ET Retail Sales Rose and Jobless Claims Held Steady: Live Updates RIGHT NOW Mortgage rates fall to record lows, slipping below 3 percent. Retail sales rose 7.5 percent in June. — Sapna Maheshwari andThe latest weekly tally shows 1.3 million new state unemployment claims. Looking ahead, Beth Ann Bovino, chief U.S. economist at S&P Global, said there were growing questions about whether the bounce in retail sales in May and June would be fleeting. Earlier, China reported that its economy grew 3.2 percent in the second quarter, after contracting 6.8 percent in the first three months of 2020, but its retail sales numbers were weak.

Source: International New York Times July 16, 2020 10:27 UTC