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US retail sales jump 7.5% in June, but economy still ails
BALTIMORE (AP) — U.S. retail sales climbed a solid 7.5% in June, a sign that the economy was healing right before infections from the coronavirus spiked again and dragged down hopes for a steady recovery.
Rising coronavirus infections threaten US economic recovery
BALTIMORE (AP) — Rising coronavirus infections across dozens of states are threatening the U.S. economic recovery, forcing businesses and consumers to freeze spending and keeping the unemployment rate stubbornly high.
Bank of America sees recessionary impacts 'deep into 2022'
NEW YORK (AP) — Bank of America's second-quarter profits were sawed in half and the consumer banking giant set aside billions of dollars to cover potentially bad loans caused by the coronavirus pandemic.
Akinola's hat trick gives Toronto a 4-3 win over Montreal
LAKE BUENA VISTA, Fla. (AP) — Ayo Akinola scored three goals and Toronto FC beat Canadian rival Montreal 4-3 on Thursday night in the MLS is Back tournament
The Latest: Meadows tests positive, Moncada back from virus
The Latest on the effects of the coronavirus outbreak on sports around the world:
European Central Bank urges leaders to act on economy
FRANKFURT, Germany (AP) — The European Central Bank hit pause Thursday after deploying massive stimulus measures in recent weeks and urged government leaders to do their part by agreeing on an EU-wide fund to support regions hardest hit by the virus outbreak.
NHL's older coaches debate wearing masks, taking precautions
After two days behind a mask and off his skates, Rick Bowness returned to his natural habitat on the ice with air inside the rink blowing against his face.
Missouri's Drinkwitz takes side in mask-or-no-mask debate
COLUMBIA, Mo. (AP) — Eli Drinkwitz has been the head coach at Missouri for just over seven months.
Dr. Luke rebounds, thanks to Saweetie, Doja Cat, Juice WRLD
NEW YORK (AP) — Controversial music producer Dr. Luke was once pop music’s top hitmaker, crafting hits for virtually every female pop star, from Katy Perry to Kelly Clarkson to Britney Spears. He’s returned to the charts in 2020, working on songs for rising and established rap stars, including Lil Wayne, Juice WRLD, Saweetie and Doja Cat.
St. Thomas can go D1; Minn. school was ousted from D3 league
The NCAA gave the University of St. Thomas permission Wednesday to jump directly from Division III to Division I, the final clearance for a bold move born out of the Minnesota private school's
NCAA approves bowl eligibility adjustment for FCS victories
Major college football teams will be permitted to count two victories against second-tier Division I teams toward bowl eligibility this season.
CDC extends US ban on cruise ships through September
WASHINGTON (AP) — Federal health officials are extending the U.S. ban on cruise ships through the end of September as coronavirus infections rise in most U.S. states, including Florida.
Monday's Sports in Brief
NFL
Review: Laura Cortese mixes synthesizers and string music
Laura Cortese & the Dance Cards, "Bitter Better” (Compass Records)
NCAA lays out plan for playing but warns of surging pandemic
The NCAA handed down its latest guidelines for playing through a pandemic while also sounding an alarm: The prospect of having a fall semester with football and other sports is looking grim.
The Latest: Tigers' Boyd back after negative COVID test
The Latest on the effects of the coronavirus outbreak on sports around the world:
Crew advance to knockout round with 2-0 win over Red Bulls
LAKE BUENA VISTA, Fla. (AP) — Gyasi Zardes and Lucas Zelarayan scored for the Columbus Crew in a 2-0 victory over the New York Red Bulls on Thusday night to clinch a spot in the knockout round of the MLS is Back tournament.
Millennial Money: Is it OK to never have a credit card?
Thanks to quick online applications and, in some cases, instant approval, credit cards make it as easy to build your credit history as it is to make purchases. But they can also make it easy to fall into debt if you struggle to pay on time or tend to spend more than you have.