AI Summary
5 min readThe June jobs report landed with a thud. U.S. employers added just 57,000 jobs last month, less than half the number added in each of the two previous months. NPR’s Scott Horsley cautioned against reading too much into a single month’s data, but the revisions were also grim: hiring in April and May was significantly weaker than initially reported. The unemployment rate ticked down to 4.2 percent, but the overall picture suggests the labor market is slowing. The report arrives as Federal Reserve Chair Kevin Warsh prepares for a policy meeting later this month.
Justice Department challenges state gun bans
The Justice Department has filed two lawsuits against state gun laws it calls unconstitutional, targeting bans in California and Virginia. California recently enacted a law banning dealers from selling certain Glock and Glock-style pistols. Virginia lawmakers banned the purchase and sale of semi-automatic rifles. In both suits, the DOJ cites recent Supreme Court decisions that struck down restrictions on gun owners, including one handed down just days ago. The department is asking federal judges to block the bans, arguing they violate the Second Amendment.
Venezuela earthquake toll nears 2,300; survivors still found
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What you'll learn
- 1 (00:26) **June Jobs Report Shows Sharp Slowdown** - U.S. employers added just 57,000 jobs in June, less than half the previous two months' totals, and prior months were revised downward.
- 2 (01:12) **DOJ Sues California and Virginia Over State Gun Bans** - The Justice Department is challenging state laws it calls unconstitutional, citing recent Supreme Court decisions.
- 3 (01:59) **Venezuela Earthquake Death Toll Nears 2,300; Survivor Found** - Rescuers pulled a 43-year-old security guard alive from a collapsed shopping center in La Guaira.
- 4 (02:21) **Massive Russian Attack on Kyiv Kills at Least 21** - Russia says the drone and missile attack is retaliation for Ukrainian strikes on Russian oil infrastructure.
- 5 (03:20) **Dangerous Heat Wave Blankets Central and Eastern U.S.** - The most dangerous stretch is projected to last through Independence Day, with Washington D.C. forecast to hit 105°F.
- 6 (03:53) **Scientists Create a "Spud Cell" from Scratch** - Researchers at the University of Minnesota say their synthetic cell is the first to perform key functions of living cells, including feeding, growing, and dividing.
- 7 (04:46) **Average 30-Year Mortgage Rate Falls to 6.43%** - Freddie Mac reports the rate has dropped to its lowest level in seven weeks.
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