The answer to that question has huge ramifications for the nascent economic recovery now underway. There are some early signs that the pickup in consumer spending could be stronger than anticipated. "We're encouraged with the signs, but I will tell you, it's still a very fluid environment," Kohl's CEO Michelle Gass said. Goldman Sachs will stop accepting new applications for its Marcus savings accounts in the United Kingdom on Wednesday following a surge in deposits. Coming tomorrow: Initial US unemployment claims for last week are expected to continue declining as the labor market shows signs of life.

Source: CNN June 10, 2020 12:00 UTC