Some of Friday’s top business news stories:
Associated Press
Another jump in prices tightens the squeeze on US consumers, by Martin Crutsinger
US unemployment claims fall to 376,000, sixth straight drop, by Paul Wiseman
CNN
Home equity grew by $2 trillion in the first quarter, by Anna Bahney
Serious cyberattacks in Europe doubled in the past year, new figures reveal, as criminals exploited the pandemic, by Nick Paton Walsh
The Wall Street Journal
Amazon Faces Possible $425 Million EU Privacy Fine, by Sam Schechner
Tesla Introduces Upgraded Model S to Jump-Start High-End Model Sales, by Rebecca Elliott
CNBC
Millennial millionaires have a large share of their wealth in crypto, CNBC survey says, by Robert Franck
Back-to-school spending likely to top pre-pandemic levels as parents and kids seek a fresh start, by Melissa Repko
Reuters
Detroit becomes ‘Jeep City’ with first new auto plant in 30 years
Archer’s flying taxi makes splashy debut in heated market
News about business journalism
Bloomberg Businessweek wins Ellie for single topic issue
San Antonio Biz Journal editor Quesada is leaving
Union says Bloomberg Industry Group not willing to negotiate return to work
Saskatchewan biz news site hires Lozinski
How Quartz uses newsletters to get paying members
WSJ’s Deng wins Livingston Award for international reporting
Bergeron joins Reorg as municipals reporter
