US employers added 162,000 jobs in August, above estimates of just 53,000 jobs and a loss of 23,000 the previous month, the Bureau of Labor Statistics said Friday.
Iran's Revolutionary Guard and US forces exchanged fire in the Strait of Hormuz, with attacks targeting oil tankers in the strategically vital waterway. This escalation threatens global oil supplies and marks a dangerous new phase in US-Iran tensions that could disrupt energy markets worldwide.
The US and Iran launched tit-for-tat strikes on commercial vessels, intensifying their maritime conflict in a critical shipping lane. This direct military confrontation raises the stakes for both nations and could trigger a broader regional conflict that impacts global trade.
Israeli airstrikes in Lebanon resulted in at least four deaths, continuing cross-border military operations in the region. The attacks signal ongoing instability along Israel's northern border and risk expanding the conflict beyond current flashpoints.
Lululemon's stock crashed 17% after the athletic apparel giant cut its financial forecast just as it prepares for a CEO transition. The combo of weak guidance and leadership change has investors spooked about whether the brand can maintain its premium positioning amid consumer spending pressures.
Tesla shares dropped 6% following a federal safety investigation into its autonomous Cybercabs, which lack traditional steering wheels and pedals. The probe threatens Elon Musk's robotaxi vision and could delay or derail Tesla's pivot from selling cars to operating an autonomous ride-hailing service.
Wall Street is getting nervous about Republicans' midterm prospects, partly because major retailers like Home Depot and McDonald's are signaling economic weakness that could hurt the party in power. When bellwether companies struggle, it often translates to voter dissatisfaction that can flip elections.
Bad Bunny's Super Bowl halftime performance dominated the Emmy Awards, taking home seven trophies for the spectacle. The sweep underscores how the halftime show has evolved into prestige entertainment and cements Bad Bunny's crossover appeal in mainstream American culture.
Actor Bruce Campbell disclosed he has approximately five years left to live after a cancer diagnosis, sharing the sobering news with fans. The beloved cult icon's announcement has resonated deeply with the horror community and sparked conversations about mortality and legacy in Hollywood.
Dolly Parton's sister Stella is combating AI-generated misinformation circulating after false reports of her death spread online. The incident highlights how quickly deepfakes and AI content can create confusion, even around living public figures, and the challenge families face fighting digital falsehoods.