U.S. Economy

A fresh round of stimulus checks is likely on the way for millions of Americans after Senate Democrats approved President Biden's "American Rescue Plan" on Saturday

Top House Democrats on Monday urged the Internal Revenue Service to extend the tax-filing deadline beyond the traditional April 15 deadline.

Millions of Americans can expect to receive a third stimulus check after Senate Democrats approved President Biden's "American Rescue Plan" on Saturday.

Goldman Sachs and Caterpillar are leading the Dow to a new record.

Under the new proposal, a metro area would have to have at least 100,000 people in its core city to count as an MSA, double the 50,000-person threshold that has been in place for the past 70 years

The Internal Revenue Service reported last week the total dollar amount of tax refunds was down 59.2% through Feb. 19, exactly one week after the start of tax season.

The U.S. job market is going ‘strong’ in the early months of 2021, however, some are concerned that the $1.9 trillion stimulus package will have a negative impact on the number of people participating in the workforce, according to EmployBridge workforce analyst Joanie Bily.

The U.S. economy created more jobs than expected in February, driven by bars and restaurants re-hiring tens of thousands of workers.

Senate Democrats reached a deal on Friday to lower the weekly unemployment benefits in the nearly $2 trillion coronavirus relief bill to $300 from the $400 included in the House version of the bill.

The federal debt is poised to double to 202% of gross domestic product over the next 30 years, according to the Congressional Budget Office.

The Labor Department released its monthly jobs report on Friday, sheding light on the health of the nation's economy.

Federal Reserve Chairman Jerome Powell said Thursday that inflation could temporarily rise as the U.S. economy reopens from the coronavirus-induced shutdowns.

More than 16 million Americans will no longer qualify for a third stimulus check under stricter eligibility parameters endorsed this week by President Biden. 

President Biden is open to making the temporary expanded child tax credit included in the latest coronavirus relief package permanent.

The Labor Department's data on weekly jobless claims shed light on the economy's recovery from the damage inflicted by the coronavirus pandemic.

A Federal Reserve survey of business conditions across the United States has found that economic activity was expanding at a modest pace in February.

Democrats are on track to approve hundreds of billions of dollars in no-strings-attached aid for state and local governments in the latest coronavirus relief package.

President Biden has endorsed a plan from moderate Democrats to narrow income eligibility for the third round of stimulus checks in his nearly $2 trillion coronavirus relief package.

House Republicans on Wednesday unveiled a bill to block a financial transaction tax after the recent frenetic trading of GameStop shares revived a years-long effort by progressive Democrats to impose a penalty on stock trades.

Rep. Alexandria Ocasio-Cortez called the debate over raising the minimum wage to $15 per hour "utterly embarrassing."