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Bloomberg
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Weak Jobs Data Masked by Falling Unemployment

The US unexpectedly lost 23,000 jobs in July while unemployment fell to 4.1%, a decline driven by fewer people participating in the labor force rather than stronger employment. Bloomberg News Economics Chief US Economist Anna Wong joins Bloomberg This Weekend and explains to hosts David Gura and Christina Ruffini that the weak payrolls and persistent downward revisions point to a softer labor market and could reduce pressure on the Fed to raise rates in September.

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Bloomberg
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Senate Confirms Former Trump Defense Lawyer as AG

The Senate confirmed Todd Blanche as Attorney General despite initial opposition from multiple senators concerned about Blanche's ties to President Trump. A deal was struck in the early hours to secure enough votes with key holdouts such as Senator Bill Cassidy changing his position. Bloomberg News Washington Deputy Bureau Chief Laura Davison joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the tense and closely watched process.

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Bloomberg
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Once Upon a Farm CEO on Outlook Boost, Consumer Demand

John Foraker, Co-Founder and CEO of Once Upon a Farm, discussed the company's strong 42% sales growth in the recent quarter and expressed confidence in sustaining this momentum due to resilient consumer demand across baby and kid food categories. The company has raised its guidance for the full year and anticipates continued growth. He speaks with Romaine Bostick on "The Close."

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Bloomberg
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Gen CEO on Earnings, New Cybersecurity Attack Tracker

Gen Digital's shares are reaching their highest levels in nearly a year following an upward revision of its earnings forecast. Vincent Pilette, President and CEO of Gen Digital, expressed strong confidence in sustaining double-digit growth over the coming quarters, driven by increased demand for cybersecurity solutions amid growing concerns related to AI and agentic technologies. He speaks with Romaine Bostick on "The Close."

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Bloomberg
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Treasuries Rally as Soft Jobs Data Trims Fed Rate-Hike Bets

US Treasuries rallied after data showed employers unexpectedly cut jobs in July, suggesting labor market challenges that could impact the Federal Reserve's willingness to raise interest rates. The yield on two-year US Treasuries, which are sensitive to near-term moves in Fed monetary policy, fell as much as nine basis points on Friday to 4.15% as traders cut bets on interest-rate hikes in the coming months. The moves were pared later in the New York trading session as oil rose, though the two-year yield remained about four basis points lower on the day near 4.20%. We get reaction from Tom Tzitzouris, Head of Fixed Income Research at Baird Strategas.

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