Talk of the K-shaped economy is brewing once again. The moniker first gained traction in 2020 to describe the divergence ...
The “K-shaped economy” describes how wealthy Americans enjoy rising incomes and wealth while lower-income households struggle ...
WASHINGTON (AP) - The U.S. economy grew last year at the fastest pace since Ronald Reagan's presidency, bouncing back with resilience from 2020's brief but devastating coronavirus recession. The ...
U.S.-based employers announced plans this year to eliminate nearly 1.2 million jobs through the end of November.
The recession caused by the coronavirus pandemic was the shortest economic downturn in modern U.S. history, a panel of economic experts declared Monday. A panel of the National Bureau of Economic ...
An earlier version of this story inadvertently mischaracterized the direction of GDP. After a blockbuster 2021, the U.S. economy decidedly came back to earth early this year, contracting for the first ...
The U.S. economy was wrought by the global pandemic and rallied by a subsequent rebound. Describing 2020 as a turbulent year would be an understatement. Recent key indicators and budding trends offer ...
WASHINGTON, Aug 4 (Reuters) - Many Americans who voted for U.S. President Joe Biden in 2020 say they believe the economy has faired poorly under his stewardship and that they might not vote for him in ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WASHINGTON (AP) — The U.S. economy grew last ...
MEXICO CITY, Jan 29 (Reuters) - Mexico's economy last year suffered its biggest annual contraction since the 1930s, although it recovered better than expected from the ravages of the COVID-19 pandemic ...