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The United States Department of Labor issues a significant estimate correction stating that the U.S. economy added 818,000 fewer jobs between April 2023 and March 2024 than what was initially reported in July, the largest estimate revision since 2009.
2024-08-21

The United States enters a technical recession after its economy shrank for the 2nd consecutive quarter.
2022-07-28

President-elect Joe Biden unveils a $1.9 trillion relief package to bolster the United States economy. If passed in Congress, the relief package will increase the direct payments from $600 to $2,000, an increase of $1,400. The plan to increase the direct payments to $2,000 was endorsed by Biden himself, outgoing President Donald Trump, and Democrats.
2021-01-14

Chair of the Federal Reserve Jerome Powell says U.S. economic recovery from the recession could take until the end of 2021.
2020-05-17

Production ends at General Motors' Lordstown Assembly complex in Lordstown, Ohio, United States.
2019-03-6

Amid concerns that the value of the company's stocks would fall after the decision to cease the sales of certain firearms, Dick's Sporting Goods reports a stronger than expected quarter, with shares up 27%.
2018-05-30

After struggling with debt from a leveraged buyout, Claire's files for chapter 11 bankruptcy in the United States. The company has issued a statement that it expects its stores to remain operational while it restructures its debt.
2018-03-19

The largest U.S. broadcaster, iHeartMedia, owner of 850 radio stations, files for chapter 11 bankruptcy after accumulating US$20 billion in debt.
2018-03-15

Berkshire Hathaway Inc. agrees to pay USD $9 billion to buy the parent of Texas power transmission company Oncor Electric Delivery.
2017-07-7

The Dow Jones Industrial Average and S&P 500 hit record highs after the United States ecomomy grew more than expected in the fiscal year.
2013-12-20