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U.S. Shed Jobs in July, Lowering Expectations of a Fed Rate Hike

P.M. Edition for Aug. 7. The U.S. lost 23,000 jobs last month, surprising economists who had expected a gain. WSJ economics reporter Matt Grossman discusses the…

0:00 11:38

Episode Summary

P.M. Edition for Aug. 7. The U.S. lost 23,000 jobs last month, surprising economists who had expected a gain. WSJ economics reporter Matt Grossman discusses the sectors that saw the biggest losses and gains, and what this latest report means for the Fed. Plus, an appeals court rules that construction on President Trump’s planned White…

Published August 7, 2026 · 11:38