Sometimes the monthly U.S. jobs report delivers a clear signal on the labor market and the economy. This is not one of those times. Fortunately, the Bloomberg Benchmark crew is here to talk about the burning questions raised by the latest report, including the implications for the Federal Reserve and what the wage numbers mean. In this special bonus episode of the Benchmark podcast, reporter Jeanna Smialek joins hosts Dan Moss and Scott Lanman to break it all down.

How the Powell Probe Could Blow Up Trump’s Fed Plans
26:25

What Trump's Venezuela Attack Means for the Global Economic Order
28:02

The Year Ahead: Tariffs, AI and Fed Independence
48:11