Harris to announce $1.5B investment to fight health care worker shortage

The money, which includes funds from the American Rescue Plan and other sources, will support more than 22,700 providers, marking the largest number of providers enrolled in these programs in history, according to the White House.

US unemployment claims drop seventh straight week to 268,000

U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.

Elon Musk sells more shares than necessary to pay current tax bill

Elon Musk is selling more Tesla shares than he needs to pay current tax obligations. Experts say he’s either converting part of his fortune from stock to cash, or he’s saving for bigger tax bills due next year.

Target, Walmart say holiday inventory is up despite supply chain disruptions

Target and Walmart say they are kicking off the holiday season with stocked shelves despite the industry's battle with supply chains and shipping backlogs.

White House expects Biden's spending bill to pass House this week

President Joe Biden’s top economic adviser is confident confidence the White House’s $1.85 trillion domestic policy package will quickly pass the House this week.

US inflation: Economists explain why consumer prices are rising

For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn’t stay long.

US hospitals ask for donations of gently used crutches, canes, walkers amid shortage

An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.

Biden touts $1T infrastructure plan as eventual fix to supply chain backlog, inflation

President Joe Biden is touting his $1 trillion infrastructure plan at the Port of Baltimore as an eventual fix for the nation’s inflation and supply chain woes -- if Americans just have the patience to wait for the construction to begin.

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.

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.

House lawmakers vote yes on Biden's $1T infrastructure bill

The House has approved a $1 trillion package of road and other infrastructure projects after Democrats resolved a months-long standoff between progressives and moderates.