American Household Wealth Jumped in the Pandemic

American Household Wealth Jumped in the Pandemic

Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.
U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession

U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession

White House and Wall Street estimates suggested the economy could withstand a brief shutdown, with risks mounting the longer it lasts.