Fed"s Powell says national data today show "strong economy"

The U.S. "may well be in recession" but progress in controlling the spread of the coronavirus will dictate when the economy can fully reopen, Federal Reserve chair Jerome Powell said Thursday in an interview on NBC's Today Show......»»

Manufacturing and trade reports Tuesday confirmed that GDP is on pace to rise more than 2% for the fourth quarter......»»

Robust earnings from Google-owner Alphabet and Intel lifted U.S. stock index futures on Friday, as investors await data that is widely expected to show that the domestic economy grew at its slowest pace in over two years in the second quarter......»»

The strong economy has finally started to show some weakness around slower global growth and trade tensions. After a very weak Empire Manufacturing report from the Federal Reserve Bank of New York,........»»

Good morning, Orlando! A new report on national philanthropy trends found that charitable giving dropped by 1.7% last year, despite a strong economy, and giving by individuals dropped by more than 3% — the largest drop since the end of the most re.....»»

There"s a smaller share of workers in the gig economy today than before Uber existed, official data show.....»»

Americans’ spending rose more than forecast in O.....»»

The S&P 500 notched a new record as data showed the US economy near full recovery. Facebook and Apple earnings also lifted the market. Photo by: Sergi Reboredo/VW PICS/Universal Images Group via Getty Images The S&P 500 closed .....»»

Strong retail sales data and a drop in weekly jobless claims served as a signal to investors that the reopening of the US economy is progressing. Xinhua/Wang Ying/Getty Images US stocks c.....»»

Federal Reserve Chair Jerome Powell said in an interview that aired Sunday night that the U.S. economy is at an “inflection point” due to widespread vaccinations and strong monetary support......»»

Ohio boasts a strong education backbone from elementary to higher education. A new report — 2021 Best Colleges in Ohio — crunched data to determine the best colleges in the state.  The rankings — from the national website Niche.com — is b.....»»

The jobs report may be strong and the US economy may be recovering, but that doesn't mean the Fed is going to ease off the COVID crisis measures. Federal Reserve Chair Jerome Powell pre.....»»

The U.S. economy expanded at an annual 4.1% pace in the fourth quarter instead of 4%, revised government data show......»»

US stocks were inching toward record highs Friday as investors finished the week in an upbeat mood in the wake of strong economic data. Oil prices have jumped, with investors expecting a strong rebound .....»»

US stocks were set to inch towards new record highs on Friday, as investors finished the week in an upbeat mood in the wake of strong economic data. Oil prices have jumped, with investors expecting a strong rebound in demand as .....»»

One Thursday morning seven weeks ago, Federal Reserve Chair Jerome Powell made a rare appearance on NBC's "Today Show" to offer a reassuring message to Americans dealing with economic fallout from measures to contain the coronavirus outbreak......»»

The market seems caught in mixed thinking. On the one hand, excitement about the economy slowly starting to reopen has boosted .....»»

The data behind April's unemployment rate paints a devastating portrait of how the coronavirus pandemic has leveled the U.S. economy – but it may not show the full picture......»»

More than 20 million jobs were lost in April as the coronavirus pandemic has wreaked havoc on the nation’s economy. The national unemployment rate skyrocketed to 14.7 percent, according to federal data released Friday. In all, 20.5 million nonf.....»»

Minneapolis Federal Reserve Bank President Neel Kashkari shared his thoughts on reopening of the U.S. economy on NBC’s Today Show in an interview ahead of Friday’s monthly employment report......»»