Retail sales were higher than expected in July.
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U.S. Jobless Claims Drop to Pandemic Low of 281,000
The number of Americans applying for unemployment benefits fell to a pandemic low last week, another sign that the job market and economy continue to recover from last year’s coronavirus recession.
Broad Gains for Stocks Push S&P 500, Nasdaq to Record Highs
Stocks closed broadly higher on Wall Street Thursday, marking more record highs for the S&P 500 and the Nasdaq.
Open Letter Demands Banks Better Prepare for Climate Change Economic Risks
A group of prominent academics and activists are calling on banks and insurers to avoid the kind of systemic collapse that crippled the world economy back in 2008.
SpaceX Needs to Tame Toilet Trouble Before Weekend Launch
SpaceX is resolving toilet spills in its capsules before it launches another crew for NASA. Liftoff is currently set for early Sunday from Florida's Kennedy Space Center.
Stocks End Lower on Wall Street, Easing Back From Records
Stocks faded in the last hour of trading and ended mostly lower Wednesday, a day after the S&P 500 and the Dow Jones Industrial Average set their latest record highs
FDA Advisers Back Pfizer’s COVID-19 Vaccine for Young Kids
U.S. health advisers have endorsed kid-size doses of Pfizer's COVID-19 vaccine for younger children.
U.S. Consumer Confidence Rebounds in October After Three Declines
U.S. consumer confidence rose in October after three straight declines as the public’s anxiety about the delta variant of coronavirus appears to have abated.
New Home Sales Jumped 14 Percent in September
Sales of new homes jumped 14% in September to the fastest pace in six months as strong demand helped offset rising prices.
Facebook Froze as Anti-Vaccine Comments Swarmed Users
Last spring, as false claims about vaccine safety threatened to undermine the world's response to COVID-19, researchers at Facebook found they could reduce vaccine misinformation by tweaking how vaccine posts show up on users' newsfeeds.
