CNN 5 Things Jobs report blame, flight compensation changes, CVS sued & more
Sep 5, 2025
The podcast delves into the weak jobs report, sparking blame towards the Federal Reserve and highlighting a concerning rise in unemployment. Political tensions escalate as Trump's maneuvers aim to reshape the New York mayoral race. Exciting developments in airline compensation for passengers take center stage, attracting mixed reactions. Meanwhile, Thailand's political landscape undergoes significant changes, and CVS finds itself embroiled in a lawsuit over controversial coverage policy alterations.
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White House Pins Jobs Slump On Fed
- President Trump blamed Fed Chair Jerome Powell for keeping interest rates high after a weak jobs report.
- The August jobs data showed only 22,000 jobs added and a rise in unemployment to 4.3%.
Jobs Report Worse Than Expected
- Economists expected weak August jobs numbers, but actual results were far worse than forecast.
- The report showed the economy lost jobs in June for the first time since the pandemic, highlighting softer labor market momentum.
Travelers: Refund Rights Remain
- The White House said it will roll back a proposed DOT rule requiring cash, hotel, and meal vouchers for certain flight disruptions.
- Travelers should still expect ticket refunds for cancellations or long delays, though other compensation may be reduced.