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US budget deficit hits $2.77 trillion in 2021, 2nd highest
WASHINGTON (AP) — The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but ... Read more
Latest gross domestic product
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US economy surpasses pre-pandemic size with 6.5% Q2 growth
WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual ... Read more
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US recovery from pandemic recession is showing momentum
WASHINGTON (AP) — Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably ... Read more
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Biden open to compromise on infrastructure, but not inaction
President Joe Biden drew a red line on his $2.3 trillion infrastructure plan Wednesday, saying he is open ... Read more
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Budget office expects $2.3T deficit before Biden relief plan
BALTIMORE (AP) — The Congressional Budget Office says the federal government is on track for a $2.3 trillion ... Read more
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US economy grew at 33% rate in Q3
WASHINGTON (AP) — The U.S. economy grew at a record 33.1% annual rate in the July-September quarter but ... Read more
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1.2 million seek jobless aid after $600 federal check ends
WASHINGTON (AP) — Nearly 1.2 million laid-off Americans applied for state unemployment benefits last week, evidence that the ... Read more
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Drug proves effective against virus as economic damage rises
Scientists on Wednesday announced the first effective treatment against the coronavirus — an experimental drug that can speed ... Read more
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US economy shrank 4.8% last quarter, with worst yet to come
WASHINGTON (AP) — The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic ... Read more
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IMF: Global economy will suffer worst year since Depression
WASHINGTON (AP) — Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst ... Read more