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GDP Could Decline By 42% In The Second Quarter, According To The Atlanta Fed

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The already dismal outlook for economic growth during the current period just got considerably worse. Read more

Consumer Sentiment Unexpectedly Rises After Massive U.S. Fiscal Stimulus

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U.S. consumer sentiment inched higher in the early part of May following massive stimulus measures undertaken by the gov... Read more

This Is The Critical Link To Successfully Reopening The US Economy

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The successful relaunch of the U.S. economy after the coronavirus shutdown will depend on how effectively companies trea... Read more

Industrial Production Plunges Unprecedented 11.2% In April

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American industry suffered the most severe plunge on record last month with factories, mines and utilities battered by t... Read more

Retail Sales Plunge A Record 16.4% In April, Far Worse Than Predicted

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The biggest factor in the downturn was a collapse in clothing and accessories that amounted to an 89.3% fall from a year... Read more

Want A Fast Economic Recovery? Invest In Tests, Fed's Kaplan Says

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Even with tens of millions of jobs lost and a historic decline in output projected this quarter, the U.S. economy could ... Read more

Weekly Jobless Claims Total 2.981 Million, Bringing Coronavirus Tally To 36.5 Million

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The total 2.981 million new claims for unemployment insurance brought the coronavirus crisis count to nearly 36.5 millio... Read more

US Import Prices Post Largest Drop In Over Five Years

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U.S. import prices fell by the most in more than five years in April as the coronavirus crisis depressed demand for petr... Read more

The Jobs Recovery Could Be Choppy, With Some Coming Back Quickly And Others Lost Forever

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Construction and manufacturing may be some of the quickest sectors to regain jobs, experts say, but the hospitality indu... Read more

Buzzfeed Closes News Operations In Britain, Australia

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Ten staff in Britain and four in Australia will be furloughed, in a move that is expected to become permanent. Read more

Goldman Sachs Says A Second Wave Of Coronavirus Could Make The Fed Rethink Negative Interest Rates

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But negative interest rates wouldn't be "very helpful" to the economy, said Zach Pandl, co-head of global foreign exchan... Read more

Mortgage Applications From Buyers Jump 11%, Signaling The Spring Housing Market May Not Be A Total Loss

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As open houses reemerge from the coronavirus shutdown, buyers are coming back to the housing market much faster than exp... Read more

Georgia Tries To Balance Pressure To Reopen Economy With Threat Of Coronavirus Resurgence

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Georgia's new coronavirus cases have plateaued, but it could take until the end of the month to know the effects of reop... Read more

Powell's Gloomy Outlook Has Investors Predicting The Fed May Make Another Big Move Soon

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Some strategists say the Fed could announce a new quantitative easing program before or at its June 9-10 meeting. Read more

10% Of Retail Demand Might Be Lost Forever

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Five percent to 10% of pre-Covid-19 demand could be decimated permanently, as "lost store volume can't entirely be made ... Read more