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MARKETWATCH FRONT PAGE
U.S. stocks open modestly lower Thursday as jobless claims rose for the first time in weeks, even as Senate Republicans and the White House announced progress toward providing additional funds to help businesses and individuals stricken by the impact of the COVID-19 pandemic. The $1 trillion aid proposal must now be negotiated with Democrats. See full story.
Jobless claims did not rise last week, contrary to what you read
Look at actual numbers, not those that are seasonally adjusted, given how coronavirus has disrupted the economy’s normal ebbs and flows. See full story.
Elon Musk doesn’t want Tesla to be ‘super profitable’ as it soars toward a $300 billion valuation
Tesla Inc. Chief Executive Elon Musk, who heads a company with a valuation approaching $300 billion, doesn’t want his electric vehicle maker to be “super profitable.” See full story.
There’s growing evidence that Microsoft will overtake Salesforce in its core business within three years
Today’s users want both simplicity and seamless integration—which they get from Microsoft, not Salesforce. See full story.
From nanny services to ‘private educators,’ wealthy parents are paying up to $100 an hour for ‘teaching pods’ during the pandemic
Well-resourced parents are hiring tutors, nannies and ‘private educators’ to supplement or replace remote learning, the latest example of how the pandemic is exposing longstanding inequities in U.S. education. See full story.
MARKETWATCH PERSONAL FINANCE
Ziad Nasreddine, the doctor who invented the test, told MarketWatch, ‘It’s supposed to be easy.’ See full story.
