In this file photo the Wall Street street sign is seen on March 23, 2020 in New York City. — AFP pic
“The recovery appears to be stalling as jobless claims rose for the first time since March and as continuing claims remain elevated,” said Edward Moya at OANDA, calling the data from the United States “downbeat.” Republicans have been struggling to come up with a bill to counter a US$3.5 trillion Democrat proposal, fanning concerns they will not pass a measure ahead of their August break.However, media reports said Republican Senate majority leader Mitch McConnell would soon unveil a US$1 trillion plan after overcoming some differences with the White House.
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