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Voters choose Biden to rebuild U.S. economy battered by pandemic
Voters choose Biden to rebuild U.S. economy battered by pandemic
SUNDAY, NOVEMBER 08, 2020
President-elect Joe Biden overcame President Donald Trump's attempt to ride a record economic rebound to reelection, as voters showed more concern for the troubled economy's future than appreciation for its pre-coronavirus past.
U.S. economy faces severe strains after election with Washington potentially paralyzed
U.S. economy faces severe strains after election with Washington potentially paralyzed
MONDAY, NOVEMBER 02, 2020
America's economy faces severe new strains in the two months between Tuesday's election and January, a period when Washington could be consumed by political paralysis and gridlock.
Economy will improve next year, with unemployment falling to 5.5% by the end of 2021, Fed predicts
Economy will improve next year, with unemployment falling to 5.5% by the end of 2021, Fed predicts
WEDNESDAY, SEPTEMBER 16, 2020
WASHINGTON - Federal Reserve leaders predict that unemployment will fall to 7.6% by the end of this year, and to 5.5% by the end of 2021, even as much about the path of the virus and its influence over the economic recovery remain unknown.
Economy adds 1.4 million jobs in August, unemployment rate below 10% for first time since the pandemic took hold
Economy adds 1.4 million jobs in August, unemployment rate below 10% for first time since the pandemic took hold
FRIDAY, SEPTEMBER 04, 2020
WASHINGTON - The U.S. economy added 1.4 million jobs in August, sending the unemployment rate below 10% for the first time since the pandemic began, a glimmer of good news as the pandemic continues its march across the country.
U.S. economy added 4.8 million jobs in June, but fierce new headwinds have emerged
U.S. economy added 4.8 million jobs in June, but fierce new headwinds have emerged
THURSDAY, JULY 02, 2020
WASHINGTON - The U.S. economy added a record 4.8 million jobs in June, according to federal data released Thursday, but a surge in new infections and a spate of new closings threatens the nascent recovery.
Federal Reserve predicts slow recovery with unemployment at 9.3 percent by end of 2020
Federal Reserve predicts slow recovery with unemployment at 9.3 percent by end of 2020
THURSDAY, JUNE 11, 2020
WASHINGTON - Federal Reserve leaders predict a slow recovery for the U.S. economy, with unemployment falling to 9.3 percent by the end of this year and to 6.5 percent by the end of 2021, after tens of millions of Americans lost their jobs in the stunning recession caused by the outbreak of the novel coronavirus.Following messy start, enormous Paycheck Protection Program shows signs of buttressing economy
Following messy start, enormous Paycheck Protection Program shows signs of buttressing economy
WEDNESDAY, JUNE 10, 2020
WASHINGTON - After a flood of complaints, balky computer systems, changed rules and frantic calls to the Treasury Department, the federal government's small business Paycheck Protection Program is suddenly looking like a measured success.U.S. economy officially entered recession in February, ending record 128-month expansion
U.S. economy officially entered recession in February, ending record 128-month expansion
TUESDAY, JUNE 09, 2020
The United States officially fell into recession in February, ending a historic 128-month expansion as the coronavirus swept the country and put the economy into a tailspin.Reopening U.S. economy will mean creating all kinds of new jobs
Reopening U.S. economy will mean creating all kinds of new jobs
WEDNESDAY, MAY 20, 2020
Thermal scanners in Utah and Maryland. Contact tracers in San Francisco. Decontamination technicians in Miami.New normal 2.0 for U.S. economy looks awful, long and perilous
New normal 2.0 for U.S. economy looks awful, long and perilous
WEDNESDAY, MAY 13, 2020
Get ready for the New Normal 2.0 -- or, more appropriately, 2-point awful.
The U.S. economy post-covid-19 will look a lot like the one that struggled to recover from the 2008-09 financial crisis -- only in some ways worse.
