In our news wrap Friday, the Labor Department says employers added 157,000 jobs in July, fewer than expected, while overall unemployment dipped to 3.9 percent. Also, Beijing announced says its ready to impose levies on another $60 billion of imported U.S. goods.
U.S. employers have slowed their pace of hiring new workers, but the overall economy remains strong. That's the takeaway from today's jobs report for the month of July.
The Labor Department says employers added 157,000 jobs last month, not as many as expected. The overall unemployment rate, however, still dipped, from 4 percent to 3.9 percent. But average hourly pay gained only 2.7 percent from a year earlier. That's not enough to keep pace with inflation.
China has fired off a new warning to Washington in a budding trade war. Beijing announced today that — says today that it's ready to impose levies on another $60 billion of imported U.S. goods. That's if the Trump administration goes ahead with a threatened 25 percent tariff on Chinese goods worth $200 billion.
At White House, economic adviser Larry Kudlow said what happens next is up to China.
Do not blame President Trump. Blame the Chinese for their intransigence. We didn't start this. They're the ones who are not playing by the rules. They're the ones who are stealing technology and intellectual property. They're the ones who have unfair trading barriers. This is something President Trump inherited.
The two nations already exchanged one round of tariffs. China says its next tariffs will include U.S. coffee, honey and industrial chemicals.
Senate Democrats are ending their boycott of Supreme Court nominee Brett Kavanaugh. Minority Leader Chuck Schumer and Dianne Feinstein, who is the top Democrat on the Judiciary Committee, reportedly plan to meet with Kavanaugh later this month. It comes amid a dispute with Republicans over the release of documents relating to Kavanaugh's time in the George W. Bush White House.
So far, only one Democrat, Joe Manchin of West Virginia, has met with Kavanaugh.
In Afghanistan, at least 39 people were killed today in suicide attacks on a Shiite mosque filled with worshipers. It happened in the eastern provincial capital of Gardez. More than 80 were wounded. Police say two male attackers dressed as women slipped inside the mosque during Friday prayers. They fired guns and then blew themselves up.
The capital of Bangladesh was largely shut down for a fifth day, with buses staying off the roads because of student protests. It started Sunday, when two college students were hit and killed by speeding buses in Dhaka, a city of 10 million. That brought out thousands of students, demanding safer streets.
Woman (through translator):
The elected representatives of the country manage our tax money. There is no benefit from elections if the representatives are ignorant about our life security and reluctant to provide us due services. We will continue the movement if our demands are not met immediately.
At least 12,000 people die in road accidents in Bangladesh every year, often due to reckless driving and lax enforcement.
The prominent abbot of a major Buddhist monastery in China is now facing accusations of sexual misconduct. It's the latest sign of a growing MeToo movement in Chinese society. Two fellow monks say the accused abbot harassed Buddhist nuns and pressured them for sex. The claims have now caused a public outcry since they appeared online this week.
Back in this country, Las Vegas police closed their investigation into last October's mass shooting, without determining a motive. The gunman, Stephen Paddock, killed 58 and wounded hundreds before taking his own life. Paddock fired a hail of bullets into an outdoor concert crowd from the 32nd floor of the Mandalay Bay Casino.
The sheriff said today that there's no solid evidence to explain why he did it.
Stephen Paddock was an unremarkable man whose movements leading up to October 1 didn't raise any suspicion. An interview with his doctor indicated signs of a troubled mind, but no troubling behavior that would trigger a call to law enforcement.
Without a manifesto or even a note to answer questions, the totality of the information that has been gathered leaves us to only make an educated guess as to the motives of Stephen Paddock.
The final report did show that Paddock had grown unstable and distant, and suffered major gambling losses in the last two years before the shootings.
A tax preparer for Paul Manafort testified today that she filed tax returns she thought contained false information. Cindy LaPorta, who had been granted immunity, acknowledged that she might have committed a crime. Manafort is accused of bank fraud and tax evasion in the years before he managed the Trump campaign. Federal prosecutors say they may wrap up their case next week.
Tennessee voters have chosen the two major party nominees for a key U.S. Senate race in November. Republican Congresswoman Marsha Blackburn and former Democratic Governor Phil Bredesen won Thursday's primaries. Blackburn campaigned as an ally of President Trump. Bredesen said he will chart an independent course, in a state that went heavily for Mr. Trump in 2016.
And on Wall Street, stocks ended this week on a high note. The Dow Jones industrial average gained 136 points to close at 25462. The Nasdaq rose nine, and the S&P 500 added 13.
Still to come on the "NewsHour", the way after the historic presidential election in Zimbabwe; reuniting separated migrant families, who is responsible, the government or the ACLU?; mapping poverty in Kenya to address basic needs; and much more.
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