US economy

Biden’s declaration: America’s democracy ‘is rising anew’
World

Biden’s declaration: America’s democracy ‘is rising anew’

WASHINGTON (AP) — President Joe Biden declared that “America is rising anew” as he called for an expansion of federal…
US employers add 916,000 jobs in March as hiring accelerates
World

US employers add 916,000 jobs in March as hiring accelerates

WASHINGTON (AP) — America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a…
Biden warns of growing cost of delay on economic aid plan
World

Biden warns of growing cost of delay on economic aid plan

WASHINGTON (AP) — President Joe Biden is warning of a steep and growing “cost of inaction” on his $1.9 trillion…
Biden to assail Trump on US economy as campaign enters more intense phase
World

Biden to assail Trump on US economy as campaign enters more intense phase

WASHINGTON (Reuters) – Democratic presidential nominee Joe Biden is set to criticize President Donald Trump’s stewardship of the coronavirus-ravaged economy…
US is expected to report a record-breaking economic plunge
World

US is expected to report a record-breaking economic plunge

WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the US economy faces a dim outlook…
US retail sales plunged a record 16% in April as virus hit
World

US retail sales plunged a record 16% in April as virus hit

BALTIMORE (AP) — US retail sales tumbled by a record 16.4 percent from March to April as business shutdowns caused…
US economy shrank at 4.8% rate last quarter as virus struck
World

US economy shrank at 4.8% rate last quarter as virus struck

WASHINGTON (AP) — The US economy shrank at a 4.8 percent annual rate last quarter as the coronavirus pandemic shut…
Trump says when to reopen US economy ‘biggest decision’ of presidency
World

Trump says when to reopen US economy ‘biggest decision’ of presidency

President Donald Trump on Friday said his decision on when to reopen the US economy, shuttered due to the coronavirus…
Trillion-dollar US economic rescue package crashes in Senate
World

Trillion-dollar US economic rescue package crashes in Senate

A trillion-dollar Senate proposal to rescue the reeling US economy crashed to defeat Sunday after receiving zero support from Democrats,…
US economists expect recession in 2020 or 2021: survey
World

US economists expect recession in 2020 or 2021: survey

A majority of economists expect a US recession in the next two years, but have pushed back the onset amid…
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