Janet L. Yellen, the Treasury secretary, has given only a handful of interviews since taking up her post about a month ago. Business leaders and investors hang on her every
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2.5 Million Women Left the Work Force During the Pandemic. Harris Sees a ‘National Emergency.’
WASHINGTON — Vice President Kamala Harris said on Thursday that the 2.5 million women who have left the work force since the beginning of the pandemic constituted a “national emergency”
The economy cooled in the fall, but 2020 proved better than feared.
G.D.P. grew in the fourth quarter but isn’t back to pre-pandemic levels. 2019 Q4 LEVEL $20 trillion +1.0% Q3 to Q4 15 10 Gross domestic product, adjusted for inflation and
Senate Confirms Yellen as Treasury Secretary as Stimulus Talks Loom
WASHINGTON — The Senate confirmed Janet L. Yellen, a labor economist and former Federal Reserve chair, to be Treasury secretary on Monday, putting in place a key lieutenant to President
The Week in Business: Biden Gets Down to Business
All eyes are on President Biden right now. Here’s how his new policies will affect companies and households struggling to weather the pandemic economy — plus more of the week’s
A Look at What’s in Biden’s $1.9 Trillion Stimulus Plan
The incoming Biden administration unveiled a $1.9 trillion stimulus plan on Thursday that offered a wish list of spending measures meant to help both people and the economy recover from
After Biden Win, Nation’s Republicans Fear the Economy Ahead
Optimism about the economy has taken a nosedive among Republicans. But the economy did not drive the change. The presidential election did. After President Trump’s loss to former Vice President
Yellen has the policy chops and political savvy for US Treasury secretary
WASHINGTON (BLOOMBERG) – Janet Yellen knows a deep recession and a patchy recovery from the inside. She’ll need all that policy prowess and a healthy dollop of political savvy to
New Unemployment Claims Dip, but Economic Pain Persists
New claims for benefits continued to flood state unemployment offices last week as the coronavirus pandemic inflicted further economic damage. Initial claims declined to a new low from the stratospheric
US job growth slows in August as govt's financial aid runs out
WASHINGTON • United States job growth slowed further last month as financial assistance from the government ran out, threatening the economy’s recovery from the Covid-19 recession. Non-farm payrolls increased by