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.

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.

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.

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.

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.

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.

Biden signs bill raising nation's debt limit until early December

President Joe Biden has signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.

Federal student loan payments to resume soon

Payments must resume and interest rates will be reinstalled on student loans on January 31, 2022, despite many borrowers still being in tight financial situations.

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.