Economic Indicators

Apple knocks it out of the park and tops it off with a 4-for-1 stock split.

A report published by the House Select Subcommittee on the Coronavirus Crisis found that at least $728 million in payroll support assistance went to 12 contractors that had laid off a total of 9,300 employees.   

Congressional negotiations over the next round of coronavirus relief funding are stalled despite sweeping agreement between Republicans and Democrats that additional aid is needed.

A bipartisan group of senators is hoping the relief package will include a controversial proposal to fix diminishing funds for Social Security, Medicare and the nation's highways. 

The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday.

The number of Americans applying for unemployment benefits remained historically high last week, the Labor Department said Wednesday.

Here's a closer look at the HEALS Act and HEROES Act and how much money Americans still reeling from the pandemic could receive under each proposal. 

Yum brands beat Wall Street expectations for quarterly same-restaurant sales.

GDP, jobless claims and tech earnings are on tap

The drop in GDP is expected to be the biggest drop ever recorded

Nearly one-third of small-business decision-makers said either they or the business owners have used their own money to help the business survive the crisis.

The Federal Reserve on Wednesday pledged to continue taking aggressive action to support the U.S. economy as the recovery has started to plateau.

The aviation business, once a profit engine for GE, swung to a loss in the June quarter as both revenue and orders plunged. The unit produces engines for Boeing Co. and Airbus SE planes but has had to cut production and jobs as airlines delay orders.

Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic think the job loss will be permanent.

The second checks will follow the same eligibility formula as the first round. Here's how much money you could receive.

A study published this month by Yale University economists found that workers with more-generous jobless benefits didn't experience larger employment declines when the benefits took effect.

The Fed is working toward providing more specific guidance on the conditions it would need to see before considering raising interest rates

Kevin Hassett returned to the White House in March because of coronavirus.

Collections continued to slide in June.

Joe Biden plans to call for the Federal Reserve to play a bigger role in addressing racial economic inequality