US Economy

Stocks closed lower on Wall Street as negotiations continue to drag on in Washington over delivering more aid for the economy

Asian shares have fallen, tracking Wall Street’s decline as hopes for badly needed new economic aid for the U.S. economy fade

The federal budget deficit hit an all-time high of $3.1 trillion in the 2020 budget year, more than double the previous record, as the coronavirus pandemic cut revenues and sent spending soaring

Asian stock markets are following Wall Street lower as hopes U.S. leaders might agree on a new economic stimulus before the Nov. 3 presidential election fade

Shares are mostly lower in Asia after solid gains for technology stocks pushed Wall Street higher on Monday

Asian stock markets have followed Wall Street higher on hopes Washington will provide more aid to the U.S. economy

President Donald Trump on Tuesday called an abrupt end to negotiations with Democrats over additional COVID-19 relief, delaying action until after the election despite ominous warnings from his own Federal Reserve chairman about the deteriorating conditions in the economy. Trump tweeted that House Speaker Nancy Pelosi was “not negotiating in good faith” and said he’s asked Senate Majority Leader...

President Donald Trump announced on Tuesday that he had instructed Senate Majority Leader Mitch McConnell, R-Ky., to cease negotiations on the stimulus package until after the election.

The number of Americans seeking unemployment benefits declined last week to 837,000, according to the U.S. Department of Labor. On Friday, the government will issue the jobs report for September.

Month by month, retailers are starting to pay more rent as states lift shutdown orders and consumers become more comfortable venturing out to shop during the coronavirus pandemic. But negotiations, sometimes heated, continue between tenants and landlords.

A bipartisan bill aimed at keeping goods out of the U.S. that are made with the forced labor of detained ethnic minorities in China passed overwhelmingly Tuesday in the House of Representatives.

Democrats controlling the House have unveiled a government-wide temporary funding bill to keep federal agencies up and running into December.

In an unprecedented move last week, the Centers for Disease Control and Prevention made it illegal for landlords across the U.S. to evict tenants who can’t afford to pay their rent.  The ban could prevent up to 40 million Americans from losing their homes amid the pandemic.  Because the action is so new and has little precedent, questions abound.  Are you eligible?...

The stock market ended a second straight day of turbulent trading with more losses Friday, but managed to recoup some lost ground by the end of the day

As Democrats and Republicans in Congress and the Trump administration debate what financial aid should be included in the next coronavirus relief bill — or if there should be another relief bill at all — recent data from the U.S. Bureau of Labor Statistics sheds light on how the 159 million Americans who received the one-time stimulus checks earlier this year spent the...

Americans are heading into Labor Day weekend amid warnings from public health experts that backyard parties, crowded bars and other gatherings could cause the coronavirus to come surging back

The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger

As many parents experienced in the spring, remote learning asks a lot from them, too.

Exceptionally strong demand, historically low supply and record low mortgage rates are combining to fuel the fastest home price growth since 2018.

Asian shares have edged lower after a retreat overnight on Wall Street