NewsWatch: Coronavirus update: U.S. sees biggest one-day spike in cases of COVID-19 as health experts urge caution for July 4 holiday

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The U.S. recorded the highest number of new cases of the coronavirus illness COVID-19 in a single day at more than 50,000 on Wednesday, according to data provided by Johns Hopkins University, amid a surge in several states that were first to reopen and lift restrictions on movement. See full story.

‘Still far from mission accomplished’ — economists react to June jobs report

The June jobs report on Thursday shows the U.S. economy added 4.8 million jobs last month, with the unemployment rate falling to 11.1% from 13.3%. Here are some initial reactions from analysts and economists. See full story.

Dow’s opening gains fade as investors weigh strong June jobs report against record rise in daily coronavirus cases

U.S. stocks punched higher Thursday as investors digested a stronger-than-expected monthly employment report amid rising numbers of new coronavirus cases. See full story.

Fed warns stock market of a second recession if the coronavirus pandemic isn’t brought under control

The Federal Reserve is a lot more worried about the economy than the stock market or the president are. See full story.

After months of speculation, investors get excited about Pfizer, BioNTech’s coronavirus vaccine candidate

The path to a COVID-19 vaccine has started to come into view this week, following the stock-moving disclosures of preliminary clinical data for two candidates and a rigorous new regulatory road map from the Food and Drug Administration. See full story.


Economists now say the average rate on the 30-year mortgage could possibly drop below 3%. See full story.

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