Economy

After a summer of putting out fires, President Joe Biden is turning back to his top priority: Passing huge infrastructure and social safety net packages.

Economists surveyed by Dow Jones expected retail sales to decline by 0.8% in August and for initial jobless claims to total 320,000.

U.S. stock futures were flat Thursday after stronger-than-expected retail sales data.

These are the stocks posting the largest moves before the bell.

It’s been a bruising time for airlines as the coronavirus pandemic brought travel to a halt. But now, low-cost carriers seem to be showing signs of recovery.

New York Rep. Alexandria Ocasio-Cortez is calling for pandemic-era jobless aid to be extended from Sept. 6, 2021 to Feb. 1, 2022.

House Democrats are calling for a 25% top federal tax rate on capital gains. Biden’s plan called for a 39.6% rate on the top 0.3% of households.

Joint Chiefs of Staff Chairman Gen. Mark Milley called his Chinese counterpart twice as Trump’s presidency waned to reassure Beijing the U.S. wouldn’t attack.

If Hispanics and Latinos were fully and equitably included in the U.S. economy, gains for the broader society could be tremendous, writes a Fed researcher.

President Joe Biden met with top executives from Disney, Microsoft and Walgreens Boots Alliance.

U.S. stock futures were flat Wednesday, one day after the Dow gave up gains at the open and closed down 292 points.

These are the stocks posting the largest moves before the bell.

The U.K.’s consumer prices index surged by 3.2% in the 12 months to August, official data showed on Wednesday, the largest ever month-on-month increase since records began.

About 78% of Hispanic families received stimulus payments over the last year and a half, compared with 96% of white respondents, according to a recent survey.

The supplemental poverty measure, which includes government assistance to low-income individuals, declined to 9.1% in 2020 from 11.8% in 2019.

These are the stocks posting the largest moves in midday trading.

Marc Lasry, who makes his living by investing in distressed companies, thinks the nation’s high level of debt could cause problems.

Consumer prices in August rose 5.3% from a year ago and 0.3% from July, the Labor Department reported.

The proposed reform is one of several that would affect taxpayers with income over $400,000 a year.

U.S. stock futures shot higher and turned positive Tuesday after slightly lower than expected August consumer prices.