This week from the @valeofinancial Twitter feed 

U.S. Economy

• July Unemployment Rate Down, but Less People Employed or Looking For Work Valeo Financial Advisors
• Still down 6.8 million jobs. The jobs picture for health care, gov’t, manufacturing & others in 1 graph Planet Money
• In July, manufacturing activity slowed way down, almost back to contraction: Economist
• U.S. Mortgage Rates Fall to 8-Month Low Bloomberg

U.S. Consumer

• U.S. Consumer Credit Jumps by Most in 4 Years Bloomberg
• Consumer Spending Down For First Time In Nearly 2 Years NPR

U.S. Markets

• Treasury Yields Hit 2011 Lows Wall Street Journal
• S&P 500 ends week down ~8.2% Yahoo! Finance

Debt Ceiling Deal

• Our financial-markets columnists’ “Tuesday morning quarterbacking” on what the debt-ceiling deal means Economist
• President Obama signs the debt ceiling bill into law. CNN

Around the Globe

• Everything you need to know about all the different European debt crises in one post: Washington Post
• Daily chart: Explore the world’s debt with our interactive guide Economist
• The ECB realizes inflation may not be Europe’s biggest worry just now Economist
• < 1 year ago the 30 year Italian bond traded w/ ~4.6% yield. Today the 2 year Italian note is nearing 4.6% Chart: Bloomberg
• Worries Rise Over Spain and Italy Debt The New York Times
• Currency interventions: Japan Follows Swiss in Bid to Damp Currency Bloomberg

Other

• Daily chart: Which states benefit most (and least) from America’s federal fiscal union? Economist