Pinterest Shares Fall as U.S. Monthly Average Users Decline

Pinterest reported Thursday second-quarter net income of $69.4 million, compared with a loss of $100.7 million a year earlier. Photo: Gabby Jones/Bloomberg News Shares of Pinterest Inc. PINS -6.01% fell more than 14% in after-hours trading, as the online sharing platform said

U.S. Jobless Claims Projected to Resume Decline

Worker filings for jobless benefits are projected to have resumed a decline last week after stalling out in mid-June. Economists surveyed by The Wall Street Journal estimate that new jobless claims for the week ended June 26 decreased to a seasonally adjusted