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Stocks fell sharply across the globe on Monday, as worries about the U.S. economy triggered a worldwide sell-off. The Dow Jones Industrial Average tumbled more than 1,000 points or 2.6%.

Congressional forecasters expect the federal deficit to reach $3.3 trillion during the current fiscal year. By 2023, government debt will reach an all-time high of 107% of GDP.

The 0.1 percentage-point rise in unemployment was driven by some good news: More people who have been out of work started looking for a job again.

With a closely divided Congress, President-elect Joe Biden's economic agenda may depend on what his incoming administration can do on its own.

The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce Department said Thursday.

Harris and Trump look toward undecided voters in Arizona and Nevada as a pathway to the White House. And, the U.S. economy sees solid growth.

The arrest of food delivery worker Chen Guojiang dealt a blow to nascent efforts to promote couriers' rights as they've gained broader public attention during the coronavirus pandemic.

Jerome Powell and Treasury Secretary Janet Yellen will tell Congress the economy is recovering but that more needs to be done to get to pre-pandemic levels

The U.S. economy shrank during the first three months of the year and consumer confidence has plummeted. And, Ukraine and the U.S. have signed a minerals deal that both sides say is a win.