Leading economic indicators

A stock trader, left, adjusts his mask as he enters the New York Stock Exchange, Thursday, July 30, 2020. Strong gains for Big Tech stocks are helping to prop up Wall Street in early Friday trading following blowout profit reports from some of the market’s most influential companies. (AP Photo/Mark Lennihan)
July 31, 2020 - 5:21 pm
NEW YORK (AP) — Big Tech continues to steamroll through the pandemic, and strong gains for some of the market’s most influential companies on Friday helped Wall Street close out its fourth straight winning month. The S&P 500 rose 24.90 points, or 0.8%, to 3,271.12 following blowout profit...
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House Speaker Nancy Pelosi of Calif. smiles while speaking at a news conference on Capitol Hill in Washington, Friday, July 31, 2020. (AP Photo/Andrew Harnik)
July 31, 2020 - 2:42 pm
WASHINGTON (AP) — The White House and its GOP allies appear to be retreating from their opposition to a $600 per week supplemental unemployment benefit that has propped up both the economy and family budgets but is expiring Friday. President Donald Trump is plainly eager to extend the benefit,...
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FILE - In this Nov. 4, 2019, file photo a worker prepares a piece of Cat construction equipment made by Caterpillar to be lifted off a trailer at the Port of Tacoma in Tacoma, Wash. Caterpillar Inc. reports financial results Friday, Jan. 31, 2020. (AP Photo/Ted S. Warren, File)
July 31, 2020 - 6:59 am
Caterpillar's sales tumbled 31% in the second quarter as dealers culled construction equipment from showrooms during the pandemic. Dealers decreased machine and engine inventories by about $1.4 billion during the three-month period, compared with an increase of about $500 million a year earlier...
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President Donald Trump, Treasury Secretary Steven Mnuchin, White House Chief of Staff Mark Meadows talk before Trump speaks with reporters on the South Lawn of the White House, Wednesday, July 29, 2020, in Washington. Trump is en route to Texas. (AP Photo/Alex Brandon)
July 30, 2020 - 11:49 pm
WASHINGTON (AP) — With aid expiring, the White House offered a short-term extension Thursday of a $600 weekly unemployment benefit that has helped keep families and the economy afloat during the COVID-19 pandemic, but Democrats rejected it, saying President Donald Trump’s team failed to grasp the...
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A shopper passes a display window with mask covered mannequins at a dress store, Thursday, July 30, 2020, in McAllen, Texas. (AP Photo/Eric Gay)
AP Newsroom
July 30, 2020 - 5:37 pm
WASHINGTON (AP) — The coronavirus pandemic sent the U.S. economy plunging by a record-shattering 32.9% annual rate last quarter and is still inflicting damage across the country, squeezing already struggling businesses and forcing a wave of layoffs that shows no sign of abating. The economy's...
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A man lifts his arm as he walks by the New York Stock Exchange, Thursday, July 30, 2020. Stocks are falling on Wall Street Thursday after reports showed that layoffs are continuing at a stubborn pace and that the U.S. economy contracted at a nearly 33% annual rate in the spring. (AP Photo/Mark Lennihan)
July 30, 2020 - 4:08 pm
NEW YORK (AP) — Wall Street closed broadly lower Thursday, but another indefatigable rise for big tech stocks helped the market trim its losses from earlier in the day. The S&P 500 lost 0.4%, and nearly three quarters of the stocks in the index fell. Among the hardest-hit were banks, oil...
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Currency trader watch computer monitors near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, July 30, 2020. Asian stocks advanced Thursday after the U.S. Federal Reserve left interest rates near zero to support a struggling economy. (AP Photo/Lee Jin-man)
July 29, 2020 - 11:49 pm
BEIJING (AP) — Asian stocks advanced Thursday after the U.S. Federal Reserve left interest rates near zero to support a struggling economy. Benchmarks in Shanghai, Tokyo, Hong Kong and Seoul all gained. Lower interest rates and investor optimism about a possible coronavirus vaccine have helped...
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FILE - In this March 3, 2020 file photo, Federal Reserve Chair Jerome Powell speaks during a news conference to discuss an announcement from the Federal Open Market Committee, in Washington. On Thursday, Aug. 26, Powell will address the Fed's annual gathering of global central bankers, normally held in Jackson Hole, Wyo., but this time being conducted virtually. (AP Photo/Jacquelyn Martin, File)
July 29, 2020 - 5:27 pm
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday that the viral epidemic is endangering the modest economic recovery that followed a collapse in hiring and spending this spring. As a result, he said, the Fed plans to keep interest rates pinned near zero well into the future...
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FILE - In this July 15, 2020, file photo, job seekers exercise social distancing as they wait to be called into the Heartland Workforce Solutions office in Omaha, Neb. A Republican proposal to slash the $600 weekly benefit boost for those left jobless because of the coronavirus shutdown could result in weeks or even months of delayed payments in some states. (AP Photo/Nati Harnik, File)
AP Newsroom
July 28, 2020 - 10:30 pm
A Republican proposal to slash the $600 weekly benefit boost for those left jobless because of the coronavirus shutdown could result in weeks or even months of delayed payments in some states. Older computer systems that took weeks to set up for the initial federal unemployment enhancement would...
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House Speaker Nancy Pelosi of Calif., left, and Senate Minority Leader Sen. Chuck Schumer of N.Y., speak to the media, Tuesday, July 28, 2020, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 28, 2020 - 7:24 pm
WASHINGTON (AP) — A day of shuttle diplomacy on Capitol Hill over a coronavirus aid package produced few results Tuesday, with stark differences between the $3 trillion proposal from Democrats and $1 trillion counteroffer from Republicans as millions of Americans' jobless benefits, school...
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