美国参议院通过俄罗斯制裁法案，授权对印中等征收惩罚性关税

News when you want it with Bloomberg News now. I'm Erica Herskovitz. A sharp slowdown in the U.S. job market drove stocks higher, while bond yields fell on speculation the fed won't be forced to raise interest rates anytime soon. The Dow gained 152 points, up a quarter of a percent. The Nasdaq added 342 ahead one and a third percent. The S&P rose 48. Up two thirds of a percent. The ten year Treasury yield at 4.64%. The two year Treasury yield at 4.19%.

The U.S. Senate passed a new Russia sanctions bill today authorizing punishing tariffs on China, India and other top buyers of the country's oil and gas, as well as extended Iran sanctions. The legislation received bipartisan support, passing on an 86 to 11 vote, and must still pass the House. Democratic Senator Richard Blumenthal, speaking during a news conference following the vote initiated by the late Senator Lindsey Graham.

President Zelenskyy is watching in Ukraine. Vladimir Putin is watching in Moscow. I'd like to thank Lindsey Graham is watching as well and proud of what we've done, because today we send a message to vibrant Putin you will not win this war. Republican Senator Darlene Graham, this legislation was deeply important to my brother Lindsey, and I'm grateful that this bill has achieved such a wide coalition of support. He believed that this was the most consequential piece of legislation that he had ever led.

The bill will allow President Trump to levy tariffs on the top five buyers of Russian crude and natural gas, and extend the Iran Sanctions Act of 1996 through 2031. President Trump said he will appeal to the Supreme Court after a federal appeals court ruled he lacks the legal authority to build his sprawling white House ballroom without congressional approval. A split three judge panel for the U.S. Court of Appeals for the District of Columbia Circuit earlier today ordered construction to stop on the 90,000 square foot ballroom, but stayed its decision for two weeks to allow the administration time to appeal.

We get more from Bloomberg's Josh Wingrove. So he's going to take this to the Supreme Court essentially keeps the fight going. He's talking about it on the stump. I was with him when he gave a speech in Vegas a couple of days ago. Uh, and the question is whether that is, you know, ultimately what we'll get, what voters will respond to. Polls are showing voters are very frustrated with the state of the economy that Trump is underwater.

On his handling of the economy, which is normally a strong suit for him in polls. Bloomberg's Josh Wingrove The decision marks a blow for Trump, who has focused intensely on his construction projects in Washington, of which his planned ballroom is the centerpiece. President Trump has also revived his threat to fire Federal Reserve Governor Lisa Cook over unproven allegations of mortgage fraud. That's according to a letter seen by Bloomberg.

It's a move that could renew a legal fight over the central bank's independence. In a letter dated Wednesday, cook was told that Trump is considering removing her and gave her until August 26th to respond to allegations made by the white House. It's Jobs Day on Wall Street, and employers unexpectedly cut positions in July. America saw a loss of 23,000 to the payrolls last month. The unemployment rate came in at 4.1%, taking lower as labor force participation continues to slide.

More from Bloomberg's Michael McKee. -23,000 jobs. There have been people who've been forecasting that that might happen sometime soon. Ian Lyngen over at BMO turns out to be right. Today. The unemployment rate, though, drops to 4.1%. And I imagine what we're seeing there is another decline in the labor force. We'll take a look at that in just a second. Change in private payrolls. Uh, 30,000 and also the two months. Net revision 103,000 taken away.

So what we're looking at is a labor market that is much weaker, at least on the hiring side. Bloomberg's Michael McKee the report suggests the job market may be facing challenges after surprising strength earlier this year. The decline in payrolls last month was driven by cuts in government, leisure and hospitality and retail positions. President Trump's top economic adviser and National Economic Council director, Kevin Hassett, digging into the numbers.

There are some things that really jump out at me that it was like private sector job creation was, you know, right about at the break, even positive number, it was government employment that went down a lot about 50 something thousand. And the other thing is that we see in the hospitality sector, you know, the end of the World Cup is really clearly of the day to two. If you exclude those two things, you had about 100,000, uh, number.

And that's consistent with all the other indicators. White House economic adviser Kevin Hassett on Bloomberg Radio and television on Wall Street markets are giving the fed more wiggle room as well, now pushing back bets on the next rate hike to December. Republican Senator Bill Cassidy said he will support Todd Blanche to be the next attorney general, likely paving the way for his confirmation. Blanche winning Cassidy support is likely to be decisive in resolving the weeks long saga over Trump's decision to pick his former personal attorney to lead the Justice Department.

This is not a referendum on President Trump. It is a decision regarding Mr. Branch in very specific circumstances, all considered. I will vote for Mr. Branch of the exercise for this vote. What's new? Senator Cassidy speaking on the Senate floor. Hours after Alaska Republican Lisa murkowski joined Susan Collins of Maine against Blanche's nomination. With Mitch McConnell out. That gives Blanche just enough votes to win confirmation with all Democrats against.

President Trump had said he would keep Blanche as acting attorney general if his confirmation vote failed. Overseas, President Trump says negotiations between Iran and Oman over the Strait of Hormuz are moving along, though a deal has yet to be finalized. Iran's deputy foreign minister says an understanding with Oman had been reached in principle, and the final text and details of an agreement will be announced soon.

Earlier, Army Secretary Daniel Driscoll said the US Army is aiming to make it easier for defense firms to get access to military test ranges to experiment with critical weapons technology, in the latest effort to shake up Pentagon procurement and replenish stockpiles drained by the Iran war with the United States Army has been trying to do. Under Secretary, leadership is innovate as fast as humanly possible with what we do have.

And we feel very good that working with Congress and Senate and consolidating down some of our budget line items, we are getting more flexibility than we have had in the last couple of years, not as much as we had a couple of decades ago. And we are taking that and earning back the trust of Congress to give us even more going forward. Driscoll, a guest on Bloomberg Television, also lamented operating under continuing resolutions but said the military is getting more flexibility than it's had in the last couple of years.

That's news when you want it with Bloomberg News now, I'm Erica and this is Bloomberg.