AstraZeneca's exit is a frightening prospect for the City and the government

US stock futures are holding steady with little movement as investors play the waiting game ahead of the latest monthly jobs report. Everyone’s on edge to see if the labor market data will sway the Federal Reserve’s next move on interest rates—or just confirm what markets already suspect.

The latest jobs report is due today, and all eyes are on how the labor market fared in June. Economists are predicting a slight cooling—fewer jobs added compared to previous months and a small uptick in unemployment. Meanwhile, Dow futures are holding steady, suggesting investors aren’t bracing for major surprises.

House Republicans are gearing up for a final vote on a major tax-cut bill championed by former President Trump. If passed, it would slash taxes across the board, with supporters arguing it’ll boost the economy and critics warning it could balloon the deficit. The stakes are high, and the outcome could shape both fiscal policy and political momentum heading into the election season.

The fireworks industry is sounding the alarm that Trump-era tariffs on Chinese imports could put a damper on Fourth of July celebrations. Since nearly all consumer fireworks in the U.S. come from China, the added costs are squeezing suppliers—some warn this might be the last year Americans get the full explosive spectacle they’re used to.

The Trump administration is pushing a policy bill that would slash funding for SNAP (Supplemental Nutrition Assistance Program), the federal food aid program formerly called "food stamps." If passed, these cuts would be the largest in SNAP's history, directly impacting roughly 42 million Americans who rely on the program to afford groceries.