## U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower

Authored by cnbc.com

June and May totals were revised sharply lower, down by a combined 258,000 from previously announced levels.

At the same time, the unemployment rate rose to 4.2%, in line with the forecast.

The June total came down from the previously stated 147,000, while the May count fell to just 19,000, revised down by 125,000.

Stock market futures fell further after the news while Treasury yields also were sharply lower.

"This is a gamechanger jobs report," said Heather Long, chief economist at Navy Federal Credit Union.

The weak report, including the dramatic revisions, could provide incentive for the Federal Reserve to lower interest rates when it next meets in September.

On wages, average hourly earnings increased 0.3%, meeting the estimate, though the yearly gain of 3.9% was slightly higher than expected. »

### Escaped slave who became lawmaker will be first individual African American honored with statue at South Carolina State House

Authored by cbsnews.com

Black Civil War hero Robert Smalls to be honored with statue at South Carolina State House.

The Jamaican-born artist is creating a sculpture of Robert Smalls, the historic South Carolina lawmaker who escaped slavery in Charleston by commandeering a Confederate ship.

His statue of Smalls will be the first monument honoring an individual African American on the State House's grounds. »

### Amid Trump’s tariff shock, India informs US it won’t purchase F 35 fighter jets

Authored by businesstoday.in

Trump’s abrupt announcement of a 25% tariff on Indian goods—set to take effect August 7—has caught Indian officials off guard.

Trump’s claim that his diplomacy helped end the May ceasefire between India and Pakistan has been flatly denied by New Delhi.

However, diplomatic channels remain open, with India still preparing to host the upcoming Quad leaders’ summit alongside the U.S., Japan, and Australia. »

### HIV rates among Russian soldiers surge 2,000% since start of full-scale invasion of Ukraine

Authored by kyivindependent.com

It attributes the rise to several factors including blood transfusions for wounded soldiers, reusing syringes in field hospitals, and soldiers engaging in unprotected sex and drug use.

"There is no objective reason why HIV should be decreasing across the world — except in Russia.

In their statement, Russian prosecutors claim the charity is "focused on the promotion of non-traditional sexual relations, Western family models, and gender reassignment. »

### Trump to blame for high cost of living, Americans say in new poll

Authored by theguardian.com

Six out of 10 Americans place blame on the Trump administration for driving up their cost of living, according to a poll conducted by Morning Consult for the Century Foundation, which asked 2,007 Americans how they are managing the high cost of living in the US economy, who they think is to blame and what are the solutions.

Nearly half, 49%, said the Trump administration had had a negative impact on their finances.

Nearly eight out of 10 Americans, including 70% of Republicans, fear that Trump’s tariffs will increase the price of everyday goods. »

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