Martin Crutsinger
Mnuchin: Additional $250B sought for small businesses
WASHINGTON (AP) – The Trump administration will seek an additional $250 billion to support a program designed to help small businesses keep workers employed...
U.S. consumer confidence sinks as virus begins having impact
WASHINGTON (AP) – United States consumer confidence tumbled this month to its lowest level in nearly three years as the impact of the coronavirus...
Consumer spending edges up slight 0.2% in Feb. but declines expected...
WASHINGTON (AP) – Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in...
U.S. big-ticket factory orders up 1.2% in Feb.
WASHINGTON (AP) – Orders to United States factories for big-ticket manufactured goods rose by a solid amount in February, but the gain came before...
Income tax filing deadline moved to July 15 from April 15
WASHINGTON (AP) – The income tax filing date has been pushed back from April 15, to July 15, Treasury Secretary Steven Mnuchin said.
Mnuchin announced...
U.S. jobless claims jump by 70,000 as virus starts to take...
WASHINGTON (AP) – The number of Americans filing new claims for unemployment benefits surged last week by 70,000, indicating that the impact of the...
Administration announces 90-day delay for many tax payments
WASHINGTON (AP) – The Trump administration says individuals and businesses will be allowed to delay paying their 2019 tax bills for 90 days past...
Virus spread prompts Fed to cut rates in emergency move
WASHINGTON (AP) — The Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy...
U.S. economy grew at 2.1% rate in Q4 but virus threat...
WASHINGTON (AP) – The United States economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from...
U.S. trade deficit falls 8.2% to $43.1 billion in Nov.
WASHINGTON (AP) – The United States trade deficit fell in November to the lowest level in more than three years as U.S. exports rose...
