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welcome to "the lead." i'm kaitlan collins in for jake tapper. we start with the money lead. wall street closing this hour mostly flat after today's jobs reported exceeded expectations. great news, obviously, but not slowing rising prices and fears of a recession. according to the bureau of labor statistics, the united states added 372,000 jobs in june and on average american paychecks are up 5.1% in the last year. but that's not keeping up with inflation, which jumped 8.6% annually in last month's report. that's a problem for president biden as he is struggling to convince americans...

Going on, but this could be all part of a message, a message to tehran to let's start talking. and in a lot of way, guys, i think the most important story this morning is the one that reuters has citing iranian officials saying that a message was sent from president trump to iran to let's start talking. so, again, we don't know if this is a pause, if it's indefinite but it seems that the president wants to give this a little more time to have conversations to de-escalate. we won't see the president much today. he will be talking or appearing at 5:30. he's got the congressional pick neck e -- p...

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