Economic growth has slowed and there’s no sign that output will reaccelerate any time soon. But there’s also minimal evidence that the economy is due to crumble in next month’s third-quarter GDP report. Instead, the macro trend continues to plod along at a subdued pace.

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Trump abruptly fires Bolton, national security adviser: The Hill
No change in median US household income in 2018: WSJ
China exempts tariffs on select list of US goods: Axios
Some US firms cancelling China investments at faster rate: CNBC
California passes bill to require contractors be treated as employees: NY Times
US small business optimism still upbeat in Aug, but outlook looks challenged: NFIB
US job openings remain elevated but continue to trend lower in July: CNBC