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Friday’s Mini-Report, 8.7.26
Today’s edition of quick hits.
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Friday’s Mini-Report, 8.7.26
Today’s edition of quick hits.
www.spreaker.com
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.
www.socialnews.xyz
India’s medical device industry to touch $250 billion by 2047: Report
New Delhi, Aug 7 (SocialNews.XYZ) India's medical device industry is expected to emerge as a global powerhouse with a projected market size of $250 billion by 2047, according to a FICCI-DUA report released on Friday. The report presents a comprehensive roadmap for creating a safe, transparent and sustainable medical equipment maintenance ecosystem. The White Paper released during the inaugural session of the 'India Medical Device 2026', organised by the Department of Pharmaceuticals in association with FICCI here says that India's medical device sector, currently valued at around $14 billion, is projected to reach $30-50 billion within this decade, and likely to reach $250 billion by 2047.
www.cnbc.com
U.S. economy unexpectedly lost 23,000 jobs in July
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate held steady at 4.2%, according to the Dow Jones consensus.
www.uefa.com
Impact report shows UEFA Women's EURO 2025 legacy in action | UEFA Women's EURO
The UEFA Women's EURO 2025 Impact Report demonstrates how the tournament is driving long-term growth across clubs, communities and national associations far beyond host country Switzerland.
www.socialnews.xyz
Explosions heard in Iran following confrontation with ‘enemy targets’: Report
Tehran, Aug 7 (SocialNews.XYZ) Two explosions were heard on Iran's southern Qeshm Island in Hormozgan province Thursday night as a result of the Iranian armed forces' confrontation with "hostile enemy targets" at the entrance to the Strait of Hormuz, the semi-official Tasnim news agency reported. Tasnim cited informed sources as saying that the explosions were heard at around 21:40 local time (1810 GMT), adding that the "achievements" of the Iranian naval forces' confrontation will be announced in the coming hours. It also quoted Ahmad Nafisi, Hormozgan's deputy governor for political, security and social affairs, as saying that no strike or incident had been reported on Qeshm Island and the provincial capital Bandar Abbas.
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