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March 7, 2025 49 mins
Three stories reporting the U.S. Labor Department report on applications for initial jobless claims, Kevin sorts through the biased reporting. Challenger, Gray & Christmas issued their report on job cuts, Kevin has the details and offers his insights. Apple announces a $500 billion investment in the U.S. GSA to turn off EV chargers at Federal buildings. Tesla announces recalls, Kevn has the details. Kevin offers his thoughts on a proposed use of funds generated from red light camera fines in the Philadelphia area. Oil reacts to pressure from tariffs , OPEC+ output increase plans, Trump's announcement that automakers will be exempt from tariff increases and U.S. crude oil inventories rising much more than expected.
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