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Jobless claims — aka layoffs — rise to 238,000 and stay near one-year high
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ABC News - Top stories
US filings for jobless claims inch up modestly, but continuing claims rise for ninth straight week
The number of Americans filing for unemployment benefits inched up last week, but remain at historically healthy levels despite elevated interest rates -
CNBC - Business
Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups
The unemployment rates rose for white, Black and Hispanic women but fell for their male counterparts. -
The Wall Street Journal - World
Gold Futures Near Two-week Highs on Hopes for US Rate Cuts
Gold futures rose, nearing a two-week high, amid growing investor optimism for a U.S. interest rate cut. -
Financial Times - World
India’s ‘passion for gold’ fades as prices hover near record high
Some brides switch to artificial jewellery, although richest consumers have not been put off -
The Hill - Politics
Extreme pride in being an American stays near record low: Gallup
Extreme pride in being an American has stayed near a record low, according to a new Gallup survey. The Gallup survey released shortly before the Fourth of July holiday found 41 percent of Americans polled said they are “extremely proud” of their ... -
NBC News - Top stories
L.A. to pay $21M to settle claims over botched fireworks detonation by police 3 years ago
Los Angeles will pay more than $21 million to settle claims by residents of a neighborhood where police bungled the detonation of a cache of illegal fireworks three years ago, injuring 17 people and displacing dozens of others. -
CNBC - Business
10-year Treasury yield falls after unemployment rate rises unexpectedly
U.S. Treasury yields held steady on Friday as markets reopened after the July holiday and investors awaited the latest nonfarm payroll data. -
Inc. - Business
AI Deals Push VC Funding Total to 2-Year High
While the number of investments isn't climbing, the huge amounts of capital needed for AI development drove the quarterly figure to $55.6 billion.Artificial Intelligence -
CNBC - Business
AI drive-thru ordering is on the rise — but it may take years to iron out its flaws
Artificial intelligence is closer than ever to taking down drive-thru orders, but fast-food restaurants like McDonald's show that the tech still needs time.
More from MarketWatch
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MarketWatch - Business
Is it possible to get a 5% mortgage rate? Yes, but here’s the catch.
Mortgage rates are hovering just below 7%, but there are ways for home buyers to get much lower rates. -
MarketWatch - Business
JPMorgan Chase, Citi and Wells Fargo earnings to follow relative strength in their stocks
U.S.’s largest banks draw investor support as havens from sector headwinds from commercial real estate woes. -
MarketWatch - Business
U.S. presidential election highlights biggest risk to a bond-market rally in the second half
Of all the wild cards in the months ahead for the $27 trillion Treasury market, an increasing U.S. government deficit is regarded as perhaps the greatest long-term risk facing the market right now because of its potential to translate into higher ... -
MarketWatch - Business
‘Any technology stock with an AI story is rising too far and too fast,’ this veteran trader warns
The market is in a huge tech-led bubble — but you’d be wrong to bet against it. -
MarketWatch - Business
Why this fund manager trimmed his Nvidia position — and has a warning about AI
Ken Laudan of Buffalo Funds has changed his opinion about how long it will take for “AI adopters” to make the technology useful.