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US markets trending upward on last trading day of the week

For week, stocks up, market volatility collapsed as investors concerns eased about inflation, tighter monetary policy.

Jobless claims remain higher than economists expected

411,000 unemployment claims filed last week

Oil prices rise, with Brent holding ground at a 2 1/2-year high

Oil futures headed slightly higher on Thursday, with global benchmark Brent crude holding ground at its highest price since October 2018, as investors gauged signs of strengthening demand and kept an eye on any potential response to recent price rises by OPEC+.

Tesla mania vs. economic reality

Tesla is now more valuable than the combination of the world’s top seven traditional auto makers, despite only delivering half a million cars this year.

US Services Sector Unexpectedly Plunges In June As Manufacturing Survey Hits Record High

Despite the serial disappointment in hard economic data, 'soft' survey data has continued to soar in 2021 but analysts expected today's Markit PMIs to retrace some of those gains.

Google to face another legal challenge as EU launches antitrust probe into its advertising unit

The European Commission has started a new investigation into Alphabet’s Google to determine if the US tech titan favored its own online display ad technology services, breaching European Union antitrust regulations.

Quartz, NYT vets launch new media company about work

Quartz co-founders Kevin Delaney and Jay Lauf, along with New York Times veteran Erin Grau, are launching a new media and services company called "Charter" that is centered around the future of work, the founders told Axios.

Dow roars ahead, snapping five-day losing streak

Fed Chairman Powell will testify on the economy Tuesday

China’s central bank calls for tougher measures on digital currencies

The People’s Bank of China has held talks with a number of Chinese banks and financial institutions, urging them to thoroughly screen clients’ accounts for cryptocurrency transactions, and cut relevant payment links.

Households can earn $25 per hour for NOT working

'Nearly beyond dispute that supplemental unemployment benefits are reducing employment'

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