U.S. Economy

The White House is not currently planning for a fourth emergency coronavirus response proposal as it focuses on implementing the unprecedented $2 trillion relief package passed last week, two senior administration officials told CNBC.Since…
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Items from a COVID-19 test kit are displayed for a photograph.Michael Nagle | Bloomberg | Getty ImagesFederal prosecutors have criminally charged a Georgia man for allegedly conspiring to defraud federal and private health-care benefit…
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The US Capitol is reflected in a standby ambulance on March 27, 2020, in Washington, DC.Alex Edelman | AFP | Getty ImagesHouse members are scrambling back to the Capitol on Friday morning as one member's opposition to a $2 trillion…
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Kristalina Georgieva, managing director of the International Monetary Fund (IMF), speaks in Washington, D.C., on Oct. 16, 2019.Andrew Harrer | Bloomberg | Getty ImagesThis is a developing story. Check back for updates.International Monetary…
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Paul Tudor JonesKevin Mazur | Getty ImagesHedge fund manager Paul Tudor Jones said Thursday investors should commend Washington's policy response to the economic shock from the coronavirus pandemic. "Investors can take heart that we've…
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New York Governor Andrew Cuomo speaks to the media at the Javits Convention Center which is being turned into a hospital to help fight coronavirus cases on March 24, 2020 in New York City.Eduardo Munoz Alvarez | Getty ImagesNew York state…
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The federal government is racing to ease the pain facing the U.S. economy as the coronavirus pandemic makes its swift pivot from public health crisis to financial catastrophe.The damage from COVID-19, the disease caused by the new virus, is…
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The number of confirmed COVID-19 cases in the United States surpassed 10,000 on Thursday, doubling over two days as states ramp up testing and the new coronavirus sweeps across the country.New York Gov. Andrew Cuomo said Thursday morning…
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Next Thursday's look at weekly new jobless claims may show a tenfold spike to 2 million as the full force of the coronavirus halt in the U.S. economy slams the labor market, economist Ian Shepherdson told CNBC.Shepherdson's comments came…
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A customer browses products at a Walmart store in Burbank, CaliforniaPatrick T. Fallon | Bloomberg | Getty ImagesU.S. consumer prices increased slightly last month, driven higher by more expensive food.The Labor Department said Wednesday…
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