FILE PHOTO: An employee routinely sanitizes server trays at a reopened restaurant after restrictions to prevent the spread of coronavirus disease (COVID-19) are eased in Bloomfield Hills, Michigan, USA, 8 of June 2020. REUTERS / Emily Elconin / File Photo WASHINGTON (Reuters) – Activity in the US service industry rebounded …
Read More »Amid strong job growth in June, signs of a US recovery.
(Reuters) – The US economic recovery, After two months of faster-than-expected job gains, may stumble as a surge in new coronavirus infections prompts states to delay and, in some cases, reverse plans to allow stores to reopen and activities to resume. FILE PHOTO: Hundreds of people line up in front …
Read More »United States consumer spending recovers; falling revenue, rising COVID-19 cases looming
WASHINGTON (Reuters) – US consumer spending rebounded in the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to further decrease as Millions lose their unemployment checks starting next month. The surge in spending reported by the Commerce Department …
Read More »United States consumer spending recovers; falling revenue, rising COVID-19 cases looming
WASHINGTON (Reuters) – US consumer spending rebounded in the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to further decrease as Millions lose their unemployment checks starting next month. The surge in spending reported by the Commerce Department …
Read More »United States consumer spending recovers; falling revenue, rising COVID-19 cases looming
WASHINGTON (Reuters) – US consumer spending rebounded in the largest amount on record in May, but earnings are unlikely to be sustainable as revenue will decline and is expected to further decrease as Millions lose their unemployment checks starting next month. The surge in spending reported by the Commerce Department …
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