Brian Chunk News Today

>> that does it for us on this friday morning, ana cabrera picks up the coverage right now. ♪♪ happy friday. so glad you are with us. its 10:00 eastern. im ana cabrera reporting from new york, and it may be friday, but theres still a lot of news this morning, including big economic shifts. we just got the april jobs report, and instead of the decline economists expected, unemployment numbers ticked down. the unemployment rate is 3.4%. jobs were added, many more than expected. tha...

Environment, compared to the fear and dread and loathing of 2008 and 2009. there isnt much of that out there. its a high class problem, but then again, the fed has taken rates up a whole five points since march of 2022, and that is whiplashing. that is a tremendous rate of change and a lot of banks got caught behind the ball in this case, and youre seeing people having to fess up. that by itself is creating some sort of parallel tightening to what the fed is doing. is the fed going to consider t...