WHAT TO KNOW
* The disappointing jobs numbers showed Trump’s policies are taking a toll on the labor market. Also worrisome is the revised data for June shows the economy shed 13,000 jobs — the first net loss of jobs since December 2020 when the country was in the depths of the pandemic. * When the department put out a disappointing jobs report a month ago, an enraged Trump responded by firing the economist in charge of compiling the numbers and nominating a loyalist to replace her. * Trump plans to sign an executive order today to rebrand the Department of Defense as the Department of War. * The Trump administration is dropping a Biden-era plan to require airlines to compensate stranded passengers for travel delays or cancellations that are caused by a carrier.
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