America Went Shopping For Clothes Again In June U.S. stores and restaurants got a boost in June as retail sales jumped 7.5%. Spending on clothes doubled. But this was before a new surge in the coronavirus prompted renewed shutdowns in some states. Alina Selyukh
Sales Of Guns To First Time Owners Rise Amid COVID-19 Pandemic Gun sales have hit new records as the country grapples with a pandemic and protests. But unlike previous spikes, it's not gun enthusiasts driving sales, but rather first time gun owners. Chris Arnold
Nike Teams Up With Grateful Dead For New Shoe Release Nike's latest sneaker release features an odd collaboration. The Grateful Dead sneakers have suede and fake fur, dancing bears and the iconic skull logo inside the shoe.
How Racial Inequality Manifests In The U.S. Banking System. Black-owned financial institutions are a shrinking part of the U.S. financial system. NPR's podcast The Indicator from Planet Money looks at what that means for America's racial disparities. Darius Rafieyan
Racism Has An Economic Cost, Atlanta Fed President Warns Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta says his organization is committed to reducing racial economic inequities, which he says, is crucial to a stable economy. Emma Bowman
Oil Industry, Accustomed To Booms And Busts, Is Rocked By Pandemic When the price of oil crashes, oil companies often merge and big oil gets even bigger. So this crisis could be an opportunity for companies, but it comes with a tremendous amount of uncertainty. Camila Domonoske
It's Nice To Be Rich: Wall Street Is Raking In Profits In The Stock Market The economy is tanking, with massive layoffs and bankruptcies. But the richest sliver of the country continues to do quite well. The latest evidence: Goldman Sachs said it's raking in money on trades. Jim Zarroli
News Brief: Trump Addresses Race, U.S. COVID-19 Testing Goals, Federal Tax Deadline President Trump made divisive statements on race at his Rose Garden address recently. The U.S. wants to increase testing to control COVID-19. And, the Federal tax filing deadline approaches.
Coronavirus Costs Delta Air Lines Nearly $6 Billion In 2nd Quarter A sharp drop in air travel due to the pandemic cuts into Delta's bottom line, but the airline says it will continue to block out middle seats to create more distance between passengers. David Schaper
Stay-At-Home Improvement: DIY Builders Help Drive Up Lumber Prices With summer travel plans on hold because of the pandemic, a lot of Americans are putting money into projects around the house. That's taxing lumber supplies and pushing prices higher. Scott Horsley
