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Will the U.S. avoid a recession?

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U.S. companies saw a massive and unexpected spike in hiring for the month of June.

 
According to ADP’s National Employment Report—the private sector added 497,000 jobs last month, far exceeding economists’ expectations of just 228,000 jobs.

This comes as the world is trying to return to pre-pandemic output and continues to fight off global inflation.

While the private payroll processor’s tabulations don’t always match-up exactly with the official federal jobs report—it is often viewed as a proxy for overall hiring activity.

Jim Worden, the CIO of Wealth Consulting Group joins us to discuss.
#economy #business #inflation #interestrates

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Trump’s shock Iran strike sparks global oil fears

Trump’s unexpected strikes on Iran’s nuclear sites unleash global concerns over oil prices and Strait of Hormuz security.

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Trump’s unexpected strikes on Iran’s nuclear sites unleash global concerns over oil prices and Strait of Hormuz security.


President Trump’s surprise strikes on Iran’s nuclear sites are sending shockwaves across the globe, with leaders weighing the fallout.

From rising oil prices to fears Iran could shut the Strait of Hormuz, the world is bracing for what comes next.

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#Trump #Iran #NuclearStrike #MiddleEastCrisis #OilPrices #StraitOfHormuz #Geopolitics #USForeignPolicy

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Treasurer Jim Chalmers blasts red tape in push for productivity boost

Treasurer Jim Chalmers urges reduction of excessive regulations hindering housing reform and clean energy, calling for a productivity revival in Australia.

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Treasurer Jim Chalmers urges reduction of excessive regulations hindering housing reform and clean energy, calling for a productivity revival in Australia.


Treasurer Jim Chalmers says it’s time to stop progressive red tape from strangling good ideas like housing reform and clean energy.

He’s demanding regulators cut back on excessive rules slowing growth and innovation across the economy. Chalmers is calling it a “wake-up call” for the left — and launching a major push to revive Australia’s productivity from the supply side.

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#JimChalmers #RedTape #AustralianPolitics #CleanEnergy #HousingCrisis #EconomicGrowth #Productivity #RegulationReform

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Iran responds as oil shock looms for West

U.S. airstrikes on Iran escalate tensions in the Middle East, prompting fears of disruptions in global oil markets as diplomacy efforts continue.

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U.S. airstrikes on Iran escalate tensions in the Middle East, prompting fears of disruptions in global oil markets as diplomacy efforts continue.


The world is reacting to fresh U.S. airstrikes on Iran’s nuclear facilities, as tensions escalate across the Middle East. With fears Iran could block the Strait of Hormuz — a vital oil shipping route — global markets brace for major disruption.

Vice President JD Vance says Iran’s uranium remains untouched, as Washington calls for renewed diplomacy. Meanwhile, Israel claims progress in countering Iran’s missile and nuclear programs, as Tel Aviv shows public support for U.S. action.

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#Iran #USStrikes #MiddleEastCrisis #StraitOfHormuz #OilPrices #Trump #Israel #TickerNews

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