US Retail Sales Likely Recovered Partly From Record Plunge
U.S. retail sales likely recovered somewhat last month as the economy increasingly reopened from shutdowns caused by the coronavirus and more shoppers felt confident enough to spend.
U.S. retail sales likely recovered somewhat last month as the economy increasingly reopened from shutdowns caused by the coronavirus and more shoppers felt confident enough to spend.
Many European countries are reopening borders to each other after three months of coronavirus closures, restoring freedom of movement that was interrupted abruptly in March.
The Federal Reserve says it will begin purchasing corporate bonds as part of a previously announced program to ensure companies companies can borrow through the bond market during the pandemic.
T-Mobile, one of the three largest mobile carriers in the U.S., says it’s working to fix widespread network issues.
An irony of the coronavirus pandemic is that the idyllic beach vacation in Mexico in the brochures really does exist now: The white sand beaches are sparkling çlean and empty on the Caribbean coast, the water is clear on the Pacific coast and the waters around the resort of Los Cabos are teeming with fish after 10 weeks with no boats going out.
State officials in California and Washington are reviewing Amazon’s business practices to determine whether the company is violating any laws with respect to the independent merchants that sell goods on its site.
Some federally recognized tribes have pushed ahead with plans to reopen their casinos despite opposition from governors who have little to no say in the matter.
Europe is taking a big step toward a new normality as many countries open up their borders to fellow Europeans after three months of coronavirus closures.
Stock markets are picking up following Wall Street’s steep sell-off the day before on worries over a possible “second wave” of coronavirus cases.
Meat production has rebounded from its low point during the coronavirus pandemic when dozens of plants were closed, but experts say consumer prices are likely to remain high.