Tagged With Economy-us

December's $600 stimulus boosted spending by 30% — and Biden's new plan calls for checks twice as large

An increase to a $15 minimum wage marks a core component of Biden's new stimulus plan

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

Biden's new stimulus plan features family benefits that include an annual credit of up to $3,600

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

The UK economy is on the brink of a double-dip recession after it shrank 2.6% in November amid surging COVID-19 cases

Monetary stimulus will remain in place well into economic recovery, Fed Chair Powell says

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

Biden has promised to extend the pause on student-loan payments during his first day in office. Here are other steps the new administration could take for student-debt relief.

Biden stimulus proposal expected to include expanded child benefit for American households

US weekly jobless claims jump the most since March as America's labour-market recovery falters

The tools that rescued America's economy are mostly helping wealthy Americans

The economic prospects of rich and poor Americans had long been diverging. The pandemic finally completed the break.

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

3 charts show how December's surprisingly bad jobs report was especially devastating for the most vulnerable workers

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

The pandemic is deepening a wealth divide among young people: the 'millennial rich' and the 'millennial poor'

What is inflation? Here's why the cost of goods rises and what it means for your investments and savings

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

Some Americans who collected unemployment benefits in 2020 might see their tax refund shrink or disappear this year