Cramer sees jobs data as a win for Fed’s Powell over Trump — plus, possible stocks to trim

1. The S & P 500 was on track for another record-high close in Thursday’s shortened trading session. The government’s June jobs report was strong, with better-than-expected nonfarm payroll growth and a lower-than-expected unemployment rate. Jim Cramer said that Federal Reserve Chairman Jerome Powell’s wait-and-see approach to interest rates was proven correct again. Even if…

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Here’s where the jobs are for June 2025

Legislative Hall, the Delaware State Capitol, in Dover, Delaware Aimintang | Istock | Getty Images State and local government job growth powered the U.S. labor market’s expansion in June. Federal data released Thursday shows government jobs saw the largest month-over-month sector growth at 73,000. That means government jobs accounted for about half of the 147,000…

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Jim Cramer gives his take on Centene’s slide

CNBC’s Jim Cramer offered his take on healthcare company Centene and explained why he thinks the stock plummeted on Wednesday, telling investors to stay away from the sector as a whole. “Given this news from Centene, I think the whole managed care industry is borderline un-investable right now,” he said. “And, unfortunately, things will get…

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