Updated Jul 2, 2021, 11:55am EDT Topline The United States added 850,000 jobs in June, according to data released Friday by the Labor Department, as reopenings and vaccinations continue to boost hiring. Key Facts Most experts were expecting a gain of 720,000 jobs in June, according to Goldman Sachs, up from a gain of 559,000…
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Topline Just one year after the onset of the coronavirus pandemic in the United States, the rapid pace of vaccinations and massive scale of fiscal stimulus spending will push the American economy to recover twice as fast as expected, the Organization for Economic Cooperation and Development said Tuesday . Key Facts The Paris-based policy organization…
Updated Feb 27, 2021, 02:17am EST Topline The House of Representatives passed President Biden’s $1.9 trillion American Rescue Plan, designed to stabilize the economy and curb the spread of the coronavirus, in a 219-212 vote early Saturday morning, a major step in a complicated legislative process that will eventually allow Democrats to pass the sweeping…