#marketnews #yahoofinance
Yahoo Finance’s Julie Hyman breaks down the University of Michigan consumer sentiment data and its effect on the economy.
DraftKings (DKNG) co-founder and CEO Jason Robins joins Yahoo Finance’s Julie Hyman to discuss the earnings results, progress in prediction markets, and more.
The US economy grew by 115,000 non-farm payroll jobs in April, according to the Bureau of Labor Statistics’ (BLS) latest report, above economists’ forecasts of 65,000. The national unemployment rate held steady at 4.3%.
Acting US Secretary of Labor Keith E. Sonderling sits down with Yahoo Finance Senior Reporter Jennifer Schonberger to talk about the fresh labor data, citing “resiliency” in job growth amid domestic investments in the US from major companies.
Sonderling took on the mantle of Acting Secretary of Labor after Lori Chavez-DeRemer resigned from the Trump Cabinet position on April 20.”
Chapters
00:00 Why consumer sentiment keeps falling
04:37 Coinbase earnings and crypto’s future
11:24 Why stablecoins are growing rapidly
14:08 DraftKings on prediction markets and sports betting
21:05 The labor market and AI job disruption
29:24 Nvidia, AI stocks, and market leadership
32:27 The battle for GLP-1 dominance
40:07 How higher prices are impacting travel
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