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MARKETWATCH FRONT PAGE
‘I honestly don’t know what the fairest way is as each one has very different outcomes. We’re trying to be civil and do this without attorneys.’ See full story.
U.S. jobless claims fall to 385,000 as unemployment shrinks despite rise of delta
The number of people who applied for U.S. unemployment benefits at the end of July fell close to a pandemic low, indicating the economy has avoided major damage so far from the delta strain of the coronavirus. See full story.
The brief history of meme stocks like GameStop suggests betting against Robinhood is foolhardy
From a disastrous IPO to a new meme hero? Our call of the day from VandaTrack says the push higher for Robinhood could be going places. See full story.
Senators move to exempt bitcoin, crypto miners from proposed U.S. tax rules
Supporters of the crypto industry in the U.S. Senate filed an amendment to the bipartisan infrastructure bill, which would impose new tax-reporting rules on crypto brokers, to make clear that miners and providers of crypto services would not fall under the bill’s requirements. See full story.
Uber revenue doubles, but adjusted loss weighs on stock
Uber Technologies Inc. on Tuesday reported that it swung to a profit in the second quarter, and that gross bookings and revenue doubled year over year, but investors still drove its stock down in extended trading. See full story.
MARKETWATCH PERSONAL FINANCE
Over 165 million Americans are now fully vaccinated, but many of those who haven’t received their shots remain skeptical. See full story.
