The U.S. economy added 4.8 million jobs in June — but a resurgence of Covid-19 cases could slow progress
The output of motor vehicles plunged 97.7%
The application process has changed
Despite the increase, risks to the economic outlook are tilted to the downside, economist says
People who use an advisor have more savings and contribute more to the economy, according to a report
The 5% drop was the sharpest quarterly decline since Q4 of 2008
The annual contraction will be the worst since post-WWII
Home prices are expected to bounce back eventually, but the timing of a recovery is uncertain
The additional cost to the program depends heavily on the outlook for the economy
The economic should start to rebound in Q3, but the bounce back won’t last, Macklem says