U.S. Economy

Republican Sens. Mitt Romney and Tom Cotton unveiled a proposal on Tuesday to raise the federal minimum wage to $10 per hour by 2025.

The Biden administration announced several changes to the Paycheck Protection Program this week, more strictly limiting which small businesses are eligible to receive forgivable loans through the federal rescue fund. 

Federal Reserve Chairman Jerome Powell said Tuesday the U.S. economy remains in the throes of the coronavirus pandemic, telling Congress during his semi-annual testimony that the outlook is "highly uncertain."

Home prices rose 10.4% year over year in December, according to the national Case-Shiller index, the fastest since January 2014.

House Democrats are on track to pass President Biden's nearly $2 trillion coronavirus relief package by the end of the week as Congress races to provide a fresh round of aid to families and businesses still reeling from the pandemic.  

Utah has an estimated budget surplus of $1.5 billion, even after a year of battling the COVID-19 pandemic that has hurt state tax revenues.

The program, which is overseen by the U.S. Small Business Administration and the Treasury Department, reopened in January after Congress in December authorized its relaunch with $284 billion in funding.

With vaccine rollouts delayed in some places and new virus strains appearing, it is looking more likely that international travel could be stalled for years.

Rep. Alexandria Ocasio-Cortez on Friday skewered fossil-fuel billionaires who she said had profited off the surge in prices for fuel as a brutal winter storm across Texas left millions without power.

President Biden's coronavirus aid proposal would allocate nearly $130 billion toward reopening the nation's schools.

President Biden's top economic adviser Brian Deese downplayed a recent report from the nonpartisan Congressional Budget Office that found raising the minimum wage from $7.25 to $15 an hour by 2025 would cost the economy about 1.4 million jobs.

 U.S. home sales unexpectedly rose in January despite tight inventories boosting house prices.

A group of House Democrats is calling on the Internal Revenue Service to extend the tax-filing deadline by three months.

As the coronavirus pandemic continues to rage across the country, states are struggling to mitigate the spread of the deadly virus whilst safely reopening their economies. 

These 38 stocks had the largest bets against them of any Russell 3000 stocks as of January 29, according to Goldman Sachs.

Some Americans should consider filing their 2020 tax return as soon as possible in order to collect a bigger stimulus check. Here's why.

Duke Energy Corporation predicted Wednesday that conditions from the latest winter storm could result in nearly one million power outages, with some lasting over a span of days. 

The Labor Department released data showing how many Americans filed for unemployment benefits last week.

The Internal Revenue Service said this week that it has finished issuing stimulus checks to all of the eligible taxpayers that it has on file.

Entrepreneurs, intellectuals and presidential candidates have in recent years touted “universal basic income,” a cash stipend to everyone with no strings attached, as the answer to poverty, automation and the drudgery of work. It has never gotten off the ground in the U.S.