Seniors could see largest Social Security cost-of-living adjustment in decades
The Senior Citizens League projects a benefit bump of 6.1% in 2022.
The Senior Citizens League projects a benefit bump of 6.1% in 2022.
Biden pushes ahead on infrastructure plan after GOP blocks vote
The trip came as the fate of his infrastructure proposal remains unclear after Senate Republicans rejected a $1 trillion blueprint in a key test vote Wednesday.
The trip came as the fate of his infrastructure proposal remains unclear after Senate Republicans rejected a $1 trillion blueprint in a key test vote Wednesday.
Italian ices, Taco Bell items among the many pandemic shortages
From Italian ice flavors to Taco Bell items, there are national ingredient shortages.
From Italian ice flavors to Taco Bell items, there are national ingredient shortages.
Stocks plunge over delta variant fears; Biden seeks to reassure over economy
Fears of the spreading delta variant of the coronavirus prompted a slide in stocks on Monday. Airlines, hotels, cruise ships, and other tourism-based companies had some of the biggest stock losses.
Fears of the spreading delta variant of the coronavirus prompted a slide in stocks on Monday. Airlines, hotels, cruise ships, and other tourism-based companies had some of the biggest stock losses.
COVID-19 pandemic recession ended in April 2020, shortest on record
The recession that broke out with the onset of the coronavirus pandemic lasted just two months, officially ended in April 2020. That makes it the shortest downturn on record, according to the committee of economists that determines when recessions begin and end.
The recession that broke out with the onset of the coronavirus pandemic lasted just two months, officially ended in April 2020. That makes it the shortest downturn on record, according to the committee of economists that determines when recessions begin and end.
Economic recovery from pandemic will have ups and downs, Biden says
Amid rising consumer costs as the US rebounds from the COVID-19 pandemic, President Biden assured Americans Monday that the inflation is short-term.
Amid rising consumer costs as the US rebounds from the COVID-19 pandemic, President Biden assured Americans Monday that the inflation is short-term.
Report: Full-time minimum wage workers can only afford rent in 7% of US counties
A recent report from the National Low Income Housing Coalition found that full-time minimum-wage workers can’t afford rent in most areas of the U.S.
A recent report from the National Low Income Housing Coalition found that full-time minimum-wage workers can’t afford rent in most areas of the U.S.
Report: Florida residents need to earn $25 an hour to afford rent
According to a new report, renters in the state of Florida need to make at least $24.82 an hour in order to comfortably afford a two-bedroom home or apartment -- and in some parts of the state, they need to earn a lot more.
According to a new report, renters in the state of Florida need to make at least $24.82 an hour in order to comfortably afford a two-bedroom home or apartment -- and in some parts of the state, they need to earn a lot more.
California becomes the first state to implement a guaranteed income program
California lawmakers approved the first state-funded guaranteed income plan in the nation Thursday, aimed at providing monthly cash payments to low-income young adults who've recently left foster care and pregnant people out of poverty.
California lawmakers approved the first state-funded guaranteed income plan in the nation Thursday, aimed at providing monthly cash payments to low-income young adults who've recently left foster care and pregnant people out of poverty.
Summer travel, economic recovery driving up gas prices
Drivers are facing pricier fill-ups as more people hit the road for work, travel and other activities that the virus pandemic halted. Higher demand for gasoline is running up against lagging supply as the energy industry slowly ramps up after more than a year of production and staff cuts.
Drivers are facing pricier fill-ups as more people hit the road for work, travel and other activities that the virus pandemic halted. Higher demand for gasoline is running up against lagging supply as the energy industry slowly ramps up after more than a year of production and staff cuts.
American unemployment claims fall to 360,000, another pandemic low
The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.
The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.
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.
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.
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.
Biden signs executive order targeting anti-competitive practices in big business
President Joe Biden signed a sweeping executive order that seeks to target anti-competitive practices in tech, health care and other industries.
President Joe Biden signed a sweeping executive order that seeks to target anti-competitive practices in tech, health care and other industries.
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.
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.
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.
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.
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.
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.
U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.