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MARKETWATCH FRONT PAGE
Nearly 1.51 million people applied for traditional jobless benefits in mid-June as the historic pace of layoffs slowed for the 10th straight week, but the high number of people still seeking financial aid suggests a second wave of layoffs may be crashing over the economy and stunting a an embryonic recovery. See full story.
Fund manager who spotted the stay-at-home trend two years ago has his eye on these stocks now
Our call of the day comes from a fund manager who didn’t see the current pandemic coming, though his portfolio shows he was a couple of years ahead of the game. Here’s what he’s banking on, going forward. See full story.
How Brazil’s uncoordinated approach to COVID-19 gave the country the second-highest death toll in the world
Latin America’s biggest economy remains far-off flattening its infection curve, with experts projecting that the country could see 165,000 deaths by August. See full story.
Wirecard shares plunge after saying auditor can’t find billions of missing cash
Shares in Wirecard lost half their value as the German payment processor said on Thursday its auditor can’t find evidence for a quarter of the cash on its balance sheet. See full story.
Trump asked China’s Xi to buy U.S. farm products to help him win re-election, Bolton book says
President Donald Trump asked Chinese President Xi Jinping to buy U.S. farm products in order to help him win agricultural states in the November election, according to a new book by former national security adviser John Bolton. See full story.
MARKETWATCH PERSONAL FINANCE
This fear exists ‘especially among vulnerable workers with the least bargaining power, such as Black and Hispanic workers and low- and middle-income workers.’ See full story.
