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.
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.
Unemployment claims drop to 267,000, a new pandemic low
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.
CBiz jobs report: Small business job growth in October
The CBIZ Small Business Employment Index saw growth in October job numbers.
What's in the infrastructure bill? Biden's signature measure explained
The House passed the bipartisan plan Friday night and Biden said Saturday he will hold a signing ceremony when lawmakers return from a week’s recess. Here's a look at what's in the bill.
Infrastructure bill: Which Democrats, Republicans voted for Biden's signature measure
Joe Biden’s infrastructure bill passed Friday with the support of most Democrats and 13 Republicans who crossed party lines.
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.
US unemployment claims drop to 269,000, another pandemic low
U.S. unemployment claims fell to a fresh pandemic low last week to 269,000.
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.
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.
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.
US Treasury appoints 1st-ever counsel for racial equity
The Treasury Department has hired a former JPMorgan Chase executive to head a new government program aimed at combatting racial inequality issues in banking and other financial-services industries.
Entire staff at Indiana fast-food restaurant walks off during shift, leave note for customers explaining why
The entire staff at an Indiana fast-food location walked off the job in protest Saturday night, leaving a note on the drive-thru speaker warning hungry customers they were gone.
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."
Gas prices: Regular unleaded hits $7.59 in California town, report says
The Gorda station is known to have some of the highest prices in the country
Where are the workers? Cutoff of jobless aid does not bring them back
Three months after half the states began ending an extra $300-a-week in unemployment pay, there's been no significant influx of job seekers.
US unemployment claims fall to 290,000, a new pandemic low
Unemployment claims in the U.S. reached another pandemic low last week, declining to 290,000.
Treasury official claims inflation part of ‘economy in transition,’ only way out is 100% global vaccination
The comments are the latest in confusing, conflicting messaging on inflation from the Biden administration.
Fourth child tax credit payment goes out this week: What parents need to know
Families began receiving the fourth round of payments from the expanded child tax credit Friday.