House of Representatives expected to give final approval to $1.9 trillion spending package on Wednesday, clearing it to be signed by Biden

Commerce Department reports GDP shrunk by 3.5% in 2020 while net exports fell 13% and personal consumption expenditures dropped 3.9%

New US president to sign 2 more executive orders Friday as part of his administration's COVID response; economic adviser: 'The American people can't afford to wait'

Under pressure from all sides, US president approves $900 billion aid package but tells Congress 'wasteful items must be removed'

Agreement will see $600 stimulus checks for most Americans, establishes a temporary $300 per week supplemental jobless benefit and extends subsidies to struggling businesses

President-elect's economic vision of raising the minimum wage, rewriting the tax code and taxing high-earners will be a stark departure from Trump's policies

Decision, announced on Twitter, sends Wall Street stocks plunging as US president vows to focus solely on appointing new Supreme Court justice

'Hopefully George is looking down right now and saying this is a great thing for our country,' president says

Rate is a still-high 13.3%, on par with Great Depression levels, but 2.5 million jobs added last month indicate companies reopened and rehired more quickly than many forecast

26 million Americans file for jobless benefits, with 1 in 6 workers forced out of job by pandemic, as lawmakers pass new $500 billion aid package for businesses and hospitals