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Financial Focus for July 17, 2020

Posted at 10:10 PM, Jul 17, 2020
and last updated 2020-07-18 01:10:33-04

LAS VEGAS (KTNV) — In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas.

And banks are preparing for a recession that could last well into 2022. Bank of America says consumers were relatively okay during the first few months of the recession, thanks to unemployment benefits and stimulus payments.

However, since those benefits are disappearing, people can expect to feel harsher effects from the recession with continued unemployment.

Financial Focus is sponsored by Clark County Credit Union. Watch it weekdays on 13 Action News.