U.S. Economy

Critics, including many economists, blame Greenspan for not doing enough to prevent the 2008 recession.

Unknown variables surrounding the future of the country following coronavirus shutdowns negates the notion of a V-shaped recovery, said John Layfield.

Stocks plunged Thursday morning on the Fed's dour forecast and a resurgence of COVID-19 cases in some states.

Sen. John Kennedy proposed leftover money in the PPP fund should go toward businesses damaged by looting and riots.

U.S. wholesale prices rose 0.4% in May, led by gains in the cost of food and energy.

Allentown, which largely fended for itself amid sharply falling tax revenue, is yearning for help from the federal government as the third-largest city in Pennsylvania with a population of over 120,000 can barely plug a multimillion-dollar budget hole left by the coronavirus pandemic.

Congress has passed three massive stimulus packages totaling close to $3 trillion to blunt the economic pain from the outbreak of the virus.

The deficit does not reflect the outlays for forgivable small business loans.

Powell said it's 'quite likely' that millions of Americans will struggle to find jobs, despite the surprisingly good May jobs report.

It's characterized by a lack of government intervention, private ownership, freedom of choice, self-interest and competition.

The Fed responded to the pandemic by taking a range of extraordinary actions to support the economy.

A majority of small businesses — 79 percent —  are open in some capacity, according to the Chamber of Commerce.

Mnuchin said the White House will take a close look at sending a second round of stimulus payments to Americans.

Mnuchin's comments come on the heels of the surprisingly strong May jobs report.

U.S. consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the American economy into a recession.

The OECD said in a grim quarterly forecast that the global economy will be slow to return to pre-crisis levels

Deploying negative interest rates could be one way for the U.S. central bank to ensure a rigorous economic rebound, according to one Fed economist.

So far, the state has not experienced a sustained surge in COVID-19 cases that critics warned would happen when the shelter-in-place order expired.

The Internal Revenue Service set an Oct. 15 deadline for non-filers to submit their address or direct deposit information through the “Non-Filers” tool.

U.S. employers laid-off 7.7 million workers in April, a sign of how deep the economic hole is as offices, restaurants, stores and schools are re-opening after being shuttered because of the coronavirus.