Job Market Picture Clouded by Boost in Covid-19 Cases
The employment report, based on survey data largely collected in mid-June, won't reflect recent government-mandated business closures and related layoffs.
U.S. Stock Futures Tick Up Ahead of Jobs Report
S&P 500 futures edged higher ahead of June employment figures that will offer insights into the health of the American labor market.
Brace for an Autumn of Discontent
Investors need to recalibrate their expectations of what the economy will look like through the end of the year.
Coronavirus Surge Strains Municipal Bonds, but Investors Still Pile In
The recent surge in Covid-19 cases has brought more bad news for a municipal bond market already reeling from the impact of shutdowns and record unemployment, but some investors are seeing opportunity
Fed Debated Options to Provide More Economic Support
Federal Reserve officials reviewed how to design more support for an economy reeling from the coronavirus pandemic after they had earlier cut interest rates to zero and sharply expanded their asset portfolio, minutes from their most recent meeting show.
Hong Kong Security Law Means It's No Longer Business as Usual
The breadth of the law and rapidly deteriorating relations between China and the West raise the prospect that international businesses or their employees could eventually become targets.
U.S. Daily Coronavirus-Case Count Crosses 50,000
New coronavirus cases in the U.S. rose above 50,000, a single-day record, as some states and businesses reversed course on reopenings and hospitals were hit by a surge of patients.
House Passes $1.5 Trillion Infrastructure Bill
The House passed a broad, $1.5 trillion effort to rebuild the nation's roads, railways and schools, as Democrats pursued their own infrastructure legislation without the bipartisan deal discussed for years during the Trump administration.
Saudis Threaten New Oil-Price War With OPEC Brethren
Saudi Arabia has threatened to ignite an oil-price war unless fellow OPEC members make up for their failure to abide by the cartel's recent production cuts.