The survey of new orders for long-lasting goods contains one of the most closely watched U.S. economic indicators. WSJ explains durable goods, and why investors look beyond the headline number for a better read on business activity.
Photo: Josie Norris/The San Antonio Express-News
The Economist discusses latest news on Hong Kong postponing elections, the potential sale of popular video app Tik Tok to Microsoft, and other world news.
Lawmakers are back on the hill negotiating the next trillion dollar relief package for the struggling economy. Meanwhile, COVID-19 cases surge in 40 states. Finally, an update on the clash between protesters and police in Portland, Oregon.
Economists have long used letters of the alphabet like V and U to describe economic recoveries. But the coronavirus downturn is so different from past recessions that economists are coming up with new shapes to describe the potential recovery. WSJ explains.
