Fed lending program for state, local governments up and running
The Fed created the $500 billion facility to directly purchase state and local debt.
Trump administration carves out $10B in small business relief fund for low-income communities
The move is intended to guarantee the forgivable loans reach traditionally underserved communities, the agencies said.
Unemployment numbers show 'heartening' improvement as states reopen: labor secretary
Continuing claims totaled 21.05 million, down 3.86 million from the previous week, according to the Labor Department.
Congress needs to 'do more' to aid US recovery from coronavirus lockdown, Gary Cohn says
Cohn urged Congress to focus on the next stage of the nation's economic recovery.
Durable goods orders in US tumbled 17.2% in April
Sales of long-lasting goods tumbled in April, as businesses cut investment in response to the global coronavirus pandemic.
US growth revised lower in first quarter, with economy shrinking by 5%
Gross domestic product, the broadest measure of goods and services produced across the economy, fell at a seasonally adjusted annual rate of 5 percent.
Over 2.1M Americans filed for unemployment last week, pushing total job losses to 40M from coronavirus lockdown
It marks the eighth week in a row of declining jobless claims since the peak of 6.9 million the week ended March 25.
New wave of U.S. layoffs feared as coronavirus pain deepens
Another 2.1 million people are expected to have filed claims
Stock futures mixed as traders await latest economic figures
The latest GDP and jobless figures will be released before trading begins
Home foreclosures in 'holding pattern' amid ban on eviction
About 3 percent of those homes, or 7,650, are sitting empty (so-called "zombie properties). That's down slightly from 3.1 percent in the previous quarter
To fast-track coronavirus recovery Republicans ask Trump not to suspend seasonal guest worker visas
Lawmakers say these workers are critical to keeping vulnerable small businesses afloat.
Fed's Bullard: Expanded unemployment pay not appropriate as recovery takes hold
Bullard said policymakers should consider incentives for workers to return to their jobs instead
Fed's Beige Book reports coronavirus pandemic triggered 'sharp' decline in US economic growth
Most of the Fed’s 12 districts reported a sharp decline in economic activity, the central bank said.
Who is San Francisco Fed President Mary Daly?
The San Francisco Fed represents the twelfth district in the U.S., which is the nation's largest by area and population.
Andrew Yang urges US to 'seriously' consider four-day workweeks
The concept of a four-day workweek has been kicked around for years, but it's gained some momentum during the coronavirus pandemic
Trump weighing 'whole menu' of action against China over Hong Kong: Wilbur Ross
One year after last summer's chaotic and frequently violent anti-government protests, the Chinese government has announced that it plans to pass a controversial national security law.
Americans tapping retirement savings after coronavirus-led job loss, study finds
The coronavirus pandemic has caused 38.6 million job losses
"Re-entry anxiety" in coronavirus pandemic threatens reopening plans
As the economy slowly starts to reopen, how to cope with reentry anxiety for people grappling with uncertainty
Kudlow says Trump wants US economy to reopen 'as rapidly as possible' but in a 'safe way'
It's been close to 10 weeks since the Democratic governors of California, New York, New Jersey and Illinois ordered all nonessential businesses in their states to close.
Rent eviction bans begin to expire in some states, fueling housing crisis concerns
A recent survey found the outbreak of the virus has affected the income of nearly two-thirds of all renters.