“With the Republican and Democratic national conventions just weeks away, the government reported on Friday that employers added 287,000 workers in June, a vigorous rebound that helps sets the stage for the economic themes advanced by the presidential nominees,” the New York Times reports.
“The unexpectedly grim initial employment report in May was disturbing enough to convince every voting member of the Federal Reserve’s policy-making committee last month to oppose any increase in its benchmark interest rate… That jobs report, combined with Britain’s vote to leave the European Union, has fanned wider worries that the American economy is in danger of stalling.”