U.S. is still in a ‘very significant recession’ despite job gains, Fed official says
A full recovery won’t happen until the coronavirus pandemic is under control despite recent unemployment data on…
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U.S. economy
Coca-Cola CEO expects a ‘U’-shaped recovery for the U.S. economy
Coca-Cola CEO James Quincey said on Wednesday he’s expecting a “extended U”-shaped recovery for the U.S. economy.
U.S. full economic recovery may need a coronavirus vaccine; says Fed’s Powell
U.S. full economic recovery may require the arrival of a coronavirus vaccine, said the country’s Federal Reserve…
UK, U.S. start negotiations on ‘ambitious’ post-Brexit free trade deal
The UK announced on Tuesday the formal launch of an "ambitious" post-Brexit free trade deal negotiations with the…
Warren Buffett says he remains optimistic about U.S. economy despite coronavirus
American billionaire investor Warren Buffett said on Saturday he doesn't know how or when the U.S. economy would…
Fed leaves interest rates at zero, pledges “full range of tools” to help…
The U.S. Federal Reserve (Fed) has on Wednesday kept interest rates unchanged near zero, saying it would deploy its…
Fed to keep rates near zero until economy ‘weathered’ coronavirus impact
The U.S. Federal Open Market Committee has on Wednesday released the minutes of its March 15 meeting, during which…
Dow soars more than 250 points to a record as investors shook off coronavirus worries
U.S. stocks surged to all-time highs on Wednesday as investors shook off worries over how the coronavirus would…
U.S. economic growth is close to zero for Q4 according to Fed gauges
The U.S. economy will barely witness a growth at all in the fourth quarter, if two Federal Reserve gauges that…
Fed’s Powell repeats U.S. economy “in a good place”
The U.S. economy is chugging along despite the headwinds it faces, Federal Reserve Chairman Jerome Powell said on…