Walmart reported blockbuster Q2 earnings. Photo: Diego Herculano/NurPhoto via Getty Images

Walmart saw its largest sales growth in 10 years in the second quarter of 2018, executives said in an earnings call Thursday. Boosting those sales numbers was strong U.S. e-commerce sales, which ballooned 40%, and growth in grocery sales. Walmart's stock jumped about 10% on the news, CNBC reports.

Why it matters: Walmart has heavily invested in efforts to take on Amazon in online shopping, including a recent redesign of its website, and this Q2 earnings report reveals that their investment may be paying off. The company's successful report is also a good sign for retailers after many prominent stocks — including Macy's, JCPenney, Nordstrom, and Kohl's — plummeted Wednesday after Macy's reported no sales growth in Q2.

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Updated 25 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2 p.m. ET: 32,647,382 — Total deaths: 990,473 — Total recoveries: 22,527,593Map.
  2. U.S.: Total confirmed cases as of 2 p.m. ET: 7,053,171 — Total deaths: 204,093 — Total recoveries: 2,727,335 — Total tests: 99,488,275Map.
  3. States: U.S. reports over 55,000 new coronavirus cases.
  4. Health: The long-term pain of the mental health pandemicFewer than 10% of Americans have coronavirus antibodies.
  5. Business: Millions start new businesses in time of coronavirus.
  6. Education: Summer college enrollment offers a glimpse of COVID-19's effect.

America on edge as unrest rises

Louisville on Wednesday. Photo: Jon Cherry/Getty Images

Rarely have national security officials, governors, tech CEOs and activists agreed as broadly and fervently as they do about the possibility of historic civil unrest in America.

Why it matters: The ingredients are clear for all to see — epic fights over racism, abortion, elections, the virus and policing, stirred by misinformation and calls to action on social media, at a time of stress over the pandemic.

Bryan Walsh, author of Future
4 hours ago - Health

The long-term pain of the mental health pandemic

Illustration: Sarah Grillo/Axios

A less visible but still massive trauma caused by the coronavirus is becoming clear: our mental health is suffering with potentially long-lasting consequences.

Why it matters: Mental health disorders that range from schizophrenia to depression and anxiety exert a severe cost on personal health and the economy. Addressing that challenge may require out-of-the-box solutions.