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US jobless claims jump & awaiting China’s call on TikTok

Following a steady decline, weekly jobless claims in the US have jumped, dealing a blow to what many had considered a recovering labor market. We analyze the numbers and what impact stimulus could have on the still-ailing economy. Plus, new corruption has been revealed in South America as a US firm pleads guilty in a bribery case involving officials from Brazil, Ecuador, and Venezuela. And the ball is now in China’s court as the world waits to hear its plans for the TikTok-Oracle deal. Our panel explores what the decision could mean for the future of the US-China relationship.

US jobless claims jump & awaiting China’s call on TikTok
The boom/bust cycle is as old as Western banking itself. Our hosts break through the mainstream headlines to find the stories that matter, and help you navigate the booms and the busts.