U.S. Economy

The administration may cap unemployment benefits at no more than 100 percent of a worker's salary in the next virus relief bill.

A second direct payment could face opposition from Senate Republicans, who have voiced concerns about the nation's ballooning deficit and worried about the ineffectiveness of the aid.

Democratic presidential candidate Joe Biden is "blatantly ripping off" President Trump's "Buy American" agenda, White House trade adviser Peter Navarro said Sunday.

A total of nine U.S. states - Alaska, Georgia, Idaho, Iowa, Louisiana, Montana, Ohio, Utah and Wisconsin - also reached records for single-day infections.

Companies that contract with major U.S. cities to provide red lights and other traffic enforcement cameras reaped millions in taxpayer-funded aid

Larry Kudlow said presumptive Democratic nominee Joe Biden's economic plan "defies common sense."

The United States economy could potentially collapse due to the looming debt New Yorkers are facing, economist Peter Morici said.

Trump slammed his challenger's proposal to pay for a $700 billion economic-revival plan by raising taxes.

More widespread usage of face masks, which is recommended by the Centers for Disease Control, could be pivotal in aiding the economy's nascent recovery.

You should file tax forms with the IRS by July 15, no matter how stressed or financially stretched you are this year. Here's why.

The sweetened $600 a week in unemployment benefits expires at the end of July. Out-of-work Americans in these states will be getting the smallest checks once it does.

Small Business Administration Administrator Jovita Carranza defended the multimillion-dollar PPP loans to the wealthy and well-connected companies. 

The latest jobless claims figures from the Labor Department show how many Americans filed for unemployment benefits the week ending July 4.

The U.S. budget deficit soared to a record $2.7 trillion for the first nine months of the fiscal year, as federal revenues dried up and spending surged.

Biden is expected to lay out a plan that calls for aggressively ramping up "Buy American" provisions covering U.S. government spending that would account for a larger part of the U.S. economy.

Nearly half of Americans have seen their income decline during the coronavirus pandemic, according to a new study

Roughly one-third of households -- 32 percent -- have not made their complete housing payment in July, a survey published Wednesday found.

If the government sends cash payments to Americans until the crisis recedes, it will help to boost consumer spending, the economists argued

What the next stimulus bill will look like remains unclear, but certain measures that are on the table include another stimulus check for individuals earning less than $40,000, payroll tax relief and limited liability protection for businesses.

The Paycheck Protection Program helped small businesses avert mass layoffs and kept small businesses afloat during the coronavirus pandemic. It may also be a revenue windfall for banks.