Alex Osola
speaker
474 appearances
7 recordings
2 series
first heard Dec 2025
last heard 5 Jun
Alex Osola’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 7 in all, peaking in Jan 2026 with 2.
Appearances
Another month of strong jobs growth is making it more likely that the Fed will raise interest rates, not cut them.
Plus, the Nasdaq had its worst day of 2026, falling more than 4% on worries about inflation and AI demand.
And $264 for a fish dinner?
Public official spending is making taxpayers furious.
It's Friday, June 5th.
I'm Alex Oselev for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
The jobs market had another strong showing in May.
A report out today from the Labor Department says that the U.S.
added 172,000 jobs last month, blowing past analyst expectations.
Meanwhile, the unemployment rate held steady at 4.3 percent.
WSJ economics reporter Matt Grossman says that suggests the labor market is recovering from a weaker period last fall and winter.
But Matt says that many people are still anxious about the job market and the economy.
As for the Fed, this report makes a rate cut less likely than a rate hike this year.
Some Fed officials have already begun suggesting that in recent days, and futures markets reflect a roughly 50 percent bet that the Fed will raise rates at its October meeting.
That meeting is less than a week before the midterms.
That might be a tough situation for the new Fed chair, Kevin Warsh, who President Trump picked because he wants him to lower interest rates.
SpaceX is expected to make its stock market debut next week in what could be the biggest IPO ever.
And as the company works to drum up investor interest, banks are sharing their projections with select investors.
Morgan Stanley is one of the banks working with SpaceX on its IPO.
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