U.S. President Donald Trump signs H.R. 748, the CARES Act in the Oval Office of the White House on March 27, 2020 in Washington, DC.Erin Schaff…

Spencer Platt | Getty ImagesThe unemployment rate in the U.S. improved last month as millions of people returned to the workforce.But the official 13.3% unemployment rate,…

U.S. President Donald Trump speaks during a news conference in the Rose Garden at the White House June 05, 2020 in Washington, DC.Chip Somodevilla | Getty…

The New York Stock Exchange (NYSE) is pictures on May 26, 2020 at Wall Street in New York City.Johannes Eisele | AFP | Getty ImagesStocks ended…

CNBC’s Diana Olick breaks down the spike in mortgage rates. Read More: Mortgage rates spike on shocking jobs report

Matt Marfoglia, a waiter at the Tasting Kitchen in Los Angeles, was furloughed in March. Enhanced unemployment benefits are helping him make ends meet financially, but…

A view of the Wall Street street sign with the New York Stock Exchange during the coronavirus pandemic on May 25, 2020 in New York City.Noam…

Workers back on the job at the construction site of new towers near Government Center in downtown Boston on May 19, 2020.Lane Turner | The Boston…

The U.S. economy created jobs at a record clip in June as more restaurants and bars resumed operations, further evidence that the COVID-19 recession might be…

Stocks rallied on Friday after an unexpected surge in U.S. jobs raised hope that the economy is starting to recover from the coronavirus pandemic.The Nasdaq Composite became the…