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The salty sea breeze blows through the air; excited screams echo as the roller coaster drops; the warm, sugary scent of funnel cake lingers on the boardwalk. Summer is here at the shore, but with a few modifications to follow CDC guidelines. Photographer Gabby Jones set out to the Jersey Shore during the Fourth of July weekend, finding some large differences between towns as the state’s reopening was in full swing.

Since July 2, outdoor amusement parks, outdoor waterparks, playgrounds, and libraries have been allowed to reopen. But with big crowds flocking to the shore to the enjoy the holiday weekend, some towns did better than others to enforce social distancing rules, Jones tells Fortune

“Towns which were an hour driving distance from each other felt like polar opposites,” Jones, a New Jersey native, says.

Many beach towns along the coast are figuring out what the new normal will be when customers return. While Ocean City officials handed out goody bags to families wearing masks, Jones described the vast majority of visitors at Wildwood not wearing …

Dr. Scott Gottlieb told CNBC on Friday he believes there continues to be a significant number of unreported coronavirus cases in the U.S., suggesting as many as 1 in 150 people in the country could be infected. 

“We must have well over 700,000 infections a day, even though we’re only diagnosing about 60,000,” Gottlieb said on “Squawk Box.” “Before, when we had come down, and we were sort of burning around 20,000 diagnosed infections a day, the conventional wisdom was the prevalence was 1 in 200 people. Now, it must be higher than that.”  

Gottlieb’s comments come as the U.S. continues to report record, or near record, levels of daily new coronavirus infections. While the increase can be partly attributed to added testing capacity, the overall rate of positive tests in the country also is increasing. That is an indication of growing community spread. 

“It’s going to be hard to get to a point where you could — you’re not going to eliminate the infection — but get it down to levels that are much, much lower,” said the former commissioner of the Food and Drug Administration. “The prevalence of actual infection in the country right now must be

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The front facade of the New York Stock Exchange (NYSE) is seen in New York City, New York, U.S., June 26, 2020.

Brendan McDermid | Reuters

(This story is for CNBC Pro subscribers only). 

The market environment is pointing to a possible rally for stocks with stable dividends, Credit Suisse said in a note to clients.

The firm said that the number of stocks that qualify for its stable yield list has dropped significantly in recent years, but the ones that remain could be poised to outperform. 

“Historically, when treasury yields decline, investors demonstrate a preference for the bondlike profiles of Stable Yield stocks,” the note said.

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Good morning, Broadsheet readers! The WNBA will honor Black women killed by police, Amy Cooper faces a criminal charge, and Black women talk about facing racism at work. Have a good Tuesday.

– When work doesn’t work. Last month, the Broadsheet covered an Essence survey that asked Black women where they were most likely to experience racism. Their overwhelming answer? The workplace.

In this Fortune piece, Emma did some digging to try to flesh out why workplaces are so often hotspots for racist behavior—and to share the experiences of Black women who’ve been the targets of that behavior from their colleagues and bosses.

One of the factors that makes racism in the workplace so toxic is the lack of agency many people feel there. As marketing and comms professional Thokozile Kachipande told Emma, “If I were to go to a store or a restaurant and experience something that’s racist, I can choose to walk away,” she says. “The workplace is tied to your livelihood. You have to go there every day. You can’t choose to constantly walk away.”

What’s more, Black women may feel more constrained in how they respond to racism they experience at work, for fear that saying …

Bubba Wallace, driver of the #43 World Wide Technology Chevrolet, walks the grid prior to the NASCAR Cup Series Big Machine Hand Sanitizer 400 Powered by Big Machine Records at Indianapolis Motor Speedway on July 05, 2020 in Indianapolis, Indiana.

Chris Graythen | Getty Images

President Donald Trump on Monday lashed out at the NASCAR Cup series’ only Black driver and criticized the auto-racing league’s decision to ban the Confederate flag from its events and properties.

Trump asked in a tweet if the driver, 26-year-old Bubba Wallace, has “apologized to all of those great NASCAR drivers & officials who came to his aid, stood by his side, & were willing to sacrifice everything for him, only to find out that the whole thing was just another HOAX?”

Trump was referring to findings that a noose found in Wallace’s garage was a pull rope and not meant to intimidate the driver. It was not ruled a hoax, as the president claims.

“That & Flag decision has caused lowest ratings EVER!” the president added in a reference to NASCAR’s move last month to prohibit displaying the Confederate battle flag from all events and properties.

The flag has been commonly displayed at NASCAR