COVID-19 school closures will cost U.S. economy $2 trillion, study finds

A recent study from the University of Washington and Oxford found school closures caused by COVID-19 in 2020 will cost the ...

CBO says U.S. economy set for faster 2021 rebound, complicating stimulus talks

The U.S. economy will grow 4.6% in 2021 after contracting 3.5% in 2020, the Congressional Budget Office said on Monday in a rosier forecast that could strengthen Republican resistance to President Joe ...

U.S. economy to slow in Q1 but reach pre-COVID-19 levels in a year

U.S. economic growth will lose momentum this quarter and next but expand faster than previously thought after that, according to a Reuters poll of economists, a firm majority of whom now expect the ...
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US economy notches fastest growth pace in nearly two years in second quarter

WASHINGTON (Reuters) -The U.S. economy grew faster than previously estimated in the second quarter amid strong consumer spending and business investment, though momentum appears to be slowing as the ...