More than 2 million Americans either filed unemployment claims or sought aid for the self-employed last week. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to talk about the new numbers and progress towards reopening the economy. Source
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Bubba Wallace praises NASCAR’s Confederate flag ban
“Props to NASCAR and everybody involved,” Wallace said after the ban. “It creates doors and allows the community to come together as one.” Source
Stocks fall on COVID-19’s spread, Fed’s cautious comments
Investors are worried that an increase in infections in some U.S. states could threaten the nation’s economic recovery. Source
Protests are a U.S. tradition, leading the way for social change since the country’s founding
Protests against police brutality have continued into a third week. “CBS This Morning” spoke with historians who detail how what’s going on around the nation is part of a grand American tradition. Source
In the last 12 weeks, over 44 million Americans have filed for unemployment
More than 1.5 million Americans filed for unemployment last week, bringing the total jobless claims to over 44 million in the last 12 weeks. CBS News business analyst Jill Schlesinger joins “CBS This Morning” to explain why weekly job losses continue despite a big gain in May and why the Labor Department’s own data is confusing. Source
How a pandemic, economic crisis, and racial issues converged in the U.S.
Americans are currently facing the convergence of a pandemic, economic crisis, and impassioned conversation about race. Elaine Quijano discusses this with CBS News correspondent Nikole Killion; CBSN political reporter Caitlin Huey-Burns; CBSN political contributor and Democratic strategist Joel Payne; and Republican strategist Joseph Pinion, for a special edition of “Red and Blue.” Source
Taylor Swift tweets about racial injustice
“Racial injustice has been ingrained deeply into local and state governments, and changes MUST be made there,” Swift said, sharing an essay by former President Obama. Source
NASCAR bans Confederate flag after calls from its only full-time black driver
After NASCAR’s only full-time black driver called for the association to ban the Confederate flag at its events, officials did just that. They said the flag was “contrary to an inclusive environment.” Jericka Duncan reports on the major policy shift. Source
Beijing confirms its first new coronavirus case in almost two months
Patient hospitalized and neighborhood locked down amid warnings of a 2nd wave weeks after COVID-19 restrictions were lifted across China’s capital. Source
U.S. eyes in the sky track risks of global reopening during the coronavirus pandemic
Catherine Herridge gets an inside look at the U.S. government’s eyes in the sky that capture satellite intelligence to help U.S. agencies and allies chart the way forward as new coronavirus hot sports crop up while countries reopen. Source