For months, the 27 European Union countries have struggled to agree on whether pandemic relief to countries should be through grants or loans that have to be repaid. India resumes some flights to the US and France.
Retail sales are up, but the numbers reflect a time before all of the new COVID-19 cases. U.S. manufacturing also surged in June, automakers were the biggest winners. And, sports betting has carried on creatively even with many leagues paused.
China reports that its economy grew 3.2% in the second quarter from the same time last year. For June, economists expect retail sales numbers will be up again. We’ll find out this morning. And, Americans fight food insecurity during COVID-19.
The European Court of Justice struck down an existing EU-U.S. data transfer mechanism over privacy concerns. China’s economy has avoided a recession. How can the venture capital world tackle its diversity problem?
Inside the push-pull contrast between vaccine hopes and states shutting down parts of their economies again. Will demand for oil recover? What does OPEC think? And, NBCUniversal’s new streaming service, Peacock, is launching widely today.
Before men’s pro basketball restarts on July 30, everyone is quarantining in a “bubble” at Disney World. What is that costing the NBA? Plus, an EU court rules on Apple’s taxes. And, the July 15 tax deadline is here.
The European Commission had demanded Apple pay nearly $15 billion in back taxes. It could still appeal this verdict. Could Seoul take over as Asia’s financial hub? India’s trash collectors are at risk from COVID-19 waste.
A spike in consumer inflation for June is driven by increasing gas and grocery prices. The optimism of those who run small businesses jumped in June, but will that endure? And, domestic workers are fighting for more protections in California.
