The July jobs report delivers a major surprise, questions grow over Mitch McConnell’s prolonged absence from Capitol Hill, and the debate over women’s sports continues to intensify. On the August 7, 2026 episode of The NEWSMAX Daily, host Tony Marino breaks down a jobs report showing the U.S. economy lost 23,000 jobs in July while unemployment remained at 4.1%. Rob Finnerty examines the latest Democratic candidates and primary results around the country, while Pennsylvania Republican Sen. Dave McCormick discusses his working relationship with Democratic Sen. John Fetterman — including speculation about whether Fetterman could ever switch parties — and calls for an appropriate balance between privacy and transparency surrounding…
The U.S. economy saw an unexpected job decline in July, while the unemployment rate ticked lower, according to the Bureau of Labor Statistics. Brooke Shafer reports.
Data: Bureau of Labor Statistics ; Chart: Courtenay Brown/Axios America's labor market appeared to be gaining momentum this spring. The latest data makes that rebound look much less convincing. Why it matters: The report isn't as bad as the headline suggests, but the broader picture is still one of a labor market that is less robust than it seemed. - If the trend continues, U.S. workers might find themselves squeezed on two fronts — a weakening job market and high inflation from an uncertain geopolitical conflict cutting into paychecks and household budgets. - For the Federal Reserve, that combination presents an uncomfortable dilemma. Further labor market weakening could push potential rate hikes further into the future, even as…
Kevin M. Warsh has made taming inflation the top priority of his tenure as Federal Reserve chairman. But his hesitancy to embrace the possibility of higher borrowing costs has sparked a backlash.
Kevin M. Warsh, who has said the Federal Reserve has “no tolerance” for elevated inflation, must decide whether he wants to push for an interest-rate increase at this week’s policy meeting.
Crude oil prices dropped sharply Sunday evening as global markets responded to early signs of a possible agreement to ease tensions between the United States […] Source
Bond investors are expected to scrutinize the results of critical local elections on Thursday as the war in the Middle East adds inflation pressure on the government.
Wall Street is riding high on the ceasefire extension between the United States and Iran, while Main Street is grappling with the effects of the conflict. NewsNation's Alicia Nieves has the latest on the markets' reaction to the war. Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.
A key inflation report, expected to be released Tuesday morning, should provide clues on how the war in the Middle East is affecting inflation at home.
