U.S. Economy

Home Depot has experienced a surge in foot traffic, far exceeding growth projections from the previous year.

States are expected to start distributing the benefit by the end of August, according to a FEMA memo.

New York Gov. Andrew Cuomo said Monday that gyms can reopen in the state next week, at one-third capacity and with social distancing and health precautions.

The presidential election is three months away, but some traders are preparing for the possibility that prolonged political uncertainty will stoke stock-market mayhem.

There are several key issues that Democrats and Republicans are fiercely divided about

Biden's plan to address the economic fallout of the pandemic says that lawmakers "could include cash payments to working families" but it's unclear if he supports Harris' proposal.

Trump said he's directed Steven Mnuchin to send another round of stimulus checks, but accused Democrats of holding up the aid.

The coronavirus pandemic has pushed U.S. companies to go bankrupt at a rate that could make 2020 the worst year for bankruptcies since 2010 during the fallout of the Great Recession, according to a new report from S&P Global.

The majority of the jobs lost as a result of the coronavirus pandemic were likely temporary, the Trump administration estimated.

The initial claims drop is just the latest in a series of very encouraging economic data over the last three months.

Trump blamed the Postal Service and money for mail-in voting as a primary reason behind the deadlocked coronavirus relief negotiations.

Economists surveyed by Refinitiv expected 1.12 million new claims.

Both political parties broadly support a fresh round of $1,200 stimulus payments, but there are several key outstanding issues on a deal, including the price tag.

New York was ranked the lowest in the country in terms of economic outlook by a new report that examines policies and whether they have helped or hurt their state’s competitiveness.

The U.S. is teetering on the brink of the "most severe housing crisis" in decades, according to a new report.

The measure authorizes an extra $400 in federal unemployment benefits – $100 of which will come from state budgets.

The Trump administration is open to more coronavirus-related aid for states but not bailouts of "bad management," White House economic adviser Larry Kudlow said on Wednesday.

Democratic leaders and White House officials are still at a stalemate regarding another coronavirus relief deal, Pelosi said.

Rosengren raised fresh doubts about the viability of a full economic rebound and said the virus will continue to dictate the speed of the nation's turnaround.

Mnuchin called on Democratic negotiators to pass a "half legislation that's good for the American public" on coronavirus relief.