In an interview with CNN, Joe Biden told Chris Cuomo that "I was prepared for them to come after me, but I wasn't prepared for the person coming at me the way she came at ..." referencing Kamala Harris' attack on his history with racial issues in last week's Democratic debate.
The big picture: Joe Biden had previously shied away from doing interviews as he leads the Democratic field in the polls.
The U.S. economy added 224,000 jobs in June — far more thanthe 165,000 economists were expecting, while the unemployment rate edged slightly higher to 3.7% and wages grew at an annualized pace of 3.1%, the Labor Department said on Friday.
Why it matters: This is a significant rebound from the weak jobs report in May, calming concerns that the labor market — the standout of the 10-year U.S. economic expansion — was losing momentum at a rapid pace. It may, however, complicate financial markets' expectations of a series of interest rate cuts by the Federal Reserve starting as soon as this month.
Soybeans farmers are seeking to save their trade relationship with China as President Trump's ongoing trade war threatens to dismantle the market, the Wall Street Journal reports.
The big picture: Retaliatory Chinese tariffs on soybeans have sunk exports, chipping away at one of agriculture's most profitable products. In 2017 alone, the U.S. shipped $21 billion in soybeans abroad — tripling numbers from the past two decades. But in 2018, that number fell 74% by volume, leading to recent prices paid to U.S. farmers plummeting to a seven-year low.
