Aug 7, 2020

The recovery continues, but we’re losing some momentum

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There were 1.8 million jobs added last month, 200,000 more than economists expected. The numbers aren't quite as positive if you dig deeper. Plus, the Trump administration acts — on Chinese companies and Canadian aluminum.

Segments From this episode

It's always good when we have more job growth than expected, but the recent numbers reflect a timing issue

A lot of schools went back early, which means a lot of teachers went back to work. But those are gains we won't see later in the year. Christopher Low, chief economist at FHN Financial, has more.

Trump officials plan to delist Chinese companies that don't meet audit standards

Regulators want access to financial audits of Chinese companies listed on U.S. stock exchanges.
The Trump administration is recommending a plan that Chinese companies with shares traded on U.S. stock exchanges must submit to audits or else give up their listings. Pictured: The New York Stock Exchange.
Spencer Platt/Getty Images

With executive orders, White House takes aim at two social media giants

These orders mean that in 45 days, transactions with WeChat or TikTok from American persons or companies would be banned.
Pictured: The social media application logo, TikTok is displayed on the screen of an iPhone on an American flag background.
Olivier Douliery/AFP via Getty Images

Trump brings back tariff on Canadian aluminum, one month after USMCA takes effect

Aug 7, 2020
The president says Canada is flooding the U.S. with imported aluminum and undercutting American companies.
President Donald Trump speaks to workers at a Whirlpool manufacturing facility on Aug. 6, 2020 in Clyde, Ohio.
Scott Olson/Getty Images

Music from the episode

Once in a Lifetime The Hit Crew

The team

Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Candace Manriquez Wrenn Producer/Editor
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Rose Conlon Producer
Erika Soderstrom Producer/Director

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