U.S. Economy

The White House believes it has an ally in the bond markets to make the case that inflation isn’t an economic threat. Republican lawmakers have interpreted the jump in consumer and producer prices as a sign that inflation is...

WASHINGTON (AP) — Powered by consumers, the U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains...

WASHINGTON (AP) — U.S. employers added a surprisingly robust 379,000 jobs last month in a sign the economy is strengthening as virus cases drop, vaccinations ramp up, Americans spend more and states ease business restrictions. The...

The Congressional Budget Office expects the U.S. economy will grow at a 4.6% annual rate this year, but with employment not returning to pre-pandemic levels until 2024. The 10-year outlook issued Monday said the economic recovery...

WASHINGTON (AP) — Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in...

WASHINGTON (AP) — The Federal Reserve said Wednesday that it will keep buying government bonds until the economy makes “substantial” progress — a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely....

WILMINGTON, Del. (AP) — Acknowledging that the nation is in a “dark” place, President-elect Joe Biden on Monday said his administration would strengthen the country’s vulnerable economy despite the exploding pandemic as he pushed forward with...

WASHINGTON (AP) — President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability to address the challenges. Yet despite the obstacles,...

WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate at a record low near zero Thursday and signaled its readiness to do more if needed to support an economy under threat from a worsening...

WASHINGTON (AP) — The U.S. economy grew at a record 33.1% annual rate in the July-September quarter but has yet to fully rebound from its plunge in the first half of the year — and the...