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US Labor Secretary slams Fed chair for not cutting rates, plus how AI is impacting the labor market

DeFi Daily News by DeFi Daily News
September 5, 2025
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US Labor Secretary slams Fed chair for not cutting rates, plus how AI is impacting the labor market
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Opening Bid anchor Brian Sozzi breaks down the latest market moves for September 5, 2025.
US Labor Secretary Lori Chavez-DeRemer discusses the August labor market and why she believes Fed Chair Jerome Powell should cut rates.
Vanguard Global chief economist Joe Davis discusses the impact of AI on the labor market and the economy, saying that AI will cause disruption in the labor market and have both positive and negative impacts. For more Opening Bid videos, please visit: https://finance.yahoo.com/videos/series/opening-bid/
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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

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LinkedIn: https://www.linkedin.com/company/yahoo-finance

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Tags: aiBondsbusinessChairCurrenciescuttingEquitiesfedFXimpactingInvestingInvestmentLaborMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsratesSavingsSecretaryslamsStock marketstocksYahoo FinanceYahoo FInance Premium
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