Biden administration ‘looking at every tool in arsenal’ to address gas price hike
Energy costs played a large role in the inflation surge, skyrocketing 4.8% from September to October, with the price of gas jumping up 6.1%.
Energy costs played a large role in the inflation surge, skyrocketing 4.8% from September to October, with the price of gas jumping up 6.1%.
Atlanta leads nation in inflation, hitting drivers hard in their wallets
Atlanta leads the nation when it comes to inflation. It is higher than any other major metropolitan area in the United States.
Atlanta leads the nation when it comes to inflation. It is higher than any other major metropolitan area in the United States.
Americans quit jobs at record pace in September for 2nd straight month
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation's workforce.
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation's workforce.
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.
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.
Congress announces nearly $150 million to help Texans with winter heating bills
Households can expect heating bills to jump as much as 54% this winter, according the the US. Energy Information Administration.
Households can expect heating bills to jump as much as 54% this winter, according the the US. Energy Information Administration.
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.
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.
Business startups had record year, Census Bureau to begin keeping official tally
The monthly data will focus on new business applications and business formations to help officials monitor economic activity across the country.
The monthly data will focus on new business applications and business formations to help officials monitor economic activity across the country.
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.
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Unemployment claims drop to 267,000, a new pandemic low
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
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.
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.
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.
Biden's $1.85T spending package: What's in, what's out as House nears vote
What's in? What's out? Here's a look at the $1.85 trillion spending bill making its way through Congress.
What's in? What's out? Here's a look at the $1.85 trillion spending bill making its way through Congress.
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.
The October 2021 U.S. jobs report showed employers stepped up their hiring, adding a solid 531,000 jobs — the most since July.
Rockdale boom: Bitcoin mining companies move to rural Texas town
Rockdale was once home to the largest aluminum plant in the world, run by Alcoa.
Rockdale was once home to the largest aluminum plant in the world, run by Alcoa.
Mayor-elect Eric Adams wants to be paid in Bitcoin
Eric Adams, the next mayor of New York, says he will accept some of his City Hall salary in Bitcoin.
Eric Adams, the next mayor of New York, says he will accept some of his City Hall salary in Bitcoin.
West Hollywood approves highest minimum wage in country at $17.64 an hour
West Hollywood city leaders voted to approve the highest minimum wage in the country late Wednesday night.
West Hollywood city leaders voted to approve the highest minimum wage in the country late Wednesday night.
US unemployment claims drop to 269,000, another pandemic low
U.S. unemployment claims fell to a fresh pandemic low last week to 269,000.
U.S. unemployment claims fell to a fresh pandemic low last week to 269,000.
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.
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.
US unemployment claims drop to pandemic low of 281,000
U.S. unemployment claims dropped by 10,000 to 281,000, the lowest since mid-March 2020.
U.S. unemployment claims dropped by 10,000 to 281,000, the lowest since mid-March 2020.
LA to give $1,000 no-strings-attached monthly payments to families in new guaranteed-income program
The BIG:LEAP -- Basic Income Guaranteed: Los Angeles Economic Assistance Pilot -- program will give $1,000 in direct cash payments to families each month for 12 months. The no-strings-attached payments will be given to families who were impacted by the pandemic and are living in poverty.
The BIG:LEAP -- Basic Income Guaranteed: Los Angeles Economic Assistance Pilot -- program will give $1,000 in direct cash payments to families each month for 12 months. The no-strings-attached payments will be given to families who were impacted by the pandemic and are living in poverty.