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BY ERIK SHUTE
ANCHOR MEGAN MURPHY
You're watching multisource video news analysis from Newsy.
This is Newsy Now and here are the headlines you need to know.
First up, the U.S. economy -- America wakes to a weakening financial market after a lack of confidence allowed the DOW to plunge more than 500 points and futures slip on Thursday. Now, Friday’s July jobs report looms overheard, but MSNBC says it could offer a glimmer of hope.
ANCHOR: “...a silver lining I guess to what has been a gloomy economic picture. 117,000 Jobs were added last month, that brings the unemployment rate down to 9.1%.”
REPORTER: “I feel relieved if it was a bad number in the context of what we've been seeing in the stock market, it would have been a pretty ugly day. This is a very good number in that context. You're right, Andrea, that this isn't enough. I mean just to stabilize unemployment, we need consistent monthly job growth of 125 to 150 k, we're not there yet but fortunately it looks like we're going to avoid recession. That would be disastrous.”
Still in the U.S. -- Virginia Tech lifted its campus wide lock-down after three students spotted an armed man on Thursday. HLN reports the police will continue to look for suspects on the tense campus.
“Virginia tech lifted a lockdown after police couldn't find anyone suspicious on campus yesterday. The school issued a lockdown after several people said they saw someone with a gun.”
In world news -- Libyan rebels are reporting a NATO air strike killed Moammar Qadhafi’s youngest son Khamis. Here’s Fox News.
“Rebel forces claim he was along with 31 others. The Libyan government denies all of that. For its part NATO saying it has no confirmation. That son is the commander of one of the best-trained and most loyal military units.”
Still in world news -- Paul McCartney’s ex-wife Heather Mills joins Britain's celebutants who have jumped into Britain's phone hacking scandal. Euronews has the latest.
"Heather Mills, the ex-wife of former Beatle Paul McCartney, said on Wednesday that a journalist working for Britain's Daily Mirror tabloid admitted to hacking her phone in 2001. Mills said the reporter called her to confess several years ago. The editor at the time, Piers Morgan, now a CNN anchor, denies knowingly publishing stories using hacking."
Finally in tech news -- the annual Pwnie Awards kicked off at the Black Hat Conference. That’s -- P-W-N-I-E, celebrating the best and worst in the world of hacking.
Among the losers was Sony. They won the award for “Most Epic Fail of Year” after hackers breached their online player database. TG Daily reports that came as no surprise. The Black Hat Conference also played host to a variety of speakers -- including one hacker who explained how he could probe an insulin pump. Slash Gear asks “Where do we draw the line? This could potentially -- kill someone” if manipulated. The pump hacker claims to be a diabetic himself.
Stay with Newsy for more analysis on news throughout the day. For Newsy Now, I’m Jim Flink -- highlighting the top headlines making you smarter, faster.
Follow Newsy on Twitter @Newsy_Videos for updates throughout your day.
Transcript by Newsy.
