Financial Daily Dose 3.12.2021 | Top Story: Jobless Claims Dip But Still Bolster Case for Newly Signed Covid Relief Package | Robins Kaplan LLP

Financial Daily Dose 3.12.2021 | Top Story: Jobless Claims Dip But Still Bolster Case for Newly Signed Covid Relief Package | Robins Kaplan LLP

Thursday’s weekly unemployment report managed to pull double duty—marking another decrease in the still-high figures (roughly 709k new jobless claims last week, about 47k fewer than the week before) that suggests some cause for optimism while giving the President plenty of fuel to justify the massive Covid relief bill he signed into law yesterday afternoon, a day ahead of schedule – NYTimes and WSJ and Marketplace

Solid debut for South Korean e-commerce giant Coupang, which saw shares rise 41% from their opening price, netting the company $4.6 billion and a valuation of $85 billion – NYTimes and WSJ and TechCrunch

Go ahead and add “Chinese tech folk hero” to the long list of…

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