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at the same time, it shows the labor market is not slowing, despite all the efforts by the federal reserve to cool down the economy, so they going to be raising rates again, for sure, maybe even higher. in a moment, i ll speak with a member of the white house economic counsel of advisers what it means for your wallet. also this morning, to secure the release the brittney griner, sentenced to nine years in a russian prison. last night, a striking moment pausing before tip-off and the crowd shouting for her to come home. now russia s foreign ministry says they re ready to discuss a prisoner swap. reverend al sharpton who is working with griner s family is going to be joining me. and new fallout from speaker pelosi s visit to taiwan after china held its biggest-ever military drills in the taiwan strait. this morning, china now halting military and climate talks with the u.s., and sanctioning speaker pelosi. the white house summoning the chinese ambassador to the white ho ....
Strait. this morning, china now halting military and climate talks with the u.s., and sanctioning speaker pelosi. the white house summoning the chinese ambassador to the white house to chew him out over the move. while on capitol hill, democrats have secured senator sinema s support for their party line tax, health care, and climate bill. the remaining hurdles, straight ahead. but let s start beginning with the massive jobs report from july, the u.s. economy adding 528,000 jobs with the unemployment rate ticking down to 3.5% last month. far surpassing expectations. and showing that the labor market is not slowing down, despite rate hikes from the federal reserve. all of this critical as the u.s. battles the highest inflation in 40 years. joining us now, jared bernstein. overall, jared, this is a good news day. this is twice as many jobs as analysts had anticipated for july, likely not what the white ....