Jobless Claims, Q2 GDP In Line with Expectations // Edward Lawrence of FOX Business - 8/26 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:59) - We received a few important pieces of economic data Thursday morning: Jobless claims for last week came in at 353K vs. 350K expected, and Q2 GDP came in at 6.6% vs. 6.7%. (12:04) - Edward Lawrence of FOX Business joined the show to reveal what he knows about the Fed's views on tapering ahead of the Jackson Hole Summit, as well as what factors influence their decision making.(22:45) - Western Digital is in advanced talks to to merge with Japan's Kioxia in a deal that would be more than $20 billion. It would be a stock deal and could be finalized as early as the middle of September.(34:22) - During the pandemic, one developing trend has been people turing their garages into a variety different types of spaces, such as art studios, gyms, and even pubs.