Homebuilder sentiment may be coming out of its worst slump ever, as new data showed confidence improving this month, with one caveat: the Northeast is...
Goldman Sachs’ forecast for the nation’s unemployment rate rose by 10 percent, as the bank now predicts at least a 25 percent unemployment rate due...
The U.S. still hasn’t seen its highest level of unemployment due to the global coronavirus pandemic, but the economy will turn around, Treasury Secretary Steven...
The coronavirus pandemic has triggered the biggest drop in the U.S. economy since the Great Recession, and economists are warning that the worst is yet...
U.S. gross domestic product (GDP) dropped 4.8 percent in the first quarter — its biggest decline since the 2008 Great Recession as the coronavirus pandemic slammed the...
The Commerce Department is expected to issue a report on Wednesday (April 29) with estimates of a minimum decrease of 5 percent in the gross...
Goldman Sachs‘ new prediction is that the economic fallout from the coronavirus pandemic will end up four times worse than the recession from 2008-09, but...
It could be years before the U.S. economy rebounds from the economic impact of the coronavirus pandemic, former chair of the Federal Reserve Ben Bernanke...