Probe into Suez Canal blockage begins in what could cost billions in lost trade

Egyptian officials are looking for more details about what caused the massive Ever Given ship to become wedged across the Suez Canal. The grounding of the ship halted billions of dollars a day in maritime commerce.

Student loan forgiveness: Department of Education cancels debt for more than 40,000 with disabilities

The U.S. Education Department is temporarily relaxing the rules of a student loan forgiveness program that's meant to help people with disabilities but that critics say carries overly burdensome rules.

Average US price of gas jumps a nickel per gallon to $2.94

The average U.S. price of regular-grade gasoline jumped a nickel per gallon over the past two weeks to $2.94.

H-E-B opening first Dallas-Fort Worth stores in Plano and Frisco

The Dallas-Fort Worth area is finally getting H-E-B grocery stores. The company announced it will open two stores in Plano and Frisco next year.

How the Suez Canal cargo ship jam impacts billions in global trade

The cargo ship blocking the Suez Canal is holding up traffic that carries nearly $10 billion worth of goods every day, so a quick clearing of the logjam is key to limiting the economic fallout.

San Francisco to pay artists $1,000 per month in economic relief

San Francisco Mayor London Breed announced a new pilot program that will benefit the city's artists with monthly cash payments.

White House officially withdraws Neera Tanden nomination for budget chief from Senate

The White House on Thursday officially withdrew the nomination of Neera Tanden to serve as director of the Office of Management and Budget from the U.S. Senate.

Unemployment claims fall to 684,000, fewest since start of pandemic

The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign the economy is improving.

Oakland launches one of nation's largest guaranteed income pilots; 600 families to get $500 a month

Calling it a historic moment, Oakland Mayor Libby Schaaf said that 600 families will receive $500 a month for 18 months with no strings attached. The families will be randomly selected and the money will come from private funds. She said she hoped the checks would be in the families' hands by spring and summer. 

US unemployment claims rise to 770,000 with layoffs still high

The four-week average of claims, which smooths out weekly variations, dropped to 746,000, the lowest since late November.

Lowe's set to fill more than 500 jobs in Central Texas area

Lowe’s says it is hiring seasonal and year-round retail associates, building on the more than 90,000 associates hired over the past year.

IRS agrees to protect some stimulus checks from debt reductions

The IRS has agreed to not seize some Americans' stimulus check to offset outstanding federal tax debts, according to an agency watchdog.