U.S. Jobs Growth Slows, Rocking Markets, Fueling Bets on Big Rate Cut
Podcast: WSJ What’s NewsPublished On: Fri Aug 02 2024
Description: P.M. Edition for Aug. 2. The U.S. is still adding jobs, but no longer at a red-hot pace. That sent markets into a tailspin, and economics reporter Justin Lahart says an interest rate cut in September now looks all but guaranteed in order to steer clear of recession. And WSJ reporter Collin Eaton tells us why Chevron plans to move its global headquarters from Texas to California. Plus, freed Journal reporter Evan Gershkovich speaks to the plight of political prisoners still detained in Russia. Pierre Bienaimé hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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