Top Stories this PM: Biden rebukes Boris; half of unemployment benefits stolen; Zuck wants to WFH, too

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Good evening. Here are the top stories so far today.

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What happened today: 

When Biden met Boris. President Joe Biden began his eight-day trip to Europe by issuing an extraordinary rebuke to British PM Boris Johnson for “inflaming” tensions in Ireland and Europe over Brexit. Biden’s visit also includes the G7 summit and a highly anticipated meeting with Russian President Vladimir Putin.

$400 billion stolen. A fraud detection service told Axios that up to 50% of unemployment money may have been stolen during the pandemic. Scammers often steal personal information to withdraw money from bank accounts. We need more modern technology to catch these fraudsters, officials said.

It’s a bad time to buy a used car. The consumer price index, a key inflation gauge, rose by 0.6% in May, the Bureau of Labor Statistics said. Prices rose as rebounding demand butted heads with various supply shortages. The biggest jump was for used cars and trucks, up 7.3%.

Zuck (probably) prefers working in sweatpants, too. Facebook founder Mark Zuckerberg told staff that he plans to WFH for half of the next year because it makes him “happier and more productive,” the WSJ reported. This is your signal to namedrop Zuck if your boss asks you to return to the office.

Sorry, Trump, but Doral’s just not that into you. Doral, a city in South Florida, voted to ban casinos this week in an apparent attempt to stop the former president from building one there. Trump has been exploring the option of adding a casino to the Trump National Doral Miami, his golf resort.

  Book of the week: Material Girls

That’s all for now. See you tomorrow.

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Source:: Business Insider


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