Wall Street Climbs Ahead of Fed Announcement Led by Big TechWall Street Climbs Ahead of Fed Announcement Led by Big TechThe S&P 500 was 0.9% higher in early afternoon trading, while Treasury yields were holding steady and gold touched another record high.Associated PressAssociated Press
Wyoming U.S. Senator: No More Shutdowns For COVID-19Wyoming U.S. Senator: No More Shutdowns For COVID-19He said the country can continue to reopen schools and businesses safely despite the continuing pandemic.Doug RandallDoug Randall
Mnuchin Urges Swift Aid Bill; ex-Fed Chairs Want Bigger DealMnuchin Urges Swift Aid Bill; ex-Fed Chairs Want Bigger DealFormer Federal Reserve Chairs Ben Bernanke and Janet Yellen say Congress should do more to help the economy.Associated PressAssociated Press
IMF: US Economy Will Drop 6.6% in 2020 in Face of PandemicIMF: US Economy Will Drop 6.6% in 2020 in Face of PandemicThe IMF expects the U.S. economy to rebound to 3.9% growth next year.Associated PressAssociated Press
Bankers Say Economy Remains Weak in Rural Parts of 10 StatesBankers Say Economy Remains Weak in Rural Parts of 10 StatesAny score below 50 suggests a shrinking economy, while a score above 50 suggests a growing economy.Associated PressAssociated Press
Layoffs Stuck at High Level as 1.3 Million Seek Jobless AidLayoffs Stuck at High Level as 1.3 Million Seek Jobless AidFifteen other states have suspended their re-openings.Associated PressAssociated Press
Biden Proposes $700 Billion-Plus ‘Buy American’ CampaignBiden Proposes $700 Billion-Plus ‘Buy American’ CampaignBiden’s plan is expected to be announced Thursday.Associated PressAssociated Press
US Adds 4.8 Million Jobs as Unemployment Falls to 11.1%US Adds 4.8 Million Jobs as Unemployment Falls to 11.1%The nation has now recovered roughly one-third of the 22 million jobs it lost to the pandemic recession.Associated PressAssociated Press
Survey: Companies Added 2.4 Million Jobs in JuneSurvey: Companies Added 2.4 Million Jobs in JuneSmall businesses reported the largest gain.Associated PressAssociated Press
Jobless Claims and Depressed Economy Show Damage From VirusJobless Claims and Depressed Economy Show Damage From VirusThe latest figure also coincides with a sudden resurgence of COVID-19 cases in the United States.Associated PressAssociated Press