U.S. job openings unexpectedly increase in December

Chuck Zodda and Brendan Hayes dive into the JOLTS report. U.S. job openings unexpectedly rose in December, showing demand for labor remains strong despite higher interest rates and mounting fears of a recession, potentially keeping the Federal Reserve on its policy tightening path. Ahead of Jerome Powell's speech, Chuck believes the Fed should raise rates 50bps. Todd Lutsky drops by to answer the question of what a life estate actually is.