US Economy

President Joe Biden’s signature US$1.9 trillion ($2.55 trillion) Covid-19 relief bill passed the Senate 50-49 on Saturday following a more than 25-hour marathon of amendment votes completed after D

Despite Covid-19 headwinds adding a touch of gloom to the global economic outlook, Fitch Solutions remains bullish about the fate of the US economy going into the coming year.

Declaring that the battle against Covid-19 is not over, Federal Reserve Chairman Jerome Powell pledged to keep the monetary spigots wide open to aid the pandemic-hit economy, brushing aside concern

Congressional leaders reached a deal on a roughly US$900 billion ($1.19 trillion) spending package to bolster the US economy amid the continued coronavirus pandemic giving lawmakers a short timetab

Congressional leaders are working through the final sticking points of a coronavirus relief deal, although the agreement probably won’t come together in time for both chambers to vote before Friday

Treasury Secretary Steven Mnuchin said he presented a new US$916 billion ($1.22 trillion) Covid-19 relief proposal to House Speaker Nancy Pelosi, in the first move by the Trump administration since

Congress faces a rapidly approaching deadline to pass a new round of funding for the U.S.

The marquee event of the 2020 schedule is around the corner. From a market perspective, the upcoming Nov 3 US election and aftermath are assuming increased importance.

Nancy Pelosi set a Tuesday deadline for more progress with the White House on a fiscal stimulus deal before the Nov.

The dollar may tumble to its lows of 2018 on the rising likelihood of Joe Biden winning the U.S. election and progress on a coronavirus vaccine, according to Goldman Sachs Group Inc.