The snags holding up a second big coronavirus economic aid package include money for state and local government as well as for the unemployed, House Speaker Nancy Pelosi told her colleagues Friday.
The record decline in the U.S. economy in the early stages of the coronavirus pandemic was lowered slightly to a 31.4% annual pace — setting the stage for a big rebound in the third quarter.
The $600 in weekly unemployment benefits provided by the CARES Act expired at the end of July, and the extra $300 funded by FEMA will be exhausted soon.
Leon Cooperman, the 77-year-old billionaire chief executive of hedge fund Omega Advisers, has a lot of thoughts on the stock market. Or, as he puts it, three stock markets.
One expert says Trump’s reportedly low tax bill is the ‘logical conclusion’ of a tax code filled with special breaks; another says the president is ‘an outlier.’
Climate change was an unexpected addition to first presidential debate, pushing President Trump to spend a rare several minutes talking about his decision to pull the U.S. from the Paris pact and roll back many environmental protections, some in place for decades.
A measure of business conditions in the Chicago region surged in September to the highest level since the end of 2018, a stronger than expected reading that reflects improvement in manufacturing and the resilience of the broader U.S. economy.
The $600 in weekly unemployment benefits provided by the CARES Act expired at the end of July, and the extra $300 funded by FEMA will be exhausted soon.