Fed to unveil bond-buying taper plan next month; jobless rate to fall slowly – Reuters
The Federal Reserve will announce a plan to taper its asset purchases in September, according to a solid majority of economists…
Business
Short-sellers have been the ‘secret ingredient’ to the market’s Covid rally, says Jim Cramer – CNBC
“Until something happens that truly panics the bulls … this is going to be a very tough environment for the shorts,” the “Mad…
EXCLUSIVE Apple’s child protection features spark concern within its own ranks -sources – Reuters
A backlash over Apple’s move to scan U.S. customer phones and computers for child sex abuse ima…
Stock futures are flat after S&P 500 closes at another record high – CNBC
The blue-chip Dow and the S&P 500 are on track to close out a winning week after gaining 0.8% and 0.6%, respectively.
Disney earnings exceed expectations as parks reopen and Disney+ grows – CNN
Theme parks are back, and that’s good news for Disney, which on Thursday reported better-than-expected earnings and a return…
Australian shares set to hit another record, as tech giants boost Wall Street to fresh high – ABC News
The Australian share market is set to end its week at a fresh high, for the eighth time since the month began, following another…
Reborn Lamborghini Countach leaked ahead of official reveal – Stuff.co.nz
The Lamborghini Countach has been leaked ahead of its official reveal, expected in the next couple of days.
Airbnb, DoorDash report earnings as COVID threatens to slow the IRL economy (again) – TechCrunch
Both companies were heavily impacted by the onset of COVID-19: Airbnb saw its revenues collapse in 2020, while DoorDash managed…
Business
Pret to restore staff bonus after workers threaten strike action – The Guardian
But coffee shop chain will no longer pay for break times as sales struggle to recover from the pandemic
SoFi stock falls after its first earnings report, as profit outlook comes up short – MarketWatch
Company doubles revenue in second quarter