Coronavirus updates: Washington can’t reach a stimulus deal; New York green lights fall school reopening

Business

Two of Washington’s most powerful lawmakers told CNBC they believe Congress will strike a coronaviurs relief package, although the timing is still unknown. Congress and the Trump administration have struggled to strike an aid agreement for several days, even as key relief benefits expired. While negotiations continue, markets await July’s employment data, which is expected to show 1.48 million jobs added during the month, amid rising infection rates and renewed virus-related shutdowns. The economy added 4.8 million jobs in June.

The following data was compiled by Johns Hopkins University:

  • Global cases: More than 19.11 million 
  • Global deaths: At least 715,163
  • U.S. cases: More than 4.88 million 
  • U.S. deaths: At least 160,104

Products You May Like

Articles You May Like

Earnings season kicks off soon and results could be better than feared
What the post-coronavirus workplace might look like
British royal family faces nearly $45 million shortfall due to the coronavirus
Disney leads companies announcing layoffs; big airline job cuts loom
New F1 CEO will need to address future of U.S. Grand Prix in Austin as racetrack deal set to expire after 2021 season

Leave a Reply

Your email address will not be published. Required fields are marked *