recession

Fed survey says economy has picked up but outlook cloudy

Fed to keep buying bonds and sees no rate hike through 2022

A US recession began in February in the face of coronavirus

US layoffs climb to 41 million, despite business reopenings

White House won't issue economic projections this summer

As coronavirus rolls on, Republicans hit 'pause' on new aid

Powell warns of a possible sustained recession from pandemic

Pandemic wrecks many state budgets, could trigger deep cuts

Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-lasting economic damage.

BRUSSELS (AP) — The European Union predicted Wednesday “a recession of historic proportions this year” due to the impact of the coronavirus as it released its first official estimates of the damage the pandemic is inflicting on the bloc’s economy.