Climate change: US report targets economic risks from extreme weather

A new White House report addresses how the U.S. economy could be affected by climate change, including extreme heat, flooding, storms and wildfires.

US unemployment claims fall to lowest level of COVID-19 pandemic

U.S. unemployment claims dropped 36,000 to 293,000 last week, the lowest level since the start of the pandemic, the Labor Department said.

Port of Los Angeles going 24/7 to ease shipping backlog, White House says

The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.

Social Security checks to increase by 5.9% in 2022 as inflation jumps

The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.

Social security annual cost-of-living set to increase in 2022

Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.

Companies hard-pressed for holiday staff despite millions of job openings

Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.

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.

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.