Featured Post from Cedarville University

An Underwhelming October: The Latest Jobs Report

Nov 1, 2024

2 min

October brought disappointing news in the most recent U.S. jobs report.

In the last jobs report before the U.S. presidential election, only 12,000 jobs were added. This is significantly lower than the expected number of 100,000, marking the slowest hiring month in years. This jobs report is reflective of the multiple hurricanes that ravaged the country this month and the ongoing Boeing strike.

Dr. Jared Pincin, economic expert and associate professor at Cedarville University, has provided insight into the current economy of the U.S. and how announcements like this could affect the future.

Here are three key takeaways from Pincin's recent interview:

The October jobs report may have been skewed by the two major hurricanes and the Boeing strike that have hindered Americans from working temporarily. How will the Federal Reserve view this report as they consider future rate cuts?
The stock market can have strong reactions to announcements such as this. What will the market do with these numbers that are unexpected but potentially untrustworthy?
This jobs report is the last key piece of economic data to come out before the presidential election on November 5. Is there any chance that voters change their minds based on this news?

If you are covering the recent jobs report or the U.S. economy and need to know more, let us help with your questions and stories.

Dr. Jared Pincin is an expert on economics and is available to speak to media regarding the job market, inflation, and what this means for families in the United States – simply click on his icon or email mweinstein@cedarville.edu to arrange an interview.

Connect with:

Jared Pincin

Associate Professor of Economics

Dr. Jared Pincin is a nationally respected expert on economic issues facing the United States of America

Economics and EducationEconomicsEconomics and Behaviour

Find Experts

Sep 25, 2026

2 min

Indiana’s Player-Prop Decision Raises Stakes for College Athletics

The rapid expansion of legal sports betting has created a particularly complicated issue for college athletics: wagers based on the performance of individual student-athletes. Indiana became the latest state to confront that issue Thursday when regulators rejected an NCAA request to ban pregame college-player proposition bets. These wagers allow bettors to predict individual outcomes—such as how many points a basketball player will score or how many passing yards a quarterback will record. The NCAA has increasingly targeted these bets, citing concerns about athlete harassment, access to inside information and the potential manipulation of individual performances. Indiana regulators ultimately chose to preserve the state’s current rules, which permit certain pregame college-player props while prohibiting them once a game is underway. Sports-betting operators maintain that legal sportsbooks can monitor unusual betting patterns and alert regulators to suspicious activity, an oversight mechanism that does not exist in illegal or offshore markets. The NCAA takes a different view, arguing that attaching money directly to an individual college athlete’s statistics creates risks that are difficult to eliminate through monitoring alone. Several states have already restricted or prohibited these wagers, leaving the country with an increasingly uneven regulatory landscape. Indiana’s decision puts a larger question about the future of legalized sports betting into focus. College athletes now compete in an environment where thousands of people may have money riding on their individual performance, even when the athletes themselves receive none of the wager. Are existing safeguards enough to protect athletes and the integrity of competition? Should college sports be treated differently from professional leagues when regulators decide what people can bet on? And if states adopt different answers, how effective can any single state’s restrictions ultimately be?

Sep 28, 2026

1 min

Congress Buys Time: Shutdown Fight Pushed to December

When will Congress stop kicking the budget proverbial can down the road with a continuing resolution and begin addressing the issue of leading with a balanced budget? Having a balanced budget, and spending within our means should be expected of our legislators--but for decades, this has not been the case. Lawmakers from both political parties are guitly of not addressing the issue that has created several 11th-hour deals regarding the budget. While this strategy helps keep some legislators in power, it's providing no benefit to the American people. Congress has now opted to not work on this issue until December--if it even does it then. However, the deadline buys our political leaders time to get past the midterm elections, campaign for each other, and hope the American public doesn't notice. And, in doing so, we'll experience another government shutdown in December.

Sep 18, 2026

2 min

From the Pump to the Bond Market: Why Rising Oil Prices Matter for Borrowing Costs

From the Pump to the Bond Market: Why Rising Oil Prices Matter for Borrowing Costs Rising oil prices are often felt first at the gas pump, but their effects can quickly extend to the broader economy. As higher costs for gasoline, diesel and jet fuel work their way through transportation, manufacturing and food production, investors are increasingly concerned that inflation could remain elevated longer than expected. That concern is helping push Treasury yields higher. When investors expect inflation to erode the future value of fixed-income returns, they typically demand higher yields on government bonds. The result can be a ripple effect across the economy: mortgage rates, auto loans, credit-card rates and business borrowing costs may all remain high or move higher. This is an important second stage of the oil-price story. The first concern is the direct impact on consumers and businesses as energy costs rise. The next concern is whether those higher costs become embedded in the economy, causing inflation expectations to increase and making it more difficult for the Federal Reserve to ease interest rates. For policymakers, the dilemma is clear. Raising or maintaining higher interest rates can help slow inflation, but it also makes borrowing more expensive for families, businesses and the federal government. If high energy prices persist, the Federal Reserve may face added pressure to prioritize inflation control even as consumers and employers feel the effects of tighter financial conditions. The issue is also global. Oil markets respond quickly to geopolitical instability and supply disruptions, while Treasury yields influence borrowing and investment decisions far beyond the United States. Together, high energy prices and rising yields can become a powerful test of economic resilience—affecting household budgets today and financial decisions for months to come.