Gas prices on the rise, leaving only 8 states under $3 per gallon
U.S. gas prices across the nation stand at about $3.25 per gallon.
Americans quit jobs at highest rate on record in August, Labor Department says
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
Nobel prize for economics awarded to 3 in US for societal research
The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”
September jobs report: US adds weak 194K jobs as delta maintains hold
U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.
Debt ceiling: Deal reached with GOP on short-term fix, Schumer says
A debt ceiling deal that would temporarily raise the limit through December has been reached with Republicans, Senate Majority Leader Chuck Schumer said.
US unemployment claims fall to 326,000, first drop in four weeks
U.S. unemployment claims were down by 38,000 to 326,000 last week, the first drop in four weeks.
Biden stresses consequences of failing to raise debt ceiling in meeting with CEOs
With the clock ticking on America’s debt limit, President Joe Biden called a meeting with CEOs of major businesses to stress the importance of raising the debt ceiling.
Debt ceiling debate includes real consequences for average Americans
The current debt ceiling is $28.4 trillion dollars, and the government has spent it all. There will be real consequences for average Americans until leaders agree to spend more.
Bacon prices hit record high amid supply chain disruptions, increased demand
The cost of bacon was $4.77 in 2011 and has risen nearly 50% this year, according to U.S. Bureau of Labor and Statistics data.
Biden calls GOP’s refusal to raise debt ceiling ‘hypocritical’
President Joe Biden is giving remarks on the debt ceiling, as the U.S. quickly approaches its limit on federal borrowing.
US unemployment claims rise for 3rd straight week amid delta spread
U.S. unemployment claims rose by 11,000 last week to 362,000, the Labor Department said Thursday.
Dollar Tree to sell more items above $1 amid rising shipping costs
The company had already begun testing higher prices at several hundred of its nearly 8,000 locations in the Dollar Tree Plus section and received positive feedback from customers.
Virtual career fair looks to match Army veterans with employers
As the nation struggles to fill open jobs, the Labor Department says the number of 'veterans' looking for work fell to a pre-pandemic low of 3.6%, in August. Finding the right fit, however, can be a challenge.
US unemployment claims tick up from near a pandemic low
U.S. unemployment claims rose last week for a second straight week to 351,000.
Biden calls on wealthy to ‘pay their fair share’ in speech on economy
President Biden says America's economy is at an inflection point during a speech Thursday afternoon.
US consumer prices rise 0.3% in August 2021, lowest in 7 months
U.S. consumer prices rose a lower-than-expected 0.3% last month, a hopeful sign that a recent jump in inflation may be cooling.
Few options for jobless Americans after pandemic unemployment benefits expire
It's estimated that roughly 8.9 million Americans will lose all or some of these benefits.
Pandemic unemployment benefits end for 7M Americans on Labor Day
The expiration of jobless benefits could fuel a sharp spending pullback.
‘No question’ delta variant is why August job growth wasn’t stronger, Biden says
America’s employers added just 235,000 jobs in August, a modest gain after two months of robust hiring at a time when the delta variant’s spread has discouraged some people from flying, shopping and eating out.
Fed to end ultra-low interest rates if hiring keeps improving, Powell says
Should hiring continue to improve, Chair Jerome Powell said the Federal Reserve will dial back its ultra-low interest rates policies later this year.