How Giving Over Its Oil to the U.S. Could Revive Venezuela’s Economy

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• 00:03

  The U.S.

• 00:04

  labor market finished off 2025 with another month of slow hiring.

• 00:08

  Plus, why the U.S.

• 00:10

  selling Venezuela's oil could be a ticket to the South American country's turnaround.

• 00:14

  All of this really hinges on a very, very fragile political detente between the U.S.

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  and Venezuela.

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  So ensuring that this money gets to them is going to be very vital for the stability of the Venezuelan economy.

• 00:28

  And Iran's leader says he won't bow down to protesters or President Trump as demonstrations rocked Tehran.

• 00:34

  It's Friday, January 9th.

• 00:36

  I'm Alex Oselev for The Wall Street Journal.

• 00:38

  This is the PM edition of What's News,

• 00:41

  the top headlines and business stories that move the world today.

• 00:48

  The last Labor Department jobs report for 2025 came out today, showing more of the same for the U.S.

• 00:54

  economy.

• 00:54

  Hiring still weak, but businesses also aren't slashing jobs left and right.

• 00:59

  For December, American employers added 50,000 jobs, a tiny bit less than the month before.

• 01:04

  And the unemployment rate inched down to 4.4%.

• 01:06

  That's pretty low historically, which is good.

• 01:09

  To help us dissect the latest job numbers,

• 01:11

  I'm joined now by WSJ Economics correspondent Harriet Tory.

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