U.S. economy

• Trudeau sees ‘real opportunity’ for collaboration with U.S. on electric vehicles, critical minerals

  "The integration of our economies, of our supply chains ... I think gives a real opportunity for us to really take some leaps forward," Trudeau said.

  Economy

  Feb 5
• U.S. Fed holds key rate near zero, says economic recovery has ‘moderated’

  The U.S. Federal Reserve on Wednesday left its key overnight interest rate near zero and made no change to its monthly bond purchases.

  Money

  Jan 27
• Advertisement
• Stocks climb as Yellen, Biden’s pick for Treasury Secretary, backs stimulus plan

  At her confirmation hearing Tuesday, Janet Yellen said the benefits of a big package outweigh the costs of a higher debt burden.

  Money

  Jan 19
• Advertisement
• ‘There’s no time to waste’: Biden unveils stimulus plan to jump-start U.S. economy

  Joe Biden campaigned last year on a promise to take the coronavirus pandemic more seriously than Donald Trump, and the package aims to put that pledge into action.

  Economy

  Jan 14
• U.S. loses 140,000 jobs in December as pandemic tightens grip on businesses

  December's job losses show the U.S. economy is faltering as the viral pandemic tightens its grip on consumers and businesses.

  Money

  Jan 8
• Congress seals deal on $900B relief package, including $600 direct payments

  The House and Senate are expected to vote on the legislation on Monday.

  World

  Dec 20, 2020
• U.S. economy adds 638K jobs in October, as recovery slows

  But economists worry about long-term unemployment.

  Money

  Nov 6, 2020
• Coronavirus: U.S. budget deficit tops $3 trillion as 2020 fiscal year nears end

  The US$3.007 trillion year-to-date deficit was nearly triple the US$1.067 trillion deficit for the comparable year-ago period, spurred by a massive increase in government spending to battle the economic fallout from the pandemic.

  Economy

  Sep 11, 2020
• Advertisement
• Coronavirus: U.S. economy tanked at historic 33% rate in 2nd quarter

  The U.S. economy shrank at a 32.9% annual rate in April-June. The previous worst quarterly contraction, a 10% drop, occurred in 1958.

  World

  Jul 30, 2020
• Advertisement
• Americans brace for end of $600 jobless benefit by end of week

  Nearly 30 million unemployed people could struggle to pay rent, utilities, or other bills.

  World

  Jul 23, 2020