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NewsWatch: Unemployment claims fall to new pandemic low of 406,000 as layoffs wane

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New applications for regular unemployment benefits fell in late May for the fourth week in a row as the economic recovery from the waning coronavirus pandemic induced companies to hire more workers. Initial jobless claims sank 38,000 to 406,000. See full story.

Bitcoin and bonds won’t cut it. Buy these 6 types of assets for protection in a bear market, says strategist.

Just because a quiet summer for stocks may be in store, that doesn’t mean investors should kick back and relax in the sun just yet. Major risks to stocks remain. See full story.

CureVac’s COVID vaccine has important role to play in fighting variants, CEO says

CureVac’s CEO said the company’s experimental COVID-19 vaccine can still play an important role in the pandemic fight given the “rapid spread” of concerning variants. See full story.

I’m 49, my wife is 34, we have 4 kids and $2.3 million saved. I earn $300K a year but ‘lose a lot of sleep worrying about tomorrow’ — when can I retire?

Have a question about your own retirement savings? Email us at [email protected] See full story.

‘Extreme’ moves in bitcoin feed stock-market volatility, study finds

Big moves by bitcoin bleed over to the stock market, making the asset difficult for equity investors to ignore, according to a study by Singapore-based bank DBS. See full story.

MARKETWATCH PERSONAL FINANCE

In ‘Radical Curiosity: One Man’s Search for Cosmic Magic and a Purposeful Life,’ gerontologist Ken Dychtwald shares tips on how to live fully. See full story.

Market Snapshot: U.S. stock futures mostly lower ahead of jobless claims, GDP update

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