8 million more Americans, including 2.4 million Black Americans, were living in poverty at the end of 2020 compared to one year before.
"We need to stop pretending that student loan debt is actually a 'crisis,'" a libertarian think tank fellow wrote in response to Democratic proposals.
The more than 75.6 million votes Biden won in the 2020 election led him to victory in nearly all of the country's top 100 most powerful local economies.
President Donald Trump regularly polls strongly on the economy, one of the few advantages he has over his rival, Democratic nominee Joe Biden.
"[If] Republicans continue to hold the senate, that will give us gridlock and I'm always a great fan of gridlock because nothing really gets done," Gartman told the Fox Business Network host.
First-time unemployment claims increased the most last week in the states of Indiana, Kansas, Illinois and Michigan, with some economists saying the U.S. economy is "running on empty."
Senate leaders are working with Treasury Secretary Steve Mnuchin to craft legislation that could lead to a second round of stimulus payments this summer.
While some economists are optimistic about a V-shaped recovery, millions of Americans continue to file new jobless claims, a big chunk of business closures are permanent, and COVID-19 cases are spiking in some areas.
Social Security benefits are taxed based on provisional income, which includes any additional taxable income. Do the stimulus checks qualify as additional taxable income? Newsweek spoke to tax expert Caroline Bruckner to find out.
The president's overall handling of the economy were rated as poor or very poor by 42 percent of people in the Bankrate.com survey.
The economy was the jewel in President Donald Trump's re-election campaign. With a successful reopening, it might be once again. But there are major risks and the recovery will likely be slower than first thought.
With millions of people facing redundancy and income loss as a result of the coronavirus pandemic, paying the bills is becoming a problem for many.
The government needs to focus on coronavirus testing and other measures to address the pandemic, such as developing treatments to get the country moving, House Speaker Nancy Pelosi said.
In his latest 'Quarantine Minilogue' on YouTube, the late-night television host skewered Trump's plans to reopen business by Easter.
The coronavirus pandemic is triggering job losses and 1 million people could be laid off in April alone, a former White House economist warned.
Millions of households are braced for a sudden loss of income as President Donald Trump admits that there "may be" a recession because of the coronavirus pandemic.
Fifteen economists said they expect the economy to shrink sharply in the second quarter because of the coronavirus outbreak, ending the longest expansion in U.S. history.
Banks told Newsweek they have no new coronavirus policies on mortgage forbearance, but there are existing options available to any of those struggling financially because of the health emergency.
To offset the economic damage caused by the coronavirus, President Donald Trump touted a "very substantial" cut to payroll tax as part of a plan set to be unveiled.
The U.S. Federal Reserve cut interest rates by a half percentage point Tuesday morning as a means of pushing back against a recent downturn tied to the coronavirus illness—and not from Trump's pressure, Chairman Jerome Powell said.
President Donald Trump has suggested that a trade deal with China is imminent to resolve a conflict that is damaging both economies.
As inventory begins to run out at GM dealerships, the automaker could lose its brand-loyal customers to competitors.
The conservative BlazeTV host, who has made predictions of economic doom before, claimed the Fed is "printing money to bail out the banks again."
President Donald Trump has pointed the finger at the Federal Reserve amid talk of a recession, but voters are looking at him.
"Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time!" Trump Tweeted
CNBC survey shows President Donald Trump's approval rating on the economy is still in positive territory but has fallen since summer 2018.
Almost half of Americans are struggling to meet their daily costs, despite working, and a majority want more financial help from the government, according to a new report.
"The second-quarter number would be humongous if the government reopened. It would be like 4 or 5 percent," Kevin Hassett, chairman of Trump's Council of Economic Advisers, told CNN.
An overwhelming majority of U.S. chief financial officers say the economy will sink into a recession by the end of Trump's first term in 2020, and about half say it will happen next year.