NEW YORK — Americans held back on spending during the start of the holiday shopping season, a troubling sign for retailers and the state of the...
WASHINGTON — U.S. consumers increased their spending by a sluggish 0.5% last month, the weakest rise since April, when the pandemic first erupted, and a sign...
WASHINGTON — U.S. long-term mortgage rates remained at record lows this week as the coronavirus pandemic continues to threaten the economy. Mortgage finance giant Freddie Mac...
WASHINGTON — Gripped by the accelerating viral outbreak, the U.S. economy is under pressure from persistent layoffs, diminished income and nervous consumers, whose spending is needed...
WASHINGTON — The number of Americans applying for unemployment benefits rose last week for a second straight week to 778,000, evidence that the U.S. economy and...
WASHINGTON — Federal Reserve Chair Jerome Powell said Tuesday that the nationwide surge in confirmed coronavirus could slow the economy in the months ahead by discouraging...
NEW YORK — The Dow Jones Industrial Average returned to a record Monday for the first time since plunging nine months ago in despair about the...
WILMINGTON, Del. — President-elect Joe Biden is set to outline his plans to revive the nation’s economy in the midst of a global health crisis on...
WASHINGTON — The number of people seeking U.S. unemployment benefits fell last week to 709,000, a still-high level but the lowest figure since March and a...
WASHINGTON — The U.S. job market showed a burst of strength in October, with employers adding 638,000 jobs and the unemployment rate tumbling to 6.9%. Still,...
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