U.S. Economy

Biden’s ‘Buy American’ plan eyed warily by other countries

Domestic-purchase plans put other governments on alert, causing concern that their companies would be excluded from the U.S.'s huge government-procurement market when Washington is making massive investments to fight the fallout of the Covid-19 pandemic.

COVID-19's financial toll mounts as homeowners keep postponing mortgage payments

The proportion of homeowners postponing mortgage payments had been falling steadily from June to November, an indication that people were returning to work and the economy was beginning to recover. But the decrease has largely flattened since November, when the current wave of coronavirus cases surged in communities across the country.

Biden to extend student loan forbearance, eviction moratorium

President Biden plans to sign a pair of executive orders on Wednesday just hours after his inauguration extending an eviction moratorium and forbearance on student loans as part of a relief effort for Americans still reeling from the coronavirus pandemic. 

Boeing 737 Max to be cleared by European aviation agency

The Boeing 737 Max will be approved to resume flights in Europe next week, following nearly two years of reviews after the aircraft was involved in two deadly crashes that saw the planes grounded worldwide, the head of the European aviation safety agency said Tuesday.