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☆ US consumer confidence jumps to highest level since July 2021
▼ + stars: | 2023-07-25 | by ( Alicia Wallace | ) edition.cnn.com time to read: +4 min

Minneapolis CNN —High interest rates aren’t souring Americans’ moods: A key measurement of consumer confidence just shot up to a level not seen since July 2021. The Conference Board’s monthly Consumer Confidence Index hit 117 in July, rising from 110.1 the month before, according to new data released Tuesday. The Conference Board’s confidence index and the University of Michigan’s twice-a-month consumer sentiment index are two leading gauges of consumers’ attitudes toward the current and future strength of the economy. Consumer spending, which is a key driver of US economic activity, has eased somewhat in recent months but remains resilient. The Commerce Department on Friday will release the latest data on consumer spending alongside a critical inflation gauge for the Fed.

Persons: ”, Dana Peterson, “, Nathan Howard, ” Ryan Sweet, Chris Rupkey, FwdBonds, Barbie Organizations: Minneapolis CNN —, Conference Board, Washington , D.C, Bloomberg, Getty, University of Michigan’s, Oxford Economics, ‘ Times, Commerce Department, Fed Locations: Minneapolis, Georgetown, Washington ,, Michigan, America

☆ Jason Aldean, Decrying ‘Cancel Culture,’ Has a No. 2 Hit
▼ + stars: | 2023-07-24 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +1 min

In May, the country star Jason Aldean released a single, “Try That in a Small Town,” with lyrics that paint contemporary urban life as a hellscape of crime and anarchy: “Sucker punch somebody on a sidewalk/Carjack an old lady at a red light.”“You think you’re tough,” Aldean sings. “Well, try that in a small town.”Initially, the track got relatively little notice, landing at No. “Try That in a Small Town” makes its debut at No. 2 on the Hot 100, Aldean’s best showing ever on Billboard’s all-genre pop chart, beating current hits by Olivia Rodrigo and Morgan Wallen. Aldean was surpassed this week only by Jung Kook of the South Korean supergroup BTS, whose debut solo single, “Seven,” opens at No.

Persons: Jason Aldean, Aldean, Aldean —, “, Olivia Rodrigo, Morgan Wallen, Jung Kook, ”, Henry Choate, — Organizations: Korean, BTS Locations: ”, Maury, Columbia, Tenn

☆ Jelly Roll’s ‘Save Me’ and the Music of Addiction and Recovery - The New York Times
▼ + stars: | 2023-07-23 | by ( Crispin Sartwell | ) www.nytimes.com time to read: +3 min

In a country riddled with crises — the opioid epidemic, mass incarceration, the mental health crisis and gun violence among them — Jelly Roll’s music is an expression not just of musical tastes, but also of a desperate national hunger for healing and recovery. Disclosure: Jelly Roll’s music makes me cry, too. I lost a brother and two stepbrothers to addiction and mental illness: Bob was killed in a drug-motivated shooting in 1984. These are the sorts of experiences that Jelly Roll is bringing to the charts: very common devastating experiences of betrayal and survivor’s guilt and despair that, despite their prevalence, are not usually made public. And as the ABC News Studios documentary “Jelly Roll: Save Me” makes clear, he is still struggling.

Persons: Rollmania, Bob, Adam, Jim, Jelly Roll’s, Morgan Wallen’s, Wallen’s, ”, “, David Allan Coe, Nan Goldin Organizations: ABC News Studios Locations: Nashville

☆ Names Old and New Top British Open Leaderboard
▼ + stars: | 2023-07-20 | by ( Alan Blinder | More About Alan Blinder | ) www.nytimes.com time to read: +1 min

It worked well enough for Stewart Cink on Thursday at the British Open. “When the gun goes off and you start in the tournament, you’ve got that adrenaline, and adrenaline does wonders for your jet lag,” Cink, 50, said. It also seemed to do plenty good for his scorecard, which reported a three-under-par 68 that positioned him high on the first-round leaderboard at northwest England’s Royal Liverpool Golf Club. There was Cink, who won the 2009 Open at Turnberry in Scotland by outlasting Tom Watson, then 59, in a playoff. But Christo Lamprecht, an amateur who plays for Georgia Tech, finished his five-under round with the lead.

Persons: Stewart Cink, you’ve, Cink, lurked, outlasting Tom Watson, Christo Lamprecht, Tommy Fleetwood, Emiliano Grillo, Lamprecht, Brian Harman, Adrián Otaegui, Antoine Rozner Organizations: Liverpool Golf, Royal Liverpool, Georgia Tech Locations: England’s, Royal, Turnberry, Scotland

☆ Barack Obama shares his summer playlist including songs by Tupac Shakur and Tina Turner
▼ + stars: | 2023-07-20 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Former President Barack Obama is staying cool this summer with a summer playlist of 40-plus songs that showcase his eclectic tastes. There are also some repeat artists on the list that Obama was listening to in the summer of 2021 – including the Rolling Stones, Stevie Wonder, SZA, Michael Kiwanuka and Bob Dylan – who show up here with different songs. Obama’s 2023 summer list includes country singer Luke Combs’s cover of Tracy Chapman’s 1988 classic “Fast Car,” which recently reached No. 1 on Billboard’s Country Airplay chart, making Chapman the first Black woman to top that chart in its 33-year existence. Obama traditionally releases these wide-ranging playlists for the summer, holidays and even for some workout motivation.

Persons: Barack Obama, ” Obama, Tina, Ike Turner’s, ”, 2Pac, Dre, Roger Troutman, Obama’s, Marvin Gaye, Otis Redding, Dr, Feelgood, Aretha Franklin, Nicki Minaj’s, Diana ”, Rauw Alejandro, Rosalía, Obama, Stevie Wonder, Michael Kiwanuka, Bob Dylan –, Luke Combs’s, Tracy Chapman’s, Chapman, “, Jorja Smith, Ashley McBryde, Pearl Jam Organizations: CNN, Twitter, Spice, Pearl Locations: California, United States

☆ Taylor Swift Becomes First Female Artist to Have Four Albums on Billboard’s Top 10 at Once
▼ + stars: | 2023-07-17 | by ( Jennifer Calfas | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Elizabeth Warren asks SEC to investigate Tesla
▼ + stars: | 2023-07-17 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Democratic Senator Elizabeth Warren asked the SEC to investigate Tesla and its board of directors to determine whether they violated securities laws after CEO Elon Musk took over Twitter last year. Warren wrote that that disorder has spilled over into Musk’s management of one of the most influential electric car companies in the United States. “Tesla is publicly owned, and Mr. Musk and the Board have responsibilities to shareholders and the public in their management of the company,” Warren wrote. “These close relationships may explain the board’s persistent inability or unwillingness to address the concerns posed by Mr. Musk’s actions,” Warren wrote. Last December, the Democratic senator wrote Tesla shareholders may be hurt by its CEO’s ownership of Twitter in a letter to company chair Robyn Denholm.

Persons: Elizabeth Warren, Tesla, Elon Musk, Elon, “, ” Warren, funneling Tesla, Warren, Gary Gensler, Linda Yaccarino, Musk, Cathie Wood, “ Mr, Tesla’s, –, It’s, Robyn Denholm, missive Organizations: New, New York CNN, Democratic, SEC, Twitter, Securities and Exchange, Oppenheimer, Co, Wall, Audi, GM, Tesla, CNN Locations: New York, Massachusetts, United States

☆ Pakistan: IMF approves $3 billion bailout for cash-starved country
▼ + stars: | 2023-07-12 | by ( ) edition.cnn.com time to read: +3 min

Islamabad Reuters —The International Monetary Fund’s board approved a $3 billion bailout program for Pakistan which will immediately disburse about $1.2 billion to help stabilize the South Asian ailing economy, the lender said on Wednesday. Pakistan and the fund reached a staff level agreement last month, securing a short-term pact, which got more than expected funding for the country of 230 million people. The country has faced an acute balance of payments crisis with only enough central bank reserves to cover barely a month of controlled imports. Longtime allies Saudi Arabia and United Arab Emirates have deposited $3 billion in Pakistan’s central bank in the last two days. Sharif said China had rolled over $5 billion in loans in the last three months to save his country from default.

Persons: “, Shehbaz Sharif, ”, Sharif, Fitch Organizations: Islamabad Reuters, Monetary, IMF, “, Longtime, United, CCC Locations: Islamabad, Pakistan, Saudi Arabia, United Arab Emirates, China

☆ Disney extends CEO Bob Iger’s contract through 2026
▼ + stars: | 2023-07-12 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

CNN —The Walt Disney Company’s board has unanimously voted to extend CEO Bob Iger’s contract through the end of 2026 — an extension of two years. “Because I want to ensure Disney is strongly positioned when my successor takes the helm, I have agreed to the Board’s request to remain CEO for an additional two years,” he said. In 2020, Bob Chapek, the company’s former chairman of Disney Parks, Experiences and Products, was named CEO after Iger unexpectedly announced his retirement. In November 2022, Chapek was ousted just months after signing onto a new three-year contract with Disney, and Iger stepped back into the role as CEO. Iger’s first term as Disney CEO lasted 15 years, from 2005 to 2020.

Persons: Walt Disney, Bob Iger’s, Iger, Disney’s, ”, ” Iger, Disney, Bob, Mark Parker, “ Bob, Bob Chapek, Chapek, Scarlett Johansson, Iger’s Organizations: CNN, Walt, Disney, Disney Parks Locations: Florida

☆ Taylor Swift's album release 'Speak Now (Taylor's Version)' comes during her very good, un-'cruel summer'
▼ + stars: | 2023-07-06 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +7 min

And on Friday, the throwback Swift love continues, when the beloved singer-songwriter releases her hotly-anticipated “Speak Now (Taylor’s Version)” album, a re-record of her 2010 hit album. While I haven’t yet seen the “Eras Tour,” I managed to secure tickets to an upcoming August show in Los Angeles. Taylor Swift performing the 'Eras Tour' in New Jersey in May. Swifies react to hearing Taylor Swift's 'Eras Tour' set begin from the parking lot of Philadelphia's Lincoln Financial Field in May. Taylor Swift performing the 'Eras Tour' in Cincinnati in June.

Persons: Taylor Swift, –, Swift, ” Alan Light, ”, I’ve, Kevin Mazur, ” Swift, John ” –, John Mayer –, ” Taylor Swift, ” She’s, it’s Swift, “, Taylor Swift's, Rachel Wisniewski, what’s, “ Taylor, David Perrigo, ” Perrigo, Swifties, it’s, Taylor Organizations: CNN, Stone, Swift, CNN Entertainment, Chicago’s, Pride, Lincoln Financial Field, Washington Post, Pittsburgh’s, Nashville, Nissan Locations: Pittsburgh, Los Angeles, New Jersey, Minneapolis, Philadelphia, ”, Chicago, Atlanta , New Jersey, Swifties, Cincinnati

☆ Hun Sen: Facebook urged to suspend Cambodia's PM over video threatening violence
▼ + stars: | 2023-06-30 | by ( ) edition.cnn.com time to read: +3 min

The oversight board for Facebook’s parent company Meta Platforms on Thursday said Cambodian Prime Minister Hun Sen should be suspended from the social media site for six months for posting a video violating rules against violent threats. The board, which is funded by Meta but operates independently, said the company had been wrong not to remove the video after it was published in January. Meta, in a written statement, agreed to take down the video but said it would respond to the board’s recommendation to suspend Hun Sen after a review. Any suspension would silence the prime minister’s Facebook page less than a month before an election in Cambodia. Phil Robertson, deputy Asia director for Human Rights Watch, said Hun Sen had finally been called out for inciting violence.

Persons: Hun Sen, Hun, –, Meta’s, Donald Trump –, Meta, Phil Robertson, ” Organizations: Cambodian, Meta, Facebook, United States, Cambodian People’s Party, Human Rights, Big Tech Locations: Cambodia, United, Asia

☆ Americans are feeling far more confident about the economy
▼ + stars: | 2023-06-27 | by ( Alicia Wallace | ) edition.cnn.com time to read: +1 min

Minneapolis CNN —Americans are feeling fairly bullish about the United States’ economic prospects: A key measurement of consumer confidence just jumped to its highest level since January 2022. The Conference Board’s Consumer Confidence Index was 109.7 in June, rising from 102.5 the month before, according to a report released Tuesday. The latest survey from the business research and membership organization continued to show that consumers retained a far sunnier outlook about the present than what could come in the months ahead. Both the present situations index and the expectations index rose from May; however, the latter remains at a level that flashes a recession warning signal, the Conference Board noted. Still, consumers indicated their plans to purchase homes and cars have slowed, and they’re pulling back more on vacation plans, including travel domestically.

Persons: ” Dana Peterson, ” Peterson Organizations: Minneapolis CNN, Conference Board Locations: Minneapolis, United States

☆ Regional Mexican Music Is Finding More Ears. Peso Pluma Is Helping.
▼ + stars: | 2023-06-22 | by ( Jon Pareles | ) www.nytimes.com time to read: +1 min

“Génesis,” the album released on Thursday by the Mexican songwriter known as Peso Pluma, could easily become a blockbuster. Its advance singles have already been streamed tens of millions of times. Other songs that Peso Pluma has released this year have racked up hundreds of millions of plays — among them “Ella Baila Sola” (“She Dances Alone”), his collaboration with the band Eslabon Armado, which reached No. Peso Pluma — Hassan Emilio Kabande Laija, 24, whose stage name translates as Featherweight — is at the commercial forefront among young Mexican and Mexican American musicians who are updating vintage sounds for a broad new audience, in songs known as corridos tumbados, or trap corridos. Regional Mexican music is a folky, organic alternative to nearly all the other best-selling 2020s pop.

Persons: “, Pluma, “ Ella Baila Sola, — Hassan Emilio Kabande Laija, He’s, Natanael Cano, ” Organizations: Grupo Frontera, Grupo Firme, Junior Locations: Mexican, Mexican American, Banda, United States, Mexico

However, the golf simulator transaction appears to have been structured to avoid Florida’s rigorous ethical disclosure requirements, said two governance experts in Florida. Florida state law requires public officials to file quarterly reports listing all gifts received with a value over $100. Uthmeier wrote that the loan was “permissible” according to state law and the Governor’s Ethics Code. Trump paid for his own golf simulator, according to the Washington Post. According to the list, the “acquisition cost” of both the treadmill and the golf simulator are listed as $1.

Persons: Ron DeSantis, DeSantis, Morteza, Donald Trump, Lynn Blais, Ben Wilcox, James Uthmeier, ’, Uthmeier, Barbara Petersen, Hosseini, Trump, Barack Obama, Ronald Watson, cabana, Watson, Wilcox, Caroline Klancke, Jason Szep Organizations: cabana, ICI Homes Residential Holdings, Mansion Commission, Commission, Florida’s Department of Management Services, Florida Center, Government, University of Florida, Reuters, aboutGOLF, Washington Post, Thomson Locations: Florida, Hosseini, DeSantis, Tallahassee, Ohio

☆ Florida Schools Question Content on Gender and Sexuality in A.P. Psychology
▼ + stars: | 2023-06-15 | by ( Dana Goldstein | ) www.nytimes.com time to read: +2 min

Ron DeSantis, a Republican presidential candidate, Florida has been a leader among conservative states that have passed laws restricting how gender, sexuality and race can be taught in kindergarten through 12th grade. Few organizations have had a more difficult time navigating these limitations than the College Board, whose Advanced Placement program offers 40 courses that are available across the country. teachers in Florida, we are heartbroken by the possibility of Florida students being denied the opportunity to participate in this or any other A.P. Psychology stands in marked contrast to its response to Florida’s efforts last year to influence the curriculum of A.P. classes whose content, as interpreted by schools and teachers, might run counter to new conservative regulations on how race, gender and sexuality are discussed in the classroom.

Persons: Ron DeSantis, Board’s, “, ” What’s, DeSantis Organizations: Republican, College Board, American Psychological Association, American Studies, Board, Florida Department of Education Locations: Florida

☆ De Blasio Owes City $475,000 for Bringing Police on Presidential Campaign
▼ + stars: | 2023-06-15 | by ( Michael Gold | ) www.nytimes.com time to read: +1 min

Shortly before Mr. de Blasio launched his campaign, the board said it told Mr. de Blasio that the city could pay for salary and overtime for his security detail, but that paying for the officers’ travel costs would be a “misuse of city resources.”But Mr. de Blasio did not heed the board’s guidance, it said. The former mayor’s presidential campaign reported having just $1,422.76 on hand in its last filing with the Federal Election Commission, in December 2020. A political action committee associated with Mr. de Blasio, Fairness PAC, last reported having more than $32,000 in debt and less than $3,000 on hand. Mr. de Blasio, who ran New York City from 2014 through 2021, was plagued by ethics questions during his time in office. He was the subject of a number of investigations into whether his fund-raising methods violated the city’s ethics law, a ban against soliciting contributions from people who had business in front of the city.

Persons: de Blasio, de, Gracie, Jocelyn Strauber Organizations: city’s Department of Investigation, Federal, Commission, Mr Locations: New York City

☆ Company execs used to trumpet their diversity and climate efforts. Now not so much
▼ + stars: | 2023-06-15 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Just 74 members of the S&P 500 even mentioned “ESG” in their first quarter earnings calls, according to new FactSet data. ESG funds have also lost popularity with investors. Total assets under management in ESG funds fell by about $163.2 billion globally during the first quarter of 2023 from the year before, according to data provider Lipper. The Congressman asked whether the company’s diversity initiatives were “directing resources away from the important things like greasing wheel bearings?”Companies “see that certain terms have become lightning rod terms. “You can say you’re increasing diversity initiatives just for the optics, but without data to back it up, you’ll eventually get called out by stakeholders,” he said.

Persons: New York CNN —, George Floyd, “, “ ESG, It’s, —, Lipper, What’s, Bud Light, influencer Dylan Mulvaney, Mike Collins of, ”, Douglas Chia, Chia, they’re, ” It’s, David Duffy, they’ll, you’ll, ’, Powell, Bryan Mena, Jerome Powell, ” Powell, Dow, Stocks, Beyoncé, Anna Cooban, Michael Grahn, ” Grahn, Bruce Springsteen, Grahn, that’s Organizations: CNN Business, Bell, New York CNN, InBev, Silicon Valley, Norfolk Southern, Conference Board’s ESG, . Firms, Securities and Exchange Commission, Federal Reserve, KPMG, Corporate Governance Institute, “, Nasdaq, Danske Bank, Reuters, CNN Locations: New York, Ukraine, United States, America, Silicon, Mike Collins of Georgia, East Palestine , Ohio, Denmark, Stockholm, Sweden, Swedish, Gothenburg

☆ How to Find a Real Estate Agent
▼ + stars: | 2023-06-14 | by ( Aly J. Yale | ) www.wsj.com time to read: +15 min

According to the Association of Real Estate License Law Officials, more than three million people hold active real estate licenses in the U.S. That’s a lot of people with a range of experience and expertise. That’d be “knowledge,” says Philip Hordijk, founder of real-estate brokerage Leven Real Estate. A note of caution: Think hard before choosing a friend or family member to help with a real estate transaction. Search online directories—with careThere are plenty of third-party real estate sites that offer agent directories, too, including Realtor.com and Zillow. Real-estate broker vs. agentThere is also a differentiation between a real-estate agent and a real-estate broker.

Persons: Aly J, ”, Jonathan Rundlett, “, Philip Hordijk, Kimberly Jay, I’m, ” Jay, Jeremy Kamm, ” Kamm, —, Jesse Sheldon, don’t, ” Hordijk, Christian Ross, Völkers, Desiree Avila, Charles Rutenberg, Johnny, you’re, ” Ross, Bret Weinstein, ” You’ll, you’ve, Sellers, Hordijk Organizations: Yale, Association of Real, License, National Association of Realtors, Compass, Real, Engel, Exxon Mobil, Houston Association of Realtors, NAR, News Corp, Street, Realtors Locations: U.S, Leven Real Estate, New York, New York City, Seattle, Fort Lauderdale, Avila, Houston, Denver, In Texas

☆ Companies are worried about a recession, but they’re hanging on to employees anyway
▼ + stars: | 2023-06-08 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

Minneapolis CNN —US companies wary about their economic prospects are battening down the hatches. Recent job market data shows more and more businesses have taken to “labor hoarding” and maintaining headcounts even as demand softens. Employees work at CannaCraft's March and Ash retail cannabis store in San Diego's Mission Valley neighborhood. Grey Duck’s sales picture will become clearer in the next three months, Bossen said. “We’re going to do whatever it takes to keep that staff employed and productive, even if things slow down,” he said.

Persons: ”, Dana Peterson, ” Peterson, it’s, Ash, Tiffany Devitt, CannaCraft, Ash CannaCraft, “, Devitt, Stephen Juneau, they’re, Matt Bigelow, Gusset Jean, Bigelow, ‘ Waddle, Rob Bossen, Grey, Eli Nord, Bossen, “ We’re, waddle Organizations: Minneapolis CNN, Conference Board, Conference, Business, CNN, Golden State, of Labor Statistics, Bank of America, Labor, Bureau of Labor Statistics, USA Brands, Gusset Jean Co, Vermont, Company Locations: Minneapolis, ”, headcount, California, Golden, Diego's, CannaCraft, Sonoma County, Juneau, Vermont, Johnson , Vermont, Roseville , Minnesota, China, Roseville

☆ The Merger of LIV Golf and the PGA Tour: Here’s What to Know
▼ + stars: | 2023-06-07 | by ( Kevin Draper | ) www.nytimes.com time to read: +2 min

The PGA Tour and LIV announced Tuesday the creation of a new entity that would combine their assets, as well as those of the DP World Tour, and radically change golf’s governance. The PGA Tour would remain a nonprofit organization and would retain full control over how its tournaments are played. This is how Jay Monahan, the commissioner of the PGA Tour, answered questions Tuesday about what golf might look like in the future. “I don’t want to make any statements or make any predictions.”Will LIV golfers go back to the PGA Tour and DP World Tour? Will PGA Tour players, many of whom spurned LIV and its huge paydays, receive compensation?

Persons: LIV, ” NewCo, Yasir al, Jay Monahan, Will LIV, ” Monahan Organizations: PGA, Public Investment Fund, LIV, PGA Tour

☆ What Does it Take to Run a Museum? The Job Description Is Changing.
▼ + stars: | 2023-06-06 | by ( Robin Pogrebin | ) www.nytimes.com time to read: +2 min

“You have to be an octopus, and the new generation of museum directors will have to be entrepreneurs,” said Anne Pasternak, the director of the Brooklyn Museum. “The field is going through seismic change and we need leaders who can stay grounded among the disruption. Climate activists announced plans to protest the Museum of Modern Art’s fund-raiser on Tuesday to draw attention to its board’s ties to to the fossil fuel industry. And museum staffs have not been shy about going public with criticisms of their own institutions. Some institutions worry that it will become more difficult to attract potential leaders who increasingly see director positions less as a way for them to share their aesthetic tastes, and more as a path to no-win managerial headaches.

Persons: ”, Anne Pasternak Organizations: Brooklyn Museum, Philadelphia Museum of Art, Whitney, Climate, Modern

☆ NASA’s Psyche mission will launch to an unexplored metal world this fall
▼ + stars: | 2023-06-05 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

The endeavor, known as the Psyche mission, was originally expected to lift off in 2022. But the launch window opened on August 1 and closed October 11 before the spacecraft’s flight software was ready. The analysis included ways to address issues with the mission as well as “JPL institutional issues” that caused the delay. This rendering shows how scientists think the Psyche asteroid appears up close. Rubin/NASA/JPL-CaltechThe Psyche asteroid is so metal-rich, some scientists believe it’s the exposed core of a planetesimal, or a planet in the making that separated into layers.

Persons: “, ”, Laurie Leshin, ” Leshin, Peter Rubin The, ’, Nicola Fox, Psyche, Rubin Organizations: CNN, NASA, Jet Propulsion Laboratory, California Institute of Technology, JPL, Engineers, Caltech, Arizona State Univ, Systems Locations: Pasadena , California, Florida, Arizona

☆ Jobs report: What to expect from the May data
▼ + stars: | 2023-06-01 | by ( Alicia Wallace | ) edition.cnn.com time to read: +5 min

But despite all that, the labor market has kept humming right along. And that’s largely expected to be the case, again, in Friday’s monthly jobs report from the Bureau of Labor Statistics. Private sector employment increased by 278,000 jobs in May, according to ADP’s monthly National Employment Report, frequently seen as a proxy for the government’s official number. Labor turnover data released Wednesday showed that the US employment market remained tight in April. The government’s May jobs report is scheduled for Friday at 8:30 a.m.

Persons: ” Daniel Zhao, that’s, ” Julia Pollak, “, Pollak, ”, Michael Feroli, Matthew Martin, ” Pollak, it’s Organizations: Minneapolis CNN, Federal Reserve, Bureau of Labor Statistics, “, ”, Commerce Department, CNN, Labor, JPMorgan, Oxford Economics, Challenger, Conference Locations: Minneapolis, April’s

☆ Stock Market Today: Dow Slides 100 Points as Debt-Ceiling Deal in Focus
▼ + stars: | 2023-05-30 | by ( ) www.wsj.com time to read: +1 min

Stocks were mixed and Treasury yields fell after a tentative deal was struck to raise the U.S. debt ceiling over the long weekend. The next step is for the legislation to be passed by Congress , which could run into procedural hurdles and opposition from lawmakers. Prices declined in some Western markets, such as San Francisco, Seattle and Phoenix. The worst performing sector in the S&P 500 this year led the way lower as fuel prices fell. Natural-gas futures fell 6% to trade at $2.27 per million British thermal units.

☆ Fact check: Ron DeSantis on Amanda Gorman poem being pulled from a Florida elementary school library
▼ + stars: | 2023-05-30 | by ( Kate Grise | ) edition.cnn.com time to read: +2 min

Ron DeSantis said Friday that he “had nothing to do with” a poem recently being moved from an elementary school library to a middle school library. “This is some book of poems. I had nothing to do with any of this, but it was a book of poems that was in an elementary school library and the school, or the school district determined that was more appropriate to be in the middle school library. So, they moved it from the elementary school library to the middle school library. The poem in question – Amanda Gorman’s “The Hill We Climb,” which she wrote for Joe Biden’s 2021 inauguration – was removed from the elementary school section of a Miami-Dade County K-8 public school to the middle school section of the school’s media center, CNN reported last week.

Persons: Ron DeSantis, “, Amanda Gorman’s, Joe Biden’s, DeSantis Organizations: CNN, Florida Gov, Republican, Florida Parent, Association Homeschool Convention, Dade, HB, Miami, Florida, Read Locations: Miami, Dade County, Orlando .

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