The reported total was well below the 8.75 million estimate from economists surveyed by Dow Jones. The reason for the wi... Read more

The GDPNow outlook is now showing a 52.8% tumble, following data that manufacturing remains firmly in decline and will w... Read more

Visa's total U.S. payments volume fell at a much slower pace in May from the previous month, indicating that consumer sp... Read more

U.S. manufacturing activity eased off an 11-year low in May, though the recovery from the Covid-19 crisis could take yea... Read more

It's not as if the coronavirus pandemic has gone away, but after a sharp pullback, homebuyers are now piling back into t... Read more

Consumer confidence unexpectedly improved in May as the U.S. economy slowly restarted, according to data from the Confer... Read more

In perhaps one of the brightest economic readings since the start of the coronavirus pandemic, sales of newly built home... Read more

Home prices were still gaining steam in March, as the country began shutting down in the face of the coronavirus pandemi... Read more

So far, state reopenings have not helped stem the rise in unemployment, which is expected to show another big jump in th... Read more

House Democrats passed a bill last week to extend the enhanced $600 per week unemployment benefit through January. Read more

States across the country began reopening parts of their economies as early as April 24. Guidelines for reopening differ... Read more

The economic fallout from the coronavirus hit the housing market hard in April. Read more

Frustrations are mounting on Main Street due to a lack of guidance from the Small Business Administration on PPP loan fo... Read more

The total, while still well above anything the nation had seen in pre-coronavirus America, represents the seventh straig... Read more

The meeting, which ended April 29, concluded with the central bank's policymaking arm holding steady on interest rates a... Read more