Economic Indicators

The framework is expected to extend — but reduce substantially — just-expired expanded unemployment benefits, send a fresh round of $1,200 stimulus check to American adults earning less than $75,000 in August and funnel tens of billions of dollars in aid to schools and universities.  

Officials have warned this month in speeches and interviews that the economy faces a deeper downturn and more difficult recovery if the country doesn't take more effective action to slow the spread of infection.

Markets could receive a shock this week when the government issues its first estimate of GDP for the April-June quarter.

"Unemployment benefits are essential," former U.S. International Trade Commission Chief Economist Peter Morici said on Sunday regarding what he thinks should be included in the next coronavirus stimulus bill.

In an interview with "Sunday Morning Futures" host Maria Bartiromo, Bridgewater Associates Founder Ray Dalio warned of a potential capital war if the United States government bans investment in China or withholds its bond payments to the country.

The two months of sales gains followed two months of sharp declines in sales in March and April as much of the country went into lockdown.

Sparc's offer will be subject to higher and better bids due by Aug. 5 and has been designated as the "stalking horse," setting a minimum for others to beat.

Initial jobless claims for the week ended July 18 rose by 1.416 million, raising the total number of first-time filings to more than 52 million since COVID-19 stay-at-home orders began.

The treasury secretary said President Trump’s request for a payroll tax cut will not be included in the fourth coronavirus stimulus bill, while hinting a fifth package could be on the horizon.

It marks the 18th week in a row that initial claims came in above 1 million.

Three members of the Dow will report earnings on Thursday

Deep disagreements over the scope of the $1 trillion in federal aid remain

Census Bureau data shows that approximately 12 million adults live in households that were unable to make their last rent payment.

Former Reagan economic adviser Art Laffer told “America’s Newsroom” on Tuesday that he spoke with President Trump on the phone the day before about a payroll tax cut and said he thinks it’s “a perfect way to really reignite the economy” by “creating jobs, output and employment.”

Tuesday's earnings include Coca-Cola and Lockheed Martin

The EU reached a consensus on a 750 billion euro coronavirus fund to be sent as loans and grants to the countries hit hardest by the virus

Many Americans say they would have a hard time covering a small, unexpected expense.

The sweetened benefits are set to expire next week and the typical unemployment check, which varies by state, will return to below $400 per week.

Under the plan, schools, businesses and frontline health care workers could only be found liable for damages in cases of gross negligence and intentional misconduct.

Mnuchin appeared to back a proposal from U.S. banks and others who have said the massive lending program should see loans under $150,000 automatically turned into grants.