US construction spending fell 2.1% in May
Home building dropped 4% with construction of single-family homes down 8.5%.
US private sector added 2.37M jobs in June, ADP says
The data is typically a good indicator of what to expect in the more closely watched jobs report from the Labor Department.
Stock futures trade lower following best Wall Street quarter since 1998
The S&P gained nearly 20 percent in the quarter
Mnuchin says remaining $135B in PPP fund could be repurposed
The remaining $135 billion in the PPP may be repurposed as the economic fallout from the pandemic continues, Treasury Secretary Steven Mnuchin said Tuesday.
Fed bought debt from Walmart, McDonald’s, Berkshire Hathaway and Microsoft as part of coronavirus response
A transaction list disclosed by the U.S. central bank on Sunday shows the first individual company bond purchases it's made through the secondary market corporate credit facility.
US consumer confidence beats expectations in June
The Conference Board said on Tuesday its consumer confidence index rose to a reading of 98.1 this month from a downwardly revised 85.9 in May.
PPP set to expire with $134 billion left over as Congress weighs next steps
On Tuesday, the final day for small businesses to apply for a forgivable loan through the Paycheck Protection Program, there remains $134 billion in the fund. What happens to the money now?
Biden pledges to roll back Trump's tax cuts: 'A lot of you may not like that'
The Trump administration permanently slashed the corporate tax rate from 35 percent to 21 percent with the passage of the 2017 Tax Cuts and Jobs Act.
Stock futures limp into final trading session of the quarter
Wall Street is aiming for a positive quarter
China's June factory activity quickens, but exporters struggle amid pandemic
The 50-point mark separates expansion from contraction on a monthly basis
Second coronavirus stimulus check under consideration: How did first $1,200 payment affect economy?
The massive government response to the outbreak of the virus and subsequent economic lockdown helped the poverty rate to remain mostly unchanged, new research shows.
US airlines face prolonged recovery from coronavirus pandemic, Goldman predicts
U.S. traffic trends have been slower to resume as a result of a resurgence of COVID-19 cases in the country.
SBA expected to release names of PPP loan recipients this week
The SBA is expected to release a tranche of data on Thursday revealing which business owners received PPP loans.
Small businesses seeking coronavirus relief have until June 30 to apply for PPP loan
Small businesses can apply for the money through their local bank, so long as it's an approved SBA lender, or through any federally insured depository institution, federally insured credit union and Farm Credit System institution that is participating.
Trump’s reelection is about jobs: Steve Bannon
Steve Bannon says to get reelected, President Trump needs to focus on jobs.
US jobs recovery plateaus as coronavirus case surge threatens economy
The number of unemployed Americans filing for jobless benefits dropped almost imperceptibly last week, evidence the job markets recovery is slowing
As US emerges from coronavirus pandemic, economy will see 'little interruptions,' Ross says
Ross said it's natural to see some interruption to economic activity as the U.S. begins to reopen from the coronavirus-induced shutdown
US consumer spending up 8.2%, partly erasing record plunge
Last month's rebound in consumer spending followed spending drops of 6.6% in March and 12.6% in April, when the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a recession.
Stock futures give back gains following bank stress-test rally
Traders will get the latest personal income and spending numbers for May
US airline CEOs to hold White House meeting
Vice President Pence will host the meeting with other U.S. officials.


















