Fed to end ultra-low interest rates if hiring keeps improving, Powell says
Should hiring continue to improve, Chair Jerome Powell said the Federal Reserve will dial back its ultra-low interest rates policies later this year.
Should hiring continue to improve, Chair Jerome Powell said the Federal Reserve will dial back its ultra-low interest rates policies later this year.
US unemployment claims rise by 4,000 to 353,000
U.S. unemployment claims rose for the first time in five weeks even though the economy and job market have been recovering from the pandemic.
U.S. unemployment claims rose for the first time in five weeks even though the economy and job market have been recovering from the pandemic.
Biden infrastructure agenda advances as House passes $3.5 trillion budget
House Democratic leaders have compromised with moderates and muscled President Joe Biden’s multitrillion-dollar budget blueprint over a key hurdle.
House Democratic leaders have compromised with moderates and muscled President Joe Biden’s multitrillion-dollar budget blueprint over a key hurdle.
Biden asks Supreme Court to keep CDC eviction ban in place
President Joe Biden asked the U.S. Supreme Court Monday to keep an eviction moratorium in place after Georgia and Alabama realtors sought to challenge a lower court’s ruling.
President Joe Biden asked the U.S. Supreme Court Monday to keep an eviction moratorium in place after Georgia and Alabama realtors sought to challenge a lower court’s ruling.
'Min wage = mediocre person': Florida deli's hiring sign sparks backlash
The photo received over 75,000 reactions and thousands of retweets.
The photo received over 75,000 reactions and thousands of retweets.
US unemployment claims hit pandemic low as hiring strengthens
The U.S. Labor Department reported Thursday that unemployment claims fell last week for a fourth straight time to a pandemic low of 348,000.
The U.S. Labor Department reported Thursday that unemployment claims fell last week for a fourth straight time to a pandemic low of 348,000.
Biden extends 100% federal reimbursement of states’ COVID-19 costs
President Joe Biden has ordered FEMA to continue to cover 100% of states’ costs associated with the COVID-19 pandemic through the end of the year.
President Joe Biden has ordered FEMA to continue to cover 100% of states’ costs associated with the COVID-19 pandemic through the end of the year.
COTA to host second job fair this Saturday
The fair is scheduled from 9 a.m. to noon on Saturday, August 21 and is to help Austin employers staff their business, says COTA.
The fair is scheduled from 9 a.m. to noon on Saturday, August 21 and is to help Austin employers staff their business, says COTA.
Biden administration increases food stamp benefits by 30% in historic move
The Biden administration announced a historic expansion to the nation's food stamp program, a decision that will give more than 40 million Americans about 30% more money to spend on groceries.
The Biden administration announced a historic expansion to the nation's food stamp program, a decision that will give more than 40 million Americans about 30% more money to spend on groceries.
9 Dems threaten House's budget resolution if infrastructure bill isn't passed first
Moderate Democrats in the U.S. House are breaking with Speaker Pelosi, saying they would block a budget resolution unless a separate infrastructure bill is approved first.
Moderate Democrats in the U.S. House are breaking with Speaker Pelosi, saying they would block a budget resolution unless a separate infrastructure bill is approved first.
US jobless claims fall for 3rd straight week as economy strengthens
U.S. unemployment claims dropped to 375,000, near a pandemic low and another sign of strength for a rebounding economy and job market.
U.S. unemployment claims dropped to 375,000, near a pandemic low and another sign of strength for a rebounding economy and job market.
Infrastructure bill 2021: What's in the $1 trillion bipartisan plan
Here's a breakdown of what is in the infrastructure bill the Senate passed on Wednesday.
Here's a breakdown of what is in the infrastructure bill the Senate passed on Wednesday.
‘Investment in American families’: Biden outlines $3.5T infrastructure spending plan
President Biden announced his immediate plans to help bolster American families feeling “the pinch” after Senate Democrats approved a budget resolution that will pave the way for a $3.5 trillion spending package.
President Biden announced his immediate plans to help bolster American families feeling “the pinch” after Senate Democrats approved a budget resolution that will pave the way for a $3.5 trillion spending package.
U.S. Sens. John Cornyn, Ted Cruz vote against infrastructure bill that could give Texas more than $30 billion
The Senate approved a $1 trillion, bipartisan bill that also earmarks money for broadband internet access. It’s not yet known how much money set aside for the country’s aging electricity infrastructure could go to Texas’ main power grid.
The Senate approved a $1 trillion, bipartisan bill that also earmarks money for broadband internet access. It’s not yet known how much money set aside for the country’s aging electricity infrastructure could go to Texas’ main power grid.
Family Dollar employees at Nebraska store walk off job, cite low pay and long shifts
A Family Dollar store was forced to temporarily close when the entire staff, fed up over poor pay, management, and long hours, walked off the job
A Family Dollar store was forced to temporarily close when the entire staff, fed up over poor pay, management, and long hours, walked off the job
Bipartisan Senate passes $1T infrastructure package, sends bill to House
The U.S. Senate on Tuesday approved the $1 trillion bipartisan infrastructure plan 69-30, with a rare coalition of Democrats and Republicans voting yes.
The U.S. Senate on Tuesday approved the $1 trillion bipartisan infrastructure plan 69-30, with a rare coalition of Democrats and Republicans voting yes.
Senators on left, right push infrastructure bill closer to final passage
After weeks of fits, starts and delays, the Senate is on track to give final approval to the $1 trillion bipartisan infrastructure plan.
After weeks of fits, starts and delays, the Senate is on track to give final approval to the $1 trillion bipartisan infrastructure plan.
July jobs report: US adds 943K jobs, unemployment rate drops to 5.4%
Hiring surged in July as U.S. employers added 943,000 jobs. The unemployment rate dropped to 5.4% from 5.9% in June.
Hiring surged in July as U.S. employers added 943,000 jobs. The unemployment rate dropped to 5.4% from 5.9% in June.
US unemployment claims drop by 14,000 to 385,000
The number of Americans seeking unemployment benefits fell last week to 385,000. The applications have mostly fallen steadily since early January.
The number of Americans seeking unemployment benefits fell last week to 385,000. The applications have mostly fallen steadily since early January.
Sales tax holiday weekend kicks off Friday
Retailers across the Austin area are prepping for crowds as this weekend marks Texas's annual sales tax holiday weekend.
Retailers across the Austin area are prepping for crowds as this weekend marks Texas's annual sales tax holiday weekend.