Marketplace®

Daily business news and economic stories
Jul 1, 2021

A couple of reasons for investors to feel confident

Those two indicators are weekly jobless claims and oil prices. Unemployment claims dropped again, and crude oil prices are north of $75 per barrel, the highest since 2018. Plus, a record financial penalty for online brokerage Robinhood. Plus, as the Chinese Communist Party turns 100, how the worker-employer relationship has changed in China over the years. And, why corporations must look internally as well as externally to address social inequity.

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With more people on the move as economies reopen, oil prices will keep going up if demand outraces supply.
With more people on the move as economies reopen, oil prices will keep going up if demand outraces supply.
Paul Ratje/AFP via Getty Images

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Economic recovery evident in oil prices, jobless claims - Marketplace