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The recovery continues, but we’re losing some momentum
Aug 7, 2020

The recovery continues, but we’re losing some momentum

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A "now hiring" sign at a store in Arlington, Virginia. Olivier Douliery/AFP via Getty Images
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.

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

by Sabri Ben-Achour , Jennifer Pak and Alex Schroeder
Aug 7, 2020
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
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With executive orders, White House takes aim at two social media giants

by Sabri Ben-Achour , Scott Tong and Alex Schroeder
Aug 7, 2020
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
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Trump brings back tariff on Canadian aluminum, one month after USMCA takes effect

by Nova Safo
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
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Music from the episode

Once in a Lifetime The Hit Crew

The team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director

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