Tagged With Economy-us

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

Hillary Hoffower

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

Ayelet Sheffey

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

Ben Winck

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

Ayelet Sheffey

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

Ben Winck

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

Harry Robertson

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

Ben Winck

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

Ben Winck

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.

Ayelet Sheffey

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

Ayelet Sheffey

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

Ben Winck

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

Hillary Hoffower

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

Juliana Kaplan

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

Yelena Dzhanova

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

Juliana Kaplan, Madison Hoff

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

Ben Winck

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

Hillary Hoffower

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

Ramsay Lewis

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

Ben Winck

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

Dominic-Madori Davis