The economy added 114,000 jobs in July. Analysts were expecting a slowdown, but not that much of one. Unemployment rose more than expected too. Markets are tumbling on the news amid worries that the Federal Reserve may have waited too long to cut interest rates. We’ll discuss. Plus, a housing crunch means pain for furniture retailers, and a grassroots program in the U.K. is making the sport of fencing more accessible.

We’re in the middle of another heat wave, which can make cooler parts of the country seem more attractive. And a new analysis shows that some Americans are reversing migration patterns. Typically, people are leaving colder states for warmer ones. Now, more Americans are staying put, while others are moving from warmer places to cooler ones. But first: Markets tumble as investors blink before The Fed does.

From the BBC World Service: Fencing is currently having its moment on the Olympic stage in Paris and has been around since the very first modern, organized Olympics. And in the United Kingdom, one grassroots group is making fencing more accessible, investing in growing its popularity and helping Muslim women and girls access more organized sport. Also on today’s show Japan’s stocks tumble on concerns over the U.S. economy.