Live updates: August’s strong jobs numbers put rate cut in doubt; Trump signs beef deal

August's robust job growth with 162,000 new positions has cast doubt on the likelihood of a Federal Reserve rate cut, traditionally seen as a boost to economic activity. President Trump is pushing for lower interest rates, threatening to halt trade with countries if his demands aren't met at the Fed's September meeting. This unexpected economic strength could shift the Fed's strategy, impacting everything from mortgage rates to consumer spending, while Trump’s aggressive stance on trade could reshape international economic relations.