Retail sales jumped by nearly 18% in May, more than double the forecasts. Federal Reserve Chair Jerome Powell starts two days of congressional testimony today. And, in our Reimagining the Economy project, the case for a job guarantee.

The Supreme Court rules Title VII protects LGBTQ people from discrimination in hiring and on the job. Plus, Chesapeake Energy, a pioneer of the shale oil and gas revolution, is reportedly readying its bankruptcy filing.

Crew changeover delays at major shipping hubs have led some seafarers to threaten to put down their tools. China faces fresh economic pressure from a new COVID-19 outbreak. A slump in oil demand is expected through 2021. 

The pandemic has closed casinos, a major economic engine for Native American tribes. Money out of the stock market following news of a COVID-19 outbreak in Beijing and infection increases in U.S. states. Bankrupt Hertz is flooding the used-car market.

The White House is worried that the extra $600 a week in unemployment benefits makes not working too attractive. The new head of the U.S. Postal Service. And, how COVID-19 is reshaping the response to domestic violence.

As non-essential stores in England open for the first time in three months, the boss of bookseller Barnes & Noble and Waterstones explains how quarantining books works. Investors worry about a potential second wave of COVID-19 infections.

Employees are crowdsourcing donations to social justice groups, which their employers matching. Plus, a roller-coaster week on Wall Street, a new number on consumer sentiment and spikes in new COVID-19 cases. And, household debt increased in the first quarter.

The stock market’s biggest drop since March. A big part of the Republican National Convention is moving from Charlotte, North Carolina, to Jacksonville, Florida. Calls to change the measure that lets police departments get surplus military hardware and supplies.

The U.K.’s economy shrank by 20.4% in April, the sharpest contraction since records began. Asian and European stocks follow Wall Street down on fears of a second wave of the coronavirus. And, Sony has revealed its new Playstation 5.