Fed chair Jerome Powell and Treasury Secretary Steven Mnuchin testify before congress. They say more targeted stimulus is needed. But another official says we might not need another relief bill.
The UK government announces new restrictions to curb the spread of the virus. But a hospitality group says the new measures could be devastating for the industry.
Americans’ total net worth hit a record high in the second quarter. It’s thanks to government aid and the stock market rally.
And U.S. home sales surge to their highest level in nearly 14 years. The housing market continues to outperform the overall economy.
