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NewsWatch: Jobless claims dip to 266,000

MARKETWATCH FRONT PAGE

Initial claims for unemployment benefits declined in the most recent week, and hovered below a key threshold for the longest stretch since 1970. See full story.

Why the only way is up for this weird market

With the S&P 500, the only direction to be thinking about is up, says our call of the day. And if you’re keeping one eye on the record-shattering action in Rio, and the other on this unprecedented market, you might be getting it exactly right. See full story.

How to find a great place to live or make yours one

Journalist Melody Warnick has written a terrific book that could help you find your best place to live — or help you make your current community a better place to live.

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