Economy

U.S. economy surpasses pre-pandemic size with 6.5% Q2 growth

The economy is expected to expand as much as 7% this year, though a resurgent virus could interfere

July 29, 2021

4 min read

Federal Reserve notes improving economy, a step toward easing support

More progress is needed on employment, price stability before tapering bond purchases, Powell says

By Christopher Rugaber, The Associated Press |July 28, 2021

3 min read

Annual rate of inflation hits 3.1% in June

The result was down slightly from May's high

By Jordan Press, The Canadian Press |July 28, 2021

3 min read

IMF forecasts 6% global growth this year as economies reopen

A gap between the vaccine haves and have-nots is expected to widen

By Paul Wiseman, The Associated Press |July 27, 2021

2 min read