U.S. Economy

Clothing giant H&M plans to close hundreds of stores next year as the COVID-19 pandemic drives more shoppers online. 

The number of Americans applying for state unemployment benefits remained mostly unchanged for the fifth straight week.

Contract signings are a barometer of finalized purchases over the next two months, so this month’s numbers point to continued strong sales into October.

Joe Biden's proposal to hike taxes on corporations and wealthy Americans could dramatically shrink the nation's economy and destroy millions of jobs, according to new projections from President Trump's former chief economist.

Prices are rising for things people need in the pandemic, even if the overall inflation number remains subdued.

Treasury Secretary Steven Mnuchin said that he and House Speaker Nancy Pelosi agreed to resume talks on another coronavirus relief package more than a month after negotiations first collapsed.

Millions of Americans are still awaiting the arrival of their coronavirus stimulus check and are in danger of losing out on up to $1,200 if they don't get their information to the IRS ahead of several looming deadlines. 

As a result of Britain's exit from the European Union (EU), JPMorgan Chase & Co. is moving around 200 billion euros of assets -- or around $230 billion -- from the United Kingdom (UK) to Germany.

Americans' household wealth hit a record high last quarter as the stock market continued to rebound from the coronavirus pandemic-induced drop earlier this year. 

The coronavirus pandemic has wiped out an estimated 1.4 million franchise jobs through the end of August.

Millions of Americans are at risk of losing out on a coronavirus stimulus check worth up to $1,200, a government watchdog said this week.  

Delta Air Lines has delayed a decision to furlough close to 2,000 pilots until Nov. 1, the union representing its pilots said Tuesday. 

Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin expressed cautious optimism Tuesday that the U.S. economy is rebounding from the pandemic-induced recession.

President Trump's $300-a-week unemployment benefit may have expired for Americans in some states, but millions of laid-off workers are just beginning to receive the boost in jobless aid. 

Biden said Thursday he would push for the tax credit to be increase to $3,000 for children under the age of 17, and $3,600 for families with children who are under the age of six.

A program from President Trump to boost unemployment benefits for the millions of Americans who lost their jobs during the coronavirus pandemic is beginning to expire in some states.

House Republicans are pushing to reopen a key federal relief program designed to keep small businesses afloat during the coronavirus pandemic.

Democratic presidential candidate Joe Biden's plan to hike taxes on corporations could cost the nation's biggest banks billions each year. 

The owner of bankrupt New York Sports Clubs and Lucille Roberts gyms is preparing to sell to lenders that have conceded to supply the financial backing necessary to keep the fitness chains functioning.

New documents released to watchdog group American Oversight lay bare the U.S. Postal Service's chaotic spring.