The US unemployment rate remained stable at 4.3% for April, according to data released on Friday by the US Department of Labor. This rate was consistent with th... https://news.osna.fm/?p=45052 | #news #despite #gains #holds #inflationary
US Unemployment Rate Holds Steady at 4.3% Despite Job Gains, Signaling Persistent Inflationary Pressure - Osna.FM

Discover the latest US unemployment rate! See why the American labor market held steady at 4.3% in April. Get expert analysis and economic data insights here.

Osna.FM

"Although energy price shocks are first felt at the pump by consumers, there's a multi-quarter lag before businesses are affected. Even if the Iran war ended right now,... the largest energy supply disruption in modern history would drive up transportation and/or production costs for businesses. This #inflationary impact is structural and can be a lot harder for the Federal Reserve to tackle."

The Motley Fool https://www.yahoo.com/finance/markets/stocks/articles/prediction-fate-trump-bull-market-105600170.html

#InternationalPolitics #TrumpWar #TrumpRegime #USPolitics

Prediction: The Fate of the Trump Bull Market Has Been Sealed by One Presidential Decision

Donald Trump may have already delivered the fatal blow to the bull market he helped inspire.

Yahoo Finance
Bloomberg: #Investors are going into today’s report on #consumerprices hedging against more #losses in #Treasury #bonds, fearing an #inflationary rebound spurred by last month’s #oilprice surge.

And the absurd thing is that if we had taken meaningful #ClimateAction we could have avoided all this.

The fertilizer dependency on oil & gas? Well, we know how to make fertilizer without it.

The price of gasoline and diesel? #ElectricTrain networks work! We can electrify most (probably all) land based transportation, reducing the #inflationary pressures of expensive oil. (Look at recent posts about EVs as a % of new cars and market growth)

Heck, without oil, there'd be a lot less incentive to go to war in the Middle East.

So please explain to me so I can understand it - why is it too #expensive to address #ClimateChange?

2 Bloomberg: The Bloomberg #Dollar Spot Index’s 2% gain in March has scrambled Wall Street’s playbook for the world’s dominant #reservecurrency. It also risks adding to #inflationary pressures around the world by making oil and food crops — denominated in dollars — even more expensive for importers.
#OilandGas account for about 1 per cent of #American #GDP, and some 7 per cent in #Canada; any gains that will arise in those relatively small sectors will be more than offset by the #inflationary effects in the rest of the #economy.” www.theglobeandmail.com/gift/24ca038... 🎁🔗

In the Iran war, good news is ...
In the Iran war, good news is bad news for oil, Canada and our future

The longer the conflict continues, the more it’s looking like an act of economic self-harm by the U.S., and Canadians will be collateral damage

The Globe and Mail
2 Desjardins: While #energyprices provided a significant drag, #inflationary pressures looked to be easing across a host of other categories too. #CPI #usecon
#Rogoff argues that the era in which the #dollar enjoyed unquestioned dominance alongside broad #global stability may be fading, and that erosion could bring more frequent or severe crises— #sovereigndebt problems, #inflationary episodes, and #financial #instabilityfivebooks.com/best-books/t...

The Best Economics Books of 20...
The Best Economics Books of 2025

The economic challenges we face today aren't the result of temporary shocks but structural changes that we need to grapple with, argues Jason Furman, a professor at Harvard and formerly the chief economic adviser to Barack Obama. He recommends five books to get us started—including the future of the dollar, China’s growth model, falling fertility, household financial fragility, and the enduring insights of Adam Smith.

Five Books

Just in: consensus economics still works, and can't be "truthed" away.

Large and erratic trade #tariffs, #inflationary fiscal policy, knock-on effects of layoffs and spending cuts at and by the largest employer (the government), and widespread lawlessness by that same government have all combined to produce a slowdown, soon to be a #recession. #Trumpslump

Meanwhile, #covid is starting to spread again rapidly because consensus health science still works.

2 CIBC: Overall, the report shows that core #inflationary pressures are still running hotter than what's consistent with the #Fed's target while #consumers are still enjoying healthy #income gains and a pace of spending despite higher #prices. #usecon #inflation #Fed #PCE