Economics

U.S. Economy in Spotlight Amid Optimism on More Aid: Eco Week

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  • Weekly take on events in the world economy and their fallout
Photographer: Erin Scott/Bloomberg
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All eyes are on U.S. data this week after Friday’s jobs report showed a drop in payrolls for the first time since April, highlighting how surging coronavirus infections are taking a greater toll on parts of the world’s biggest economy.

Rising fuel costs led to a slightly firmer, yet still subdued, pace of inflation last month, while a resurgent coronavirus stifled retail sales, economists project a pair of U.S. reports to show.