Jason Furman
FILE - American flags hang outside of the New York Stock Exchange, in this Tuesday, Feb. 16, 2021, file photo. The White House believes it has an ally in the bond markets to make the case that inflation isn't an economic threat. (AP Photo/Frank Franklin II, File)
White House: Markets showing little worry about inflation

By Josh Boak Jun. 16, 2021 05:22 AM EDT

President Joe Biden talks about the May jobs report from the Rehoboth Beach Convention Center in Rehoboth Beach, Del., Friday, June 4, 2021. (AP Photo/Susan Walsh)
Biden says jobs report bolsters case for government spending

By Josh Boak Jun. 05, 2021 12:38 AM EDT

President Joe Biden talks about the May jobs report from the Rehoboth Beach Convention Center in Rehoboth Beach, Del., Friday, June 4, 2021. (AP Photo/Susan Walsh)
Biden says jobs report bolsters case for government spending

By Josh Boak Jun. 04, 2021 03:33 PM EDT

FILE—In this file photo from May 5, 2021, a truck passes a sign showing a need to hire laborers outside a concrete products company in Evans City, Pa. Pennsylvania will resume work search requirements in July for hundreds of thousands of people receiving unemployment compensation, a top Wolf administration official said Monday, May 24, 2021. (AP Photo/Keith Srakocic, File)
More jobless getting aid than in past even as cutoffs loom

By Christopher Rugaber May. 27, 2021 08:37 AM EDT

Sen. Jerry Moran, R-Kan., left, Sen. Pat Toomey, R-Pa., and others head to the chamber as the Senate holds a voting marathon on the Democrats' $1.9 trillion COVID-19 relief bill that's expected to end with the chamber's approval of the measure, at the Capitol in Washington, Friday, March 5, 2021. (AP Photo/J. Scott Applewhite)
Fighting Biden virus aid, GOP rekindles Obama-era strategy

By Lisa Mascaro Mar. 05, 2021 09:01 PM EST

Preparations are made prior to a dress rehearsal for the 59th inaugural ceremony for President-elect Joe Biden and Vice President-elect Kamala Harris on Monday, January 18, 2021 at the U.S. Capitol in Washington. (AP Photo/Patrick Semansky, Pool)
Biden's test: Engineering economic boom in a partisan divide

By Josh Boak Jan. 18, 2021 12:30 PM EST

FILE - In this May 22, 2020, file photo the Dome of the U.S. Capitol Building is visible through heavy fog in Washington. New virus relief will have to wait until after the November election. Congress is past the point at which it can deliver more coronavirus aid soon, with differences between House Speaker Nancy Pelosi, Senate Republicans and President Donald Trump proving insurmountable. (AP Photo/Andrew Harnik, File)
Deadline looms, but COVID relief deal may be far off

By Andrew Taylor Oct. 19, 2020 12:23 AM EDT

Senate Majority Leader Mitch McConnell, R-Ky., speaks during a debate with Democratic challenger Amy McGrath in Lexington, Ky., Monday, Oct. 12, 2020. (Michael Clubb/The Kentucky Kernel via AP, Pool)
McConnell slates October revote on GOP COVID relief plan

By Andrew Taylor Oct. 13, 2020 11:30 AM EDT

A customer wears a mask and looks at their cell phone as they carry their order past a now hiring sign at an eatery in Richardson, Texas, Wednesday, Sept. 2, 2020. The U.S. unemployment rate fell sharply in August to 8.4%  from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began. (AP Photo/LM Otero)
AP Explains: 5 key takeaways from the August jobs report

By Paul Wiseman Sep. 04, 2020 03:50 PM EDT

A new AP-NORC poll finds that Black and Hispanic Americans are especially likely to report household income loss from layoffs, working reduced hours, taking unpaid time off or reduced wages or salaries.;
AP-NORC poll: Politics drive divergent view of US economy

By Josh Boak And Emily Swanson Jun. 22, 2020 08:01 AM EDT

In this Thursday, June 4, 2020 photo, ADAPT gym owners Scott Grondin, left, and Jorge Sanchez pose for a photo at the gym in North Miami, Fla. The business partners and co-founders of the gym just got the OK to reopen their Miami area studio Monday after three months. Desperate to keep their carefully built 15-person team, they gave up their own salaries to keep the entire staff at full pay, relying on them to quickly pivot to online fitness training. (AP Photo/Wilfredo Lee)
US unemployment drops unexpectedly to 13.3% amid outbreak

By Christopher Rugaber Jun. 05, 2020 09:12 AM EDT

FILE - In this Feb. 20, 2020, file photo President Donald Trump arrives to speak at a campaign rally at The Broadmoor World Arena in Colorado Springs, Colo. As the economy faces a once-in-a-century recession, with more than 38 million people out of work, Trump is increasingly talking up a future recovery that probably won't materialize until after the November election. (AP Photo/Evan Vucci, File)
White House punts economic update as election draws near

By Andrew Taylor, Josh Boak And Aamer Madhani May. 29, 2020 12:05 AM EDT

FILE - In this Feb. 20, 2020, file photo President Donald Trump arrives to speak at a campaign rally at The Broadmoor World Arena in Colorado Springs, Colo. As the economy faces a once-in-a-century recession, with more than 38 million people out of work, Trump is increasingly talking up a future recovery that probably won't materialize until after the November election. (AP Photo/Evan Vucci, File)
White House punts economic update as election draws near

By Andrew Taylor, Josh Boak And Aamer Madhani May. 28, 2020 05:58 PM EDT

President Donald Trump signs a coronavirus aid package to direct funds to small businesses, hospitals, and testing, in the Oval Office of the White House, Friday, April 24, 2020, in Washington. Sen. Roy Blunt, R-Mo., left, and Jovita Carranza, administrator of the Small Business Administration look on. (AP Photo/Evan Vucci)
Coronavirus relief pushing US deficits to staggering heights

By Andrew Taylor Apr. 24, 2020 01:37 PM EDT