What to look for in the U.S. government's June jobs report
CBSN
A key government report on Friday is expected to show slowing, but steady, job growth in June, with forecasters increasingly confident that the U.S. economy is cruising in for a "soft landing."
Recent economic signals show that the labor market is normalizing:
Washington — Former President Donald Trump and his legal team asked the federal judge overseeing the case involving his handling of sensitive government documents to pause proceedings until she resolves his pending requests to toss out the charges based on presidential immunity and the constitutionality of special counsel Jack Smith's appointment.
The Labour Party and its leader, new British Prime Minister Keir Starmer, undoubtedly won the U.K. general election, but as he set to work building his new cabinet, there was another politician keen to crow about his party's election windfall, much smaller though it was. Nigel Farage, the leader of the far-right Reform UK party and long one of Britain's most divisive politicians, was heckled by a series of protesters as he took the stage to deliver a speech in London on Friday.
The Transportation Security Administration said it anticipates record numbers of travelers at airports on July 7, as it braces for what is projected to be the busiest day at airport security checkpoints. More than 32 million people are expected to go through TSA screening between June 27 and July 8, according to the agency, a 5.4% increase from the same period last year.
Washington — President Biden is set to travel to the battleground state of Wisconsin on Friday for a campaign rally, marking the start of a crucial weekend for his reelection bid as he seeks to assuage concerns about his fitness for a second term sparked by his startling debate performance just over one week ago.