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Bloomberg

Strong U.S. Jobs Report Lowers Recession Risks Despite Wage Growth Lagging Inflation

Gene Sperling, President of Sperling Economic Strategies and former director of the National Economic Council, discussed the recent U.S. jobs report, highlighting that the headline numbers were stronger than expected and suggest a low likelihood of recession despite ongoing geopolitical and economic challenges. He noted that while job creation appears broad-based, some gains such as the 70,000 hospitality jobs may be influenced by seasonal factors like World Cup-related hiring. He speaks with Romaine Bostick and Katie Greifeld on "The Close."

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Bloomberg

DocuSign Shares Drop After Full-Year Guidance Disappoints Investors

DocuSign's shares declined amid a broadly negative market day following the company's full-year guidance, which failed to excite investors. Allan Thygesen, CEO of DocuSign, discussed the company's AI-powered intelligent agreement management platform, highlighting strong adoption with 40,000 customers currently live on the platform. He speaks with Romaine Bostick and Katie Greifeld on "The Close."

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