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☆ Healthy alternatives to replace ultraprocessed foods in your diet
▼ + stars: | 2024-05-11 | by ( Katia Hetter | ) edition.cnn.com time to read: +5 min

CNN —Many people love their ultraprocessed foods. More than 70% of the US food supply is made of ultraprocessed food. But a diet heavy in ultraprocessed food isn’t good for us, science has shown. Eating ultraprocessed foods raises the risk of developing or dying from dozens of health conditions, according to a February review covering nearly 10 million people. The no-fly list of ultraprocessed food is loaded with store-bought chips, sugar-packed yogurts and candy-filled trail mix.

Persons: Skip, Al Bochi, Casey Barber’s, Suzy, Karadsheh, Bochi’s, Parfaits, CNN’s Sandee LaMotte, Madeline Holcombe Organizations: CNN, Food and Agriculture Organization, United Nations, Olive, Olive Tree Nutrition Locations: Olive Tree

☆ Goldman Sachs CEO David Solomon breaks down how the AI obsession is creating a gold rush for the bank
▼ + stars: | 2024-04-15 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

Artificial intelligence is on everyone's lips, and that's expected to translate into big bucks for Goldman Sachs, according to CEO David Solomon. He said the bank has been "advising clients on these topics and how to think about potential use cases in their operations." AI's impact on jobsSolomon also explained how, internally, AI could impact its own workforce. "We see enormous opportunities for productivity gains and also opportunities for efficiency," Solomon said, describing how the AI revolution could impact Goldman's human capital. Some firms like Deutsche Bank have been piloting test cases to evaluate the impact AI could have on junior bankers' workflows.

Persons: Goldman Sachs, David Solomon, Solomon, PwC, — Goldman, Goldman, JPMorgan Chase, Reed Alexander Organizations: Business, P Global, Intelligence, Deutsche Bank, Goldman, New York Times, JPMorgan, Global Locations: ralexander@businessinsider.com

But a new report from Consumer Reports said it recently compared the nutritional profiles of two Lunchables kits served in schools and found they have even higher levels of sodium than the Lunchables kits consumers can buy in stores. The non-profit consumer group said it has petitioned the US Department of Agriculture, which oversees the federally assisted school meal program, to remove Lunchables food kits from school cafeterias, as a result. The introduction of Lunchables in schools came amid proposed changes to school food guidelines by the USDA, which oversees the federally assisted school meal program. The proposed changes aimed to reduce added sugars and sodium levels in school-provided lunches. Food additives are considered “generally recognized as safe” (GRAS) by the US Food and Drug Administration, but not everyone agrees.

Persons: Lunchables, Armour LunchMakers, Oscar Mayer, can’t, “, Brian Ronholm, Kraft Heinz, ” Kraft Heinz, Carlos Monteiro, Monteiro, ” Monteiro, Heinz “ Organizations: New, New York CNN, Consumer, Natural Meat, World Health Organization, US Centers for Disease Control, US Department of Agriculture, CNN, USDA, University of Sao, NOVA, US Food and Drug Administration, Center for Science, Environmental, Kraft Locations: New York, University of Sao Paulo, Brazil

☆ The simple chocolate protein smoothie recipe that a healthy aging doctor drinks every morning
▼ + stars: | 2024-02-14 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +3 min

Read previewA precision medicine doctor, who tailors her patients’ care to boost their longevity, shared the recipe for the simple, four-ingredient protein smoothie that she drinks every morning. This story is available exclusively to Business Insider subscribers. 4-ingredient chocolate smoothie recipeBerriesDark chocolateWhey protein (at least 20 grams protein per scoop)IceAdvertisementComite simply blitzes these ingredients together in a food blender and then drinks it on the move. Comite thinks of dark chocolate as a supplementComite considers dark chocolate a supplement because it is so “rich in powerful flavonoids,” which are antioxidants that come from plants. Comite uses a brand called CocoaVia, but you can use any dark chocolate, she said.

Persons: —, Florence Comite, Ludlam, Raine Organizations: Service, Precision Medicine & Health, Business, Comite Locations: Florence, York, Comite

☆ What Wall Street bosses from Goldman Sachs to JPMorgan are saying about the jobs outlook for 2024 in investment banking, wealth management, and more
▼ + stars: | 2024-01-16 | by ( Emmalyse Brownstein | Alex Morrell | Reed Alexander | ) www.businessinsider.com time to read: +11 min

Last year, banks opened 2023 by forecasting layoffs, including for the investment bankers who suddenly had nothing to do following the pandemic-era M&A and IPO boom. Citigroup kicked off 2024 ominously, warning that it will lay off as many as 20,000 employees by 2026. The bank expects 2024 expenses to increase further to total $90 billion, up $2.8 billion from 2023, and much of that will be focused on hiring. CFO Barnum on Friday said the bank is gearing up for a "rebound in the investment banking wallet." Headcount declined 3% to 80,006 from 82,427, while compensation expenses rose to $24.5 billion from $23 billion.

Persons: It's, it's, Jane Fraser, Jeremy Barnum, JPMorgan Chase Jamie Dimon, JPMorgan Chase, Alex Wroblewski, JPMorgan's headcount, Barnum, Friday, Patrick T, Fallon, —, Fraser, Q, Goldman Sachs Goldman Sachs, David Solomon, BRENDAN MCDERMID, Goldman Sachs, Denis Coleman, Coleman, Goldman, Bank of America Brian Moynihan, Robert Galbraith, headcount, BofA, Alastair Borthwick, execs, they've, Brian Moynihan, Wells Fargo Charles Scharf, Lucy Nicholson Wells Fargo, Michael Santomassimo, Charlie Scharf, Santomassimo, BlackRock Larry Fink, Fink, Kapito, Morgan Stanley Ted Pick, Morgan Stanley, Jeenah, Headcount, Morgan, Ted Pick, Sharon Yeshaya, Blackstone Steven Schwarzman, Blackstone, Gonzalo Fuentes Organizations: Business, Citigroup, JPMorgan, Citi, BlackRock, Blackstone, Getty, AlphaSense, Citigroup Citigroup, Bank of America, REUTERS, Robert, Robert Galbraith Bank of America's, Reuters, AP BlackRock, Global Infrastructure Partners Locations: Wall, headcount, Wells Fargo

☆ Another study links ultraprocessed foods to cancer, but questions remain
▼ + stars: | 2023-11-22 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

“This study adds to a growing pool of evidence suggesting a link between UPFs (ultraprocessed foods) and cancer risk,” said Dr. Helen Croker, assistant director of research and policy at World Cancer Research Fund International, which funded the study, in a statement. Ultraprocessed foods are often calorie-dense and are considered to be a driver of excess weight, experts say. An unusual linkOddly, the study also found a link between ultraprocessed food and accidental deaths, which was being used as a control for the study. A growing associationThis is not the first study to find a link between ultraprocessed food and cancer. In that study, eating more ultraprocessed animal products and sweetened beverages explained a good part of the association.

Persons: ”, Helen Croker, Ingre, UPFs, ” Huybrechts, David Katz, Katz, ” Katz, “ UPFs, George Davey Smith, “ Organizations: CNN, Cancer Research Fund, Metabolism, International Agency for Research, Cancer, Food and Agriculture Organization, United Nations, European, of Nutrition, Investigation, Cancer and Nutrition, EPIC, US Centers for Disease Control, BMI, True Health Initiative, University of Bristol Locations: United States, UPFs, Europe, United Kingdom

☆ Eating a lot of ultraprocessed food linked to developing multiple health issues, including cancer
▼ + stars: | 2023-11-14 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +5 min

CNN —Eating higher amounts of ultraprocessed food raises the risk of being diagnosed with multimorbidity, or having multiple chronic conditions such as diabetes, heart disease and cancer, a new study found. “This paper reports a 9% increase in risk of multimorbidity to be associated with higher intake of ultraprocessed food,” Sanders said in a statement. In the United States, a 2019 study estimated some 71% of the food supply may be ultraprocessed. Sugary and artificially-flavored drinks and ultraprocessed meats like hot dogs were significantly linked to the development of ccancer and other disease. When ultraprocessed foods were examined by subgroups, not all appeared to be associated with developing multiple chronic conditions, said lead author Reynalda Córdova, a postdoctoral student in pharmaceutical, nutritional and sport sciences at the University of Vienna.

Persons: ”, Helen Croker, Tom Sanders, ” Sanders, Ian Johnson, ” Johnson, Heinz Freisling, Duane Mellor, Mellor, ” Mellor, Reynalda Córdova, ” Córdova, Freisling Organizations: CNN, Cancer Research Fund, King’s College London, Quadram Institute Bioscience, International Agency for Research, Cancer, Food and Agriculture Organization, United Nations, NOVA, Aston Medical School, University of Vienna Locations: Norwich, United Kingdom, Europe, United States, Birmingham, “

☆ How Apple's thinking about AI spending and deployment differs from Big Tech rivals
▼ + stars: | 2023-11-01 | by ( Bob Woods | ) www.cnbc.com time to read: +9 min

And, of course, we've been doing research across a wide range of AI technologies, including generative AI, for years," he said. The upgraded camera uses machine-learning AI to tell the difference between a person and an animal in the frame. Laura Martin, a tech analyst at Needham, is among those who say Apple is "far behind" its big tech rivals. The early edge in generative AI is paying off for rivals, as was evidenced by Microsoft's recent earnings report. "We believe they are on the cusp of what will be the introduction of an AI App Store over the next year," he said.

Persons: Brendan Burke, That's, Tim Cook, Cook, we've, Siri, Apple, it's, Laura Martin, Martin, I'm, Ives, that's, what's, OpenAI, Google's Bard, Burke, Claude Organizations: Apple, Microsoft, Google, Vision Pro, Amazon Web Services, Bloomberg, Meta, Financial Times Locations: Cupertino, California, Seattle, Paris, Beijing, Anthropic

☆ China could strike far more than just flattops with its growing arsenal of 'carrier-killer' missiles, defense expert says
▼ + stars: | 2023-10-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

In the update, the Pentagon assesses China bolstered its missile stockpiles, specifically its DF-26 supply. The report shows that in 2022, China increased the number of intermediate-range ballistic missiles from 300 in 2021 to 500. "Numbers like that could change the DF-26 from a 'carrier killer' to just a 'ship killer,'" he said. The Pentagon said that in 2020 China "fired anti-ship ballistic missiles against a moving target in the South China Sea, but has not acknowledged doing so." DF-26 missiles attend the military parade in Beijing, capital of China, Sept. 3, 2015.

Persons: —, Theodore Roosevelt, I've, Tom Shugart, who's, Shugart Organizations: US Department of Defense, China, Pentagon, Service, China's, People's Liberation Army Rocket Force, titans, U.S . Navy, Getty, US, Center, New, New American Security, US Navy, Western Pacific, PLA Locations: China, Republic, Guam, New American, South China, Ruoqiang, South, Western, Taiwan, Japan, Beijing, Xinhua

After college, Sheffield worked for Amoco Corp and later joined his father-in-law's oil company and became CEO five years later. That company would become Pioneer Natural Resources. On his return, he made Permian oil its sole focus: putting natural gas processing, oilfield services and South Texas shale assets on the block. He also embraced an emerging philosophy that emphasized shareholder returns over rapid production gains, rejecting a plan to more than quadruple Pioneer's oil production by 2026. Two of Sheffield's most significant insights were the major role technology would play in reshaping U.S. oil production and the recognition that big oil companies would eventually control the Permian, he said.

Persons: Scott Sheffield, Eduardo Munoz, Texas oilman Scott Sheffield, Dan Pickering, Sheffield's, Bryan Sheffield, Scott, Boone, Daniel Yergin, Sheffield, Darren Woods, he's, Doug Sheridan, He's, Bruce Vincent, Bryan, Arathy Somasekhar, Gary McWilliams, Marguerita Choy Organizations: Natural Resources Company, REUTERS, Rights, Natural Resources, Sheffield, Exxon Mobil, Pickering Energy Partners, SCHOOL Oil, Atlantic Richfield Co, Tehran school's American, Formentera Partners, Amoco Corp, Energy, Exxon, DoublePoint Energy, EnergyPoint Research, Swift Energy, Thomson Locations: New York, Texas, U.S, TEHRAN, Atlantic Richfield, Iran, Tehran, West Texas, Boone Pickens, South Texas, Sheffield, Houston

☆ BlackRock’s Larry Fink squares off with Uncle Sam
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

Laurence Fink, founder and chief executive officer of BlackRock, Inc. speaks during the Reuters Global Investment Outlook Summit in New York, U.S., November 13, 2017. REUTERS/Lucas Jackson Acquire Licensing RightsNEW YORK, Oct 13 (Reuters Breakingviews) - BlackRock (BLK.N) calls every dollar it manages a “unit of trust” expressed by clients. The trouble for the investing behemoth led by Larry Fink is that there’s an increasingly reliable custodian of such assets these days: Uncle Sam. Even so, $644 billion has crowded into retail money-market funds this year, crimping BlackRock’s all-important stock portfolios. Fink has been bulking up in infrastructure, credit and other investments that are harder to trade, but which also generate higher fees.

Persons: Laurence Fink, Lucas Jackson, ”, Larry Fink, Uncle Sam, Fink, crimping, Jonathan Guilford, Jeffrey Goldfarb, Sharon Lam Organizations: Inc, Reuters Global Investment, REUTERS, Reuters, BlackRock, Graphics, Treasury, X, Infosys, Thomson Locations: BlackRock, New York, U.S, Europe

Those are just a few of the takeaways in a new book, “this is so awkward,” aptly lowercased and titled to break down all things puberty for today's parents. The book, out this week from Rodale, is written by pediatrician Cara Natterson, whose “Care & Keeping of You” series has sold more than 7 million copies, and Vanessa Kroll Bennett, a puberty educator and Natterson's co-host of “The Puberty Podcast." AP: One of the things that really struck me about the book is the often inconclusive state of science on puberty, leaving parents to suss out the truth for themselves. So issues of sleep, issues of self-esteem, issues of body image. This is a perfect opportunity for a do-over because controlling our kids' social media feels so big and it feels so hard.

Persons: Cara Natterson, Vanessa Kroll Bennett, Natterson's, Natterson, Kroll Bennett, KROLL BENNETT, That’s, hookup, don’t, they’ve, It's, We're, Vanessa, Let’s, You’re, It’s Organizations: Rodale, Technology

☆ Armed with a heavyweight torpedo made to 'break ships in half,' Taiwan's first homemade submarine represents a new threat to China's navy
▼ + stars: | 2023-10-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

The vessel's ability to carry a powerful heavyweight torpedo capable of defeating ships and submarines — the US-made Mark 48, or Mk-48 — is a real eye-catching feature. The vessel — its English name "Narwhal" and Mandarin name "Hai Kun" — is the first sub of the island's Indigenous Defense Submarine program, a top priority in Taipei. AdvertisementAdvertisementTaiwan President Tsai Ing-wen receiving a submarine model in front of Taiwan's first locally built submarine, "Narwhal," during the vessel's unveiling ceremony at the CSBC Corporation shipbuilding company in Kaohsiung in September. US Navy/MC1 Michael B ZingaroOriginally designed in the late 1960s and deployed in the late 1980s, the Mk-48 torpedo was intended to counter advances in Soviet submarine technology. These considerations make the Mk-48 torpedo key.

Persons: —, Tom Shugart, who's, they're, Tsai Ing, Bryan Clark, Clark, Donald Trump, Michael B, It's, Shugart, MCSN Jaimar Carson, Huang Shu, kuang, they've, Philip Davidson, Michael B Zingaro, it's, Huang, wouldn't Organizations: China, Service, US, Center, New, New American Security, Indigenous Defense, CSBC Corporation, SAM, Getty, US Navy, Hudson Institute, Army, Pacific Command, Tomahawk, Maritime Locations: Taiwan, bulking, New American, Kaohsiung, Taipei, AFP, Los Angeles, Columbia, Soviet, Jefferson City, Beijing, China, Ukraine

☆ Armed with a heavyweight torpedo made to 'break ships in half,' Taiwan's first homemade submarine will represent a new threat to China's navy
▼ + stars: | 2023-10-10 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

☆ Streaming companies chase Spanish-language sports rights to capture growing Hispanic viewership
▼ + stars: | 2023-10-06 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

It's an effort to diversify viewership and advertising opportunities — and to capitalize on a growing Hispanic streaming audience. Hispanic audiences spend nearly nine hours per day consuming media, the majority of which is TV viewership, according to a recent study from Nielsen based on viewership habits from July. The study noted the Hispanic audience has been at "the forefront of cord-cutting," making it a growing majority of streaming viewership, too. According to the findings, Hispanic viewers spend more than 50% of their time consuming TV through streaming, eclipsing the general population, at nearly 40%. Traditional media companies across the board have been doling out cash for sports as live games still command the highest traditional TV viewership.

Persons: Roberto Firmino, Eder Militao, NBCUniversal's, It's, Shirin Malkani, Perkins, Lea, Eli Velazquez, Lionel Messi Organizations: Liverpool, Real Madrid, UEFA Champions, Liverpool FC, Anfield, . Media, Canela Media, Telemundo, ESPN, Nielsen, Telemundo Deportes, Major League Soccer's Inter Miami Locations: Real, Liverpool, England, Spanish, U.S

We're buying 75 shares of Oracle (ORCL) at roughly $107.96 each. Following Thursday's trade, Jim Cramer's Charitable Trust will own 650 shares of ORCL, increasing its weighting to 2.54% from 2.26%. That's why we are buying more Oracle — bulking up our position size into the stock's recent weakness. Oracle stock pulled back in September after the company missed on quarterly revenue estimates and provided an outlook that failed to live up to lofty expectations. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Mary Daly, Daly, Safra Catz, Catz, Jim Cramer, Jim, Spencer Platt Organizations: Oracle, ORCL, San Francisco Fed, Treasury, CNBC, New York Stock Exchange, Getty Locations: Manhattan, New York City

It got me thinking about the money I have stashed away in my current high-yield savings account. Here's why I'm sticking to my current savings account. With Ally, I can enjoy the fact that there are no monthly account fees, nor a minimum balance requirement. That's more money than I would ever feel comfortable keeping in a short-term savings account, let alone locked for a long stretch. Sure, rates are a big part of deciding which high-yield savings account to go with.

Persons: I've, Ally, There's, you'll Locations: Michigan

☆ Live sports are headed to Max, as Warner Bros. Discovery adds a new tier to streaming app
▼ + stars: | 2023-09-19 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

Sports are coming to Warner Bros. CNBC previously reported Warner Bros. Warner Bros. In May, the streamer was renamed Max after the parent company blended the content of HBO Max and Discovery+ apps together. The move came more than a year after the merger of Warner Bros. and Discovery.

Persons: Cody Bellinger, Louis, Tommy Edman, Max, David Zaslav, CNN Max Organizations: Los Angeles Dodgers, Louis Cardinals, Dodger, Sports, Warner Bros, TNT, TBS, Major League, NHL, NBA, CNBC, Max, HBO Max, AMC Networks, CNN, Company

☆ NFL games are shifting away from traditional TV. Are you ready to stream some football?
▼ + stars: | 2023-09-06 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +2 min

On any given Sunday, there will be more National Football League games available on streaming services than ever before — some even exclusively. The NFL season kicks off Thursday with the Super Bowl champions Kansas City Chiefs hosting the Detroit Lions. Google's YouTube TV and the NFL's streaming service will also become bigger players in the streaming game. When media giants signed NFL media rights deals in 2021, valued at more than $100 billion, more of those deals included the rights to streaming games. Plus, in this past year, the NFL sold the media rights to its "Sunday Ticket" to Google 's YouTube TV for about $2 billion annually, shifting access to the package of out-of-market games to a streaming-only audience.

Persons: Aaron Rodgers, Comcast's, Peacock, Roger Goodell Organizations: New York Jets, New York Giants, MetLife, National Football League, NFL, Super Bowl, Kansas City Chiefs, Detroit Lions, Paramount Global, Disney, ESPN, Disney's ESPN, YouTube, Charter Communications, Google Locations: East Rutherford , New Jersey

☆ Warner Bros. Discovery CEO David Zaslav says writers, actors strikes need to end as media industry is in a transitional moment
▼ + stars: | 2023-09-06 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

The media industry is in a transitional moment — from streaming to traditional TV — and the focus needs to be on ending the writers and actors' strikes, Warner Bros. The comments came a day after Warner Bros. The work stoppage has halted production on Hollywood sets, impacting companies like Warner Bros. Warner Bros. Still, like its peers, Warner Bros.

Persons: David Zaslav, Zaslav, Goldman Sachs, Warner, Max, — Organizations: Warner Bros, Discovery, Technology, Writers Guild of America, Hollywood, Warner, Warner Bros . Discovery, NBA, Max, CNBC, Major League Baseball, AMC Networks, CNN

☆ StanChart to sell jet leasing arm to Saudi wealth fund unit for $3.6 bln
▼ + stars: | 2023-08-28 | by ( Rishav Chatterjee | ) www.reuters.com time to read: +2 min

The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. Riyadh-headquartered AviLease, also known as Aircraft Leasing Co, is a jet lessor owned by Saudi Arabia's sovereign wealth fund. StanChart said in January it was exploring options for its global aviation finance business. Dublin-based Standard Chartered Aviation Finance owns and manages more than 120 aircraft and offers services including jet fuel hedging, debt financing and remarketing of unneeded planes. PIF is setting up startup carrier Riyadh Air to predominantly serve the kingdom’s capital, which has ambitions to become a global business hub.

Persons: Peter Nicholls, StanChart, Simon Cooper, Airfinance, Fahad Al, Saif, AviLease, Rishav Chatterjee, Shounak Dasgupta, Mark Potter Organizations: Chartered, REUTERS, Aircraft Leasing Co, Chartered Aviation Finance, Aviation Finance, Corporate, Institutional Banking, Standard Chartered, Saudi Public Investment Fund, Riyadh Air, Thomson Locations: London, Britain, Saudi Arabia, Riyadh, Saudi, Dublin, Europe, Bengaluru

☆ Why the Stock Market’s Summer Doldrums Are Not a Problem
▼ + stars: | 2023-08-25 | by ( Jeff Sommer | More About Jeff Sommer | ) www.nytimes.com time to read: +2 min

Briefly put, short-term rates — those embodied in money-market funds as well as credit cards — are a direct consequence of the Federal Reserve’s campaign to reduce inflation. The Fed has been tightening monetary policy, mainly by raising the short-term rates it controls, the best known being the federal funds rate. The downgrade of U.S. Treasury debt by the Fitch Ratings agency also contributed to the run-up in rates on Treasury securities. In addition, the balance of supply and demand in the bond market has been tilting in a way that is contributing to higher rates. The Treasury has been auctioning an unusually large amount of debt, bulking up its resources after the brinkmanship of the debt ceiling crisis this spring.

Persons: Jackson, Jerome H, Powell Organizations: Federal, Treasury, Fitch Locations: Japan, China

An employee of a private security company stands in front of the logo of commodities trader Glencore during the company's annual shareholder meeting in Cham, Switzerland May 24, 2017. Analysts at Deutsche Bank had expected half-year earnings of $9.9 billion, while Citi's estimate was $11.4 billion. The company announced additional returns of around $2.2 billion, including a $1 billion special dividend and a $1.2 billion share buyback programme that will run until February 2024. Glencore in June offered to buy Teck's coal business as a standalone unit, having been rebuffed twice in its $22.5 billon bid to combine the two companies. As part of the deal, Glencore would spin-off and merge its thermal coal business with Teck's steelmaking coal one to form a separate New York-listed company.

Persons: Arnd, Glencore, Gary Nagle, Nagle, MARA, didn't, Bunge, Clara Denina, Pratima Desai, Kirsten Donovan Organizations: REUTERS, Canada's, Canada's Teck Resources, Tinto, Teck Resources, Deutsche Bank, Citi, U.S, Thomson Locations: Cham, Switzerland, Canada's Teck, Teck, China, New York, London, U.S

☆ What to expect from the jobs report: Steady, but cooler growth
▼ + stars: | 2023-08-04 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

But markets and economists are expecting another solid jobs report Friday morning. And while economic data isn’t typically the sexiest of topics, the government’s jobs report has in recent months delivered plenty of excitement and its fair share of surprises. Last July, for example, the US economy added 568,000 jobs — more than double the 250,000 that economists had expected. Come Friday, the government’s jobs report for this July might not end up being quite so shocking. In fact, it could be relatively humdrum: A slight cooling in job growth, and unemployment holding steady.

Persons: Minneapolis CNN — Fitch, ”, Daniel Zhao, Refinitiv, Chris Rupkey, That’s, Michael Gapen, Janet Yellen, Glassdoor’s Zhao, ” Zhao, there’s, ” Andy Challenger, Challenger, ” Gus Faucher, they’re, Becky Frankiewicz, “ Organizations: Minneapolis CNN, Glassdoor, Bank of America, ” Bank of America, Business, Conference Board, Fitch, Challenger, “ Companies, Labor Department, “, PNC Financial Services Group, CNN, Labor Statistics, BLS, “ Employers, ManpowerGroup Locations: Minneapolis, United States

☆ What to expect from the July jobs report: Steady, but cooler growth
▼ + stars: | 2023-08-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Minneapolis CNN —Despite Tuesday’s credit rating downgrade amid concerns about the challenges facing the United States, markets and economists are expecting another solid jobs report on Friday. And while economic data isn’t typically the sexiest of topics, the monthly jobs report has in recent months delivered plenty of excitement and its fair share of surprises. Come Friday, the government’s jobs report for this July might not end up being quite so shocking. In fact, it could be relatively humdrum: A slight cooling in job growth, and unemployment holding steady. The broader economic scorecard for the United States makes the downgrade all the more “bizarre” and puzzling, noted top economists, including Treasury Secretary Janet Yellen.

Persons: ”, Daniel Zhao, Refinitiv, Chris Rupkey, That’s, Michael Gapen, Janet Yellen, Glassdoor’s Zhao, ” Zhao, there’s, ” Andy Challenger, Challenger, Gus Faucher, they’re, Becky Frankiewicz, “ Organizations: Minneapolis CNN, Glassdoor, Bank of America, ” Bank of America, Fitch, Challenger, “ Companies, PNC Financial Services Group, CNN, Labor Statistics, BLS, “ Employers, ManpowerGroup Locations: Minneapolis, United States

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