Economy

President Donald Trump has issued executive orders to revive an expired unemployment benefit and defer some payroll taxes, contending he must act because lawmakers have failed to agree on a new coronavirus relief package

At a time when unemployment is high and a federal jobless benefit has just expired, one category of American workers has been largely overlooked: People who still have jobs but whose financial struggles have nevertheless escalated in the face of the pandemic

Wall Street’s big rally let off the accelerator on Friday, despite a better-than-expected report on the U.S. job market, amid worries about worsening U.S.-China tensions and whether Washington can deliver more aid for the economy

The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound. At any other time, hiring at that level would be seen as a blowout gain. But after employers shed a staggering 22 million jobs in March and April,…

Asian shares are mostly lower in lackluster trading as trade tensions between the U.S. and China offset optimism about more fiscal stimulus in the U.S. Benchmarks in Japan, China and Australia fell in Friday morning trading

Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the coronavirus keeps forcing companies to slash jobs just as a critical $600 weekly federal jobless payment has expired. The government’s report Thursday did offer a smidgen of hopeful news: The number of jobless claims declined by 249,000 from the previous week, after rising for two…

Stocks are mixed in Asia as investors watch to see if lawmakers will come ahead with fresh stimulus for the U.S. economy

Major Asian stock markets have declined amid investor concern about the status of U.S. stimulus spending and a trade agreement with Beijing

Global shares were mixed on Monday as investors weighed risks from rising coronavirus cases with hopes for a recovery in some places like China.

The coronavirus pandemic is entering a new month, meaning Americans struggling amid the economic fallout once again have to worry about paying their rent

Big Tech continues to steamroll through the pandemic, and strong gains for some of the market’s most influential companies on Friday helped Wall Street close out its fourth straight winning month

Asian shares are tumbling as earnings coming in around the world showed mostly dismal results amid the coronavirus pandemic

With aid expiring, the White House has offered a short-term extension of a $600 weekly unemployment benefit that has helped keep families and the economy afloat during the COVID-19 pandemic, but Democrats rejected it, saying President Donald Trump’s team failed to grasp the severity of the crisis

A University of New Haven professor says Congress will need to pass new stimulus measures to prevent the U.S. economy from a larger downturn.

The U.S. economy shrank at a dizzying 33% annual rate in the April-June quarter — by far the worst quarterly plunge ever — when the viral outbreak shut down businesses, throwing tens of millions out of work and sending unemployment surging to 14.7%, the government said Thursday

President Donald Trump and Democratic challenger Joe Biden both promise sweeping progress over the next four years – via starkly different paths.

Asian stock markets have risen after the U.S. Federal Reserve left interest rates unchanged to support a struggling economy

Federal Reserve officials are grappling this week with the timing and scope of their next policy moves at a time when the raging viral pandemic has weakened the U.S. economy

Asian shares are mixed as reports of dismal company earnings add to pessimism over the widespread economic fallout from the coronavirus pandemic

Shares are trading higher in Asia after U.S. stocks resumed their upward march on Wall Street, while the price of gold pushed to new record highs