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Rising coronavirus infections threaten US economic recovery

BALTIMORE (AP) - Rising coronavirus infections across dozens of states are threatening the U.S. economic recovery, forcing businesses and consumers to freeze spending and...

Fed survey says economy has picked up but outlook cloudy

WASHINGTON (AP) - The Federal Reserve says economic activity has picked up in most regions of the country but still remains well below pre-pandemic...

US consumer spending up 8.2%, partly erasing record plunge

WASHINGTON (AP) - American consumers increased their spending by a record 8.2% in May, partly erasing huge plunges the previous two months, against the...

US consumer spending up 8.2%, partly erasing record plunge

WASHINGTON (AP) - American consumers increased their spending by a sharp 8.2% in May, partly erasing record plunges the previous two months, against the...

Trump cuts WHO funding as US economy clouds speedy recovery

WASHINGTON (AP) - Grim employment and spending numbers darkened the prospects for a speedy recovery in the U.S. as the economic devastation from the...

Trump takes aim at WHO as US economic outlook worsens

WASHINGTON (AP) - With new U.S. economic numbers highlighting the rough road ahead for a hoped-for rebound, President Donald Trump on Friday took aim...

Trump takes aim at WHO as US economic outlook worsens

WASHINGTON (AP) - With new U.S. economic numbers highlighting the rough road ahead for a hoped-for rebound, President Donald Trump on Friday took aim...

U.S. spending, virus cases after reopenings cloud outlook

WASHINGTON (AP) - Plummeting U.S. consumer spending and rising coronavirus cases in some parts of the country that are reopening businesses highlighted Friday the...

US consumer spending sinks by record 13.6% in face of virus

WASHINGTON (AP) - U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and...

US retail sales plunged a record 16% in April as virus...

BALTIMORE (AP) - U.S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers...