Economic Indicators

The U.S. economy shrank at a 5.0% rate in the first quarter with a much worse decline expected in the current three-month economic period because of the coronavirus pandemic.

The latest unemployment figures from the Labor Department shed a light on how the nation's jobs market is healing from the virus pandemic and economic shutdown.

Roughly 29 million people were collecting unemployment checks at the end of May

Traders will get fresh data on jobless claims and GDP

The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus.

Leading congressional Republicans, some Senate Democrats and a handful of Trump's economic advisers have questioned the need for a second stimulus check.

Unlike big, “money-center banks” headquartered in New York City such as JPMorgan Chase, Citigroup and in Wells’ case, San Francisco, community banks are locally owned and operated. You won't see their branch offices on every street corner and they don't conduct glitzy advertising campaigns.

Even as unemployment remains at an 80-year high, Congress is considering letting the extra $600 a week in jobless benefits expire at the end of July.

Evans said the economy may not return to pre-crisis levels until there is a treatment or vaccine for COVID-19

By extending the deadline, the federal government allowed individuals and businesses to hold onto their cash longer as they deal with the fallout from the outbreak of the virus.

The SBA amended its rules for loan recipients seeking forgiveness in order to be consistent with the changes passed by Congress earlier this month.

Federal law allows private employers to turn down a job applicant because of a past bankruptcy filing

Charities are struggling during the pandemic and subsequent economic lockdown after fundraising events were canceled. 

Kudlow's comments came one day after Peter Navarro, President Trump's trade adviser, said during a Fox News interview that the trade deal between the world's two largest economies is "over."

The Fed's Main Street lending facility will provide "insurance" against a difficult second half of the year, Rosengren said

The Fed’s latest report suggests that Americans socked away money during the outbreak of the virus and subsequent lockdown instead of spending it.

Eligible businesses must have exhausted their initial PPP loan, or be on pace to spend the aid in order to qualify for another loan.

The recent gains come after coronavirus lockdowns dented commodity prices earlier in the year and are a boon for battered producers

The coronavirus pandemic has forced employers to switch up how they bring in new workers, including offering curbside job fairs

White House economic adviser Kevin Hassett will depart his unpaid position this summer, the White House confirmed to Fox News on Monday.