https://www.reuters.com/article/us-usa-economy-idUSKCN24H1ZD

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WASHINGTON (Reuters) - U.S. retail sales increased more than expected in June, but the budding economic recovery is being threatened by a resurgence in new COVID-19 infections and high unemployment. The Commerce Department said on Thursday retail sales rose 7.5% last month. That was on top of the 18.2% jump in May, which was the biggest gain since the government started tracking the series in 1992. Economists polled by Reuters had forecast retail sales advancing 5% in June. Retail sales have rebounded as businesses resumed operations after being shuttered in mid-March in an effort to slow the spread of the coronavirus. But new cases of the respiratory illness have exploded, especially in ... Full story

16 July

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