Manufacturers added 22,000 jobs in may. To my panel for reaction we have mike murphy. And stephanie, you have been cautious on earnings. It wasnt a surprise to you to see the numbers coming in weaker than expected, waits. Obviously employment is only as good as profit growth. We are in a process recession accord together Government Data reported last week. The fourth square and First Quarter her negative. So we are clearly in a process recession. I think what we have seen is Pricing Power has been incredibly low for most of corporations. And they had this situation where prices have been going up faster than the ability to possible them on to consumers for almost two full years. So we are starting to see that impact profit and a lag employment. I anticipate the trend will continue. I dont know that well see numbers like we you a today. But well see satined deceleration in employment and wage growth or the course of the year. Maria you think things are slowing. The news was weaker than
Manufacturers added 22,000 jobs in may. To my panel for reaction we have mike murphy. And stephanie, you have been cautious on earnings. It wasnt a surprise to you to see the numbers coming in weaker than expected, waits. Obviously employment is only as good as profit growth. We are in a process recession accord together Government Data reported last week. The fourth square and First Quarter her negative. So we are clearly in a process recession. I think what we have seen is Pricing Power has been incredibly low for most of corporations. And they had this situation where prices have been going up faster than the ability to possible them on to consumers for almost two full years. So we are starting to see that impact profit and a lag employment. I anticipate the trend will continue. I dont know that well see numbers like we you a today. But well see satined deceleration in employment and wage growth or the course of the year. Maria you think things are slowing. The news was weaker than
Manufacturers added 22,000 jobs in may. To my panel for reaction we have mike murphy. And stephanie, you have been cautious on earnings. It wasnt a surprise to you to see the numbers coming in weaker than expected, waits. Obviously employment is only as good as profit growth. We are in a process recession accord together Government Data reported last week. The fourth square and First Quarter her negative. So we are clearly in a process recession. I think what we have seen is Pricing Power has been incredibly low for most of corporations. And they had this situation where prices have been going up faster than the ability to possible them on to consumers for almost two full years. So we are starting to see that impact profit and a lag employment. I anticipate the trend will continue. I dont know that well see numbers like we you a today. But well see satined deceleration in employment and wage growth or the course of the year. Maria you think things are slowing. The news was weaker than
Were live on the scene. Deadly winds tearing through the northeast and the new Cross Country storm on the move. Sam is tracking it all. Tik tok blocked. The push for a ban an the new push back on congress. 90 of sales are through tik tok. Wed lose all our customers. With millions of businesses on the line, and why lawmakers on both sides of the law warn the popular app cannot be trusted. Royal photo scandal. Princess kate seen for First Time Since admitting she edited the picture with her kids as questions grow about the future queen. One on one with Jenifer Lewis. The actress and comedienne revealing a harrowing experience. Nothing would move. So i laid there. I said, move your body, baby. Come on. What happened on her trip of a life time . Is your car spying on you . Could it drive your insurance rates higher . Plus the big change coming to air bnb concerning surveillance cameras. Soundtrack of the 80s. Now ive got you in my sights with these hungry eyes celebrating eric carmen, the
The hit stores like this and do that kind of damage. He is confident that the Good Police Work will crack the case soon and the suspects will be apprehended before hitting the store again. Stephen tschida, abc7 news. Larry thank you. Alison talked about it online for months and now itks like metro board is willing to give them refunds if the trains cant get them to work on time. D. C. Bureau chief sam ford covering metro live from the judiciary station to explain. Sam . Sam well, it came out at a meeting today of the metro committee on the safety and the service delivery. As a way of assuring the public metro plans to win them back by putting the money where its mouth is if necessary. Back on your smart trip card. A Committee Voted Unanimously to accept a plan whereby m would reimburse the fare of any smart trip rider is the trip was more than 15 minutes late. Reaction . I think its a great thing to do. Frequently late on metro. You like the idea . Yeah. It sounds great. The Board Memb