In the week ending August 5, the advance figure for seasonally adjusted initial claims was 244,000, an increase of 3,000 from the previous week’s revised level of 241,000, the Labor Department reported. The four-week moving average was 241,000, a decrease of 1,000 from the previous week’s revised average of 242,000.

The average interest rate for a 30-year fixed-rate mortgage is 3.90%, down from 3.93% one week ago, according to Freddie Mac. The average interest rate for a 15-year fixed-rate mortgage is 3.18%, unchanged from one week ago.

Thursday, the Dow lost 204.69 points (0.93%) to finish at 21,844.01, the NASDAQ closed 135.46 points (2.13%) lower at 6,216.87, and the S&P 500 decreased 35.80 points (1.45%) to 2,438.22. The Russell 2000 was down 24.40 points (1.75%) at 1,372.54, and the Wilshire 5000 fell 382.41 points (1.49%) to 25,251.87. 

The price of the 10-year Treasury note was up 10/32, decreasing its yield to 2.205%. The price of the 30-year Treasury bond increased 29/32, bringing its yield down to 2.781%.

And now it’s time for FRIDAY FILES!

In Sioux City, Iowa, a man entered a bank to make a deposit. But, what he handed the teller was a $1 million bill. Police were called and they asked the man if he had any more of the bills. When he reached in his pocket, a baggie fell out that contained illegal drugs. He was arrested. 

In New York City, two men faced the same judge in the same court room on the same day. But, that’s not all they had in common—both men are named Martin Shkreli, not a common name. According to the Associated Press, one is accused of deceiving investors in two failed hedge funds; the other is best known for raising the price of a life-saving drug by 5,000%.

In Hamden, Connecticut, a 13-year-old boy was awakened by an unpleasant surprise. A skunk had climbed into bed with him. Police say the skunk apparently got into the home when it climbed through a hole in a trash can and a resident brought the can inside, the Associated Press reports. An animal control officer said he arrived “to the poignant smell of skunk, which emanated throughout the house.”

In Perth, Australia, a woman went to the hospital because of upper abdominal cramping. According to the Australian Broadcasting Corporation, at first, doctors thought the pain was caused by her gall bladder and sent her home after it stopped. But two days later, the woman returned to the hospital and doctors did a CT scan on her. They found a wire-shaped object in her small intestine. Doctors performed emergency surgery on the woman and removed a 2.8-inch-long piece of orthodontic wire from braces the woman had removed 10 years ago that had pierced through several parts of the small intestine, causing the organ to twist around itself.

In Providence, Rhode Island, a 19-year employee of The Miriam Hospital was working the laundry room last month when he noticed $50 and $100 bills billowing out of an open dryer. He gathered up $9,100 in all and turned it over to administrators, who made sure it was returned to an unnamed patient. He will be honored by the hospital’s president later this month.

In New York City, Frito-Lay is opening a pop-up eatery with a menu full of Cheetos-themed cuisine. The Spotted Cheetah opens its doors in lower Manhattan for just three days next week. Some of the dishes on the three-course menu created by chef Anne Burrell include Cheetos Crusted Fried Pickles, Mac n’ Cheetos and Cheetos Sweetos Crusted Cheesecake. Prices run from $8 to $22 per dish. According to the Associated Press, Frito-Lay says recipes created by fans inspired the company to “bring a full Cheetos culinary experience to life.” The Spotted Cheetah is completely booked for its brief run that begins Tuesday, but Cheetos fans can add their names to an online waitlist.

Have a wonderful weekend, everyone!