New U.S. virus cases topped 60,000 in a day for the first time. Texas, California and Florida all reported a record number of deaths, while Arizona added 4,057 new cases, the most in six days.
Fewer Americans than forecast have applied for unemployment benefits, easing concerns of a renewed downturn as an acceleration in new cases in the U.S. and Mexico pushed the global total past 12 million. Still, Wells Fargo & Co., the largest employer among U.S. banks, is preparing to cut thousands of jobs starting this year.
