Another ongoing effect of COVID-19 is less critical, and less obvious, but nevertheless substantial: more than two years after the lockdown, the disease continues to exert a brake on the US economy through productive workdays lost to worker illness, caregivers’ responsibilities for children ...
WASHINGTON (AP) — The nation’s economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households. Thursday’s report ...
"The tariffs are a blunt instrument. They hurt US consumers and businesses far more than they harm China's diversified economy," said Mary Lovely, a PIIE senior fellow. In semiconductors, China's huge investment since 2023 has boosted domestic production, with firms like SMIC reporting a 10 p...
The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.
Robust consumer spending and healthy business investment levels are driving the US economy, and although it remains strong, there are multiple variables weighing down on it
By the time President Biden came into office, we had to contend with the reality that a large non-market economy had been integrated into the international economic order in a way that posed considerable challenges. The People’s Republic of China continued to subsidize at a massive scale bot...
WASHINGTON (AP) — The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the government said Thursday, leaving its previous estimate unchanged. The Commerce Department reported that the nation’s gross domestic ...
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Posted inU.S. EconomyTaggedIRS,stimulus,taxes
Being a good parent is,of course,what every parent would like to be.But defining what it means to be a good parent is undoubtedly very __1__,particularly since children respond differently to the same style of parenting.A calm,rule-following child might respond better to a different sort ...