Bloomberg Money Minute: US Payroll Revisions, Microsoft AI Deal, New Girl Scout Cookie

US Payroll Revisions

• 📉 The Bureau of Labor Statistics has released a preliminary revision indicating that US payroll additions will likely be revised sharply lower by over 900,000 jobs for the 12 months through March.
• ⚠️ This equates to nearly 76,000 fewer jobs added each month, signaling a significantly slowing labor market.
• 📊 This data may increase pressure on the Federal Reserve to lower interest rates at its upcoming meeting.

Microsoft and AI Data Centers

• ⚡ Microsoft has agreed to pay $20 billion over the next five years to draw power from its data center in southern New Jersey.
• 💡 This deal is related to Microsoft's investment in AI-centric cloud computing platforms.

New Girl Scout Cookie

• 🍪 The Girl Scouts have unveiled a new cookie for next year called "Exploremores."
• 🍫 This new cookie will feature a combination of chocolate, marshmallow, and toasted almond cream.