Delta variant

Goldman Sachs Lowers US Growth Forecast Amid COVID-19 Delta Variant and Fading Fiscal Support

Economists at Goldman Sachs Group Inc. have lowered their forecast for growth in the U.S. economy this year for a second time.

Gas Prices Surge to Fresh 7-Year High

The American Automobile Association said it expects gas prices to remain elevated at least through the beginning of August.

Unemployment Claims Fall to New Pandemic-Era Low But Remain Historically High

Initial filings for unemployment insurance, a proxy for layoffs, came in at 385,000 for the week ended July 31, a drop of 14,000 over the previous week's revised level, the Labor Department said in a release Thursday.