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IDB president says El Salvador to receive $1.3 billion in 2026

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IDB president says El Salvador to receive $1.3 billion in 2026
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Main Street economy catches fire with January jobs report as expert credits Trump’s tax certainty

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Main Street economy catches fire with January jobs report as expert credits Trump's tax certainty

Washington skeptics were quieted Wednesday morning as the January jobs report beat expectations, revealing a resilient American workforce that added 130,000 jobs to start the year.

While experts predicted a winter chill for hiring, the 4.3% unemployment rate tells a different story — one of a Main Street economy — showing renewed strength. According to Patrice Onwuka of the Independent Women’s Center for Economic Opportunity, this isn’t just a lucky break; it’s the direct result of “one big, beautiful bill” giving businesses the tax certainty they need to build, hire and grow.

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“Today’s January jobs report is strong and, importantly, beat expectations. This should inspire more hope for unemployed workers, but also boost confidence in the economy among Americans broadly,” Onwuka told Fox News Digital.

“Workers are being drawn back into the labor force because they believe they can find work,” she added. “Also, the tax cuts will boost employment. As workers also realize just how much the Working Families Tax Cuts… rewards hard work through no taxes on tips and no taxes on overtime, it may draw people back into the labor force or encourage those already working to stack up earnings by increasing their hours and effort.”

BESSENT SAYS TRUMP TAX CUTS COULD MEAN ‘SUBSTANTIAL REFUNDS’ FOR WORKING AMERICANS IN 2026

The Labor Department on Wednesday reported that employers added 130,000 jobs in January. That figure was above the expectations of economists polled by LSEG, who estimated the economy would add 70,000 jobs.

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People line up for job fair

People line up as they wait for the Mega JobNewsUSA South Florida Job Fair to open at the Amerant Bank Arena on April 30, 2025. (Getty Images)

The unemployment rate was 4.3%, slightly lower than economists’ expectations of 4.4%.

“Employment is a lagging indicator, not a leading one,” Onwuka noted. “With the economy accelerating from just under 4% in Q2 to 4.4% in Q3, we are starting to see that growth show up in hiring. The Dow hitting new highs is great for those invested in the stock market, but job creation gets people on Main Street back to work.”

“Importantly, these are not public sector — government jobs — that are supported by our tax dollars, but the fruit of businesses confident about demand, sales, reduced cuts from deregulation and greater tax certainty, thanks to the Working Families Tax Cuts — i.e., One Big Beautiful Bill — that they are able to start hiring,” she said. “Look for more of this in 2026 as this federal pro-growth economic agenda works.”

While the headline showed 130,000 jobs added, those gains were concentrated almost entirely in healthcare and construction. Meanwhile, retail trade lost 25,000 jobs and financial activities lost 7,000. Economists often consider these traditional “office and shop” jobs that provide steady, climate-controlled, middle-class employment.

“Retail job losses are not surprising as retailers shed temporary, holiday season jobs that surged to accommodate the biggest holiday shopping season in history. Financial services experienced big job losses in 2025 due to high interest rates and AI replacing work. Americans should not be fearful of these narrow pockets of losses but see the growing opportunities in many industries that deliver middle-class and high-paying jobs in healthcare and personal services,” Onwuka explained.

“These are exciting careers for women which often provide a level of flexibility that traditional 9-to-5 jobs do not offer and the fulfillment. As baby boomers retire and live longer, demand for employment and supporting businesses in these sectors will only grow,” she continued.

Other notable strengths in the first jobs report of the new year include declines in the number of people working part-time jobs because they couldn’t find full-time work and the number of those unemployed for more than six months. Labor force participation rose overall for U.S. men and women.

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“It takes time for hiring to rebound, but trends are moving in the right direction, and it may take some patience for unemployed individuals — or those looking to leave their jobs — to land their next job,” the economist advised.

“Pivoting may be appropriate for those who can’t wait. Perhaps it’s time to consider self-employment, freelance work or adding extra work,” Onwuka encouraged. “The growth of multiple jobholders is a sign that people are looking for extra income and turning to side jobs and side hustles… Increasingly, independent contract work for seasoned professionals and gig workers is the way Americans cobble together financial security. That should be respected and protected.”

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FOX Business’ Eric Revell contributed to this report.

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Politics And The Markets 02/12/26

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This is the forum for daily political discussion on Seeking Alpha. A new version is published every market day.

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The comments below are not regulated with the same rigor as the rest of the site, and this is an ‘enter at your own risk’ area as discussion can get very heated. If you can’t stand the heat… you know what they say…

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Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Bangladesh votes in landmark election after Gen Z uprising

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Bangladesh votes in landmark election after Gen Z uprising


Bangladesh votes in landmark election after Gen Z uprising

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Dow Jones And U.S. Index Outlook: Hawkish NFP Sends Stocks Lower

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Dow Jones And U.S. Index Outlook: Hawkish NFP Sends Stocks Lower

Dow Jones And U.S. Index Outlook: Hawkish NFP Sends Stocks Lower

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Albert Jacob to monitor City of Nedlands

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Albert Jacob to monitor City of Nedlands

Former City of Joondalup mayor Albert Jacob will oversee the City of Nedlands, the second time the Local Government Inspector appointed a monitor this year.

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Dollar Weakens Amid Rising Expectations of Monetary Easing

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Stocks Little Changed After Fed Decision

The dollar weakens as soft U.S. retail data fuels expectations for interest rate cuts by the Fed.

While a second consecutive hold in March remains the highest probability, odds of a cut in March rise to 20% from 17% yesterday on the CME FedWatch. December retail sales were flat, undershooting forecast of a 0.4% increase.

Treasury yields fall, adding downward pressure on the currency. The WSJ Dollar Index falls 0.2%, as the greenback weakens 1% against the yen. The dollar is flat versus the euro and the Swiss franc.

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Orora Limited 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:ORRYY) 2026-02-11

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Mosseri compares Instagram use to Netflix binging during court testimony: report

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Mosseri compares Instagram use to Netflix binging during court testimony: report

Instagram chief Adam Mosseri on Wednesday pushed back on claims the platform is dangerously addictive, reportedly telling jurors in a high-profile Los Angeles trial that using the app is more comparable to binge-watching Netflix than suffering from clinical addiction.

Mosseri, who has led Instagram since 2018, drew a distinction between clinical addiction and what he described as “problematic use,” the New York Post reported.

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“I think it’s important to differentiate between clinical addiction and problematic use,” Mosseri said. “I’m sure I said that I’ve been addicted to a Netflix show when I binged it really late one night, but I don’t think it’s the same thing as clinical addiction.”

Mosseri testified as part of a lawsuit brought by a California woman who said she began using Instagram at age 9 and later struggled with depression and body dysmorphia. 

STANFORD PSYCHIATRIST TESTIFIES IN CALIFORNIA TRIAL THAT SOCIAL MEDIA PLATFORMS ARE DESIGNED TO BE ADDICTIVE

Instagram CEO Adam Mosseri leaves court

Instagram CEO Adam Mosseri reportedly compared platform use to binge-watching Netflix in court. (Apu Gomes/AFP via Getty Images / Getty Images)

She is suing Meta and Google’s YouTube, alleging the companies knowingly hooked young users despite being aware of potential mental health risks, Reuters reported.

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Meta CEO Mark Zuckerberg is expected to take the stand in the coming weeks.

The case is widely viewed as a test of federal legal protections that shield social media companies from liability over user-generated content. The outcome could influence hundreds of similar lawsuits across the country, according to Reuters.

Mosseri was also grilled about Instagram’s beauty filters and whether they promote unrealistic appearance standards, the New York Post reported.

MARK ZUCKERBERG BECOMES LATEST CALIFORNIA BILLIONAIRE TO RELOCATE TO FLORIDA AMID TAX CONCERNS

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Adam Mosseri, the head of Instagram, testifies in court

“I’m sure I said that I’ve been addicted to a Netflix show when I binged it really late one night,” Mosseri said, “but I don’t think it’s the same thing as clinical addiction.” (Mona Edwards/Reuters / Reuters)

“There’s always a trade-off between safety and speech,” Mosseri said. “We’re trying to be as safe as possible and censor as little as possible.”

Emails from 2019 presented in court show debate over whether to lift a ban on filters that mimic plastic surgery. Instagram’s policy, communications and well-being teams supported keeping the ban in place, Reuters reported.

Mosseri and Zuckerberg supported restoring the filters but removing them from recommendations, an option described internally as posing a “notable well-being risk” while limiting the impact on growth, according to Reuters.

META RESEARCHER WARNED OF 500K CHILD EXPLOITATION CASES DAILY ON FACEBOOK AND INSTAGRAM PLATFORMS

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Meta apps including Instagram, WhatsApp and Facebook

The case is widely viewed as a test of protections shielding social media companies from user-generated content-related lawsuits. (Jens Büttner/picture alliance via Getty Images / Getty Images)

“I was trying to balance all the different considerations,” Mosseri said.

Meta has said the central question in the case is whether Instagram was a substantial factor in the plaintiff’s mental health struggles.

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“The evidence will show she faced many significant, difficult challenges well before she ever used social media,” a Meta spokesperson said Tuesday.

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Meta did not immediately respond to FOX Business’ request for comment.

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Bain Capital Specialty Finance Stock: Remains A Sleeper Within The BDC Sector (NYSE:BCSF)

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Bain Capital Specialty Finance Stock: Remains A Sleeper Within The BDC Sector (NYSE:BCSF)

This article was written by

Financial analyst by day and a seasoned investor by passion, I’ve been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, and Closed End Funds can be a highly efficient way to boost your investment income while still capturing a total return that follows traditional index funds. I created a hybrid system between growth and income and manage to still capture a total return that is on par with the S&P.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Russia moves to block WhatsApp in messaging app crackdown

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Russia moves to block WhatsApp in messaging app crackdown

WhatsApp says the move aims to push its 90 million users in Russia to a “state-owned surveillance app”.

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