Scott Horsley

The U.S. economy rebounded sharply during the last three months, growing at a record quarterly pace of 7.4%. However, the economy has not yet recovered from the damage done by the pandemic.

U.S. GDP grew at a record 33.1% annualized pace in the third quarter, erasing some but not all of the damage done by the coronavirus recession.

The Commerce Department reported record-setting economic growth during the most recent quarter. But the economy is far from healthy, after a record-shattering collapse earlier this year.

The U.S. is expected to report record-setting economic growth in the most recent quarter. But that won't repair all of the damage done during the spectacular downturn three months earlier.

Women are leaving the workforce at four times the rate of men. The shift is especially pronounced among Latina women, and that could have lasting effects for the broader economy.

President Trump campaigned on a promise to re-draw America's trade ties with the rest of the world. It hasn't always worked out as he hoped.

Reports that President Trump paid little to no taxes in the last 20 years spotlighted the IRS's lax enforcement. As the agency strains under budget cuts, rich people are less likely to be audited.

Millions of unemployed Americans are still waiting for help from the federal government, but pandemic relief efforts have stalled. Republicans point to a ballooning federal deficit.

Many unemployed Americans have been tapping into their savings to pay bills. But those savings are going fast, and hopes for a new round of pandemic relief before the election are fading.

Many unemployed Americans have had to tap into their savings to pay bills. Hopes for a new pandemic relief bill before the election are fading, and those savings for many are largely exhausted.

Stanford University professors Paul Milgrom and Robert Wilson won the 2020 Nobel Memorial Prize in Economic Sciences for their work in understanding and designing auctions.

Stanford's Paul Milgrom and Robert Wilson are honored for their "inventions of new auction formats." Auctions are now used to price Internet ads, wholesale electricity and fishing permits.

The $1.1 million prize goes to Stanford professors Paul Milgrom and Robert Wilson for advancing knowledge of how buyers and sellers behave.

President Trump abruptly pulled out of negotiations for more pandemic aid, then seemed to reverse himself. Forecasters say without federal help, recovery will take longer and be more painful.

Powell renews his call for congressional action on the economy, but President Trump tells his representatives to stop negotiating on new relief until after the election.

Job growth slowed in September as U.S. employers added just 661,000 jobs. Unemployment dipped to 7.9%, largely driven by people leaving the workforce.

Women left jobs at four times the rate of men in September. The burden of parenting and running a household while also working a job has created a pressure cooker environment that's pushing women out.

The Labor Department says U.S. employers added just 661,000 jobs last month, as unemployment fell to 7.9%, showcasing an economic recovery that is losing steam.

Markets face a double whammy of bad news after the president's health upended an election heading into its final stretch and the September jobs report proved disappointing.

Asian Americans have traditionally enjoyed some of the lowest unemployment rates in the country. But the pandemic is taking a heavy toll - and Trump's blaming China isn't helping.