The latest Federal Reserve report on business conditions across the country found the economy is still moving, although it has been slowed down by several factors. The report, known as “The Beige Book”, was released Wednesday. “Economic activity grew at a modest to moderate rate, according to the majority of Federal Reserve Districts,” the report…

According to numbers from China’s National Bureau of Statistics published Monday, the country’s economy grew at its slowest pace in a year in the third quarter. China’s GDP increased by 4.9 percent in the third quarter compared to the third quarter of 2020 when growth was almost 8 percent. In addition to missing analyst expectations,…

Update: (10/15/21): White House Assistant Press Secretary Kevin Munoz confirmed Friday the United States is opening its borders to for nonessential foreign travel. “The US’ new travel policy that requires vaccination for foreign national travelers to the United States will begin on Nov. 8,” Munoz tweeted. “This announcement and date applies to both international air travel…

On the same day the Labor Department reported a record number of Americans quitting their jobs in August, the International Monetary Fund (IMF) downgraded its expectations for economic growth in the United States and around the world. In its job openings and labor turnover report published Tuesday, the Labor Department said 4.3 million Americans quit…

Members of the House returned to Washington during recess Tuesday, where they passed a bill that would temporarily raise the debt ceiling and push the potential of default back to December. Treasury Secretary Janet Yellen had said default could happen as early as Oct. 18. If signed by President Joe Biden, the bill would raise…

Gwen’s picks for Friday, October 8 include: An explosion killed at least 46 people and wounded dozens more at a mosque in Afghanistan. The explosion happened as Shiite Muslim worshippers were gathering for the weekly Friday prayer service President Joe Biden said the U.S. economy remains strong after a “disappointing” September jobs report with the United States adding…

President Joe Biden said the U.S. economy remains strong after a “disappointing” September jobs report with the United States adding only 194,000 jobs. He blamed the low number on companies slowing new hires because of the spread of the delta variant of coronavirus. “What we’re seeing is an economic recovery that’s durable and strong,” he…

The White House released a report Thursday morning showing the effect recent vaccine requirements have had on the country’s vaccination rate as a whole. According to the latest numbers from the Centers for Disease Control and Prevention, just under 78 percent of U.S. adults have received at least one dose of the vaccine. Among the findings in…

Update (10/8/21): The Senate approved a debt ceiling deal in a late Thursday night vote. The 50-48 vote paves the way for Congress to raise the government’s debt ceiling by nearly a half-trillion dollars. The bill’s expected passing in the House would only hold off a potential default until December, setting up another showdown before the…

As both the bipartisan infrastructure bill and President Joe Biden’s larger economic bill are on hold in Washington, Biden hit the road to pitch his “Build Back Better” agenda Tuesday. The video above shows clips from the trip. Joined by Michigan Rep. Elissa Slotkin and Gov. Gretchen Whitmer, Biden talked about his economic agenda at…