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European Central Bank hands out 1.3 trillion euros in loans

By David McHugh, Associated Press

The European Central Bank has handed out more than a trillion euros in cheap loans to banks as part of its effort to get the economy through the virus outbreak.

1.5 million more laid-off workers seek unemployment benefits

By Christopher Rugaber, Associated Press

About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, a historically high number, even as the economy increasingly reopens and employers bring some people back to work.

WATCH: U.S. seeks lower tariffs overseas, fewer duty-free imports

By Paul Wiseman, Associated Press

The Trump administration plans to carry on with its confrontational approach to world trade, pressuring other countries to lower their tariffs on U.S. products and perhaps making it harder for imports to enter the United States duty free.

WATCH: Washington D.C. could move to phase 2 reopening next week

By Ashraf Khalil, Associated Press

Washington, D.C., officials are targeting next Monday for the start of phase two of reopening the nation's capital after months of social restrictions due to the COVID-19 pandemic.

Senate approves $2.8 billion plan to boost conservation, parks

By Matthew Daly, Associated Press

The Senate has approved a bipartisan bill that would double spending on a popular conservation program and devote nearly $2 billion a year to improve and maintain national parks.

Federal court strikes down Trump rule that drugmakers disclose price

By Ricardo Alonso-Zaldivar, Associated Press

In a major legal setback for President Donald Trump on a high-profile consumer issue, a federal appeals court has ruled that his administration lacks the legal authority to force drug companies to disclose prices in their TV ads.

Louisiana widening access to medical marijuana under new law

By Melinda Deslatte, Associated Press

More Louisiana residents will have access to medical marijuana under a significant expansion of the state's therapeutic cannabis program that Gov. John Bel Edwards has signed into law.

Seattle police pledge to protect occupied zone

By Associated Press

A festival-like atmosphere has emerged in the area, now called the “Capitol Hill Occupied Protest,” with participants painting a Black Lives Matter mural on the street and planting a community garden.

U.S. retail sales jump by nearly 18 percent in a partial rebound

By Josh Boak, Anne D'Innocenzio, Associated Press

U.S. retail sales jumped by a record 17.7% from April to May, with spending partially rebounding after the coronavirus had shut down businesses, flattened the economy and paralyzed consumers during the previous two months.

WATCH: Powell warns that long downturn would mean severe damage

By Martin Crutsinger, Associated Press

Federal Reserve Chair Jerome Powell will present the semi-annual monetary policy report June 16 before the Senate Committee on Banking, Housing, and Urban Affairs.