Economic Indicators

Fed Chair Powell sees an improving economy.

Tax Foundation President Scott Hodge warned on Wednesday that economists are currently “very concerned about the amount of stimulus money that’s been put into the economy."

The Federal Reserve said Wednesday that it would continue holding interest rates near zero and reaffirmed its commitment to other easing policies.

The extra $300-a-week unemployment benefit included in President Biden's coronavirus relief plan may not arrive until mid-April or later.

Twenty-one Republican attorneys general threatened to take action against the Biden administration over a key element of the recently signed $1.9 trillion coronavirus relief law.

The biggest U.S. banks are beginning to deliver stimulus checks to eligible Americans Wednesday morning following some criticism over the timing of the third round of direct cash payments. 

The Small Business Administration mistakenly paid close to $692 million in duplicate Paycheck Protection Program loans to thousands of small businesses.

Treasury Secretary Janet Yellen indicated that President Biden is open to pursuing a wealth tax as a means of paying for his multitrillion-dollar agenda and addressing the nation's swelling federal budget deficit. 

U.S. retail sales faltered in February as consumers pulled back on their spending.

President Biden promised on Monday to crack down on fraud and waste as his administration begins to roll out the $1.9 trillion American Rescue Plan, criticizing President Donald Trump for failing to do so and thereby harming small businesses.

New York lawmakers unveiled a new proposal on Sunday that includes nearly $7 billion in tax hikes on top earners and Wall Street.

The third round of stimulus checks began flowing into Americans' bank accounts over the weekend — but for those still awaiting its arrival, there's a quick way to track the status. 

President Biden is reportedly planning to include the first major tax hike in close to 30 years in the next economic spending bill set to follow his $1.9 trillion coronavirus relief package.

The FTC's identity theft website allows individuals to report fraud and determine best practices.

President Biden will tap Gene Sterling, a former top economic official in the Obama and Clinton administrations, for a role to oversee the enactment of the administration’s $1.9 trillion coronavirus relief plan.

Spring training baseball is back after the Major League Baseball season ended early last year because of the COVID-19 pandemic. Not only are teams and fans happy, but so are local businesses.

Ttucked into the coronavirus relief legislation — which passed without a single Republican vote — is a raft of unexpected provisions, some seemingly unrelated to the pandemic. 

The American Rescue Plan includes $350 billion in unfettered aid for state and local governments, with $195.3 billion directed toward state governments and Washington, and $130.2 billion allocated for local governments.

U.S. producer prices rose in February as the cost of energy spiked, leading to the sharpest annual increase in producer inflation in two and a half years.

If families earn too much to qualify for the expanded tax credits, they can still receive the $2,000 credit for their children if their income level is below $200,000 or individuals and $400,000 for married couples.