Inflation surges in December to highest rate since 1982
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
Private insurers to cover home COVID-19 tests starting Saturday
Under the new policy, Americans will be able to either purchase home testing kits for free under their insurance or submit receipts for the tests for reimbursement, up to the monthly per-person limit.
Under the new policy, Americans will be able to either purchase home testing kits for free under their insurance or submit receipts for the tests for reimbursement, up to the monthly per-person limit.
Arizona CEO's answer to 'Great Resignation' is offering $5K bonuses for new hires to quit
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.
Chris Ronzio, CEO of software company Trainual, is offering a $5,000 bonus for new hires to quit after just two weeks into their new jobs.
December 2021 jobs report: US employers add 199K jobs, unemployment falls to 3.9%
The December 2021 jobs report showed U.S. employers added a modest 199,000 jobs, while the unemployment rate fell sharply.
The December 2021 jobs report showed U.S. employers added a modest 199,000 jobs, while the unemployment rate fell sharply.
Child tax credit 2021 payments: How to know if you owe, IRS letter to watch for
Families who received monthly payments as part of the expanded Child Tax Credit program in 2021 should look out for this letter from the IRS ahead of tax season.
Families who received monthly payments as part of the expanded Child Tax Credit program in 2021 should look out for this letter from the IRS ahead of tax season.
These 25 states will see a minimum wage boost in 2022
Several U.S. states will receive minimum wage increases in 2022. Here's a list and when each boost will occur.
Several U.S. states will receive minimum wage increases in 2022. Here's a list and when each boost will occur.
US home prices surged nearly 19% in October as market continues to boom
U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.
U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.
Biden signs bill blocking Chinese goods made by forced labor
The Uyghur Forced Labor Prevention Act is the latest in a series of intensifying U.S. penalties against China for alleged abuses.
The Uyghur Forced Labor Prevention Act is the latest in a series of intensifying U.S. penalties against China for alleged abuses.
Student loan payment pause extended through May 1
President Joe Biden said financial recovery from the pandemic will take longer than job recovery, especially for those with student loans.
President Joe Biden said financial recovery from the pandemic will take longer than job recovery, especially for those with student loans.
Sen. Joe Manchin on Biden's $2T bill: 'I can't vote for it'
Democratic Sen. Joe Manchin says he can’t back a $2 trillion social safety net bill, dealing a potentially fatal blow to President Joe Biden’s signature legislation.
Democratic Sen. Joe Manchin says he can’t back a $2 trillion social safety net bill, dealing a potentially fatal blow to President Joe Biden’s signature legislation.
Biden, Manchin at odds over $2T social spending bill, AP source says
According to a person familiar with the talks, President Joe Biden and Sen. Joe Manchin are said to be sharply divided over Democrats’ huge social and environmental bill.
According to a person familiar with the talks, President Joe Biden and Sen. Joe Manchin are said to be sharply divided over Democrats’ huge social and environmental bill.
Debt ceiling: Biden signs fast-track plan to prevent default
The Senate approved a bill that will clear the way for Congress to raise the debt ceiling with a simple-majority vote before the projected Dec. 15 deadline.
The Senate approved a bill that will clear the way for Congress to raise the debt ceiling with a simple-majority vote before the projected Dec. 15 deadline.
US consumer inflation rate up 6.8% in past year, highest since 1982
Prices for U.S. consumers jumped 6.8% in November compared with a year earlier, the highest annual inflation rate in 39 years.
Prices for U.S. consumers jumped 6.8% in November compared with a year earlier, the highest annual inflation rate in 39 years.
US jobless claims hit lowest level in 52 years amid seasonal volatility
U.S. unemployment claims dropped to 184,000 last week, the lowest since September 1969 — offering more evidence that the job market is recovering.
U.S. unemployment claims dropped to 184,000 last week, the lowest since September 1969 — offering more evidence that the job market is recovering.
US employers posted near-record 11 million open jobs in October
U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
Debt ceiling: House passes bill paving way for increase ahead of deadline
The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.
The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.
Treasury targets all-cash real estate deals in anti-corruption effort
The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.
The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.
November jobs report: US employers added a sluggish 210,000 jobs
U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.
U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.
Senate passes stopgap funding bill, avoiding shutdown
The Senate passed a stopgap spending bill Thursday that avoids a short-term shutdown and funds the federal government through Feb. 18 after leaders defused a partisan standoff over federal vaccine mandates. The measure now goes to President Joe Biden to be signed into law.
The Senate passed a stopgap spending bill Thursday that avoids a short-term shutdown and funds the federal government through Feb. 18 after leaders defused a partisan standoff over federal vaccine mandates. The measure now goes to President Joe Biden to be signed into law.
Emergency SNAP benefits extended for December 2021 in Texas
More than 1.5 million SNAP households will see the additional amount on their Lone Star Card by December 31.
More than 1.5 million SNAP households will see the additional amount on their Lone Star Card by December 31.