Why a Hot U.S. Job Market Cooled in June

P.M. Edition for July 2. The U.S. economy added fewer jobs than expected in June, changing investors’ expectations for a July interest-rate hike. We hear from Journal economics reporter Harriet Torry about a missing World Cup bump in hospitality jobs. Plus, WSJ energy reporter Jennifer Hiller explains how heat waves are taxing the U.S. electric grid. But at least we have AC. High temperatures across the Atlantic are making some Europeans reconsider their longstanding rejection of air conditioning. And after months of sluggish performance, Tesla sales jumped in the second quarter. Alex Ossola hosts. Video: Trump Loyalty Demands Set Stage for Tense NATO Summit   Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices