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Tesla reported a 25% increase in car deliveries for the second quarter, exceeding Wall Street expectations, which may indicate the worst of the backlash against Elon Musk is over. The company's sales rebounded after a decline last year due to European boycotts linked to Musk's political affiliations.

Tesla reported a significant increase in car deliveries for the second quarter, with 480,126 vehicles delivered, surpassing analyst expectations and reversing a decline caused by European boycotts. Sales rebounded in Europe, including a 300% rise in Germany, as the company introduces cheaper models and gains approval for its Full Self-Driving feature in several countries. Tesla's stock has risen over 40% in the past year despite a slight dip following the sales report.

U.S. jobless claims fell to 215,000 in the week ending June 27, below analysts' forecasts of 225,000. The four-week moving average of claims dropped to 222,000, while total filings for the prior week reached 1.81 million.

U.S. jobless aid applications fell to 215,000 in the week ending June 27, below the 225,000 forecast by analysts. The four-week moving average of claims decreased to 222,000, while the prior week's total filings rose to 1.81 million.

The upcoming Labor Department report on June job changes may show 100,000 new jobs, marking four consecutive months of solid hiring after earlier job losses. The unemployment rate is forecast to remain at 4.3%, but inflation at 4.2% and declining gas prices could influence the Federal Reserve's interest rate decisions.

The upcoming Labor Department report on June job changes may indicate a recovery in U.S. hiring, with economists forecasting 100,000 new jobs and a 4.3% unemployment rate. Recent months show a shift from job losses to gains, though inflation and economic challenges remain concerns.

The upcoming Labor Department report on June job changes will reveal whether U.S. hiring has improved, with economists projecting 100,000 new jobs and a 4.3% unemployment rate. Companies are adjusting to challenges like higher tariffs, the Iran war, and AI investments, but inflation remains a concern. The Federal Reserve faces pressure to address inflation while balancing job market resilience.

U.S. jobless aid filings decreased to 215,000 in the week ending June 20, below analysts' forecasts of 225,000, indicating low layoffs despite economic challenges. The four-week moving average of claims rose slightly, while total filings for the prior week increased to 1.82 million.

US jobless aid filings decreased to 215,000 in the week ending June 20, below analysts' forecasts of 225,000. The four-week moving average of claims rose slightly to 224,250, while the total number of filings for the prior week increased to 1.82 million.

U.S. jobless aid filings decreased to 215,000 in the week ending June 20, below analysts' forecasts, despite economic headwinds. The four-week moving average of claims rose slightly, while the total number of filings for the prior week increased to 1.82 million.

U.S. unemployment benefit filings decreased to 226,000 in the week ending June 13, aligning with analyst forecasts. The four-week moving average of jobless claims rose slightly, while the total number of filings for the prior week was higher than expected.

US employers are expected to add 105,000 jobs in May 2026, showing a tepid recovery in the labor market amid high energy prices from the Iran war. Healthcare is a key sector driving job growth, while overall hiring remains below pre-pandemic levels, leading to a stagnant 'no-hire, no-fire' labor environment.

A record 33% of U.S. household wealth was in stocks by the end of 2025, driven by an AI-driven market rally. However, the wealthiest 10% of households own 87% of this stock market wealth, exacerbating economic inequality and contributing to a K-shaped economy where GDP growth relies on wealthy spending.

Macy's reported its fourth consecutive quarter of comparable sales gains, leading to an updated annual outlook. The company attributed the growth to merchandise overhauls and improved customer service, with Bloomingdale's and Bluemercury showing significant sales increases. Challenges persist due to economic factors like tariffs and rising gas prices.

US jobless aid applications fell to 209,000 last week, indicating layoffs remain low despite economic uncertainties from the Iran war and elevated inflation. The labor market is in a 'low-hire, low-fire' state with unemployment at 4.3%, though consumer and wholesale price inflation have significantly increased.

US jobless claims fell by 3,000 to 209,000 for the week ending May 16, beating analyst forecasts of 213,000. The decline indicates that lay-offs remain low despite ongoing economic uncertainties. Weekly unemployment filings serve as a key real-time indicator of the job market's health.

Gemini surges after Winklevoss Capital Fund invests $100 million in the crypto exchange, topping revenue expectations and posting a narrower-than-expected loss. The investment indicates a significant boost to the company. Gemini's performance exceeded analyst anticipations.