Debt ceiling: House passes short-term increase, sends to Biden
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
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.
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.”
McConnell warns Biden he won’t help vote to raise debt ceiling in December
“I write to inform you that I will not provide such assistance again if your all-Democrat government drifts into another avoidable crisis,” Senate Minority Leader Mitch McConnell wrote in a letter to President Joe Biden on Friday.
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.
Senate leaders agree to extend debt ceiling, avoid default
Senate leaders announced an agreement Thursday to extend the government’s borrowing authority into December, temporarily averting an unprecedented federal default that experts say would devastate 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.
US considering releasing emergency oil reserves to lower gas prices, Granholm says
US gas prices surged to $3.21 per gallon this week, marking the highest cost in seven years.
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.
Biden vows to 'get it done' as $3.5T infrastructure bill negotiations drag on
House Speaker Nancy Pelosi told colleagues in a letter that “more time is needed.”
House prepares for clash over $1.5 trillion infrastructure bill
Pelosi said she wants to see the House pass Biden's, $1.5 trillion infrastructure bill Thursday, though she suggested the vote might face delays
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.
US home prices saw record leap in July from previous year
U.S. home prices soared in July from a year earlier by a record amount as buyers desperate for homes bid up prices amid a limited supply of available properties.
Biden dives into high-stakes negotiations over Build Back Better infrastructure plan
President Joe Biden appears determined to strike agreement with two wavering Democratic senators over his big $3.5 trillion government overhaul.
HomeGoods goes digital ahead of holiday season
HomeGoods.com offers free standard shipping on orders of $119 or more and free mailed or in-store returns on most purchases.
House votes to suspend debt ceiling, bill heads to Senate
The House on Wednesday voted to suspend the debt ceiling through Dec. 16, 2022.