Economic insight from The Wall Street Journal. Want more? Sign up for our daily Real Time Economics newsletter: https://t.co/HX7UM0pmuK
Extra jobless benefits and stimulus payments increased the savings of unemployed Americans, a new study shows. That money is now running low—and so is the boost it gave the economy
New applications for unemployment benefits this month fell to the lowest levels since the coronavirus pandemic shut many businesses in March, a sign of improvement for the U.S. economy.
The market turmoil triggered by the coronavirus pandemic early this year uncovered weaknesses in the U.S. financial system that regulators are seeking to fix, says the Fed's Randal Quarles.
Presidential candidate Andrew Yang says his universal basic income policy would prepare people for the 21st-century economy: "We need to wake America up to the fact that it is not immigrants that are causing these [job] dislocations, it's technology." #WSJFuture