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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
The market is underpricing the possibility of a coronavirus vaccine, according to Goldman Sachs strategists. See full story.
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.
Quicken Loans is going public: 5 things to know about the mortgage lender
Quicken has been the largest mortgage lender in the U.S. since 2018. See full story.
$30 to watch ‘Mulan’ on Disney+ is either outrageous or an amazing deal, depending on who you ask
Many social media users are furious over Disney’s streaming plan for the live-action ‘Mulan’ remake See full story.
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.