US economy added just 57,000 jobs in June, a worrying sign as wage growth remains below inflation for a third consecutive month.
US and Iranian negotiators paused indirect talks for Iran's supreme leader Ayatollah Ali Khamenei's funeral, spanning July 4-9, with mediators saying next meetings would be scheduled after ceremonies.
Russia launched a large-scale attack on Ukraine's capital with ballistic and cruise missiles and drones, killing several people.
World
Trump and Iranian officials resumed talks in Doha with mediators, with both sides claiming denuclearization progress.
A bomb blast killed five people in a Damascus cafe as Syrian security forces investigate.
US-Iran negotiations pause for Ayatollah Khamenei's funeral scheduled July 4-9, after he was killed in US-Israeli strikes February 28.
Business
Comcast announced it will separate its NBCUniversal Media, entertainment, and theme parks business from its cable and broadband operations in a spinoff, with shareholders responding positively as Comcast shares moved up 6.5%.
The U.S. economy added just 57,000 jobs in June, a worrying sign for labor market stability as wage growth tracked below inflation, fueling expectations the Federal Reserve will take a measured approach to rate policy.
Google's parent Alphabet fell 1% after the subsidiary lost a European antitrust case, where a court upheld a fine of 4.1 billion euros for allegedly giving its own apps unfair advantages in Android products.
Technology
Anthropic launched Claude Sonnet 5 as the default model for all Free and Pro users, approaching flagship Opus 4.8 performance at $2 per million input tokens through August 31.
California Governor Gavin Newsom signed a deal giving all state agencies, cities, and counties access to Claude at 50% discount, despite federal designation of Anthropic as a supply-chain risk.
Anthropic's Claude Fable 5 is returning after negotiations with the Trump administration, with new safeguards, monitoring, and industry collaboration around jailbreak testing following export-control concerns.
Science
Researchers at McGill University created a quantum device that generates controlled bursts of phonons by forcing electrons through an ultrathin crystal at near-absolute-zero temperatures, behavior that defies current theories.
Magnons, tiny magnetic waves previously considered too short-lived for practical use, have been extended to last nearly 100 times longer, making them promising quantum information carriers.
Scientists resolved a decades-old puzzle showing that water trapped in nanoscale spaces is not inherently more reactive than bulk water, with pressure differences explaining the apparent reactivity.
Economy
Employers added only 57,000 jobs in June, significantly below economist estimates of 110,000, signaling weaker labor market momentum.
Inflation accelerated to 4.2 percent in May from 3.8 percent in April, driven largely by surging energy prices tied to Middle East conflict.
Treasury yields fell as weaker jobs data prompted investors to lower expectations for Federal Reserve rate hikes, with the 2-year yield dropping over 5 basis points.
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