Big cities like New York are struggling with falling prices during COVID-19. But values in less populated Phoenix and Charlotte are holding up.
Author: Paul Davidson, USA TODAY
Stocks fall after Trump tweets he’ll delay stimulus talks; move follows Fed’s Powell urging Congress to approve a robust plan
Market drops after Trump tweets he’ll delay stimulus negotiations until after elections. He accuses House Speaker Pelosi of not negotiating in good faith.
‘Stock market up big’: Wall Street recovers more losses on hopes of a stimulus
Stocks are rising Monday, as hopes for economic aid from Washington help Wall Street shake off to Trump’s positive test result for coronavirus,
Stock futures rise amid news of Trump’s improvement in COVID-19 fight
Stock futures rise on optimistic reports about Trump’s COVID-19 battle.
US economy adds a disappointing 661,000 jobs last month in final employment report ahead of Election Day
The economy added 661,000 jobs in September as some states continued to let businesses reopen, others stayed cautious amid COVID-19 spikes.
Additional 787,000 workers seek unemployment as layoffs continue amid COVID-19 crisis
An additional 787,000 workers file initial jobless claims as businesses continue to lay off large numbers amid the COVID-19 pandemic
Trump says economic recovery is V-shaped, Biden says it’s a K. Who’s right and what does it mean?
In Tuesday’s debate, Trump said the economic recovery is V-shaped while Biden said it’s a K. Who’s right and what do the letters mean anyway?
U.S. could slip into double-dip recession if Congress doesn’t pass new stimulus, some economists say
The nation could slip back into recession if Congress doesn’t pass another stimulus package, economists say.
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