Roughly 750,000 furloughed government workers already feel crimped by the shutdown as they suffer missed paychecks and ...
For those on the upper arm, things are going well. The top 10% of U.S. households now account for nearly half of all consumer spending, buoyed by record stock market highs. Hourly pay is now rising ...
Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia's oil industry in an attempt to get ...
However, the subsequent decline in drilling and the global economic recovery in 2021 quickly changed the picture. By 2022, ...
Economists don’t expect the tide to shift anytime soon. Only one economist is forecasting faster job growth and a lower ...
Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy ...
The coronavirus pandemic should ease over the first half of the year and give way to "very strong" U.S. economic growth during 2021, St. Louis Fed President James Bullard said on Wednesday.
The U.S. economy will grow 4.6% in 2021 after contracting 3.5% in 2020, the Congressional Budget Office said on Monday in a rosier forecast that could strengthen Republican resistance to President Joe ...
Here’s a question about the shutdown submitted by an Associated Press reader, Ryan S.: How might the shutdown affect the U.S. economy? Shutdowns of the federal government usually don’t leave much ...
Fewer people are looking into kitchen and bathroom remodeling. What does it mean? Those big bathroom- and kitchen-remodeling projects that homeowners may have been thinking about? Some are apparently ...
US Treasury Secretary Scott Bessent said Thursday that Washington had bought Argentine pesos and finalized a $20 billion economic support program to help prop up the South American nation's faltering ...