US Economy

After the drama of the Trump administration, expectations of the Biden administration were low when the former vice-president swept into the White House in January.

There was both good news and bad news from Bank of Singapore (BOS) head of investment strategy Eli Lee as he predicted US peak quarterly growth to arrive some time in 2021.

Federal Reserve Chair Jerome Powell and his colleagues upgraded their assessment of the US economy but said they were not yet ready to consider scaling back pandemic support.

President Joe Biden will unveil a US$2.25 trillion ($3.03 trillion) US infrastructure plan Wednesday -- paid for by tax hikes on businesses -- that his administration said will prove the most sweep

President Joe Biden’s tax plan will feature higher levies on corporations and wealthy Americans, with relief eyed for middle-class households, including those in the US$110,000 ($147,968)-a-year in

President Joe Biden’s US$1.9 trillion ($2.56 trillion) Covid-19 relief bill cleared its final congressional hurdle Wednesday, with the House passing the bill on a 220-to-211 vote, sending it to the

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