The April jobs report surprised to the upside, but economists expect the upcoming CPI release to be dreary as the conflict in Iran pushes prices higher. The episode also examines how adult education programs promise better wages, why retail investors are piling into semiconductor stocks, and how climate change is reducing the nutritional value of food.
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Highlights
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Strong jobs, but inflation worries cloud the outlook
April’s employment numbers beat expectations, yet the Federal Reserve’s other mandate—stable prices—is threatened by the war in Iran, setting up a gloomy CPI report.