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U.S. retail sales jump 5.3%, thanks to $600 stimulus cheques

The January result followed three months of declines

Fed sets stress test scenarios for 2021

Whether big banks would be resilient to a severe recession, an unemployment spike and a stock market plunge will be tested

Small stocks roar after years of getting trampled

The Russell 2000 Index has more than tripled the gains of S&P 500 in the last three months

U.S. consumer prices up 0.3% in January, led by energy spike

Despite the monthly increase, inflation remains tame

Upset stressed young Asian business man in suit with hands on head sitting on stairs. Unemployment and layoff concept.

U.S. employers added just 49K jobs in January

The increase made scarcely any dent in the nearly 10 million jobs that remain lost

U.S. securities watchdogs reviewing recent stock market turbulence

The market battle that involved GameStop, AMC has sparked a review of trading practices

U.S. consumer spending slipped 0.2% in December

It was the latest sign that consumers, whose spending is the primary driver of the U.S. economy, are hunkered down

stock market

Brokerages limit trading in GameStop, sparking outcry

Robinhood, Charles Schwab and TD Ameritrade are among the brokerages restricting trades

Solar farm on a rural hillside

Investors see green returns as renewable energy rises

Renewable energy stocks soared last year with the promise of a friendlier White House

Upset stressed young Asian business man in suit with hands on head sitting on stairs. Unemployment and layoff concept.

U.S. economy shrank 3.5% in 2020

GDP contraction in 2020 was the largest in 74 years