Tagged With Economic Recession

One measure of unemployment suggests Biden's $1.9 trillion stimulus plan could do more harm than good, says one top Wall Street strategist


Bank of America lifts its forecast for US economic growth on hopes for sweeping Biden-backed stimulus


Dow drops 200 points as traders mull Biden's stimulus plan and soft retail-sales data



US retail sales sank again in December as surging COVID-19 cases slammed holiday spending


US consumer comfort tumbles to lowest point since July as COVID-19 surge cuts further into recovery optimism


The US lost 140,000 jobs in December. All of those jobs were held by women.



US payrolls post surprise drop of 140,000 in December, the first decline since April as America's labour-market struggles continue


US weekly jobless claims dip to 787,000 as unemployment crisis continues into 2021


How the pandemic upended the US job market in 2020, leaving permanent scars in its wake


US consumer confidence unexpectedly falls to lowest since August as COVID-19 restrictions escalate


US retail sales declined more than expected in November as the holiday season struggled to boost the economy


Inadequate stimulus will create the same risks that crippled the economic recovery following the Great Recession, experts say



US weekly jobless claims rise more than expected to 853,000 as labour-market recovery slows


The disappointing November jobs report has reinvigorated the push for end-of-year stimulus


US economy misses forecasts, adds 245,000 jobs in November as unemployment falls to 6.7%


US companies added 307,000 jobs in November, fewer than economist forecasts, ADP says



Here’s how the US economy could transform under Biden after his appointment of Janet Yellen as Treasury Secretary — starting with sizable stimulus


US weekly jobless claims rise to 778,000, more than economist forecasts as labour-market recovery weakens


The K-shaped economic recovery dividing America also applies to companies. Here are 4 implications of that trend, according to a Wall Street chief strategist.


4 jarring signals that show the US economic recovery is weakening