A new study by Obama alumni, economists David M. Cutler and Lawrence Summers, says that the total tab for the COVID crisis will be $16 trillion over the next several decades while acknowledging that Trump ...

The U.S. House of Representatives passed a $2.2 trillion coronavirus relief bill on Thursday but the bill’s future is unlikely. Senate Majority Leader Mitch McConnell has previously stated that he would not support any legislation ...

ADP’s private jobs report showed the U.S. added 749,00 jobs from August to September, 100,000 jobs over economists’ expectations, further emphasizing Trump’s better-than-expected economic results after the COVID-19 lockdowns. “Companies added jobs at a faster-than-expected ...

House Speaker Nancy Pelosi announced on Tuesday that she plans to keep House members in Washington until they reach a deal on a new coronavirus relief bill. Congress has been in a stalemate since May ...

U.S. non-farm payrolls surged by nearly 1.4 million and unemployment dropped to 8.4 percent from 10.2 percent in August, shattering economists’ forecasts of 9.8 percent unemployment. The Federal Reserve previously forecast that unemployment would not ...

Jake Dima on August 21, 2020 The U.S. national debt now exceeds the size of America’s total gross domestic product and the milestone may have been met as early as June, according to a Friday New ...