For: August 7, 2026
>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning on Wall Street after stocks closed in the red yesterday. At the closing bell, the Dow Jones Industrial Average lost 464 points to 53-885. The S&P 500 fell 13 points to 77-09. The Nasdaq dropped 15 points to 26-348.
>>23,000 Jobs Lost Last Month
(Washington, DC) -- Job creation stalled last month. The government's monthly employment report out today shows no new non-farm payroll jobs added in July. In fact, the Bureau of Labor Statistics says 23-thousand jobs were unexpectedly shed. Most analysts had been expecting to see as many as 83-thousand new jobs created. Meanwhile, the unemployment rate did slip a bit from four-point-two percent to four-point-one.
>>Meta Ordered To Pay $567M In NM Case
(Albuquerque, NM) -- Meta is being ordered to pay a hefty fine for contributing to a "mental health crisis" among children. A New Mexico judge ordered the owner of Facebook and Instagram to pay 567-million dollars into a child mental health fund set up to address harms caused by social media. In Thursday's ruling, the judge called Meta's social media platforms "a significant contributing factor to the current mental health crisis among New Mexico's youth." Lawyers for Meta say the company disagrees with the ruling and plans to appeal.
>>FCC Votes On Ownership Rule
(Undated) -- The FCC has voted to eliminate a decades-old rule limiting how many households a single broadcaster can reach nationwide. The previous cap restricted broadcasters from reaching more than 39-percent of the national television audience, but the FCC says the change will help TV networks compete with major digital platforms. The agency will now use a case-by-case review process when evaluating broadcast ownership limits. Supporters say the move will strengthen local broadcasters, while critics warn it could lead to more media consolidation and fewer independent voices. The decision could have major implications for the future of television news and the media industry.
>>Coastal Launch Pad Proposed
(Baton Rouge, LA) -- The governor of Louisiana is addressing reports that SpaceX is looking to build a launch pad in his state. Republican Jeff Landry says he's open to the idea. There have been suggestions that Elon Musk's space company has their eyes on a possible location near Vermilion Bay and Pecan Island, which is about one hour south of Lafayette.
>>$110,000 Annual Salary Needed To Afford A Home In 2026
(Undated) -- Americans need to earn around 110-thousand-dollars to comfortably afford a typical home for sale in the United States. That's according to a new Redfin report that looked at the annual income a household would need to purchase a median-priced home in June 2026. The necessary 110-thousand-dollar income is just point-five-percent lower than last year's record high amount, while Redfin estimates the median U.S. household earned nearly 88-thousand-dollars in June, up four-percent from a year ago. Affordability has improved in 24 of the 46 major metro areas that Redfin analyzed. Seattle experienced the largest improvement, with the income needed to afford the typical home dropping seven-point-four-percent from a year earlier as home prices fell.



