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July 7, 2020
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June

CNBC - Real Estate

Commercial mortgage delinquencies surged at record monthly rate in June

CNBC Real Estate
Pedestrians walk past commercial real estate in Manhattan. Michael Nagle | Bloomberg | Getty Images Delinquencies in commercial mortgage-backed securities last month had their largest one-month surge since Fitch Ratings began tracking the metric nearly 16 years ago. The delinquency rate hit 3.59% in June, an increase from 1.46% in......
New York Times - Politics

Why June Was Such a Terrible Month for Trump

New York Times
WASHINGTON — Last Saturday night, over dinner at the White House, Bernard Marcus, a top Republican donor, told President Trump he was alarmed at Mr. Trump’s plummeting poll numbers and Jared Kushner’s stewardship of his father-in-law’s re-election effort. Mr. Trump sought to assuage Mr. Marcus’s concerns, assuring the billionaire Home......
CBS US News

U.S. adds nearly 5 million jobs in June

CBS News
CBS News – For more and to sign up click here Watch CBSN Live The U.S. added 4.8 million jobs in June, a record-setting gain. The unemployment rate fell to 11.1%, according to the Labor Department. But that good news comes with a big catch. Adriana Diaz reports. Copyright ©......
CNBC Business

June jobs report beats expectations—Five experts on what it means for the economic recovery

CNBC
CNBC – For more and to sign up click here Stocks moved higher on a strong June jobs report, though concerns of a rising number of coronavirus cases in the U.S. lingered. Here are five experts on what the jobs report says about the road to recovery. Austan Goolsbee, former......
CBS US News

Joe Biden out-raises President Trump in June

CBS News
CBS News – For more and to sign up click here Watch CBSN Live Joe Biden and the Democratic National Committee raised more money in June than President Trump and the Republican National Committee. CBS News 2020 campaign reporters Nicole Sganga and Bo Erickson have the latest on the race......
Sports Illustrated - MMA

NBA Announces 25 Positive COVID-19 Tests Since June 23

Sports Illustrated
SI – For more and to sign up click here Michael Shapiro The NBA and NBPA announced on Thursday that 25 players have tested positive for COVID-19 since testing began on June 23. 351 players were tested by the NBA. An additional 10 team staff members tested positive after 884......
New York Times - Politics

After June Job Gains, Still a ‘Deep Hole,’ and New Worries

New York Times
Economists say stories like Mr. Terzian’s drive home a central fact of the crisis: The economy can’t truly begin to recover until the pandemic is under control. Reopening quickly may bring back some jobs, but that rebound won’t last if increased activity brings more virus cases. “The virus drives the......
CBS US News

Amazon rainforest fires sharply increased in June – raising concerns about a repeat of last year’s devastation

CBS News
CBS News – For more and to sign up click here The number of fires in the Amazon jumped 20 percent this June compared to June last year, raising concerns that the rainforest could see a repeat of last year’s destructive fires. INPE, Brazil’s government space research agency, detected 2,248......
BBC - Business

US firms create record 4.8 million jobs in June

BBC
https://www.bbc.co.uk/news/business-53262848 Image copyright Getty Images The US economy created jobs at a record pace in June as firms took on more staff after the coronavirus downturn. Payrolls surged 4.8 million, the most since the Labor Department began keeping records in 1939, helped by the reopening of factories and restaurants. It......
CNBC Business

Job gain of 4.8 million in June smashes expectations; unemployment rate falls to 11.1%

CNBC
CNBC – For more and to sign up click here Nonfarm payrolls jumped by 4.8 million in June and the unemployment rate fell to 11.1% as the U.S. continued its reopening from the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had been expecting a 2.9......
New York Post

US economy adds 4.8 million jobs in June as coronavirus surges

NYPost
The US economy added a record 4.8 million jobs last month as the nation continued an economic rebound that’s now threatened by a surge in coronavirus infections, new data show. Thursday’s closely watched June jobs report showed a better-than-expected recovery in the labor market as states forged ahead with reopening......
New York Times - Politics

Biden Outraises Trump for Second Straight Month, With $141 Million June Haul

New York Times
Former Vice President Joseph R. Biden Jr. and the Democratic Party outraised President Trump and the Republicans for the second straight month in June, announcing a record haul of $141 million on Wednesday night only hours after Mr. Trump’s campaign had trumpeted his own $131 million total. Both of the......
CBS US News

Trump campaign and RNC raise $131 million in June

CBS News
CBS News – For more and to sign up click here President Trump’s reelection campaign announced it raised a record-breaking combined total of $131 million in the month of June, along with the Republican National Committee and joint fundraising committees and maintains a massive cash war chest heading into the......
CNBC Business

Jobs data for June could show strong rehiring ahead of the latest virus wave

CNBC
CNBC – For more and to sign up click here Customers dine outside at Via Carota restaurant in the West Village, New York City, June 26, 2020. Noam Galai | Getty Images Economists expect nearly 3 million jobs were created in June, as companies rehired workers they let go when......
CNBC Business

Private payrolls up 2.37 million in June; May revised up to 3.065 million gain from 2.76 million loss, ADP says

CNBC
CNBC – For more and to sign up click here A waitress wearing a mask helps customers at Cafe Luxembourg’s outdoor seating as the city moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 22, 2020 in New York City. Alexi Rosenfeld |......

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