U.S. Economic Recovery Gains Steam While Others Stutter

The U.S. economy picked up momentum this month as firms shook off the effects of the pandemic-induced downturn, though recoveries in other parts of the world slowed, according to new surveys of purchasing managers. The data released Friday suggest U.S. firms are seeing demand return as they reopen from the lockdowns imposed in the spring […]

EU Agrees to $857B Economic Recovery Plan

EU Agrees to $857B Economic Recovery Plan

Overcoming deep divisions over some of its terms, European leaders agreed Tuesday to a historic deal to rebuild EU economies ravaged by the coronavirus crisis. Under the agreement, which was reached after a contentious five-day summit in Brussels, the EU will borrow...