Economy Week Ahead: Factories, Trade and Jobs 
 

The U.S. jobs report for July will cap a full week of data that should shed light on the global pace of recovery from the recession triggered by Covid-19.


 
Fed Weighs Abandoning Pre-Emptive Rate Moves to Curb Inflation 
 

The U.S. central bank is preparing to effectively abandon its strategy of pre-emptively lifting interest rates to head off higher inflation, a practice it has followed for more than three decades.


 
Democratic, Administration Negotiators at Loggerheads Over $600 Jobless Benefit 
 

Democrats and Republicans remained at odds in weekend negotiations on a new coronavirus economic relief package, including aid to replace the federal $600-a-week boost to unemployment benefits that expired Friday.


 
U.S. Coronavirus Cases Rose to Monthly Record in July 
 

The death toll passed 154,000 nationwide, and White House coronavirus coordinator Dr. Deborah Birx said the pandemic is more pervasive in the country than at any other time.


 
Bitcoin Is Riding High Again as Investors Embrace Risk 
 

The market boom that pushed stocks, bonds and commodities to their best combined four-month spurt in decades has found its way into the most notoriously volatile and speculative asset on the planet: bitcoin.


 
July Jobs Data Will Provide Clues on Strength of the Recovery 
 

Friday's report will show whether the labor market's healing continued or sputtered amid rising Covid-19 cases and deaths.


 
U.S. Stocks Close Higher Amid Rally in Tech Shares 
 

The Dow industrials and S&P 500 came back to post Friday gains, while Apple soared 10% after Thursday's earnings highlighted the resilience of their operations during the coronavirus pandemic.


 
Coronavirus Cases Rise in Europe as Youth Hit Beaches and Bars 
 

Young people are letting loose across Europe, fueling a surge in coronavirus infections that is imperiling hard-won gains against the pathogen.


 
Behind the Vast Market Rally: A Tumbling Dollar 
 

The dollar has made a sharp U-turn this summer following a long rally, confounding many traders, but potentially adding fuel to this year's surprising stock-market rebound.


 
Russia Aims to Begin Mass Vaccinations Against Covid-19 in October 
 

Russia plans to roll out a Covid-19 vaccine to the general population starting in October, hoping to be the first country to start mass vaccinations against a virus that has killed more than 679,000 people world-wide.