Category: 4-FrequentNewsStreams

In our news wrap Saturday, Israeli forces killed at least 10 people after opening fire near two aid distribution sites in Gaza, Russia claims it captured a village in Ukraine’s Donetsk region, former Colombian President Uribe was sentenced to 12 years of house arrest for witness tampering and bribery, and four astronauts arrived at the International Space Station aboard a SpaceX rocket. PBS News is supported by - https://www.pbs.org/newshour/about/funders

In July, a three-country deal released 238 Venezuelan migrants the Trump administration had rounded up and sent to a notorious mega-prison in El Salvador. Now, some of the freed men are speaking out about the physical and psychological abuse they endured while locked up. Ali Rogin speaks with ProPublica reporter Melissa Sanchez for more. PBS News is supported by - https://www.pbs.org/newshour/about/funders

In our news wrap Friday, Federal Reserve Governor Adriana Kugler resigned early, giving President Trump a position to fill, Epstein accomplice Ghislaine Maxwell has been moved from a federal prison in Florida to one in Texas, Russia launched its deadliest air assault on Kyiv in over a year and El Salvador will lengthen presidential terms to six years and remove term limits. PBS News is supported by - https://www.pbs.org/newshour/about/funders

U.S. Rep. Danny Davis is leaving Congress. Chicago Cubs Hall of Famer Ryne Sandberg dies. Canadian wildfires cause Chicago to once again have the worst air quality in the world. Plus, the Illinois Governor is urged to declare a state of emergency for flooded neighborhoods and much more. Reset goes behind those headlines and more with NBC-5 Chicago reporter Christian Farr, Block Club Chicago reporter Francia Garcia Hernandez and Chicago Sun-Times reporter Mitchell Armentrout. For a full archive of Reset interviews, head over to wbez.org/reset.

The Gaza Humanitarian Foundation, a U.S. and Israeli-backed humanitarian aid initiative, has been delivering aid into Gaza since May. But since then, the U.N. says hundreds of Palestinians have been killed outside of GHF aid sites. Nick Schifrin spoke with former security contractor Anthony Aguilar about what he saw there and why he believes the execution of the GHF mission has failed. PBS News is supported by - https://www.pbs.org/newshour/about/funders

The Bureau of Labor Statistic’s July jobs report came in far below expectations. May and June’s counts were also revised down significantly. What’s a president — one who’s championed contentious economic policies — to do? Fire the BLS chief, apparently. In this episode, what happens if President Donald Trump turns federal data collection into a partisan tool. Plus: Medium-sized companies are hit hardest by tariffs and digital price labels are coming to a grocery store near you.

Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.

Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Following a weaker than expected jobs report today, President Trump said he’ll fire the head of the Bureau of Labor Statistics, claiming the data was rigged. It’s an unprecedented move with potentially enormous consequences for our understanding of the U.S. economy. We’ll explain. And, we’ll get into how Trump’s tariffs are destabilizing economies across globe. Plus, we’ll weigh in on tariff “rebates” and pricier desserts during a round of Half Full/Half Empty!

Here’s everything we talked about today:

• "The full list of Trump’s tariffs – from India to Taiwan" from The Guardian 
• "‘There’s no work now, just debt’: Cambodian garment workers face precarious future as US tariffs loom" from The Guardian 
• "Tariffs Bring Disaster In Lesotho, the Country That Trump Says Nobody’s Heard Of" from The Wall Street Journal 
• "85 percent of parents worry about tariffs affecting back-to-school cost: Survey" from The Hill 
• "Trump fires commissioner of labor statistics after weaker-than-expected jobs figures slam markets" from CNBC
• "Big Downward Jobs Revisions Could Be a Warning Sign for the Economy" The New York Times
• "Private equity tees up to invest in youth sports" from Marketplace
• "NYC’s Luxury Dessert Scene Is Booming and Higher Priced Than Ever" from Eater
• "Subscription-based children's magazines are revitalizing the genre" from Marketplace
• "GOP senators reject Trump’s pitch to use tariff revenue for ‘rebates’" from The Washington Post

We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

On Friday, job growth figures from earlier months were revised sharply downward: May's gain was cut from 125,000 to just 19,000, and June's total from 147,000 to only 14,000. Today, we're told there were 73,000 more jobs in July, but might that number also get revised down? Also on the show: are President Trump's new tariffs legal? Jess Bravin listened as a federal appeals court panel heard the arguments on Thursday, and he joins us to discuss. Plus, Minneapolis bans discrimination based on body size.

The Trump administration set August 1 as the deadline for countries to strike new trade agreements with the U.S. Some met the deadline, and others did not. The administration says it's about trading away some efficiency in commerce for a new trade system that is "fair and balanced." Mentioned less often is the role tariffs play in raising taxes to fund government spending. Plus, what is the difference between fine art and the art market? Art critic Blake Gopnik joins us to discuss the evolving world of art and commerce.

From the BBC World Service: President Trump’s long-delayed tariff deadline has finally passed and for countries without a deal, the import taxes are steep — the highest in almost a century. But some countries, including Thailand, are breathing a sigh of relief that the revised duties aren’t as high as feared. Meanwhile, automakers are already counting the cost of tariffs which were imposed on vehicles and vehicle parts earlier in the process.