Child tax credit: First payments go out July 15

The IRS said that the first payments from the expanded child tax credit signed into law with President Joe Biden’s $1.9 trillion coronavirus relief package will begin hitting families’ bank accounts on July 15.

Consumer prices saw largest inflation spike in June since 2008

Consumer prices in June rose 0.9% from May and 5.4% over the past year — the sharpest 12-month inflation spike since June 2008.

Consumers can get paid for their internet data

Tech companies such as Google and Facebook sell your data, the information you reveal about yourself when you're clicking or shopping online. Now some companies are turning the tables, letting consumers sell their own data.

US unemployment claims tick up to 373,000 from a pandemic low

U.S. unemployment claims rose slightly last week by 2,000 to a total of 373,000, even as the economy and the job market appear to be rebounding.

Patio furniture shortage tells US economic tale

It’s almost the mirror opposite of the recovery from the Great Recession of 2007-2009, which was marred by slow growth but also the near-instant delivery of almost every imaginable product.

Lawsuit accuses Amazon of price gouging during COVID-19 pandemic

A class-action lawsuit accuses Amazon of hiking up prices for food, cleaning products, personal hygiene products and emergency or medical products during the pandemic.

California gasoline tax increases to over 50 cents

The average cost of a gallon of gas in the state is $4.28, compared to $3.10 across the US.

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.

The next COVID casualty: Your cup of coffee?

The pandemic has reduced mitigation of a fungus destroying coffee crops across Latin and Central America, along with limiting the movement of migrant workers who harvest coffee.

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.

Biden in Wisconsin: Infrastructure deal on the docket in La Crosse

President Joe Biden will look to sell voters on the economic benefits of the $973 billion infrastructure package while in Wisconsin on Tuesday.

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.

United orders dozens of new planes in plan for post-pandemic growth

United Airlines placed one of the largest orders ever for commercial planes so it can replace aging ones and prepare for growth as the pandemic subsides.

Puerto Rico to receive nearly $4B in US pandemic relief funds

Strict conditions had prevented the U.S. territory from receiving certain federal funds in a timely manner under the Trump administration, but these have been easing under President Biden.

Supreme Court sides with Alaska Natives in COVID-19 relief money case

SCOTUS ruled that millions of dollars in COVID relief money tied up in court should benefit Alaska Natives rather than being spread more broadly.

Nationwide eviction moratorium extended by CDC for 30 days

Dr. Rochelle Walensky, director of the Centers for Disease Control and Prevention, extended the evictions moratorium until July 31. It had been scheduled to end June 30.

US unemployment claims tick down to 411,000 as economy heals

The number of Americans applying for unemployment benefits declined 7,000 from the previous week to 411,000, the Labor Department said.