Economic News

(Bloomberg) -- Changes to the Federal Reserve’s interest-rate setting panel will make the U.S. central bank even less likely to tighten monetary policy in the new year, no matter...

(Bloomberg) -- The Internal Revenue Service began sending $600 stimulus payments to eligible Americans’ bank accounts on Tuesday evening and will continue processing the transfers...

By Geoffrey Smith  Investing.com -- The Senate reconvenes and may or may not vote on increasing the direct payments in the recent stimulus bill to $2,000 from $600. The House of...

By Liz Moyer, Christiana Sciaudone, Peter Nurse and Yasin Ebrahim Investing.com -- The year 2020 is rapidly drawing to a close, and many can't wait to put it in their rearview...

By Geoffrey Smith  Investing.com -- President Donald Trump signs the coronavirus relief package into law, nudging stock futures higher and the dollar lower. China ramps up its...

(Bloomberg) -- President Donald Trump signed a bill containing $900 billion in pandemic relief, the White House said, triggering the flow of aid to individuals and businesses and...

(Bloomberg) -- The Chinese Communist Party’s new pledge to fix the “demand side” of the economy has prompted expectations the leadership will implement more egalitarian policies to...

(Bloomberg) -- The federal stimulus passed by Congress this week doesn’t include any direct cash to states and cities, leaving them to rely on the economic boost the aid package...

By Geoffrey Smith  Investing.com -- The U.S. releases its last jobless claims before the holidays, along with weekly oil stockpile data that may confirm fresh signs of faltering...

(Bloomberg) -- China’s roaring industrial rebound from the pandemic has an unforeseen consequence -- the surge in power demand has left factories, office buildings and street...

(Bloomberg) -- The Department of Homeland Security warned U.S. firms against using data services and equipment from firms linked to China because of cyber security and other...

(Bloomberg) -- Britain and the European Union are giving negotiations over a post-Brexit trade deal “a final push,” the EU’s chief negotiator, Michel Barnier, said as officials on...

(Bloomberg) -- U.S. consumer confidence unexpectedly fell in December to a four-month low amid surging Covid-19 cases that are spurring more states to tighten restrictions on...

By Geoffrey Smith Investing.com -- Once upon a time, sagas were exciting, exaggerating and immortalizing the heroic feats of Viking warriors, slaying monsters, winning...

(Bloomberg) -- The U.S. economy has splintered along state and city lines, with the speed of the rebound largely dependent on the magnitude of local business restrictions to combat...

(Bloomberg) -- The euro area is in danger of seeing a slower economic recovery in 2021 than previously expected, and may need more stimulus as a resurgent coronavirus sweeps...

By Geoffrey Smith  Investing.com -- Congress has sent the stimulus bill to President Trump for signing. The U.S. will release revised GDP data for the third quarter (the U.K....