Frances Donald, Chief Economist at Manulife Investment Management, and Bloomberg Global Macro Strategist Vincent Cignarella, discuss payrolls rising 96,000, a three-month low, after a downwardly revised 131,000 advance the prior month, according to a Labor Department report Friday that trailed the median estimate of economists for a 150,000 gain. Bloomberg News Deals Reporter Scott Deveau explains how billionaire Bill Ackman made a big bet on himself even as some investors were second-guessing the future of his hedge fund, Pershing Square Capital Management, and how that bet is paying off thus far. Bloomberg Businessweek Editor Joel Weber and Businessweek Freelance Writer Andrew Zaleski share the story of salt king Ben Jacobsen’s effort to turn seawater into a culinary cult following. Jalak Jobanputa, Founding Partner at Future\Perfect Ventures, breaks down venture capital investing in the cryptocurrency world. And we Drive to the Close with Jim Russell, Portfolio Manager at Bahl & Gaynor. 

Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan. 

Frances Donald, Chief Economist at Manulife Investment Management, and Bloomberg Global Macro Strategist Vincent Cignarella, discuss payrolls rising 96,000, a three-month low, after a downwardly revised 131,000 advance the prior month, according to a Labor Department report Friday that trailed the median estimate of economists for a 150,000 gain. Bloomberg News Deals Reporter Scott Deveau explains how billionaire Bill Ackman made a big bet on himself even as some investors were second-guessing the future of his hedge fund, Pershing Square Capital Management, and how that bet is paying off thus far. Bloomberg Businessweek Editor Joel Weber and Businessweek Freelance Writer Andrew Zaleski share the story of salt king Ben Jacobsen’s effort to turn seawater into a culinary cult following. Jalak Jobanputa, Founding Partner at Future\Perfect Ventures, breaks down venture capital investing in the cryptocurrency world. And we Drive to the Close with Jim Russell, Portfolio Manager at Bahl &amp; Gaynor. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan.

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

August Jobs Miss, Ackman Bets on Ackman, Power of Salt, VC Investing in Cryptocurrency

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