A podcast from Deloitte and custom content from WSJ.
U.S. Labor market slowed last month, complicating the Fed's calculus for its next rate decision.
And Tesla sales are surging again.
Plus, how hot is it where you live right now?
High temperatures this summer are going to challenge America's electric grid.
There should be a lower risk for blackouts this summer.
So that is the good news.
But there is always a risk and there are just myriad problems kind of all over the place.
It's Thursday, July 2nd.
I'm Alex Osala for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
Data out from the Labor Department today showed that the U.S.
Economy added 57,000 new jobs last month.
That's fewer than economists expected and a slowdown from the spring's hiring hot streak.
Today's report also revised down the big job gains from May and April.
One interesting tidbit, the unemployment rate dipped to 4.2 percent.
From May to June, we saw this very big drop in the labour force.
It decreased by about 700,000, which is a surprise.
When the unemployment rate goes down, it means that people are finding jobs.
But in this case, it kind of went down for the wrong reasons,