Source: bea.gov
The Federal Reserve Board and the Federal Open Market Committee (FOMC) have released economic projections for the next few years, showing that the gross domestic...
Real gross domestic product (GDP) is projected to plummet 52.8 percent in the second quarter, according to the Federal Reserve Bank of Atlanta’s GDPNow as...
In today’s top news, Starbucks offers a leave of absence option to employees impacted by reduced café hours, and Western Union makes a takeover offer...
The final financial toll of the coronavirus will likely be a reduction of $7.9 trillion to the U.S. gross domestic product (GDP) until 2030, the...
Among other efforts to stem the economic carnage, the U.S. government has passed a series of stimulus bills responding to the COVID-19 crisis, including the...
Sweden is winning the race among European nations to restore the economy from the coronavirus pandemic, according to data published on Friday (May 29), CNBC...
In the first quarter, the economies of the major industrial countries declined at the sharpest rate since the Great Recession’s financial crisis. Get the Full...
The world’s second-largest economy is opting not to set any economic growth forecasts due to the continued economic uncertainty triggered by the global coronavirus pandemic....