U.S. economy grew at 33 percent rate in third quarter, but recovery is incomplete
The U.S. economy grew at a sizzling 33.1% annual rate in the July-September quarter — by far the largest quarterly gain on record — rebounding from an epic plunge in the spring, when the eruption of the coronavirus closed businesses…
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Program putting artists to work during pandemic takes leaf from the past
The arts have been devastated by the pandemic, with consumer spending in the sector dropping significantly this year. Now, a pilot program in the mountains of western Massachusetts is looking to ideas from the past to ensure artists’ futures. Special…
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Without more federal aid, U.S. economy could take years to recover from pandemic
The coronavirus relief package Congress and the White House are negotiating over has a dual purpose of easing financial hardship for the unemployed and putting more money into the hands of consumers to keep the economy running. What happens when…
Social security checks to increase modestly in 2021 despite COVID-19 economic fallout
Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.
The number of Americans seeking unemployment benefits fell slightly last week to a still-high 840,000, evidence that job cuts remain elevated seven months into the pandemic recession.
Strong financial support from the government and the Federal Reserve have spurred a solid recovery from the pandemic recession, but the rebound may falter without further aid, Fed Chair Jerome Powell warned Tuesday.
The program was created last month by President Donald Trump to replace a more generous $600-a-week supplement that had been authorized by Congress but expired.
With Election Day now less than two months away, how will revelations that President Trump intentionally misled Americans about coronavirus risk affect voter intent? The Washington Post’s Gary Abernathy and Kansas-based journalist Sarah Smarsh, author of “Heartland,” join Judy Woodruff…
The U.S. economy is continuing to climb back from its worst depths during the pandemic. The latest unemployment report contained good news about workers returning to the labor force, and about half of the 22 million jobs originally shed have…
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