Fewest Americans collecting unemployment aid since 1970

The number of Americans collecting unemployment benefits fell to a 52-year low after another decline in jobless aid applications last week.

Interest rates could increase more than traditional quarter-point, US Fed governor says

Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.

Rising gas prices: Ways to maximize your fuel economy

As gas prices continue to climb, here are some tips and tricks to help save you money and maximize your fuel economy.

US job growth soars past expectations with 467,000 added, shaking off omicron surge

U.S. job growth blew past expectations in January, as the economy brushed off a record-breaking surge in COVID-19 cases nationwide that threatened to sideline millions of workers and kept many consumers at home.

Starbucks to raise menu prices to offset inflation

The Seattle-based coffee franchise had already raised prices — once in October 2021 and December 2021 — but inflation woes and labor issues have forced the company to hike prices once again.

Valentine's Day 2022: Spending expected to near $24B

More than half of U.S. consumers are planning to celebrate Valentine's Day despite rising inflation.

Unemployment claims drop for the first time in a month

The Labor Department reported Thursday that jobless claims fell by 30,000 to 260,000 last week, slightly less than the 265,000 analysts were expecting.

Unemployment claims climb to 286,000, the most since October

Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.

Retail sales drop 1.9% in December following early holiday rush

Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.

Inflation surges in December to highest rate since 1982

Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.

Loss of honey bees could cost America billions

U.S. beekeepers lost 50% of their colonies from April 2020 to April 2021, and according to new data the loss could cost America billions of dollars.

Sen. Joe Manchin on Biden's $2T bill: 'I can't vote for it'

Democratic Sen. Joe Manchin says he can’t back a $2 trillion social safety net bill, dealing a potentially fatal blow to President Joe Biden’s signature legislation.

Biden, Manchin at odds over $2T social spending bill, AP source says

According to a person familiar with the talks, President Joe Biden and Sen. Joe Manchin are said to be sharply divided over Democrats’ huge social and environmental bill.

Debt ceiling: Biden signs fast-track plan to prevent default

The Senate approved a bill that will clear the way for Congress to raise the debt ceiling with a simple-majority vote before the projected Dec. 15 deadline.

US consumer inflation rate up 6.8% in past year, highest since 1982

Prices for U.S. consumers jumped 6.8% in November compared with a year earlier, the highest annual inflation rate in 39 years.