Weak Jobs Report Fuels Rate Hike Skeptics | Bloomberg Businessweek Daily 8/7/2026
A weaker-than-expected jobs report has stock rebounding on speculation the Fed may not have to hike rates soon. Bloomberg's Mike McKee and Deutsche Bank Chief
A weaker-than-expected jobs report has stock rebounding on speculation the Fed may not have to hike rates soon. Bloomberg's Mike McKee and Deutsche Bank Chief US Economist Matthew Luzzetti break down Friday's jobs numbers, including how an aging population are reshaping the economy.
Plus, Indeed Hiring Lab Director of Economic Research Laura Ullrich talks about the impact to jobs in the education sector and what she's seeing as the fasted growing jobs in the US. Finally, 'Business of Sports' Podcast Co-host Randall Williams talks streaming costs for sports fans and the ongoing FIFA revolt.
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