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Sudden surge of multimillionaires sees all cash buyers flood superrich California city

NY Post
4 days 1 hour ago
Recent data showed that 30% of home sales across the San Francisco Bay Area between April and June were purchased entirely with cash.
Nina Joudeh

‘Knots Landing’ icon Donna Mills, 85, divulges the ‘wildest request’ she’s received on OnlyFans

NY Post
4 days 1 hour ago
Despite the oddity of the request, the soap star revealed that she will fulfill it.
mliss1578

‘Knots Landing’ icon Donna Mills, 85, divulges the ‘wildest request’ she’s received on OnlyFans

NY Post
4 days 1 hour ago
Despite the oddity of the request, the soap star revealed that she will fulfill it.
Jolie Zenna

Dazzling $15.65M home inside NYC’s storied Flatiron Building finds its first-ever owner

NY Post
4 days 1 hour ago
A 18th-floor aerie in the Flatiron Building, one of the city's most iconic landmarks now undergoing a condo conversion, has found a buyer.
Jennifer Gould

Orioles announcer Ben McDonald reveals wild shampoo take in stunning broadcast moment

NY Post
4 days 1 hour ago
It’s one thing to not use shampoo every day. It’s another thing to never use it.
Spencer Brod

Dad poses as 11-year-old daughter on TikTok and lures her alleged rapist to home to shoot him

NY Post
4 days 1 hour ago
When police arrived on the scene, they found the alleged rapist sitting in a chair with two gunshot wounds.
Patrick Reilly

‘60 Minutes’ chief Nick Bilton urges staff to stop making leaks — in memo that got leaked: report

NY Post
4 days 1 hour ago
Also this week, incoming CBS News correspondent Sir Trevor Phillips warned that CBS News boss Bari Weiss might "crash and burn."
Taylor Herzlich

Tour de France hit with bra controversy — with teams calling for rider inspections

NY Post
4 days 1 hour ago
Cycling's newest performance enhancer isn't in a syringe — but in a sports bra.
Erich Richter

Beachgoers flee as violent winds rip through Brazil

NY Post
4 days 1 hour ago
Beachgoers at Rio de Janeiro’s Praia Vermelha Beach were forced to flee when powerful winds swept through the area on July 29, sending umbrellas and chairs flying. Video showed crowds scrambling for safety as gusts reached up to 62 mph across southeast Brazil. The severe winds caused widespread damage and were linked to at least...
New York Post Video

Firebug with alarming history arrested over devastating wildfire that’s leveled entire towns in WA

NY Post
4 days 1 hour ago
The Spokane County Sheriff's Office said the alleged arsonist was charged and being held on $1 million bond.
Zain Khan

Heartbreaking photos show murdered In-N-Out worker beaming before Idaho mass shooting

NY Post
4 days 1 hour ago
“Ashley was a beloved daughter, sister, auntie and best friend to everyone she met. She has left a lasting impression on so many souls!” the page read.
Paige Kahn, Georgia Worrell

Luka Doncic’s nasty split with ex-fiancée takes surprising turn

NY Post
4 days 1 hour ago
Luka Doncic's surprising split from his former fiancée has taken yet another stunning turn.
Edward Lewis

Many predict Tony Romo’s NFL broadcasting demise — as CBS has potential out with morals clause

NY Post
4 days 1 hour ago
Tony Romo may be on thin ice at CBS. 
Spencer Brod

Pakistan teams search on foot for remains of climbers killed in avalanche as weather grounds helicopters

NY Post
4 days 1 hour ago
Teams in Pakistan searched on foot for the remains of 10 climbers killed in an avalanche on the world’s 12th-highest mountain as poor weather kept helicopters out of the air Tuesday, authorities said.
Associated Press

Bradley Cooper and Gigi Hadid’s matching wedding rings are ‘a declaration of love’

NY Post
4 days 2 hours ago
Page Six Style can exclusively confirm that the couple's new rings are Boucheron wedding bands.
mliss1578

Bradley Cooper and Gigi Hadid’s matching wedding rings are ‘a declaration of love’

NY Post
4 days 2 hours ago
Page Six Style can exclusively confirm that the couple's new rings are Boucheron wedding bands.
Avery Matera, Elana Fishman

NYC art gallery sues landlord for $1M and lease termination — for banning indoor cigar smoking

NY Post
4 days 2 hours ago
FineArt Fund, operating as Gallery 484, claims Lieberman Holdings knew and accepted its business model — which included a "cigar-related guest experience."
Lauren Elkies Schram

Meghan Markle’s chic linen top is under $200, and somehow still in stock

NY Post
4 days 2 hours ago
We couldn't help but notice the celeb-adored brand she wore on her As Ever label's Instagram this week.
mliss1578

Meghan Markle’s chic linen top is under $200, and somehow still in stock

NY Post
4 days 2 hours ago
We couldn't help but notice the celeb-adored brand she wore on her As Ever label's Instagram this week.
Erica Radol

Undrain The Swamp: JOLTS Miss Despite Shocking Surge In Government Job Openings To Biden Admin Levels

Zero Rss
4 days 2 hours ago
Undrain The Swamp: JOLTS Miss Despite Shocking Surge In Government Job Openings To Biden Admin Levels

After five straight months of JOLTS beats, including two blowout prints for April and May and zero misses since 2025...

... it was inevitable that the BLS would eventually pot out a disappointment, if only to preserve the myth of "accurate data." 

That's what happened today when in the latest JOLTS report, the US dept of labor reported that in June the US had 7.359 million job openings, down 178K from the (downward revised) May total of 7.537 million, and below the median estimate of 7.454 million.

Where did the openings come from? According to the BLS the number of job openings increased in transportation, warehousing, and utilities (+97,000) and in federal government. Job openings decreased in wholesale trade (-74,000), nondurable goods manufacturing (-55,000), and mining and logging (-9,000). 

Of note, Federal government soared by 39K from 100K to 139K, the highest print not only of 2026 but the highest print going back all the way to October 2024 (i.e., when Biden was still president). 

The June drop in job openings was juxtaposed with an overall drop in June employment, which meant that after 9 months of labor surplus which ended in March, we now have a third consecutive month of more job openings than unemployed workers, and in June the surplus was 265K, the biggest surplus since the 566K in Jan 2025, and a concerning development for the broader labor market which according to most other measures continues to fire on all cylinders.

The latest JOLTS report also means that after falling back to 0.9x in March, in April the ratio of job openings rose over 1.0x and was the highest since January 2025.

While the job openings number was weaker than expected for the first time this year, in June we saw continued strength in both hires and quits, In June the number of Quits - or the "take his job and shove it" indicator - rose by almost 100K to 5.252MM from 5.348MM indicating a modest rise in confidence that better jobs await elsewhere, at the same time hires also rose by about 80K, from 3.153MM to 3.232MM, and followed a 110K increase in May.

It goes without saying that job openings sliding while hires are jumping, and more people are voluntarily leaving their jobs, while payrolls are growing (as we will find out on Friday), leads one to scratch their head just what is going on here, besides data massaging of course.

In any case, since this hires number feeds directly into the payrolls calculations (after netting out separations) this explains why the May payrolls report jumped by 57K, even as the JOLTS implied number was far weaker than that. 

Overall, this was a weak mixed JOLTS report, with weakness in openings offset by strength in hires and quits, but most notably, the surge in government job openings as Trump appears to backtrack on even more of his promises, and shows that after some significant strength in the early part of of 2026, US labor market is now hitting an air pocket and this could translate into a notable miss in this Friday jobs report. Then again, it is common knowledge that JOLTS lags the payrolls report by a month, which is why it gives us little insight into what Friday's jobs report will be, although if the hires less separations dataset is any indication, it suggests that the July print will come well below expectations. 

Tyler Durden Tue, 08/04/2026 - 11:45
Tyler Durden

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