The measures would seek to avoid an unprecedented default on U.S. national debt
Sales declined in eight of 11 subsectors, representing 65.6% of retail trade
Ratings outlooks are returning to pre-pandemic levels as economic recovery strengthens
Americans spent more last month on clothing, electronics and dining out
The central bank said in a report that its low-interest-rate policies are providing “powerful support”
The number of part-time positions rose, while full-time jobs lagged
Approval of the sweeping tax package is likely at the G20 meeting Friday and Saturday
Consumer spending stalled as incomes dropped for a second month and inflation posted a sizeable gain
The monthly drop was the largest since the pandemic began
No one wants to relive the double-digit inflation of the 1970s, Yellen told the Senate Finance Committee on Wednesday