First, they wince as the July jobs report shows a loss of 23,000 positions and significant downward revisions for May and June. The economy is still in decent shape overall, but job and GDP growth are clearly slowing. Next, they roll their eyes as the University of Michigan College of Literature, Science, and the Arts says freshmen will not get letter grades their first semester in order to help “curb the mental health crisis.” The policy, which is set to begin in Fall 2027, will apply to all students. Finally, Kentucky Sen. Mitch McConnell says he is home but not yet ready to return to the U.S. Senate.