Here's why this summer's jobs reports might seem underwhelming

The jobs recovery has slowed since last year's buoyant rebound. And now a summer lull may be upon us before the return to in-person schooling in September allows more people to return to work.

News: What you need to know about the markets     Here's why this summer's jobs reports might seem underwhelming The jobs recovery has slowed since last year's buoyant rebound. And now a summer lull may be upon us before the return to in-person schooling in September allows more people to return to work. Read more »   Stocks pop as solid jobs report soothes investor fears Investors breathed a huge sigh of relief following the May jobs report Friday. Stocks rallied as the numbers told a classic Goldilocksian, not too hot or too cold, story about the state of the economy. Read more »   Bitcoin tumbles after Elon Musk tweets breakup meme The price of bitcoin sank on Friday after Elon Musk appeared to lament the end of his relationship with the cryptocurrency. Read more »   China's stronger currency means difficult choices for Beijing China's yuan is stronger than it has been since the start of the US-China trade war. Read more »   AMC's stock is up 2,000% this year. But the theater chain's problems aren't solved AMC's comeback, and then some — its stock price surged to a record high on Wednesday — has been fueled by Reddit's army of retail investors as well as some legitimate good news about customers returning to movie theaters. But that doesn't mean that AMC and the rest of the industry's inherent problems are solved. Read more »   Why Republicans' main attack on Biden's infrastructure plan doesn't work Since Covid-19 erupted last spring, Washington came to the rescue with more than $5 trillion of fiscal stimulus. That unprecedented rescue effort helped prevent the economy from plunging into a depression. Read more »

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