Today's Scoop:

 🚀 ONLY 14 DAYS LEFT to invest in Share Scoops! Learn more

Hey friends, hope you had a great weekend. Did you see our new Weekly Scoop? We're making it a series by popular request, and even more is going in the app. Make sure to leave a feedback rating or comment. 

Here's what you need to know today...

1. Unemployment fell last month.

2. Wages aren't keeping up with inflation.

3. Consumers are worried about inflation picking back up.

S&P 500: 4,109.111Mo: +7% | 1Yr: -7% | 5Yr: +55%

The market didn't move much today without a significant news event. Investors are really waiting for the March inflation report on Wednesday.

The March jobs report on Friday showed that hiring is still healthy. Employers added another 236,000 workers last month, pointing to more resilience in the economy. The leisure and hospitality sector hired the most workers, while the retail industry cut staff.

Wages aren't keeping up with inflation. Average hourly earnings rose by 0.3% for the month, now up 4.2% over the past year. That's the slowest one-year growth since June 2021. Living costs have increased by 6% over the past twelve months through February. We'll get the official inflation numbers for March on Wednesday.

Consumers worry about inflation picking up again this year but eventually going away. The New York Federal Reserve's consumer survey highlighted a jump in one-year inflation expectations but a decline in five-year expectations. Inflation expectations are important because they can influence behavior that becomes self-fulfilling.

Click to dig in & vote your reaction, see how others feel

• Exxon Mobil's looking to expand with a big buyout

• Walmart's making big shifts to automation

• Toyota's shifting faster to EV's to reach carbon neutral [🤓]

• TSMC suffers from a steep tech dropoff

• McDonald's cuts staff and offices

(These links only work for 24 hours while the story is live)

Carbon Neutral

More companies are setting net-zero emissions and carbon-neutral targets to reduce their impact on climate change and minimize the volume of harmful greenhouse gases emitted into the atmosphere from their operations, supply chain, and products. While the terms are often colloquially interchangeable, they have slightly different meanings.

Carbon neutral means the company removes as much carbon dioxide from the atmosphere as it emits yearly. Net-zero takes it a step further, broadening from just carbon to all greenhouse gases like methane or sulfur dioxide and restricting the use of carbon offsets. This means net-zero companies must reduce their emissions, not just counteract them by purchasing financial instruments that direct money to carbon-negative projects like tree planting.