Nov 20, 2017

Justice League disappoints in its opening weekend

Gal Gadot at Justice League's Los Angeles premiere. Photo: Chris Pizzello / Invision / AP

Justice League, the tentpole "team up" movie of the DC Comics movie universe, opened to a discouraging $96 million over the weekend, per Variety. The Superman-Batman-Wonder Woman get-together is one of the most expensive movies of all time with a rumored budget of $300 million.

Why it matters: It's a terribly disappointing result and the lowest opening weekend for DC's fledgling movie universe, which has been plagued by bad reviews and tepid audience reception. Wonder Woman, which opened to $103 million in June on half the budget, had appeared to give the franchise momentum earlier this year, but Justice League couldn't even land in the top 50 opening weekends of all time.

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Unemployment rate falls to 13.3% in May

Data: Bureau of Labor Statistics; Chart: Axios Visuals

The U.S. unemployment rate fell to 13.3% in May, with 2.5 million jobs gained, the government said on Friday.

Why it matters: The far better-than-expected numbers show a surprising improvement in the job market, which has been devastated by the coronavirus pandemic.

The difficulty of calculating the real unemployment rate

Data: U.S. Department of Labor; Note: Initial traditional state claims from the weeks of May 23 and 30, continuing traditional claims from May 23. Initial PUA claims from May 16, 23, and 30, continuing PUA and other programs from May 16; Chart: Andrew Witherspoon/Axios

The shocking May jobs report — with a decline in the unemployment rate to 13.3% and more than 2 million jobs added — destroyed expectations of a much worse economic picture.

Why it matters: Traditional economic reports have failed to keep up with the devastation of the coronavirus pandemic and have made it nearly impossible for researchers to determine the state of the U.S. labor market or the economy.

2 hours ago - Sports

How coronavirus could reshuffle the sports calendar

Illustration: Eniola Odetunde/Axios

The NBA's Board of Governors approved Thursday the league's 22-team plan to resume play at Walt Disney World — a plan that also includes tentative dates for both this season and next.

Why it matters: The league's proposed trip to Disney World not only impacts this season but could have a domino effect that impacts seasons in the future — and could permanently change what time of year the NBA plays its games.