Jobs Report and Student Loans and Strikes. Oh My!
Description
It’s a new month and quarter, and this week, we’re talking about three big pieces of economic news that could impact your money: the September jobs report, the turnover or JOLTS report, and the return of student loan payments. Last month, we saw job gains easing and unemployment ticking higher. Now, as student loan payments resume, economist Danielle DiMartino Booth makes the case that we’re heading for recession. We’re also previewing earnings from Constellation Brands, the company that made Modelo the top selling beer in America, besting Bud Light. Aaron Back, deputy editor for WSJ’s Heard on the Street, explains why that makes Constellation a stock to watch. Plus, ahead of Ford’s monthly sales report, we’re looking at a surprising sticking point in the UAW strike against the Big Three Detroit automakers: stock buybacks and CEO pay.
Further Reading
The Big Employer Still Adding Jobs and Boosting Pay: The Government
The Job-Market Boom Is Over. Here’s Why and What It Means.
Job Market Cools but Is Far From Freezing
Unions Flex Power When Workers Are in Short Supply
UAW Goes on Strike Against GM, Ford and Stellantis
For more coverage of the markets and your investments, head to WSJ.com.
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