Double-dip recession?
Author: Paul Davidson, USA TODAY
Fed vows to keep rates near zero until inflation tops 2%, likely keeping meager rates 4 to 5 years
The Fed signaled key rate will stay near zero until inflation exceeds 2% and averages 2% over time, maintaining rock-bottom rates for 4 or 5 more years
Median U.S. household income rises 6.8% to $68,700 in 2019, poverty rate falls for fifth year
U.S. median household income rose 6.8% to $68,700 in 2019
Fed set to keep rate near zero, hint it will stay there longer despite upgraded forecasts
The Fed is expected to keep its key rate near zero and signal it will stay there longer. It’s also set to unveil an upgraded economic forecast.
Social Security cost-of-living increase likely to raise benefits by modest 1.3% in 2021
Social Security benefits could rise 1.3% in 2021, an estimate of October’s official figure shows. That would be among the smallest cost-of-living bumps ever.
Unemployment claims figures could be much lower because of new seasonal adjustment approach
Unemployment claims for last week and going forward could be lower because of a new seasonal adjustment method
Coronavirus pandemic likely to leave legacy of fear and uncertainty that holds back economy for decades
The COVID-19 crisis is creating fear and uncertainty that could dampen investment and economic growth for up to 70 years, a study finds.
Trump, Biden tout contrasting economic plans. Which will restore jobs lost in the pandemic faster?
Biden wants to raise taxes, boost spending to recover jobs lost in pandemic. Trump wants more cuts to taxes, regulations and more tariffs on China.
What the Fed’s shift toward lower rates means for borrowers, savers, markets and the economy
The Fed has adopted a new policy that emphasizes low unemployment and lets inflation run hotter. Her’s what it means for you, markets, the economy
Fed announces landmark policy shift to spur inflation, job growth, keeping rates low longer
Fed Chair Powell unveiled a plan to let inflation run above target to make up for years of low price increases. It would keep rates near zero longer