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2. A heatwave is sweeping across the western United States, with temperatures reaching record highs in several states. Cities like Phoenix and Las Vegas are experiencing temperatures well above 100 degrees Fahrenheit, leading to concerns about heat-related illnesses and wildfires.

3. The unemployment rate in the United States has dropped to 5.8%, the lowest level since the start of the COVID-19 pandemic. The economy added 559,000 jobs in May, with gains in sectors like hospitality, education, and healthcare.

4. The Tokyo Olympics will proceed without international spectators, as Japan continues to grapple with the COVID-19 pandemic. The decision was made to prioritize the safety of athletes, officials, and local residents.

5. Scientists have discovered a new species of dinosaur in Chile, named Arackar licanantay. The dinosaur lived over 66 million years ago and belongs to the group of theropods, which includes the Tyrannosaurus rex. This discovery sheds light on the diversity of dinosaurs in ancient South America.

Read more at 1. Tesla announces record-breaking quarterly profits, surpassing expectations with $438 million in net income. – CNBC

2. Apple unveils new iPhone 13 models with improved cameras and longer battery life. – Wall Street Journal

3. Amazon faces antitrust probe from EU over potential misuse of seller data. – Reuters

4. Facebook parent company Meta sees drop in daily active users, sparking concerns among investors. – Barchart

5. Federal Reserve signals plans to start reducing bond purchases in November, citing strong economic recovery. – CBS MarketWatch: Crypto Billionaire Changpeng Zhao Calls Prison A ‘Bad Experience,’ Reveals What A Prison Guard Told Him When He Was Processed