Holy hiring! U.S. economy adds 528,000 jobs in July

<p>The U.S. economy added 528,000 jobs in July, according to the latest jobs report, far outpacing expectations. We dig into what that means amid high inflation and whether this dampens fears of a recession. More on the reasons why the labor market will likely stay hot for the foreseeable future, including Baby Boomer retirements and declining immigration. Also, China has imposed sanctions on House Speaker Nancy Pelosi after her visit to Taiwan.</p>