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Consumer prices didn't rise in October. That may not be good news.

Nov 12, 2020
Low inflation is a sign that the recovery may be losing steam.
Customers shop at an Arizona mall in June.
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What to expect from Biden on propping up the COVID economy

Biden's COVID task force is expected to tackle funding for state and local governments, as well as schools and small businesses.
President-Elect Joe Biden and Vice President-Elect Kamala Harris take the stage at the Chase Center to address the nation Nov. 7, 2020 in Wilmington, Delaware.
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Fed Chair Powell says full economic recovery depends on managing COVID-19

Social distancing and wearing masks will help get the economy back to full strength, Powell said Thursday.
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U.S. economy rebounded to grow at record 33% annual rate last quarter

Oct 29, 2020
Yet the recovery from the deepest recession since the Great Depression of the 1930s remains far from complete.
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Without more relief spending, the recovery's likely to stall

Oct 7, 2020
And that's likely to hurt families who are already stretched to the limit.
President Trump gives a thumbs up upon his return to the White House from Walter Reed National Military Medical Center on Oct. 05. The president said he was ending stimulus talks Tuesday, but later backtracked.
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On 9/11, pondering the COVID-19 recovery ahead

Sep 11, 2020
Experts believe New York will be a very different place in the aftermath of the pandemic. One big change: more affordable.
People visit the 9/11 memorial plaza in New York City.
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Is the economy in a V-shaped recovery?

Aug 26, 2020
Strong sales of big-ticket items like cars and business machinery are a positive sign, but they're just one part of a much bigger equation.
A car salesman talks to customers at a New York dealership in June. Durable goods orders rose in July, led by a surge in demand for cars.
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For public good, not for profit.

Fed sees dim economic outlook as virus squeezes economy

Jul 29, 2020
The Fed said while the economy has rebounded from the low in March and April, the pandemic will have lasting effects.
Federal Reserve Chair Jerome Powell testifies before the House Financial Services Committee on Capitol Hill on June 30, 2020 in Washington, D.C.
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Powell says U.S. economy facing heightened uncertainty

Jun 29, 2020
Powell said the re-opening occurred sooner than expected, with hiring and consumer spending both picking up in May.
Federal Reserve Board Chairman Jerome Powell
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Consumer spending rises — for now

Jun 26, 2020
An 8% uptick in May follows a 20% drop over March and April. That's the good news. There are plenty of potential economic blows on the horizon.
Consumer spending in the United States shot up a record 8.2% in May, but it doesn't mean recovery is on the way.
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