June jobs report: US adds 850,000 jobs as economy extends its gains

U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.

US unemployment claims fall to 364,000, a new pandemic low

U.S. unemployment claims dropped by 51,000 last week to 364,000, the lowest level since the pandemic began in 2020.

Home prices surge by most on record

Home prices rose 14.6% year over year nationally in April, according to the national Case-Shiller index, making for the highest reading in more than 30 years of recordkeeping.

American Family Field workers ready for full capacity crowd

Ahead of a return to full capacity, the president of the Milwaukee Brewers has written a letter to the governor and the mayor.

Plastic shortage, price rise impacts homebuilders

The price of lumber has been high, but it should be cooling soon. Even so, the price of plastic is now said to be going up.

2020 teen summer employment was lowest since Great Recession

The number of teens who were able to get jobs during the summer of 2020 saw its lowest level since the Great Recession in 2008.

Senators eye infrastructure deal with $579 billion in new spending

A bipartisan group of senators is eyeing an infrastructure deal with $579 billion in new spending as part of a $1 trillion package

Kroger hosting hiring event Thursday, seeking 10K new workers

Kroger, which is already the largest grocery retailer in the United States, is hoping to hire 10,000 more workers with its hybrid hiring event taking place Thursday, June 10.

Chipotle raising prices to offset its $15 minimum wage hike

Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.

Bill to boost semiconductor production passed by Senate

The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China.

Biden to launch task force to address bottlenecks in supply chains

The Biden administration is forming a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.

US economy shows growth despite lacking enough workers, supplies

Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.

IRS sending refunds to those who paid taxes on 2020 unemployment

The IRS says it is sending more than 2.8 million refunds to those who paid taxes on unemployment compensation that is now excluded as income.

May jobs report: US adds modest 559,000 jobs amid hiring struggles

U.S. employers in May added 559,000 jobs, which was better than April but still a sign that many companies are struggling to find enough workers.

Child tax credit calculator: How much money can you expect to receive?

The IRS will start distributing the expanded child tax credit authorized under President Biden's coronavirus relief plan on July 15.

IRS can seize unemployment tax refunds for unpaid debts

The IRS began issuing refunds this week to Americans who overpaid taxes on unemployment benefits collected last year – but some individuals could have their checks seized to offset unpaid debts.