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Trump Media's Accounting Firm Charged With Fraud; Jobs Report Shows Labor Market Cooling Off | Business Matters Full Broadcast (May 3)

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Manage episode 416289300 series 3433590
Content provided by Epoch Media Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Epoch Media Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

An auditing firm that represents hundreds of clients including Trump Media, which owns former President Donald Trump’s “Truth Social” app, reached a $12 million settlement with the SEC to settle charges alleging it failed to comply with accounting oversight standards affecting over 1,500 of its SEC filings.

The U.S. labor market showed further signs of cooling down after the economy added a smaller-than-expected 175,000 new jobs last month, down from 315,000 in March, according to the Bureau of Labor Statistics (BLS). The market had penciled in a reading of 243,000 positions.

Apple shares jumped 7% on Friday as the iPhone maker's record stock buyback plan and promise of sales growth brought back investors who have shunned the stock on concerns over weak demand and increased competition in China.

  continue reading

300 episodes

Artwork
iconShare
 
Manage episode 416289300 series 3433590
Content provided by Epoch Media Group. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Epoch Media Group or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

An auditing firm that represents hundreds of clients including Trump Media, which owns former President Donald Trump’s “Truth Social” app, reached a $12 million settlement with the SEC to settle charges alleging it failed to comply with accounting oversight standards affecting over 1,500 of its SEC filings.

The U.S. labor market showed further signs of cooling down after the economy added a smaller-than-expected 175,000 new jobs last month, down from 315,000 in March, according to the Bureau of Labor Statistics (BLS). The market had penciled in a reading of 243,000 positions.

Apple shares jumped 7% on Friday as the iPhone maker's record stock buyback plan and promise of sales growth brought back investors who have shunned the stock on concerns over weak demand and increased competition in China.

  continue reading

300 episodes

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