China's retail sales unexpectedly fall as consumer caution prevails
The reports raised concerns about the fragility of China's emergence from coronavirus
Chicago’s Chamber of Commerce president calls for 'serious response' after downtown looting devastates businesses
The looting in Chicago has added further devastation to businesses that were already in the process of recovering from the effects of the coronavirus.
Manhattan rents plummet 10% after coronavirus exodus
Manhattan apartment rents plunged last month by the most in almost nine years.
Coronavirus could push US bankruptcies to worst levels in 10 years
The coronavirus pandemic has pushed U.S. companies to go bankrupt at a rate that could make 2020 the worst year for bankruptcies since 2010 during the fallout of the Great Recession, according to a new report from S&P Global.
White House says majority of coronavirus job losses will be temporary
The majority of the jobs lost as a result of the coronavirus pandemic were likely temporary, the Trump administration estimated.
What new jobless claims number means for 2020
The initial claims drop is just the latest in a series of very encouraging economic data over the last three months.
Trump rips Dems for holding up coronavirus stimulus deal with demand for post office aid
Trump blamed the Postal Service and money for mail-in voting as a primary reason behind the deadlocked coronavirus relief negotiations.
Number of Americans filing for unemployment falls below 1M for first time since pandemic started
Economists surveyed by Refinitiv expected 1.12 million new claims.
Second stimulus checks may not go out until September as relief talks drag on
Both political parties broadly support a fresh round of $1,200 stimulus payments, but there are several key outstanding issues on a deal, including the price tag.
NY ranked last in nation for economic outlook
New York was ranked the lowest in the country in terms of economic outlook by a new report that examines policies and whether they have helped or hurt their state’s competitiveness.
Stock futures trade cautiously ahead of jobless claims
The Labor Department is expected to say the number of claims for unemployment benefits declined for a second straight week to 1.12 million
Fed's Daly says loss of enhanced unemployment benefits creates a 'hole' in spending
Daly said recent economic data suggests consumers are already starting to pull back on activities as their benefits shrinks and coronavirus infections rise
Millions of Americans at risk of eviction after moratorium expired
The U.S. is teetering on the brink of the "most severe housing crisis" in decades, according to a new report.
Trump's $400 unemployment extension: Your top questions answered
The measure authorizes an extra $400 in federal unemployment benefits – $100 of which will come from state budgets.
Trump administration open to more coronavirus aid for states but not a 'bailout': Kudlow
The Trump administration is open to more coronavirus-related aid for states but not bailouts of "bad management," White House economic adviser Larry Kudlow said on Wednesday.
White House, Dems still deadlocked over coronavirus relief deal with two sides 'miles apart,' Pelosi says
Democratic leaders and White House officials are still at a stalemate regarding another coronavirus relief deal, Pelosi said.
Top Fed official suggests US economic recovery may be losing steam
Rosengren raised fresh doubts about the viability of a full economic rebound and said the virus will continue to dictate the speed of the nation's turnaround.
Mnuchin urges Dems to pass $1T coronavirus stimulus deal but won't speculate on aid compromise
Mnuchin called on Democratic negotiators to pass a "half legislation that's good for the American public" on coronavirus relief.
Stock futures bounce back from Tuesday pause
Before the bell, traders will examine the latest consumer price report
Biden taps Kamala Harris as running mate: Where she stands on economic issues
Harris, a first-term California senator and a former state attorney general and San Francisco district attorney, has become a reliable surrogate for Biden.



















