U.S. Economy

Joe Biden's economic agenda could destroy millions of American jobs and crush the nation's slow-but-steady recovery from the coronavirus pandemic, according to new projections from President Trump's former economists.

The chance of Congress passing a coronavirus relief deal before the November elections remains elusive as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continue to spar over how much money to inject into the pandemic-ravaged economy.

Atlanta Federal Reserve President Raphael Bostic said Sunday that he's "concerned" the road to recovery from the coronavirus pandemic may be uneven for different sectors of the U.S. economy.

The U.S. Department of Justice is reportedly likely to file its highly-anticipated antitrust suit against Google early next week with without the support of any Democratic state attorneys general.

Helmet, goggles, skis? Check. Hand sanitizer, face covering, reservation? Check.

Senior White House economic adviser Larry Kudlow said Friday morning that it would be "almost impossible" to execute a coronavirus relief package before the November election, even if Congress overcame a months-long impasse and struck a deal. 

For Americans who requested a tax deadline extension earlier this year, Thursday marks the final day to file 2019 income returns without a financial penalty.

After finding that the poverty rate declined in April, May and June after the federal government sent stimulus checks and increased unemployment assistance, a group of researchers say all progress has been erased as House Democrats and the White House remain in a coronavirus stimulus stalemate.

President Trump said Thursday he would raise his offer for a coronavirus relief package above the White House's current $1.8 trillion proposal amid a months-long impasse with Democratic leaders over more funding.

Although the future of working in Manhattan remains uncertain, especially with the potential of a second wave of infections come wintertime, the tech giants have moved forward with growth plans that predated the pandemic.

The number of Americans applying for state unemployment benefits remained historically high last week, indicating the pace of layoffs is still elevated even as the economy slowly rebounds.

President Trump reiterated a pledge to continue lowering taxes if he wins reelection against Democratic challenger Joe Biden on Nov. 3, saying in remarks to the Economic Club of New York that he would reduce rates for middle-income Americans and corporations.

President Trump on Wednesday took a victory lap on the nation's economic recovery from the coronavirus pandemic

Delta's CEO sees more cash bleed through the spring as the coronavirus pandemic continues to batter the travel industry.  

The prospect of a Democratic sweep in next month’s elections is helping to push U.S. government-bond yields higher, stirring memories of four years ago when yields climbed sharply after a Republican victory.

House Speaker Nancy Pelosi is facing some pushback among some Democrats after sharply rejecting the White House's latest -- and most expensive -- $1.8 trillion coronavirus relief offer over the weekend. 

The deadly coronavirus pandemic will ultimately cost Americans an estimated $16 trillion, according to a new study released Monday.

When New York City comes back 10 years from now, it will be “a very different city,” Peebles Corporation CEO Don Peebles told “Mornings with Maria” on Monday.

In the letter to House and Senate members, Mnuchin and Meadows said the White House would continue to talk to Senate Democratic Leader Chuck Schumer and House Speaker Nancy Pelosi, but that Congress should "immediately vote on a bill" that would enable the use of unused Paycheck Protection Program funds while working toward a bigger package.

The White House is preparing to offer a new $1.8 trillion coronavirus relief deal two days after President Trump abruptly called off negotiations on another round of aid for American workers and businesses still reeling from the pandemic.