Dive In with Simran Sandhu

Investors prepare for a big week of corporate earnings and Federal Reserve data; CDC encourages schools to reopen in the Fall; Chinese operative pleads guilty for attempting to steal sensitive U.S. information; Rush Street Interactive plans to go public via merger; Simran Sandhu & Darian Phillips report.

Democratic lawmakers introduce new bill that would cancel student loan debt; Southwest Airlines posted a loss of nearly $1 billion; Initial jobless claims increase for the first time in nearly 4 months; Simran Sandhu & Darian Phillips report.

All major U.S. indexes experience slight increases; Chipotle quarterly earnings fell by 90% compared to prior year; Spotify announces licensing deal with Universal Music Group; Slack files antitrust complaint against Microsoft in the European Union; U.S. existing home sales increased by almost 21% in June; Simran Sandhu & Darian Phillips report.

President Trump nominees for the Federal Reserve Board receive approval from a Senate committee; Joe Biden proposes a $775 billion aid package for child care; U.S. accuses two Chinese hackers of stealing proprietary info from American firms studying the Coronavirus; Robinhood cancels plans for international expansion; Simran Sandhu & Darian Phillips report.

World Health Organization announces that a coronavirus vaccine could arrive as early as September; Jack Ma's Ant Group expected to pursue a dual IPO in Shanghai and Hong Kong; eBay plans sale of its classified-ads business; Corporations seek tax credit cash-out proposal from U.S. government; Simran Sandhu & Darian Phillips report.

U.S. reports 70,000 new coronavirus infections for the second consecutive day; Trump campaign turns to tele-rallies to avoid large gatherings; BlackRock reports a 21% increase in quarterly profits; Disney joins hundreds of other companies who have stopped advertising on Facebook; Simran Sandhu & Darian Phillips report.

U.S. reaches 3.5 million Coronavirus infections; Trump Administration considers new restrictions on China; Retail sales increase by 7.5%; Netflix names new Co-CEO and COO; American Airlines forms alliance with JetBlue; Simran Sandhu & Darian Phillips report.

Google adds new features to Gmail to attract more business users; Google invests $4.5 billion in Jio; American Airlines expects up to 25,000 job cuts; Goldman Sachs quarterly earnings beat analyst expectations; All major U.S. stock indexes experience slight increase; Simran Sandhu & Darian Phillips report.

Moderna's share price surges 16% after it produces promising results in its early stage human trial; J.P. Morgan sets aside $10 billion to cover losses after disappointing quarterly earnings; Trump Administration rolls back rules that require international students to leave the U.S. if classes are online; Simran Sandhu & Darian Phillips report.

U.S. budget deficit reaches its highest point since World War II; Joe Biden proposes a multibillion-dollar plan to reduce racial inequality; U.S. stocks fall as California rolls back its reopening plans; Washington NFL team retires its former "Redskins" name and logo; Simran Sandhu & Darian Phillips report.