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Tags US Economy

Tag: US Economy

US economy off to strong start in second quarter

WASHINGTON: US consumer spending rose more than expected in April as households boosted purchases of goods and services, and the increase in inflation slowed,...

Trump says economic recovery is V-shaped, Biden says it’s a K. Who’s right and what does it mean?

The raucous debate between President Trump and former vice president Joe Biden turned into a game of alphabet Tuesday when moderator Chris Wallace asked...

1.8M Jobs added in July, Unemployment Falls to 10.2% as some States Halt Reopening, Others Throttle Back

The U.S. added 1.8 million jobs in July as payroll growth slowed amid a split-screen economy that had employers stepping up hiring in parts of...

Why now’s a Good Time to Start Hoarding Cash

Back in March, when COVID-19 first enveloped the U.S. in a meaningful way, the hope was that its health-related and economic damage would be minimal. Fast...

Stop Confusing the Stock Market with the Economy

Stock market performance has long been used as a barometer for the health of the general economy. as an example , the president regularly...

Negative Interest Rates: What They are, How They Work and Whether They are Coming to the U.S.

Stimulus payments. Forgivable business loans. Federal unemployment benefits. So many unusual policies and practices have come out in recent months to help stabilize the economy...

Stocks Slide as Wall Street Grapples with Protests and China Tensions

US stocks slid Monday as Wall Street grappled with mounting unrest over police brutality and continued tensions with China. The Dow Jones industrial average dropped...

Stocks Soar as Wall Street Finds Hope for Coronavirus Recovery

US stocks surged Tuesday as investors latched onto signs that the economy is thawing out after being frozen by the coronavirus. The Dow Jones industrial...

Wall Street Slides after Fed Chairman says Economic Outlook includes ‘Great Uncertainty’

Wall Street benchmarks closed sharply down on Wednesday, after Federal Reserve System Chairman Jerome Powell warned of a extended recession if Congress didn't step...

Fauci Warns of ‘Little Spikes’ Becoming Outbreaks

Dr. Anthony Fauci on Tuesday forewarned that reviving state economies before COVID-19 anticipation measures are set up could prompt "little spikes that may transform...

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