Payroll processor ADP CEO says hiring data indicate the jobs market has begun to 'stabilize'
Positive developments in the labor market could be evidence that the U.S. has is seeing a turning point in the jobs market, Automatic Data Processing CEO Carlos Rodriguez told CNBC's Jim Cramer Wednesday. "I think what might be happening is [investors] may be already anticipating the worst may have been behind us" in slowing the spread of coronavirus, Rodriguez said in a "Mad Money" interview. About 4 million people sought jobless benefits in the Labor Department's most recent report, which was down from higher rates in prior weeks. Rodriguez, who runs the largest payroll processor in America, said he saw positive signs in the hiring front that could indicate that the jobs market has made it through the most painful part of the downturn. "The [stock] market has a way of sensing these things, but I think you know that better than I do," Rodriguez told Cramer.cnbc.com
New study aims to find out if marijuana can help treat autism symptoms
That drug, a treatment for two rare types of epilepsy, inspired researchers to consider what other conditions cannabis might help. Hollander believes the cannabis extract holds hope for treating autism symptoms based on the success it's had reducing seizure activity. "There's some abnormal electrical activity even though they don't have seizures, for example," Hollander told Gupta. With 30 years of experience in autism spectrum disorder research, Hollander also believes autism and epilepsy could have similar underlying causes. Carlos said he wanted to join the study to better understand his own autism and help others struggling with it.