Economy

Out of the 36 responses, 19 business leaders, or 53%, said they are doing slightly or much worse than pre-pandemic compared to 15 business leaders, or 42%, who say they are doing slightly or much better and two, or 5%, who say they are doing the same. 

China’s factory gate prices fell last month at their slowest pace since February, official data showed on Monday, suggesting China’s manufacturing sector continues to see a steady recovery from the COVID-19 shock.

White House trade and economic adviser Peter Navarro predicted Friday that Joe Biden will "reverse engineer" President Trump's successes and cause social and economic turmoil, as well as potential long-term stagflation.

Former McDonald’s USA CEO Ed Rensi told FOX Business small businesses in Florida will come out of the pandemic "stronger."

Economist Steve Moore said shutting down California's economy hurts U.S. job growth.

Mnuchin plans to focus on the "important work" that still needs to be done, according to sources close to the secretary.

As we look forward to a post-pandemic world, now is the time for the construction industry to do what it does best.

French tire maker Michelin said on Wednesday it would cut up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France, adding this would involve neither layoffs nor plant closures.

Wednesday the Department of Labor published its final rule clarifying who is an independent contractor, rather than an employee covered by the Fair Labor Standards Act, or FLSA.

A recent executive order by Governor Greg Abbott states that if any trauma service center has seven consecutive days in which the COVID-19 hospitalizations exceeds 15 percent, bars must close, hospitals must postpone elective surgeries, and restaurants and other business establishments must reduce operating capacity from 75 percent to 50 percent.

Republicans David Perdue and Kelly Loeffler, both incumbents, have presented themselves as a firewall against socialism.

Macy's has notified employees at roughly 45 of its stores that the locations will soon shut down.

The lingering economic pain from the coronavirus pandemic could elevate the mortality rate in the U.S. for more than a decade, with close to 900,000 excess deaths projected over the next 15 years.

Former Trump senior economic adviser Steve Moore said on Tuesday that based on history, "the worst scenario over the last 50 or 60 years was when Democrats had control of all the levers of power."

Former Trump economic adviser Gary Cohn is adding IBM to his resume.