Day: July 31, 2020

Financial News for the week of July 31, 2020

Financial News for the Week of July 31, 2020

FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Real GDP fell by an historic 9.6% in the second quarter (32.9% annualized), led by declines in spending on services as the economy locked down in March and April. The fall was deep but short. Spending rebounded…