Economic Worries, Latest from Beirut, 9/11 Plea Deal Revoked

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🗓️ 3 August 2024

⏱️ 18 minutes

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Summary

A weaker-than-expected jobs report sent stocks tumbling and stoked fears the Federal Reserve is working too slowly to adequately support the economy. The U.S. is sending warships to the Mideast as Israel targets militant leaders in the region. Defense Secretary Lloyd Austin has revoked the Pentagon's plea deal with 9/11 defendants.

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Transcript

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0:00.0	Stocks are down, unemployment is up.
0:05.0	He is the head of the Federal Reserve certain he's steering the economy in the right direction.
0:10.0	Certainty is not a word that we have in our business.
0:13.0	Well, okay then, I'm Scott Simon.
0:15.0	I'm Aye Sharasco, and this is up first from NPR News.
0:19.0	The economy had been headed for a soft landing from the shock and many aftershocks of the pandemic.
0:28.0	We'll go behind the numbers.
0:30.0	A blast in Tehran kills a Hamas leader and protests in Beirut, the President and Vice President The
0:34.1	Blasting Tehran kills a Hamas leader and protests in Beirut, the president and vice president on the
0:35.5	phone to Israel's prime minister, have all the ladies from the Middle East.
0:39.3	And a plea agreement with 9-11 defendants is now off the table. Why the defense... The
0:45.0	clear agreement with 9-11 defendants is now off the table,
0:44.0	why the defense secretary says no deal.
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1:31.0	On the web at the Schmidt.org.
1:34.0	Christian nationalists want to turn America into a
1:37.8	theocracy, a government under biblical rule.
	...

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