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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