Powell says U.S. economy facing heightened uncertainty

Jun 29, 2020
Powell said the re-opening occurred sooner than expected, with hiring and consumer spending both picking up in May.
Federal Reserve Board Chairman Jerome Powell
Alex Wong/Getty Images

Consumer spending rises — for now

Jun 26, 2020
An 8% uptick in May follows a 20% drop over March and April. That's the good news. There are plenty of potential economic blows on the horizon.
Consumer spending in the United States shot up a record 8.2% in May, but it doesn't mean recovery is on the way.
Spencer Platt/Getty Images

Powell to give Congress another economic assessment

Jun 17, 2020
By some measures, the economy is headed up. But that's coming from a deep trough, and the Fed chair is warning that there are risks ahead.
Consumer spending, manufacturing and business investment are still far below pre-pandemic levels.
Brendan Smialowski/AFP via Getty Images

Wuhan returns to life after COVID-19 lockdown

Apr 9, 2020
In the city of 11 million, it is far from business as usual.
People sit outside Hankou Railway Station in Wuhan in the hope of taking one of the first trains leaving the city in China's central Hubei province on April 8.
Noel Celis/AFP via Getty Images

When historic buildings make economic sense

May 1, 2017
'We're not about ... turning everything into a museum,' says Stephanie Meeks of the National Trust for Historic Preservation.
“People want more authenticity in their lives, in what they wear, in what they eat and in the kind of places they live. That's the kind of authenticity that historic buildings can bring to a city,” said Stephanie Meeks, CEO of the National Trust for Historic Preservation.
Jeffrey Sauger

Despite economic recovery, many Americans still feeling anxious

Oct 17, 2016
As the economy approaches "full employment," only 34 percent feel financially secure.
Thirty-seven percent of Americans say their personal situations have improved since last year.
Spencer Platt/Getty Images

What happens when banking becomes alchemy?

Mar 17, 2016
If that is the case, then should we be worried?

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After a tornado, tough decisions for businesses

Nov 13, 2015
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Making sense of good job growth and stagnant wages

Sep 4, 2015
The Fed faces continuing employment recovery as it contemplates interest rates.

The steel business is trying to stay strong

Aug 25, 2015
A strong U.S. dollar makes exports tough.