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The US has now recovered about 96% of its pandemic-era decline in output. A 10% surge for first-quarter GDP would have completed the economic rebound. People dine at Alessa while pedestrians walk a.....»»

Gold futures climbed Thursday, with a steep decline in U.S. Treasury bond yields prompting prices to settle at their highest since late February. Gold also garnered some support as upbeat U.S. economic data l.....»»

Industrial production rebounded 1.4% in March after a revised 2.6% decline in the prior month, the Federal Reserve reported Thursday......»»

U.S. unemployment claims sank by 193,000 in early April to a fresh pandemic low --- an unusually large decline that likely reflects both an improving economy but also ongoing problems in processing applications for jobless benefits......»»

New stimulus and economic reopening could lift inflation, but the effect will likely be small and temporary, Powell said. Traders work, as a screen shows Federal Reserve Chairman Jerome Powell's news conference after the U.S. Federal Reserve.....»»

Nearly 800,000 people applied for unemployment benefits in early February, signaling that scores of workers are still losing their jobs despite the rollout of coronavirus vaccines and a decline in Covid-19 cases......»»

Businesses sharply cut back on the number of people they hired at the end of 2020, a new survey shows, with most of the decline at restaurants, hotels and other companies hurt most by the coronavirus. The U.S. lost a net 5.5 million jobs in 2020......»»

Oil futures climb on Wednesday to score another finish at the highest in a year, finding support from expectations that U.S. economic stimulus measures will boost energy demand and a modest weekly decline in U.S. crude inventories......»»

Oil futures climb on Wednesday, on track to score another finish at the highest in a year, finding support from expectations that U.S. economic stimulus measures will boost energy demand and a modest weekly decline in U.S. crude inventories......»»

"We are now seeing the strongest string of COVID-19 declines that was not seen since Wave 2 ended over the Summer," Lee explained. Cindy Ord/Getty Images A sharp decline in COVID-19 cases is leading to a newfound ris.....»»

Bars and restaurants got crushed again in December after the biggest coronavirus outbreak yet. Eating and drinking establishments lost 372,000 jobs last month, marking the first decline since April when they laid off a whopping 5.4 million people......»»

The U.S. private sector lost 123,000 jobs in December, the first decline since April, according to ADP data released Wednesday......»»

Industrial production rose 0.4% in November, weighed down by a sharp decline in utilities, the Federal Reserve reported Tuesday......»»

Manufacturing activity in New York State continued to decline sharply in May, the New York Fed said Friday......»»

The wholesale cost of U.S. goods and services sank 1.3% in April — the largest decline on record — as the coronavirus bore down on the economy and cratered demand......»»

With the U.S. economy facing its potentially deepest economic decline in nearly a century, Wall Street is pulling further and further ahead from Main Street......»»

One thing anxious Americans don’t have to worry about, with the COVID-19 pandemic shutting down large slices of the economy, is inflation. Consumer prices sank 0.8% in April to mark the biggest decline since the 2008 Great Recession......»»

Zimbabwe Begs For Aid To Avoid "Collapse" Zimbabwe finds itself in economic dire straits. Again. The South African nation which previously wiped out its debt with a historic .....»»

EUR/USD Current Price: 1.0848 US ISM Non-Manufacturing PMI contracted to 41.8 in April, better than anticipated. The market’s mood was upbeat amid economic re-openings. EUR/USD at risk of extending its decline once below 1.0790......»»

Remittances to Mexico reached a record high in March, surprising analysts who were expecting a decline, as workers in the U.S. rush to send savings back home amid a worsening economic outlook......»»