U.S. Economy

The Federal Reserve concluded its final policy-setting meeting before the November presidential election on Wednesday with a renewed pledge to continue taking aggressive action to support the U.S. economy.

President Trump lashed out at Democrats on Wednesday over the stalled-out coronavirus relief negotiations.

Facebook Inc. is buying Recreational Equipment Inc.’s custom-designed new headquarters near Seattle.

The news comes less than one week after the bank told senior employees of the sales and trading operations in London and New York that they and their teams must return to the office by Sept. 21.

Income for U.S. households rose sharply last year and the number of people living in poverty declined before the pandemic hit.

Wealthy New Yorkers should brace for tax hikes as the city grapples with one of the worst fiscal crises in nearly five decades, City Comptroller Scott Stringer said.

Delta Air Lines said Tuesday it will avoid involuntary furloughs for most frontline employees except pilots.

With one in every six restaurants closed permanently or for the "long term" the restaurant industry is on track to lose $240 billion in sales by the end of the year.

Thousands of airline workers are bracing for layoffs at the end of the month unless Congress overcomes a monthlong stalemate.

Americans who lost their jobs during the coronavirus pandemic could receive as much as $1,800 in unemployment benefits under an executive measure signed by President Trump.

Texas Rep. Kevin Brady introduced legislation that would create a temporary payroll tax holiday from Sept. 1 to Dec. 31

More jobs lost in the early months of the coronavirus pandemic are disappearing permanently, Labor Department data shows.

White House economic adviser Larry Kudlow on Friday said he was unsure whether Congress will pass another coronavirus relief package before the November election.

President Trump on Friday lauded JPMorgan and Chase for calling its top trading staff back to the office after months of remote work.

The Department of Justice has charged 57 people since May with trying to steal more than $175 million from the Paycheck Protection Program.

A month-long deadlock between White House officials and top Democrats is imperiling the odds of another stimulus deal before the November election.

The report comes on the heels of new government data released last week that showed the economy added 1.4 million jobs in August.

United Airlines and the union representing its pilots said on Wednesday they have reached a tentative agreement to avoid furloughs of nearly 3,000 aviators.  

Sen. Josh Hawley is pushing for the next coronavirus stimulus package to include language that would create a fully refundable tax credit for homeschooling expenses.

Concerned that a Joe Biden presidency could lead to a crackdown on activity, U.S. oil producers in the top shale field are stockpiling drilling permits on federal land ahead of the 2020 presidential election.