NewsWatch: Jobless claims dip to 1.48 million, but slow decline signals choppy economic recovery

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MARKETWATCH FRONT PAGE

New applications for traditional jobless benefits fell slightly last week to 1.48 million, but they remain stubbornly high three months after the start of the coronavirus pandemic and signal that a fledging economic recovery is likely to be uneven. See full story.

Race for a COVID-19 vaccine has drug makers scaling up manufacturing — before one is developed

Inovio Pharmaceuticals Inc. has yet to share results from the Phase 1 trial for its COVID-19 vaccine candidate, but has already received millions of dollars in funding to scale up manufacturing capacity. See full story.

Gold and silver penny stocks could be the next Robinhood trader obsession, says this portfolio manager

Crescat Capital’s global macro analyst Otavio ‘Tavi’ Costa thinks we are in the early stages of a major bull market for precious metals, and that is good news for one unloved group of stocks. See full story.

Making sense of the new July 15 deadline for filing — and paying — your taxes

Warning: extending a return past July 15 does not extend the due date for paying any taxes due. See full story.

AAA expects cheapest summer gasoline prices since 2016

American drivers are likely to pay the cheapest summer cost for gasoline in four years, according to a forecast released by motorist and leisure travel group AAA on Thursday. See full story.

MARKETWATCH PERSONAL FINANCE

The state legislature advanced a measure that will put the state’s ban on affirmative action on the ballot. See full story.

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