Balance of Power 10/04/24

"Balance of Power" focuses on the intersection of politics and global business. On the show today, Jared Bernstein, White House Council of Economic Advisers Chair, discusses the newest jobs report and its impact on the American people. Bloomberg journalists Amara Omeokwe discusses why it's unlikely that the Fed will make another large cut, Iain Marlow weighs in on world politics, and Tyler Kendall discusses data showing that a recent influx in immigration has helped boost the US labor supply. Jennifer Kavanaugh, Defense Priorities Senior Fellow joins Kailey Leinz on "Balance of Power."

Chapters:
00:00:01 - Balance of Power begins
00:01:37 - Council of Economic Advisers Chair on Jobs Report
00:03:00 - Impact of Hurricane Helene on Economy
00:04:34 - Addressing Allegations of Fake Job Report
00:08:03 - Fears of Growing Inflation
00:10:26 - Jobs Report Trims Fed Cut Estimates
00:12:00 - US Dockworkers Suspend Strike
00:13:18 - President Biden on Iran's Oil Fields
00:15:29 - Widening Middle East Conflict and US Leverage
00:19:55 - Impact of Immigration on Jobs Report
00:23:04 - Israel Strikes Hezbollah in Beirut as G-7 Urges Restraint
00:27:10 - US Election Looming Over Middle East Conflict
00:32:39 - Political Panel on Jobs Report
00:35:24 - Political Panel on Potential Harris-led Economy
00:38:19 - Political Panel on Trump Campaign Stop in Butler, PA
00:40:04 - Political Panel on Bruce Springsteen Endorsement of Kamala Harris
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[neilwadden]

When the program is called Balance of Power… we already know it’s an unbalance of power. 😢

[jaym]

Jobs Blow Out? Where do I get an AI Job? Need a 62% raise (like the Longshoremen).