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.

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