The Fed affirmed its rate policy will remain where it is “…until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals.” Rates are expected to remain…

The peak in daily new COVID-19 cases was six weeks ago, the recovery in jobs is encouraging and the rebound in automotive sales is impressive, but consumers may still be wary, particularly in light of social unrest. COVID-19 cases decline: The…

The peak in daily new COVID-19 cases was five weeks ago, and case growth generally continues to be on a declining trend for the U.S. overall, but some markets are still seeing growth. Testing is also growing. Some markets are seeing…

The peak in daily new COVID-19 cases was four weeks ago. Case growth appears to be on a declining trend for the U.S. overall, but individual markets have their own unique pandemic curves. Some markets are seeing more cases reported…

The peak in daily new COVID-19 cases was three weeks ago, and case growth appears to be on a declining trend for the U.S. overall, but some markets are still seeing growth. Testing is ramping up but remains inadequate. Joblessness…

The peak in daily new COVID-19 cases was over a week ago, so case growth is on a declining but inconsistent trend. Meantime, the economic fallout is evident in negative growth and record unemployment. Progress in slowing the virus is…

The Fed made no surprises today when they left rate policy — already at the zero lower bound — unchanged. The Fed’s statement and press conference affirmed the gravity of the economic situation created by the COVID-19 pandemic and in…

COVID-19 cases keep growing in the U.S., but the pace of increase is slowing as the peak in new cases occurred a week ago. Stay-at-home orders are working. Record jobless claims: The related closures will lead to a substantial economic…

COVID-19 cases keep growing in the U.S., but the pace of increase slowed down last week even while the rate of testing increased. Stay-at-home orders are working. The related closures will lead to a substantial economic contraction in March and…

The auto industry is anxiously awaiting reports of March vehicle sales, which automakers will start reporting on Wednesday, April 1. Undoubtedly, vehicle sales, which started the month strong, have plummeted as COVID-19 spread across the country, prompting an increasing number…