Economic Indicators

New York City faces a mass exodus of Wall Street firms — and jobs — as some financial and professional-services industries consider trimming their presence in the city by at least 20 percent

While governments and central banks have pumped liquidity into the global economy to support a recovery, no measures have been as aggressive as those taken by the U.S.

Outdated state unemployment insurance systems across the U.S. could take months to adopt a Republican proposal that would cap benefits at a certain percentage of worker's former salary. 

Stephen Moore argues Senate Republicans got the coronavirus stimulus bill half right - here's what he thinks the GOP got right, and what they need to fix

U.S. consumer confidence tumbled in July to a reading of 92.6 as coronavirus infections spread in many parts of the country.

Rochester, N.Y.-based Kodak will receive a $765 million dollar loan under the Defense Production Act.

Republicans and the White House proposed reducing the $600 payment to $200 until states can adopt a new approach that would cap the aid at 70 percent of the income workers received before they lost their jobs.

Kroger, Walmart and Albertsons have built their own milk-bottling plants.

The company's candidate vaccine to protect against Covid-19, which it is developing with BioNTech, began Phase 3 testing this week.

These are the 10 biggest trading partners for 2019, according to the Census Bureau, which tracks U.S. imports and exports on a month-to-month basis.

Sen. Bernie Sanders ripped Elon Musk after the Tesla CEO said he did not support another government stimulus package

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The proposal will come as part of the GOP's broader $1 trillion stimulus package aimed at helping workers and businesses still reeling from the coronavirus pandemic.

Sens. Marco Rubio, R-Fla., and Thom Tillis, R-N.C., have renewed an earlier push to ensure that American citizens who are married to foreign nationals without Social Security numbers receive stimulus payments.

The framework is expected to extend — but reduce substantially — just-expired expanded unemployment benefits, send a fresh round of $1,200 stimulus check to American adults earning less than $75,000 in August and funnel tens of billions of dollars in aid to schools and universities.  

Officials have warned this month in speeches and interviews that the economy faces a deeper downturn and more difficult recovery if the country doesn't take more effective action to slow the spread of infection.

Markets could receive a shock this week when the government issues its first estimate of GDP for the April-June quarter.

"Unemployment benefits are essential," former U.S. International Trade Commission Chief Economist Peter Morici said on Sunday regarding what he thinks should be included in the next coronavirus stimulus bill.

In an interview with "Sunday Morning Futures" host Maria Bartiromo, Bridgewater Associates Founder Ray Dalio warned of a potential capital war if the United States government bans investment in China or withholds its bond payments to the country.

The two months of sales gains followed two months of sharp declines in sales in March and April as much of the country went into lockdown.