WASHINGTON (AP) — U.S. consumer borrowing rose in June after three months of declines but the key category of credit card debt extended its decline.
The Federal Reserve reported Frid...
WASHINGTON (AP) — A top Federal Reserve official on Friday defended the central bank’s efforts to launch a Main Street lending program and said the small number of loans approved so far would likely e...
WASHINGTON (AP) — Activity in the services sector, where most Americans work, increased in July but concerns remain about whether the recovery will persist with the recent rise in coronavirus cases.
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WASHINGTON (AP) — The Treasury Department will ramp up the size of the bonds and other securities it auctions across-the-board in the face of the unprecedented borrowing needs of the the U.S. governme...
WASHINGTON (AP) — Black-owned businesses have been almost twice as likely to fail as businesses overall during the current pandemic, according to a study released Tuesday by the Federal Reserve Bank o...
WASHINGTON (AP) — The Treasury Department is projecting government borrowing of $947 billion in the current July-September period, which would be a record for the quarter but down from the all-time hi...
WASHINGTON (AP) — U.S. manufacturing improved again in July with a key gauge of activity rising for a second straight month.
The Institute for Supply Management, an association of pu...
WASHINGTON (AP) — Fitch has lowered the outlook for its U.S. government credit rating to “negative” from “stable” due to soaring budget deficits, but the agency is keeping its overall rating at the hi...
WASHINGTON (AP) — American consumers increased their spending in June by a solid 5.6%, helping regain some of record plunge that occurred after the coronavirus struck hard in March and paralyzed the e...
WASHINGTON (AP) — The government says the U.S economy grew a bit more slowly last year than it had previously estimated and slightly faster in 2018.
Those changes emerged Thursday in...
WASHINGTON (AP) — Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about any sustained recovery...
WASHINGTON (AP) — U.S. consumer confidence tumbled in July to a reading of 92.6 as coronavirus infections spread in many parts of the country.
The Conference Board, a New York-based ...
WASHINGTON (AP) — Orders for big-ticket manufactured goods rose a solid 7.3% in June, the second big monthly gain as manufacturing tries to climb out of a spring slump triggered by the coronavirus pan...
WASHINGTON (AP) — The economic outlook of U.S. business economists has improved over the past three months, though their sunnier view may be jeopardized by the resurgence of the coronavirus.
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WASHINGTON (AP) — Sales of new homes rose a sharp 13,8% in June, the second straight increase after two months when sales plunged as the country went into lockdown because of the coronavirus.
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