Amid an economy inflated from massive government handouts and supply chain disruptions, U.S. gross domestic product (GDP) increased at a 6.5 percent annual rate in the second quarter of 2021, falling significantly short of federal projections. The Commerce Department’s report released Thursday indicated U.S. GDP did not surge from April to June after the first...Read More

National Economic Council Director Brian Deese discusses the Delta variant’s impact on US economic recovery and the expiring eviction moratorium. National Economic Council Director Brian Deese on Sunday said that he sees “durable momentum in the economy” despite the spread of the COVID-19’s highly transmissible delta variant. Deese appeared on “Fox News Sunday” to address the...Read More

The U.S. government has grappled for nearly a decade over what to do with immigrants who arrived illegally as children with their parents, and that debate shows no signs of abating. Without legal status, these nearly two million young people who entered the country illegally in the last twenty-three years cannot be legally employed, obtain...Read More

by Xinhua writer Liu Lina, Ni Yuanshi BEIJING, July 31 (Xinhua) — As a consequence of COVID-19, the world is undergoing the worst economic recession in decades and globalization is becoming fragile. Building resilient globalization requires new international cooperation, in which China will continue to play a constructive role, experts said in a recent forum...Read More

Economist Steve Moore says that crypto assets such as Bitcoin are a threat to the dollar and have advantages over central bank digital currencies (CBDCs). In a recent interview with Kitco News, Moore says that although he doesn’t think the US dollar will lose its reserve currency status in his lifetime, he believes that crypto...Read More

Hurray. The U.S. economy has revived so quickly that it’s now larger than it was before the pandemic. But it’s still no time to celebrate. After a sizzling 6.5% rate of annualized growth in the spring, the size of the economy surpassed its pre-coronavirus peak. And it happened a lot faster than virtually anyone would...Read More

EUCLID, Ohio (WOIO) – A man is wanted by Euclid Police for breaking and entering into several dollar stores multiple times, and detectives need help identifying him. Police said the suspect broke into the Family Dollar on Euclid Avenue twice, the Dollar General on Euclid Avenue, and the Dollar General on Green Road in South...Read More

Generally, time means progress. But in the last two decades, the labor force participation rate of women between ages 25 and 54 has dropped in the United States, according to a new analysis — leaving $650 billion on the table each year.  “I hear all the time from working moms who can’t even go to a...Read More

Technology sector updates Sign up to myFT Daily Digest to be the first to know about Technology sector news. Future histories of the Great Pandemic that began in 2020 will have to devote whole chapters to the role of technology. Had coronavirus struck even a decade earlier, the ability to moderate its spread through social...Read More

“We’re currently touching, caring for more patients on a given day now than they were pre-pandemic when you add in telemedicine activities, plus the patients coming on site for care here,” said Dr. Steve Ommen, a cardiologist and the medical director for experience products for Mayo Clinic’s Center for Digital Health. Video visits skyrocketed more...Read More