There was a big revision to the jobs data for most of 2023 and early 2024. The Bureau of Labor Statistics found there were 818,000 fewer jobs than initially reported for the year ending March 2024. It’s raising more questions about how much the Federal Reserve will cut rates at its September meeting. One of the things that has been powering the economy is the consumer. Both Target and TJX companies are jumping after they posted better-than-expected quarterly results, but Macy’s shares are tumbling after reporting same-store fell more than Wall Street was expecting. Other trending tickers on Yahoo Finance include BigBear.ai Holdings, JD.com, and Walmart.

Key guests include:
3:05 p.m. ET - Brett Ryan, Deutsche Bank Securities Senior U.S. Economist
3:20 p.m. ET - Jerry Storch, Storch Advisors CEO and Former Toys R Us CEO; Former Hudson's Bay CEO
3:35 p.m. ET - Matt Higgins, RSE Ventures CEO and Co-Founder
4:05 p.m. ET - Lori Heinel, State Street Global Advisors Global CIO
4:45 p.m. ET - Scott Barbour, Advanced Drainage Systems CEO