Evening Briefing

The U.S. Supreme Court on Thursday dealt another blow to President Donald Trump, the second this week, blocking him from ending the Obama-era program that shields 670,000 young undocumented immigrants from deportation and lets them seek jobs. Writing for the majority, Chief Justice John Roberts called the administration’s recission of the Deferred Action for Childhood Arrivals program “arbitrary and capricious.” Now Trump must return to the lower courts and provide them with more substantial reasons for the proposal, something that’s unlikely to see movement before the November election. —Josh Petri

Here are today’s top stories

With the world desperate to end the Covid-19 pandemic, the idea of purposely infecting people with a dangerous pathogen that has no cure is fueling a debate over what kind of sacrifice is acceptable, and the benefits such trials could bring. Known as human-challenge studies, these tests can hasten research by placing volunteers in the path of the virus, rather than waiting for accidental exposure. Despite the risks, people are lining up to be infected.

Global pandemic or not, the rich are still getting richer. However, the coronavirus crisis may slow the breakneck pace of wealth accumulation for years to come, according to a new study. With volatility roiling markets, wealthy Americans may be trying a new tactic: The richest quarter of society cut their consumer spending more than any other income group during the pandemic, new research finds. While the wealthy saved that money, the businesses and jobs that relied on it were devastated. Small businesses in wealthier regions laid off 65% of their low-wage earners, while in the lowest-rent areas, fewer than 30% lost their jobs.

Florida’s confirmed Covid-19 cases just surged to their highest weekly level six weeks after the state started reopening businesses. Republican Governor Ron DeSantis—who has dismissed medical warnings about reopening too early and whose administration has been accused of hiding Covid-19 statistics, said he has no plans to return to a lockdown. New York Governor Andrew Cuomo said he’s considering a 14-day quarantine for people who visit from Florida. California, which had the biggest one-day jump in infections, will require people to wear masks in any situation where they can’t stay 6 feet away from others, even outdoors. Trump, meanwhile, says the virus will “fade away” without a vaccine, a wholly unsupported claim similar to false statements he made as the virus spread across the country earlier this year. More than 117,000 Americans have died and 2.1 million have been infected, the most in the world, with another 20,000 new cases added daily. Here’s the latest.

Democratic presidential nominee Joe Biden this week called on Trump to “wake up,” accusing him of waving a “white flag and retreating” from the fight against the coronavirus as it kills ever more Americans. The former vice president will spend $15 million on advertising as he rolls out his first set of general election ads.

Applications for unemployment benefits in the U.S. totaled 1.51 million last week, falling less than forecasted and showing only gradual improvement from the worst of pandemic-related layoffs.

Approximately 40 million Americans have lost jobs in the sudden economic catastrophe. Some of them will have a more difficult than time finding new employment than others. The number of people with a criminal record has soared since the 1980s. Millions of these Americans, a disproportionate number of whom are Black, are struggling to find work.

From skies to streets to subways, the coronavirus has brought dramatic and unequal changes to the ways that global societies move. Almost six months on, snapshots of global data paint a picture of where, how, and why cities stopped moving, and what the future may hold as the coronavirus travel freeze begins to thaw.

What you’ll need to know tomorrow

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What you’ll want to read tonight in Businessweek

Fixing the Glaring Whiteness of U.S. C-Suites

Over the past decade, organizations of all stripes have spent billions of dollars trying to get more members of underrepresented groups to the top, highest-paying jobs. They have poured resources into hiring, retaining, and promoting minorities and women. But for African Americans in particular, these efforts have been futile. There are fewer Black CEOs than five years ago, fewer Black executives at some of the biggest banks, and even fewer Black coaches in the NFL. The racial disparities are starkest at the top, but it doesn’t get much better further down the hierarchy. A potential solution? How about coercion—or, to be more specific, quotas?

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