Stores closed on Thanksgiving Day: Kohl’s, Walmart, Target and more

A growing list of retailers including Best Buy, Target and Walmart announced they will be shuttering their stores on Thanksgiving Day 2021.

US unemployment claims tick up to 412,000 from pandemic low

The Labor Department said jobless claims in the U.S. rose 37,000 from the week before to 412,000, an increase for the first time since April.

More than 4 million Americans face eviction amid worsening housing crisis

Two studies have found that the nation’s housing availability and affordability crisis is expected to worsen significantly following the pandemic.

Federal Reserve expects to raise interest rates by late 2023

The Fed's policymakers forecast that they would raise their benchmark short-term rate, which influences many consumer and business loans, twice by late 2023.

Millions fear eviction as housing crisis worsens

More than 4 million people say they fear being evicted or foreclosed upon in the coming months just as two studies released Wednesday found that the nation's housing availability and affordability crisis is expected to worsen significantly following the pandemic.

2020 teen summer employment was lowest since Great Recession

The number of teens who were able to get jobs during the summer of 2020 saw its lowest level since the Great Recession in 2008.

US weekly unemployment claims fall to 376,000, sixth straight drop

The number of Americans claiming unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly from pandemic woes.

9 City of Austin pools will be open to the public this summer

Nine out of 34 city of Austin pools will be opened to the public this summer due to a staffing shortage and winter storm damages.

Kroger hosting hiring event Thursday, seeking 10K new workers

Kroger, which is already the largest grocery retailer in the United States, is hoping to hire 10,000 more workers with its hybrid hiring event taking place Thursday, June 10.

Chipotle raising prices to offset its $15 minimum wage hike

Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.

Biden to launch task force to address bottlenecks in supply chains

The Biden administration is forming a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.

G-7 leaders agree to make tech giants pay fair taxes

The world’s richest countries have signed a landmark agreement committing them to confronting corporate tax avoidance and making sure giant tech companies pay their fair share.

US economy shows growth despite lacking enough workers, supplies

Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.