A rare Pablo Picasso artwork stolen from a Milwaukee gallery in 2018 has resurfaced after more than eight years, ending a mystery that once appeared impossible to solve. The 1949 print, titled “Torero,” or “Bullfighter,” disappeared from DeLind Fine Art Appraisals in downtown Milwaukee on February 16, 2018. At the time, experts valued it between $35,000 and $50,000. Milwaukee police said a community member brought the artwork to a police station on Wednesday after recognizing the long-missing Picasso. Police have not identified the person who returned it. They also continue to investigate what happened during the eight years it remained missing. How the stolen Picasso was finally found Art dealer William DeLind told The Washington Post that police brought the print to his appraisal office for authentication. According to DeLind, a landlord recovered the Picasso after a tenant moved out and left the artwork behind. The landlord apparently remembered seeing the print in news reports after its 2018 disappearance. The artwork had reportedly spent years hanging inside a home on Milwaukee’s south side. Someone examined it more closely, searched for information about the piece and realized it could be the stolen Picasso. A gallery identification sticker remained attached to the back, helping DeLind quickly confirm its identity. “I never expected to see it again,” DeLind told The Washington Post. Despite eight years away, the print remained in remarkably good condition. Its frame and protective glass were also intact. What makes Picasso’s ‘Torero’ so rare? Picasso created “Torero” in Paris in 1949 using a sugar-lift aquatint process. The technique allows artists to create rich tonal effects through an acid-based printmaking method. The print depicts a bullfighter, a subject that appeared repeatedly in Picasso’s work. Only 30 copies of the print were produced, making the stolen piece particularly rare. Read More: $1200 New York Tiny Apartment Goes Viral Over 44 Sq Ft Space The recovered example carries Picasso’s bold green signature. Contemporary reports said it was number nine in the edition of 30. When the artwork vanished, it hung in the lobby of DeLind Fine Art Appraisals. It had no visible price or artist label. DeLind said in 2018: “Somebody either knew what they were doing or just got lucky.” Investigators struggled because the building had no surveillance cameras covering the theft. The FBI later joined Milwaukee police in the search. Reward offered as eight-year mystery continued The gallery initially offered a $5,000 reward for information leading to the Picasso’s safe return. Authorities later increased the reward to $7,500 as the search continued. The artwork’s ownership has also changed. An insurance company paid the original theft claim and now owns the recovered Picasso. Police thanked the person who recognized the artwork and returned it, but said the investigation remains active. For DeLind, the recovery brings an extraordinary end to an eight-year mystery. The case also offers a rare example of valuable stolen art returning through recognition rather than an arrest or undercover operation.
New Omoda 7 PHEV Arrives in Pakistan at Rs10.649 Million
Omoda & Jaecoo Pakistan has officially launched the Omoda 7 SHS-P plug-in hybrid SUV, expanding its new-energy vehicle lineup in the country. The Omoda 7 PHEV Pakistan launch marks the brand’s fifth new-energy vehicle introduction in less than a year. NexGen Auto, the Nishat Group partner for Omoda and Jaecoo, is bringing the SUV to the local market. The model follows the Jaecoo J6, Omoda E5, Jaecoo J7 and Jaecoo J5. Omoda had teased the 7 PHEV in July before its formal launch. PakWheels also reported that the vehicle appeared at its Karachi auto show and was confirmed for Pakistan. Powertrain, range and exterior The Omoda 7 SHS-P combines a 1.5-liter turbocharged petrol engine with an 18 kWh battery and Dedicated Hybrid Transmission. According to local launch details, the powertrain produces a combined 340 horsepower and 525 Nm of torque. The company claims more than 90 kilometers of electric-only range under the WLTP testing standard. Read More: Pakistan’s Car Loan Market Roars Back With 38% Annual Growth It also claims about 1,200 kilometers of combined driving range with a full fuel tank and fully charged battery. Official Omoda material for other markets also highlights long electric range and the brand’s SHS-P hybrid technology, although specifications vary by country. The exterior features a borderless front grille, LED headlights and LED daytime running lights. Omoda has also fitted 20-inch alloy wheels, flush door handles, roof rails and a panoramic sunroof. Full-width LED taillights complete the rear design. The SUV includes a power tailgate, 60:40 split-folding rear seats and a full-size spare wheel. Premium cabin and Level 2 ADAS Inside, the Omoda 7 uses soft-touch leatherette, suede upholstery and wood trim. The dashboard carries an 8.8-inch digital instrument cluster, a 15.6-inch sliding infotainment display and a head-up display. The system supports wireless Apple CarPlay and Android Auto. Equipment also includes 50W wireless charging, customizable ambient lighting, voice controls and a built-in fragrance system. Omoda’s international material also highlights the sliding 15.6-inch display as a major feature of the SUV. The screen can move across the dashboard toward the front passenger. Read More: Pakistan’s Car Loan Market Roars Back With 38% Annual Growth The driver gets 10-way power seat adjustment, memory settings, lumbar support, heating and ventilation. The front passenger seat adds a Zero Gravity recline function and built-in massage feature. Safety equipment includes eight airbags, a 360-degree camera and Level 2 Advanced Driver Assistance System. The ADAS package includes Adaptive Cruise Control, Autonomous Emergency Braking and Lane Keeping Assist. It also offers Blind Spot Monitoring, Rear Cross Traffic Alert and Front and Rear Collision Warning. Door Opening Warning and Driver Fatigue Monitoring are also part of the package. Price and booking in Pakistan Omoda & Jaecoo has introduced the Omoda 7 SHS-P at an ex-factory price of Rs10,649,000. The introductory price-lock offer remains valid until August 31, 2026. Customers can book the SUV with a Rs2 million payment before the offer expires. The launch adds another plug-in hybrid to Pakistan’s fast-growing electrified SUV market. NexGen Auto has expanded Omoda and Jaecoo’s presence through a local assembly operation backed by Nishat Group investments. The Omoda 7 now targets buyers seeking premium features, electric commuting ability and petrol-powered flexibility for longer journeys.
US Economy Loses 23,000 Jobs in July: What Went Wrong?
The US economy unexpectedly lost 23,000 jobs in July, marking the first monthly payroll decline since February and raising fresh concerns about the strength of the American labor market. The July 2026 US jobs report, released by the Bureau of Labor Statistics on Friday, came in far below expectations. Some forecasts had pointed to a gain of about 85,000 jobs. Economists polled by Reuters expected an increase of 80,000. The weakness also extended beyond July. The BLS revised May payroll growth down from 129,000 to 63,000 and June growth from 57,000 to just 20,000. Together, the revisions erased 103,000 jobs from earlier estimates. Unemployment falls as workers leave labor force The unemployment rate slipped from 4.2 percent in June to 4.1 percent in July. However, the decline did not reflect stronger hiring. Reuters reported that 264,000 people left the labor force during the month. That pushed the labor force participation rate down to 61.4 percent, its lowest level since February 2021. The BLS said participation has fallen 0.7 percentage point since January. Read More: US imposes new tariffs on 60 trade partners, including Pakistan Household employment also dropped by 87,000. Meanwhile, about 4.8 million people worked part time for economic reasons. The figures have intensified scrutiny of President Donald Trump’s economic agenda, particularly policies affecting immigration and labor supply. Reuters reported that the US labor force has fallen by more than one million people this year. Hospitality, education and retail lead losses Leisure and hospitality lost 40,000 jobs in July, its second straight monthly decline. Restaurants and bars accounted for 26,100 of those losses. Local government education employment fell by nearly 50,000, contributing to a 53,000 decline in total government payrolls. Retail trade lost 19,000 jobs, while financial activities shed 14,000. Some industries still added workers. Healthcare gained 22,000 jobs, construction added 22,000 and manufacturing increased employment by 5,000. Average hourly earnings rose only two cents to $37.62. Wages increased 3.2 percent from a year earlier, slowing from 3.4 percent in June. The average workweek remained unchanged at 34.3 hours. Markets rethink Federal Reserve rate path Financial markets treated the weak report as a reason for the Federal Reserve to avoid further tightening. Treasury yields fell, the dollar weakened and US stocks moved higher. The S&P 500 later closed at a record high. Reuters said markets cut the probability of a September rate hike to about 44 percent from 57 percent before the report. The Fed kept its benchmark rate at 3.50 percent to 3.75 percent last week. Economists cautioned against treating one weak month as proof of a recession. Seasonal distortions can affect summer employment, especially around the end of the school year. Stephen Stanley, chief US economist at Santander US Capital Markets, said: “Policymakers broadly see the labor market as stable.” Still, the combination of payroll losses, sharp downward revisions, weaker participation and slower wage growth gives policymakers a clear warning that the US labor market is losing momentum.
