jump into the freshly released jobs report and Marc is not impressed by the data. When consumers tell you they're hurting, believe them. Inflation is impacting Americans much more than those in DC are letting on. Have megafirms like Nvidia grown too big? Investors think they are only getting started. Todd Lutsky want to make sure everyone understands that a 'will' isn't good enough estate planning.

Mike Armstrong and Paul Lane open the second hour of today's show discussing new data out of the Labor Department showing a decline in college enrollment. Speaking of jobs, teen workers continue to be in high demand this summer with better pay. Plus, more on inflation, streaming service content, and much more.

Mike Armstrong and Paul Lane run through the tentative debt ceiling deal struck over the weekend and discuss how it could impact the economy. Plus, why have markets been so calm over the past several months? Also, why are more workers tapping into their 401k(s)?

Chuck Zodda and Mike Armstrong push back against the narrative that AI will drastically reduce jobs. Pressure mounts for US to respond to China after the country banned US company Micron. Mark Zuckerberg unveils 'scrappier' future at Meta after layoffs. Young adults are taking longer to reach 'key life milestones' which is crushing their finances for later in life. How can parents help their kids with finances? Paul LaMonica stops by to chat about Nvidia soaring yesterday and what the future may hold for the chip making giant.