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.
Some USPS deliveries will soon take longer, cost more
USPS will also institute price increases on some packages during the holiday season.
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.
Used cars seeing increase in value as microchip shortage slows manufacturing of new vehicles
The chip shortage is sending prices of used vehicles skyrocketing and, in some cases, increasing the value of vehicles bought in recent years above their sale price.
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.
Biden to visit Colorado Tuesday to pitch investments in clean energy
President Biden will visit the National Renewable Energy Laboratory in Denver, Colorado, on Tuesday and pitch his $3.5 trillion spending package.
UPS aims to hire 100K ahead of 'record peak holiday season'
UPS is planning to hire 100,000 seasonal workers ahead of an anticipated crush of holiday orders to begin as early as October.
Microsoft return to U.S. offices delayed indefinitely
Microsoft told employees Thursday that it has indefinitely delayed their return to U.S. offices until it’s safer to do so.
‘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.
US unemployment claims rise by 4,000 to 353,000
U.S. unemployment claims rose for the first time in five weeks even though the economy and job market have been recovering from the pandemic.
US unemployment claims hit pandemic low as hiring strengthens
The U.S. Labor Department reported Thursday that unemployment claims fell last week for a fourth straight time to a pandemic low of 348,000.
Child tax credit: Treasury, IRS disburse second round of payments
According to the IRS and Treasury Department, a technical issue will cause a small percentage of those who chose direct deposits to receive a physical check this month.
Lower home supply in Minnesota leads to decline in closings in July
A limited housing supply contributed to a drop in home sales in July compared to last year, according to the latest monthly Minnesota Realtors report.
US jobless claims fall for 3rd straight week as economy strengthens
U.S. unemployment claims dropped to 375,000, near a pandemic low and another sign of strength for a rebounding economy and job market.
Weekend Senate session stretches on to pass $1T infrastructure bill
Senators resigned to staying as long as it takes to overcome Republican holdouts who want to drag out final votes on the bill, one of President Joe Biden’s top priorities.
Expiration of eviction moratorium thrusts US into housing crisis
Millions of Americans are at risk of losing their homes now that the federal eviction moratorium has expired.
US unemployment claims down 24,000 to 400,000 as economy recovers
U.S. unemployment claims dropped by 24,000 to 400,000 last week in another sign that the job market is recovering from the coronavirus recession.
US unemployment claims rise to 419,000 from a pandemic low
The number of jobless claims increased last week to 419,000, the most in two months, from a pandemic low of 368,000 during the previous week.