US economy

US economy

A shopkeeper works inside his retail store as the phase one reopening of New York City continues during the outbreak of the coronavirus disease (Covid-19) in the Brooklyn borough of New York City, New York, US June 9, 2020.

US economy likely suffered historic plunge in second quarter; outlook murky as Covid-19 cases surge

Though activity picked up starting in May, momentum has slowed amid a resurgence in new cases of the illness

FILE PHOTO: US President Donald Trump speaks to reporters during an Easter blessing event in the Oval Office at the White House in Washington, US, April 10, 2020. REUTERS/Yuri Gripas

Trump says jobs report proves US economy 'roaring back'

FILE PHOTO: Workers assemble a Ford truck at the new Louisville Ford truck plant in Louisville, Kentucky, US September 30, 2016. REUTERS/Bryan Woolston

Record US job growth expected in June, but masks labor market weakness

President Donald Trump speaks with Congressional Republicans during a meeting at the White House in Washington, D.C. on May 8, 2020. Photo: Getty via Newsweek

Trump team prepares $1 trillion infrastructure plan to spur economy

FILE PHOTO: Dallas Federal Reserve Bank President Robert Kaplan speaks during an interview in his office at the bank's headquarters in Dallas, Texas, US January 9, 2020. REUTERS/ Ann Saphir/File Photo

US economy will start to rebound in second half of 2020, Fed's Kaplan says

A person crosses a street in the neighborhood of Chinatown following the outbreak of the coronavirus disease (COVID-19) in Manhattan, New York City, US, March 20, 2020. REUTERS/Andrew Kelly

Explainer: No one really knows how many Americans need unemployment benefits

More ghost diners than real ones. Photographer: Bryan Tarnowski/Bloomberg

Covid-19 will expose the ghosts in the US economy

FILE PHOTO: US Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world's largest economy from the impact of the coronavirus, in Washington, US, March 3, 2020. REUTERS/Kevin Lamarque

Fed's Powell warns of prolonged economic weakness, calls for more fiscal support

SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards "Das Goldene Lenkrad" (The golden steering wheel) given by a German newspaper in Berlin, Germany, November 12, 2019/ Reuters

Elon Musk joins lockdown rebels, calls for reopening US economy

FILE PHOTO: A worker cuts swimwear fabric to be used by swimwear company Helen Jon, which converted its manufacturing facilities to make non-medical grade face masks, during the global outbreak of the coronavirus disease (Covid-19), in Los Angeles, California, US, April 9, 2020. REUTERS/Mario Anzuoni

Much of US economy still plugging along despite coronavirus pain

A nurse wearing personal protective equipment watches an ambulance driving away outside of Elmhurst Hospital during the ongoing outbreak of the coronavirus disease (Covid-19) in the Queens borough of New York, US, April 20, 2020. REUTERS/Lucas Jackson

Coronavirus likely hammered US economy in first quarter

The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (Covid-19) in New York City, US, April 26, 2020/ Reuters

Investors bet on testing, treatments for restart of US economy

Beyond high savings, China has relied on exports and investment, rather than unsustainable levels of domestic cosumption, to fuel economic growth. Photo: Reuters

What Covid-19 reveals about the US and China