The Finance Department's fiscal monitor says the deficit now reflects current economic challenges caused by Covid-19
The prolonged, profound pandemic experience may have altered consumers for good, new research suggests
Big U.S. tech stocks continued to lure domestic investors
While growth slowed, the organization said, GDP topped pre-pandemic levels
The inflation spike is affecting consumers, the Biden administration and central banks
Fitch Ratings sees savings glut supporting consumption amid rising prices
The rating agency sees conditions deteriorating as life, and spending habits, return to normal
Both housing prices and the number of home sales have grown in the past year
The overall trade surplus grew, thanks to strength in goods exports
The unemployment rate also hit a pandemic-era low