U.S. Economy

The Federal Reserve announced Friday that it will adjust its Main Street lending program to better support small businesses still reeling from the coronavirus pandemic 

A Small Business Administration program intended to keep entrepreneurs afloat during the coronavirus pandemic may have sent billions of dollars to scammers and ineligible applicants, according to a new watchdog report.

White House chief economist Joe LaVorgna said new data shows Americans "are spending like crazy."

The U.S. economy is a top priority for the Trump administration, White House chief of staff Mark Meadows said Thursday.

The U.S. economy grew at a record-shattering pace in the third quarter as businesses reopened from the coronavirus shutdown, but the nation remains in a deep hole from the COVID-induced recession.

The number of Americans applying for state unemployment benefits remained persistently high last week, indicating the pace of layoffs is still elevated as a resurgence in coronavirus cases threatens to derail the economy's recovery.

Five days before the November election, the U.S. will likely report the fastest economic growth on record — but the growth data is unlikely to give President Trump the bounce he's looking for as he trails Joe Biden nationally. 

In a continuation of its 2,500% rally from mid-March, Tupperware Brands Corp.'s stock skyrocketed Wednesday, up as much as 41%.

The odds of Congress striking a coronavirus relief deal before the November election dimmed considerably this week after the Senate left Washington for their October recess with no agreement in place.

U.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases began across the country.

Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well.

As restaurants gear up to extend outdoor dining in colder parts of the country, many are seating guests in enclosed and sometimes heated structures. But when it comes to virus transmission, is eating in covered outdoor setups less risky than inside?

The IRS on Monday released the updated tax brackets for the 2021 filing season, which have been modified to reflect inflation. 

Americans who are still awaiting the arrival of their full coronavirus stimulus check received extra time this week to register for the extra $500 payment for their children. 

Despite months of wrangling between White House officials and Democratic leaders over another round of coronavirus relief, a deal before the November election appears increasingly unlikely, threatening to imperil the nation's recovery from the pandemic.

Sales of new homes fell by 3.5% in September to a seasonally-adjusted annual rate of 959,000 million units, the Commerce Department said Monday, as the housing market's summer buying season came to a close.

The polls may be tightening as the 2020 presidential election is just over a week away, but Democratic nominee Joe Biden and his top advisers are already laying out an aggressive economic agenda that would make raising taxes their top and immediate priority if the former vice president is elected, FOX Business has learned.

White House economic adviser Larry Kudlow ripped Democratic presidential candidate Joe Biden for pledging to raise the federal minimum wage to $15 per hour.

Joe Biden has pledged to not raise taxes on any American who earns less than $400,000, but a new analysis published this week found that the Democratic presidential nominee's tax increase proposals could indirectly fall on the middle class.

President Trump's senior economic adviser Larry Kudlow said Thursday that "significant policy differences" remain in coronavirus relief negotiations as White House officials and Democratic leaders struggle to strike a deal before the November election.