Jobless claims for last week were roughly in line with expectations as the coronavirus pandemic continues to ravage the U.S. economy.

Jobless claims for last week were roughly in line with expectations as the coronavirus pandemic continues to ravage the U.S. economy.

To find a V-shaped recovery from the economic wreckage of the coronavirus pandemic, look to the nation’s single-family homebuilders.
U.S. retail sales increased more than expected in June, but the budding economic recovery is being threatened by a resurgence in new Covid-19 infections and high unemployment.
Weekly jobless claims were lower than expected last week as workers slowly returned to their jobs in the wake of rising coronavirus cases.
Atlanta Federal Reserve Bank President Raphael Bostic said the U.S. economic recovery is in danger of stalling due to the recent spike in coronavirus cases across many American states.