Another 1.34 million Americans expected to have filed for unemployment benefits

Another 1.34 million Americans expected to have filed for unemployment benefits

More than three months into the COVID-19 crisis in the U.S., countless Americans are still unemployed. Thursday’s release of the weekly initial jobless claims data could show another week of claims exceeding 1 million. Economist surveyed by Bloomberg predict another 1.335 million Americans filed for unemployment benefits in the week ending June 30, following 1.51 […]
Retail sales in May expected to rebound amid COVID-19 pandemic

Retail sales in May expected to rebound amid COVID-19 pandemic

The May retail sales report will peel back the curtain on the health of the U.S. consumer amid one of the worst global pandemics in modern history. The consumer is expected to have rebounded following April’s record plunge in retail sales. While COVID-19 likely put...