A Gallup survey conducted this month found that Americans view the economy more negatively than positively — with only 29 percent saying that the economy is improving, while 67 percent […]
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Back to news homeMortgage Bills Are Coming Again. $10 Billion in Aid May Arrive First.
“It all comes out of savings, and that is kind of dwindling,” she said.Each program sets its own rules, including how long it provides aid, the amount per household and […]
Retail Sales Jumped 1.7 Percent in October
“Everybody believed during 2021 that we’d see a significant shift away from goods back to services as the economic environment opened up as we got our arms around the pandemic,” […]
US government bans sale of hacking tools to China and Russia
The U.S. Department of Commerce has announced that it will ban the export of hacking tools to authoritarian governments in an effort to curb violations of human rights and other […]
U.S. Economy Grew 1.6% in Second Quarter
Now a new threat is emerging in the highly contagious Delta variant of the coronavirus, which has caused cases to soar in much of the country. The Centers for Disease […]
Retail Sales Were Flat in April
The pandemic substantially reshaped consumer behavior. Grocery store spending surged during the pandemic while restaurant revenue dropped. Apparel sales plunged as Americans canceled events, and spending on outdoor activities and […]
U.S. Economy’s Strong Start Signals a Stellar Year
Consumers shook off the pandemic blues as 2021 began, putting stimulus checks to work buying cars and other goods and helping set the stage for what could be the fastest […]
Stimulus Checks Helped Personal Income Surge in January
The American economic recovery came perilously close to falling off a cliff at the end of last year. But government aid arrived just in time to prevent a disaster — […]
U.S. Economy Grew 1 Percent in the Last Quarter
The U.S. economic recovery stumbled but didn’t collapse at the end of last year, setting the stage for a much stronger rebound this year.Gross domestic product rose 1 percent in […]
Retail Sales Drop in December for Third-Straight Month
Consumer spending fell for the third-consecutive month in December, confirming what many economists had predicted would be a disappointing holiday season for many retailers and restaurants.Retail sales fell 0.7 percent […]