U.S. Economy

Sen. Ron Johnson blocked a last-minute push by his Republican colleague Sen. Josh Hawley on Friday to secure a $1,200 stimulus check for American families still reeling from the coronavirus pandemic. 

J.C. Penney is closing even more stores in March of 2021. 

Oregon's new $62 million pandemic relief fund for Black residents will stop allocating grants and deposit the remaining $8.8 million with a federal court while legal challenges against it continue.

A top Republican senator warned the government could briefly shut down over the weekend as top congressional leaders from both parties race to finalize a $900 billion coronavirus relief deal that will be married to the massive omnibus spending measure.

Negotiations over another coronavirus relief package are poised to spill into the weekend as congressional leaders scramble to overcome last-minute policy disagreements and reach a bipartisan deal on roughly $900 billion in emergency aid. 

Economists trying to forecast what the first quarter will look like have a seemingly impossible task.

Due to Covid-19, the borrowings of U.S. nonfinancial companies were 8.5% higher at the end of September than a year earlier, when they were already above the 2009 peak both in absolute levels and as a percentage of gross domestic product.

An Amazon warehouse worker's complaint that he was illegally disciplined for organizing fellow employees during the coronavirus pandemic was upheld in a National Labor Relations Board investigation.

New U.S. Government Accountability Office data revealed this week that more than 4,000 of Amazon's warehouse workers are on food stamps across nine states.

Rep. Alexandria Ocasio-Cortez asked her millions of Twitter followers whether a $600 stimulus check is enough money for coronavirus relief.

Congressional leaders are inching closer to striking a deal for a long-delayed coronavirus relief bill as millions of Americans still reeling from the pandemic await relief. 

U.S. airlines, already struggling under the economic depression of the COVID-19 pandemic, were forced to cancel more than 600 flights this week as a massive snowstorm pounded the East Coast. 

Congressional leaders continued to hammer out the details of a $900 billion coronavirus relief bill alongside a year-end spending bill as another government shutdown deadline on Friday evening looms. 

The number of Americans filing for first-time unemployment benefits remained elevated last week.

The French Laundry, the posh California restaurant where Gov. Gavin Newsom was spotted dining with friends and lobbyists one month ago, received more than $2.4 million in taxpayer-funded loans through the Paycheck Protection Program.

MacKenzie Scott, one of the world's richest women, announced Tuesday that she had donated $4.2 billion to 384 charity organizations during the COVID-19 pandemic.

U.S. retail sales fell in November for the first time in six months, suggesting consumers are pulling back on spending.

Most small-business owners in the United States believe the worst of the coronavirus pandemic is still ahead of them, with half saying their operations would permanently close within a year unless the business environment improves, the U.S. Chamber of Commerce said on Tuesday.

A candidate for New York City mayor and one of the highest-ranking Black executives on Wall Street hinted this week that he supports raising taxes on the state's wealthy residents.

Berkshire Hathaway CEO Warren Buffett called on Congress to extend a rescue program for the nation's pandemic-stricken small businesses, likening the shutdown of businesses across the country to an "economic war."