NewsWatch: Jobless claims fall almost 250,000 to 1.19 million to mark new pandemic low

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MARKETWATCH FRONT PAGE

Initial jobless claims fell in early August for the first time in three weeks and touched the lowest level since the coronavirus pandemic began more than four months ago, a surprising decline that suggest some improvement in the labor market despite an increase another viral outbreak. New applications for unemployment benefits, a rough gauge of layoffs, sank by 249,000 to 1.19 million. See full story.

The market is underpricing the possibility of a vaccine, Goldman Sachs strategists say

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Facebook, Twitter remove Trump posts for making ‘false claims’ about coronavirus

The post was a video clip from a Fox News interview with Trump about reopening schools, in which he wrongly claimed children are “virtually immune” to COVID-19. See full story.

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$30 to watch ‘Mulan’ on Disney+ is either outrageous or an amazing deal, depending on who you ask

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MARKETWATCH PERSONAL FINANCE

‘Part of me doesn’t want to give him a discount since I work so hard and long hours, and he just hangs around being picky about work. Is that wrong of me?’ See full story.