Weekly jobless claims have fallen to their lowest level since 1969 — the year the U.S. first landed men on the moon — signaling a historically tight labor market.
Rising sales and an ongoing labor shortage are the primary factors deterring employers from cutting jobs, keeping layoffs unusually low.
The data points to an economy where businesses are holding onto workers even as broader economic pressures persist.
🇺🇦 Trump Envoys to Make First Kyiv Visit for Peace Talks
U.S. President Donald Trump's top peace envoys are set to visit Kyiv for the first time, Ukrainian Acting Foreign Minister Andrii Sybiha confirmed.
Sybiha said Ukraine welcomes greater U.S. engagement, stating that a just peace and credible security guarantees cannot be achieved without Washington's involvement. The visit is aimed at reviving stalled peace negotiations to end the war with Russia.
⚖️ Democrats Call on Rep. Max Miller To Resign Over Abuse Probe
Leaders of the Democratic Women's Caucus called Wednesday for Rep. Max Miller (R-Ohio) to resign as the House Ethics Committee investigates domestic abuse allegations made by his ex-wife.
DWC Chair Rep. Teresa Leger Fernández (N.M.) and vice chairs Reps. Hillary Scholten (Mich.) and Emilia Sykes (Ohio) issued the call, citing the alleged abuse as grounds for Miller's departure from Congress. Miller has not resigned.
President Trump said Tuesday that the U.S. and Iran are close to a deal to reopen the Strait of Hormuz, a critical global oil-shipping corridor. "It could happen. Tomorrow or the next day," Trump said, speaking after arriving in Los Angeles for a Republican National Committee fundraising event.
Trump indicated significant progress had been made in negotiations, though no agreement has been finalized. The Strait of Hormuz carries roughly 20% of the world's oil supply, making its status a major factor in global energy markets.
🏛 Gallego Bill Would Require Parental Consent for Under-16 Social Media Accounts
Sen. Ruben Gallego (D-Ariz.) is introducing legislation requiring social media platforms to obtain parental permission before users under 16 can create or maintain accounts.
The bill would set the most significant federal restriction on social media companies operating in the U.S., raising the minimum age threshold by at least three years compared to current requirements on some platforms.
The measure marks a renewed push in Congress to regulate minors' access to social media, an issue that has drawn bipartisan attention in recent sessions.
⚡ Big Oil Posts Massive Profits as Iran War Disrupts Energy Markets
Major oil companies are recording large profits as conflict in Iran disrupts global energy markets, driving oil and gasoline prices sharply higher.
The Strait of Hormuz remains closed, a critical chokepoint for global energy supply, amplifying the market impact of the fighting and pushing costs higher across the sector.
🗳 Michigan Hosts Democrats' Most Expensive Senate Primary Ever
Voters in Michigan and several other states are heading to the polls Tuesday in primary contests seen as early indicators of party direction ahead of November's midterm elections.
Michigan's Democratic Senate primary has become the most expensive in the party's history, drawing national attention. NBC's Steve Kornacki is providing analysis of the key races.
The results are expected to offer early signals about voter priorities and internal party dynamics before the general election.