Billions in coronavirus relief may have been sent to scammers, watchdog says
A Small Business Administration program intended to keep entrepreneurs afloat during the coronavirus pandemic may have sent billions of dollars to scammers and ineligible applicants, according to a new watchdog report.
Stock futures fall led by tech shares
Traders will also get the latest income & spending numbers, plus consumer sentiment
US in 'V-shaped, self-feeding' recovery, White House economist says
White House chief economist Joe LaVorgna said new data shows Americans "are spending like crazy."
Coronavirus lockdowns not part of Trump strategy, White House chief of staff says
The U.S. economy is a top priority for the Trump administration, White House chief of staff Mark Meadows said Thursday.
US economic growth shatters record at 33.1%, but fails to snap coronavirus recession
The U.S. economy grew at a record-shattering pace in the third quarter as businesses reopened from the coronavirus shutdown, but the nation remains in a deep hole from the COVID-induced recession.
Jobless claims fall to 751,000, lowest level since March
The number of Americans applying for state unemployment benefits remained persistently high last week, indicating the pace of layoffs is still elevated as a resurgence in coronavirus cases threatens to derail the economy's recovery.
Stock futures rise following the biggest drop since June
Apple, Amazon, Alphabet, Facebook and Twitter will report their July-through-September numbers
Will a record GDP surge boost Trump's reelection odds?
Five days before the November election, the U.S. will likely report the fastest economic growth on record — but the growth data is unlikely to give President Trump the bounce he's looking for as he trails Joe Biden nationally.
Tupperware's stock soars thanks to more people staying home and cooking
In a continuation of its 2,500% rally from mid-March, Tupperware Brands Corp.'s stock skyrocketed Wednesday, up as much as 41%.
Chinese consumers on Alibaba's Singles Day will spend less on American goods: report
On Singles Day, 57% of Chinese consumers said they plan to spend less on American-made products.
Coronavirus relief likely on pause until after election as Trump promises 'best stimulus package'
The odds of Congress striking a coronavirus relief deal before the November election dimmed considerably this week after the Senate left Washington for their October recess with no agreement in place.
US consumer confidence dips slightly in October to 100.9
U.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases began across the country.
September factory orders up 1.9%, economists see risks ahead
Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well.
How COVID-safe is dining in a restaurant's outdoor tent?
As restaurants gear up to extend outdoor dining in colder parts of the country, many are seating guests in enclosed and sometimes heated structures. But when it comes to virus transmission, is eating in covered outdoor setups less risky than inside?
IRS releases new income tax brackets for 2021
The IRS on Monday released the updated tax brackets for the 2021 filing season, which have been modified to reflect inflation.
IRS extends deadline for Americans to register for full stimulus money
Americans who are still awaiting the arrival of their full coronavirus stimulus check received extra time this week to register for the extra $500 payment for their children.
US economic recovery could stall out if Congress doesn't pass more coronavirus aid, experts warn
Despite months of wrangling between White House officials and Democratic leaders over another round of coronavirus relief, a deal before the November election appears increasingly unlikely, threatening to imperil the nation's recovery from the pandemic.
September new home sales fall 3.5%, after strong summer season
Sales of new homes fell by 3.5% in September to a seasonally-adjusted annual rate of 959,000 million units, the Commerce Department said Monday, as the housing market's summer buying season came to a close.
New home sales cool off after hot summer
Despite a September dip, sales are up 32.1% from a year ago.
If Biden wins, he tells his Wall Street supporters he can’t wait to raise taxes
The polls may be tightening as the 2020 presidential election is just over a week away, but Democratic nominee Joe Biden and his top advisers are already laying out an aggressive economic agenda that would make raising taxes their top and immediate priority if the former vice president is elected, FOX Business has learned.



















