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federalnewsnetwork.com: Update on the latest in business:

Read Full Article Here: https://federalnewsnetwork.com/government-news/2020/07/update-on-the-latest-in-business-69/

FINANCIAL MARKETSStocks drift lowerNEW YORK (AP) — Wall Street is drifting lower after mixed reports on the economy highlighted its uncertain path, including one showing that layoffs continue at a stubbornly steady pace.

The nation’s largest retailer, Walmart, announced this week that masks would be mandatory in all stores starting Monday.

The stagnant economic recovery in the face of the coronavirus pandemic is keeping inflation tamped down despite pent-up homebuying demand.

AMERICAN AIRLINES-JETBLUEAmerican, JetBlue in new partnershipDALLAS (AP) — American Airlines and JetBlue are striking a new partnership designed to help them both in New York and Boston.

American and JetBlue say the deal announced Thursday will let them recover more quickly from the coronavirus pandemic once air travel picks up.

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