The recovery's pace picked up somewhat in April and May, sparking price pressures as businesses dealt with worker scarcity and rising costs.
At the Fed's April meeting, some officials signaled being open to discussing scaling back the central bank's bond purchases "at some point."
The U.S. labor market rebound slowed in November, indicating the surge in COVID-19 cases is hitting workers and slowing recovery.
They were once America's corporate titans and beloved household names, but now they're increasingly looking like something else: zombies.
The labor market strengthened in October, defying forecasts for more subdued gains amid an intensifying pandemic and congressional inaction.
Kuwait is struggling to make ends meet as a decline in energy prices raises questions over how Persian Gulf states are run.
Although Shinzo Abe resigned over health problems, few are anticipating drastic changes from the next Japanese prime minister.
Japan posted a record economic contraction in the second quarter, with recovery prospects now hinging on quickly reining in new infections.
Argentina's bonds jumped to the highest this year after it struck a deal with its top creditors to restructure $65 billion of debt.
The U.S. economy recorded one its sharpest downturns in the second quarter, highlighting COVID-19's toll on businesses and workers.
The rebound in the U.S. labor market accelerated in June as the economy reopened, though filings for jobless benefits remained elevated.
The U.S. labor market unexpectedly rebounded in May, signaling the economy is picking up faster than thought after the coronavirus outbreak.
Germany and France agreed to back a plan for a $543 billion recovery fund to help the EU weather the worst recession in living memory.
In the harshest downturn for workers in U.S. history, employers cut 20.5 million jobs in April and the unemployment rate more than tripled.
The Federal Reserve took aggressive steps to ease what it called "temporary disruptions" in Treasuries.
Chile is enduring a fourth day of rioting in the worst unrest since the country returned to democracy in the late 1980s.
The IMF warned that global economic risks have risen as central banks reduce borrowing costs and that stronger oversight is needed.
Puerto Rico Gov. Ricardo Rossello resigned after two weeks of furious protests, throwing leadership of the commonwealth into uncertainty.
Deutsche Bank unveiled an overhaul that will see the lender exit its equities business and its workforce by a fifth.
Turkey's central bank is launching a cheaper liquidity facility for lenders in the latest effort to support the country's battered markets.
As Federal Reserve Chairman Jerome Powell and his colleagues gather this week for a policymaking meeting, some will be thinking about 1995.
President Donald Trump has said privately that he knows Herman Cain will have trouble getting confirmed to the Federal Reserve Board.
Budget negotiations are even more fraught this year in New Jersey, following a near shut down of the state government last year.
The Federal Reserve and other central banks are right to rethink plans to tighten monetary policy as global growth slows, Davos goers say.
Airline pilots, resentful over pensions yanked away in a wave of bankruptcies, see growing company profits as a chance to reclaim some of those lost benefits.