CNBC Economy

To find a V-shaped recovery from the economic wreckage of the coronavirus pandemic, look to the nation's single-family homebuilders.

The number of Americans who filed for unemployment benefits rose more than expected last week as the country continues to grapple with the economic impacts of the coronavirus pandemic.

U.S. retail sales increased more than expected in June, but the budding economic recovery is being threatened by a resurgence in new Covid-19 infections and high unemployment.

June retail sales are expected to have gained 5.2% as the economy reopened, but sales could have trailed as the coronavirus outbreak worsened.

A new report in the peer-reviewed medical journal The Lancet expects the global population to peak at 9.7 billion by the year 2064.

Dallas Federal Reserve President Robert Kaplan said the U.S. economic growth will accelerate next year as the country rebounds from the coronavirus crisis.

U.S. consumer prices rebounded in June after three straight monthly declines as businesses reopened, but the underlying trend suggested inflation would remain muted and allow the Federal Reserve to keep injecting money into the ailing economy.

The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.

A sharp decline in the supply of existing homes for sale, increasing consumer preference for brand-new, high-tech homes with all the amenities for working and schooling, as well as an accelerating flight to the suburbs and exurbs, made for remarkable housing demand in June.

These five charts illustrate trends in important industries that help track reopening progress in the U.S.

Surging coronavirus cases are showing up in both a slowdown of current economic activity as well as future plans, according to real-time data tracking things like job listings, dining out and vacations.

"If we all wore a mask, it would substantially mute the transmission of this disease and we would grow faster," he added.

U.S. producer prices unexpectedly fell in June as the economy battles depressed demand amid the Covid-19 pandemic.

Data from staffing firms that track hourly employees show job growth may have stagnated or even declined in recent weeks.

Weekly jobless claims were lower than expected last week as workers slowly returned to their jobs in the wake of rising coronavirus cases.

"Over the past week or so, there's been some leveling off, and I think it's probably due to the increase in cases not only in Ohio but across the country," Mester said.

Atlanta Federal Reserve Bank President Raphael Bostic said the U.S. economic recovery is in danger of stalling due to the recent spike in coronavirus cases across many American states.

The Federal Reserve has a role to play in ending systemic racism, in the view of the central bank's first Black regional president

The bank's economists now see third-quarter gross domestic product rising by 25% on an annualized basis.

Stocks rose on Thursday following a better-than-expected U.S. jobs report as the economy tries to recover from the coronavirus pandemic.