U.S. Jobless Claims Reach Lowest Level of the Pandemic
Jobless claims reached their lowest level of the pandemic last week as stronger hiring and consumer spending drive a U.S....
indicators
Powell Says Stimulus Package Isn’t Likely to Fuel Unwelcome Inflation
WASHINGTON—Federal Reserve Chairman Jerome Powell told lawmakers Tuesday he doesn’t expect the $1.9 trillion stimulus package will lead to an...
Tight Supply is Limiting Home Sales at Start of Spring
The record-low number of homes on the market is limiting purchases heading into the spring selling season. Home sales typically...
Fed Holds Steady on Interest Rates, Bond Purchases
WASHINGTON—The Federal Reserve kept its easy-money policies in place and vowed to maintain them until the U.S. economy recovers further...
Economy Week Ahead: Central Banks, Retail Sales, Industrial Production
A San Francisco shopping mall earlier this month. Forecasts for Tuesday’s U.S. retail-sales report range widely, reflecting uncertainty. Photo: David...
U.S. Jobless Claims Ease as Hiring Picks Up
Worker filings for unemployment benefits dropped to 712,000 last week, nearing their lowest level since the pandemic fueled a surge...
U.S. Budget Deficit Widened to $1 Trillion From October Through February
WASHINGTON—The federal budget gap widened 68% in the first five months of the fiscal year, as government spending continued to...
February Hiring Sets Up Stronger Spring Recovery
The U.S. economy is set up for a stronger recovery this spring after a February surge in hiring at restaurants...
China Sets 2021 GDP Growth Target at Over 6%
BEIJING—Chinese leaders said they would target gross domestic product growth of 6% or more this year, a relatively modest goal...
U.S. National Debt Is Likely to Reach a Record 202% of GDP by 2051, CBO Projects
A sign displaying the size of the national debt in Washington, D.C., on April 29, 2020. Photo: Andrew Harnik/Associated Press...
Global Services Economy Moving at Two Speeds as Factories Thrive
U.S. services companies reported increased activity during February, aided by demand for new business, while service-sector firms in Europe and...
U.S. Retail Sales Rose Strongly on Stimulus in January
U.S. shoppers sharply increased spending in January, buoyed by stimulus payments that many households received in the most recent virus-relief...
U.S. Debt on Track to Hit a Record 107% of GDP by 2031, CBO Says
WASHINGTON—Federal deficits are projected to soar over the next decade, but not as much as officials forecast last summer, thanks...
WSJ News Exclusive | Forecasters Lift Expectations for 2021 Economic Growth
Forecasters are increasingly optimistic about economic growth this year, though less so about the labor market’s prospects, as it recovers...
Fed’s Powell Signals Easy Money Policies to Remain in Place for a While
WASHINGTON—The Federal Reserve will continue bolstering the U.S. economy through low interest rates and hefty asset purchases, Chairman Jerome Powell...
Job Openings Pick Up in Pandemic-Resilient Industries
The number of help-wanted ads returned to pre-pandemic levels in January, particularly among industries that have weathered the pandemic relatively...
U.S. Employers Added 49,000 Jobs in January
U.S. employers added 49,000 jobs last month, returning growth to the labor market after a one-month dip, while the unemployment...
Who Could Receive a Third Stimulus Check? What Biden and the GOP Are Proposing
Republicans have called for a more-targeted approach to a third round of stimulus checks, while Democrats have argued that broad...
U.S., Asia Services Activity Picks Up, While Eurozone Faces Recession Risk
Services companies in the U.S. and Asia gained ground in January, while a continued contraction in the eurozone threatened a...
U.S. Household Income, Savings Rose at End of Last Year
U.S. household income rose for the first time in three months in December as a new round of government-aid efforts...
