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Happy Friday! Who else wants to have a Honey Deuce with Jessie Pegula?
In today's issue: • Weak August jobs report • White House calls for interest rate cut • Republicans grow weary of RFK Jr. • Trump’s ‘Department of War’ announcement • NYT reports on 2019 North Korea mission
Gulp...:
The U.S. economy added just 22,000 jobs in August, well below economists’ expectations. The unemployment rate also rose from 4.2 percent to 4.3 percent. This is a clear sign that the economy has lost steam during the first spring and summer of President Trump’s second term.
For context: Economists had expected a job gain of roughly 75,000, similar to July.
🚨 Plus, the economy lost jobs for the first time since the COVID-19 pandemi