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john, thank you very much. and you guys, everyone is not going to want to miss this. new cnn original series, giuliani, what happened to america s mayor, premiers this sunday, back to back episodes. cnn this morning continues now. i would love to know, but we re working through it and made progress today. three days into this, the longest since the 1850s. well, i have the longest speech on the floor so i like to make history. another round, but the question is, is it the last call for kevin mccarthy? good morning, everyone. caitlyn live in washington, d.c. at capitol hill once again. this is becoming my new home. i miss you guys. do i still have a chair in the studio? bring her chair back. she s coming back on monday. i swear if you re not here, we re coming there. yeah, it s remarkable. day four of the speaker s election. don, as you see what s playing out here. it certainly is. the house will be on their 12th vote when they reconvene in just a few ho ....
Dracut High Athletic Director Paula Chausse is moving on. The Middies grad announced she is resigning as AD, ending a five-year run at her alma mater. ....
Can make sense of it. the fed meeting later this month, what does jay powell do with this? he looks at the wage number, which is 4.3% for annual wage growth, a little cooler than the 4.4%, but not a lot in april. so what s good news for workers is their paychecks are fatter. kind of bad news for the fed because that can spin off inflation. i think this means the fed s work is not done. there are those economists who say maybe this is a sign of a soft landing. maybe you re going to have an overall economy slowing down but you re not going to have big cracks in the labor market. one other thing i ll say is neala richardson, they count private payrolls, she told me this week small employers, small businesses are finally doing most of the hiring because you have seen the big headlines from big companies that have paused hiring or had layoffs. finally small business owners who have been deserate to get workers, they re the ones who have a shot at getting workers and that s good for the ec ....
Be trickling into higher prices which all of us are dealing with. so again, it s the goldilocks, the slowing but not the sort of ice cold water on a labor market that still remains strong. on an annual basis, 4.6% wage growth. that s a nice pay raise. we worried it was more like 5% or higher. having wage growth in the 4% range shows the fed s medicine has been working so far. that s what you want to see. all of this aggressive medicine from the fed is actually doing something to take the temperature down on the patient. it s kind of weird to sit here and say, and hear you guys go, but this was slower and this was lower, and that s great. it s so counterintuitive. it s like, what are you talking about? i talked to neala richardson, a private economist yesterday, because we got a different labor report yesterday. and i asked her for people at home, how would you describe the labor market? she said something that i thought was so interesting, strong but fragmented. for certain indus ....