US unemployment claims drop seventh straight week to 268,000
U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.
U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.
Target, Walmart say holiday inventory is up despite supply chain disruptions
Target and Walmart say they are kicking off the holiday season with stocked shelves despite the industry's battle with supply chains and shipping backlogs.
Target and Walmart say they are kicking off the holiday season with stocked shelves despite the industry's battle with supply chains and shipping backlogs.
Biden signs $1T infrastructure bill into law as Congress debates climate, social bill
The bill includes providing $110 billion to repair the nation’s aging highways, bridges and roads.
The bill includes providing $110 billion to repair the nation’s aging highways, bridges and roads.
US inflation: Economists explain why consumer prices are rising
For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn’t stay long.
For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn’t stay long.
Biden administration ‘looking at every tool in arsenal’ to address gas price hike
Energy costs played a large role in the inflation surge, skyrocketing 4.8% from September to October, with the price of gas jumping up 6.1%.
Energy costs played a large role in the inflation surge, skyrocketing 4.8% from September to October, with the price of gas jumping up 6.1%.
Americans quit jobs at record pace in September for 2nd straight month
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation's workforce.
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation's workforce.
US hospitals ask for donations of gently used crutches, canes, walkers amid shortage
An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.
An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.
Business startups had record year, Census Bureau to begin keeping official tally
The monthly data will focus on new business applications and business formations to help officials monitor economic activity across the country.
The monthly data will focus on new business applications and business formations to help officials monitor economic activity across the country.
US consumer prices jumped 6.2% in past year, highest inflation rate since 1990
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Unemployment claims drop to 267,000, a new pandemic low
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
11 Democratic lawmakers ask Biden to dip into Strategic Petroleum Reserve to alleviate gas price hike
The Strategic Petroleum Reserve is stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico and is the world’s largest supply of emergency crude oil.
The Strategic Petroleum Reserve is stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico and is the world’s largest supply of emergency crude oil.
Biden's $1.85T spending package: What's in, what's out as House nears vote
What's in? What's out? Here's a look at the $1.85 trillion spending bill making its way through Congress.
What's in? What's out? Here's a look at the $1.85 trillion spending bill making its way through Congress.
October jobs report: US hiring rebounds with 531,000 jobs added
The October 2021 U.S. jobs report showed employers stepped up their hiring, adding a solid 531,000 jobs — the most since July.
The October 2021 U.S. jobs report showed employers stepped up their hiring, adding a solid 531,000 jobs — the most since July.
Fed dialing back COVID-19 economic aid amid high inflation
In a statement Wednesday after its latest policy meeting, the Fed said it will start reducing its $120 billion in monthly bond purchases in the coming weeks, by $15 billion a month, though it reserved the right to change that pace.
In a statement Wednesday after its latest policy meeting, the Fed said it will start reducing its $120 billion in monthly bond purchases in the coming weeks, by $15 billion a month, though it reserved the right to change that pace.
Biden announces 'historic' deal on $1.75T spending plan, asks Democrats for votes
President Joe Biden says he has reached a “historic” framework with Democrats in Congress on his sweeping, though scaled-back domestic policy plan.
President Joe Biden says he has reached a “historic” framework with Democrats in Congress on his sweeping, though scaled-back domestic policy plan.
US unemployment claims drop to pandemic low of 281,000
U.S. unemployment claims dropped by 10,000 to 281,000, the lowest since mid-March 2020.
U.S. unemployment claims dropped by 10,000 to 281,000, the lowest since mid-March 2020.
World Series brings potential windfall for the local economy
As the Astros begin their third World Series in five seasons, at least one estimate suggests as many as 10,000 out-of-town baseball fans, from both teams, will visit Houston for the series.
As the Astros begin their third World Series in five seasons, at least one estimate suggests as many as 10,000 out-of-town baseball fans, from both teams, will visit Houston for the series.
Thanksgiving dinner may be more expensive as holiday staples in short supply
While most will likely be able to get their hands on a turkey for Thanksgiving this year, shoppers could be shelling out more cash for it as well as other holiday staples — largely due to supply chain bottlenecks.
While most will likely be able to get their hands on a turkey for Thanksgiving this year, shoppers could be shelling out more cash for it as well as other holiday staples — largely due to supply chain bottlenecks.
Twitter CEO Jack Dorsey's dire warning: 'Hyperinflation' will soon 'change everything'
Twitter CEO Jack Dorsey has issued a warning about hyperinflation, saying it "is going to change everything."
Twitter CEO Jack Dorsey has issued a warning about hyperinflation, saying it "is going to change everything."
Fed sets new limits on policymakers' investments amid questionable trades
The Federal Reserve issued new restrictions on policymakers’ investments in response to questionable recent trades that forced two top officials to resign.
The Federal Reserve issued new restrictions on policymakers’ investments in response to questionable recent trades that forced two top officials to resign.