A great cartoon by @guyvenables.bsky.social - The #art of an #editorial #cartoon with a little joke on the #War #Iran - #USA + The blockade of the #StraitofHormuz + #Oil #Market #Manipulation
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Payrolls Crash -23,000 — A Massive Miss That Should Stop the Fed From Hiking. Senate Passes the Lindsey Graham Russia Sanctions Act 86-11. T
The economy lost 23,000 jobs in July when Wall Street expected a gain of 83,000 — a huge miss. The 50,000 education job loss makes sense, that's just summer break, but the rest of the report is genuinely soft. This should keep the Fed from hiking rates anytime soon. The Senate passed the Lindsey Graham Russia sanctions bill 86-11 — his final legislative legacy, passed just hours after his funeral. Trump lost his ballroom fight today when an appeals court ruled he needs Congress's approval, which he never got. He's appealing to the Supreme Court. And weeks after the Supreme Court told him he can't ban birthright citizenship, he's trying again with two new executive orders. This guy does not lose easily. All of it today.
