However, growing evidence suggests that sales could be slowing
Hiring slowed sharply in manufacturing, construction and health care services
The decline in GDP in Q2 marked the sharpest such drop on record
The announcement comes as the U.S. struggles to control the coronavirus
Groups like hospitals and educational institutions will be included
New projects are still at risk due to pandemic hotspots
The five big Wall Street banks set aside more than $30B in Q2 to cover loans
Retail gains in recent months may be short-lived
However, the central bank has slowed its purchases in recent weeks
The change will allow banks to make investments in various areas of venture capital