Biden directed regulators to find ways to limit bank mergers.
AP Photo/Andrew Harnik
A handful of banks now dominate the US financial sector. This consolidation has resulted in higher costs for consumers and small businesses and put the economy at greater risk of a financial crisis.
The U.S. economy bounced back in record time.
AP Photo/Gerald Herbert
An economist explains what a recession is, who decides and why it took so long to learn that the COVID-19 downturn was officially over.
A big increase in use car prices drove the inflation rate higher in April.
AP Photo/David Zalubowski
The average price of US goods and services surged in April, leading some to worry the economy is beginning to experience dangerously high levels of inflation. A scholar explains why that’s unlikely.
Child care and preschool are a strain on family budgets.
Matt Roth for The Washington Post via Getty Images
The federal government spends about US$2,500 a year on child care and early education per child under 5, about half of the European average.
Biden made passing his $1.9 trillion bill one of his top priorities.
AP Photo/Evan Vucci
Whether the next pandemic bailout bill is called relief or stimulus depends on what ails the US economy – and maybe it doesn’t matter at all.
Black-owned businesses have been shuttered at a higher rate during the pandemic.
AP Photo/Mark Lennihan
With fewer funds to fall back on, minority-owned enterprises have struggled in the recession. To make things worse, many are in sectors that have been badly hit by lockdowns.
Biden has made fixing the economy one of his top priorities.
AP Photo/Evan Vucci
Biden proposed $1.9 trillion in new coronavirus relief spending to help with the economic fallout of COVID-19. Four economists have a few ideas for him.
Joe Biden’s middling economic policies are a chance to cut through the bitter polarisation of US politics.
Democrats control both the White House and Congress for the first time in 10 years.
AP Photo/Alex Brandon
Since 1953, the economy has only rarely been in recession when a Democrat was in the White House.
Not your average Joe.
From pandemic stimulus to China relations, it will soon become clear that there is a new broom in town.
Jim Lo Scalzo/EPA
Janet Yellen is the perfect choice to tackle the worst economic crisis in a century, and the problems that lie beyond.
The economy will be one of the president-elect’s top priorities in January.
AP Photo/Andrew Harnik
The Biden administration plans to push for a bold stimulus package to bolster the ailing American economy. An economist explains what he’s up against.
President-elect Joe Biden speaks to supporters on Nov. 7 in Wilmington, Del.
AP Photo/Carolyn Kaster
The US economy historically does better under Democratic presidents than Republicans, with far fewer months spent in recession
Back in the swing of things.
AP Photo/Michael Probst
The US economy’s record pandemic plunge was followed swiftly by a record upswing. But what does it all mean?
The Fed can create all the money Uncle Sam needs.
GeorgePeters/E+ via Getty Images
Congress is spending trillions of dollars trying to rescue the US economy and support workers and businesses. Can America afford it? ‘No sweat,’ according to modern monetary theory.
Highly skilled workers and international students in the U.S. are the latest group to be targeted by the Trump adminstration’s restrictive immigration policies.
THE CANADIAN PRESS/Ryan Remiorz
By making skilled workers the target of his latest anti-immigration policy, U.S. president Trump signals that he is willing to play to his far right base even if it undermines America’s economic interests.
For some small businesses, temporary will become permanent.
AP Photo/Elaine Thompson
Bankruptcy is meant to offer breathing space to struggling companies, but it may not be enough given the unpredictable nature of the pandemic.
People wearing protective masks form lines to receive free food from a food pantry run by the Council of Peoples Organization on May 8, 2020 in the Midwood neighborhood of Brooklyn, New York.
Andrew Lichtenstein/Corbis via Getty Images
For economically strapped Americans, the financial fallout from the epidemic may be permanently embedded in their digital profiles, making it harder for them to regain their economic footing.
Grocery workers have been essential during the pandemic. so should we be paying them more?
Rob Kim/Getty Images)
After the pandemic is over, grocery workers and nurses will still be essential. But will they be paid any better?
Fewer students from abroad expected to study in the U.S.
Klaus Vedfelt/Getty Images
If fewer students from other countries enroll in US colleges and universities this fall due to COVID-19, the effects would be felt well beyond the campus, an expert warns.