Fresh Today

Fresh Today

WASHINGTON–As various factions on Capitol Hill debate a fourth stimulus package, a group of economists with the Aspen Institute’s Economic Strategy Group have put fourth their own plan for supporting the economic recovery that is tied to the strength of the rebound and not to any specific date.

ARLINGTON, Va.—Total retail sales surged 17.7% in May, marking the biggest monthly jump on record and a big rebound from April. But it should also be noted April was the first full month of the pandemic lockdown in most of the U.S., causing retail sales to plunge.