Unemployment benefits claims hit 52-year low after seasonal adjustments
Seasonal adjustments around the Thanksgiving holiday contributed significantly to the bigger-than-expected drop. Unadjusted, claims actually ticked up by more than 18,000 to nearly 259,000.
Seasonal adjustments around the Thanksgiving holiday contributed significantly to the bigger-than-expected drop. Unadjusted, claims actually ticked up by more than 18,000 to nearly 259,000.
President Biden aims to do what presidents often can't: Beat inflation
Over the years, American presidents have tried, and mostly floundered, in their efforts to quell the economic and political menace of consumer inflation. Now, President Joe Biden is giving it a shot.
Over the years, American presidents have tried, and mostly floundered, in their efforts to quell the economic and political menace of consumer inflation. Now, President Joe Biden is giving it a shot.
Samsung to build $17B chip manufacturing plant in Taylor
The Taylor factory is set to be 1200 acres larger than the one in Austin. Construction will begin in early 2022 with a target of production start in the second half of 2024.
The Taylor factory is set to be 1200 acres larger than the one in Austin. Construction will begin in early 2022 with a target of production start in the second half of 2024.
North Texans prepare for pain at the pump for Thanksgiving travel
North Texans are definitely feeling the pain at the pump. And while it is not enough to stand in the way of Thanksgiving with family, people say they will have to start making other cuts. And don't expect prices to come down anytime soon as a result of President Biden's move to tap into the strategic oil reserves.
North Texans are definitely feeling the pain at the pump. And while it is not enough to stand in the way of Thanksgiving with family, people say they will have to start making other cuts. And don't expect prices to come down anytime soon as a result of President Biden's move to tap into the strategic oil reserves.
Dollar Tree doubles down on pricing items over $1
Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.
Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.
Jerome Powell nominated for 2nd term as Fed chair amid surging inflation
Biden's decision, reached after extensive consideration, strikes a note of continuity and bipartisanship at a time when surging inflation is burdening households and raising risks to the economy's recovery.
Biden's decision, reached after extensive consideration, strikes a note of continuity and bipartisanship at a time when surging inflation is burdening households and raising risks to the economy's recovery.
US unemployment claims drop seventh straight week to 268,000
U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.
U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.
Biden signs $1T infrastructure bill into law as Congress debates climate, social bill
The bill includes providing $110 billion to repair the nation’s aging highways, bridges and roads.
The bill includes providing $110 billion to repair the nation’s aging highways, bridges and roads.
US inflation: Economists explain why consumer prices are rising
For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn’t stay long.
For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn’t stay long.
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%.
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.
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.
Women big rig drivers celebrated during expo in Dallas
It comes at a time where drivers are in desperate need to help alleviate strains on the supply chain. Attendees say trucking is not the male-dominated industry people think it is, and jobs are not limited to just truck driving.
It comes at a time where drivers are in desperate need to help alleviate strains on the supply chain. Attendees say trucking is not the male-dominated industry people think it is, and jobs are not limited to just truck driving.
531,000 jobs added in U.S. October jobs report
The new U.S. jobs report was much better than expected, as employers added 531,000 jobs last month.
The new U.S. jobs report was much better than expected, as employers added 531,000 jobs last month.
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.
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.
Thanksgiving dinner may be more expensive as holiday staples in short supply
While most will likely be able to get their hands on a turkey for Thanksgiving this year, shoppers could be shelling out more cash for it as well as other holiday staples — largely due to supply chain bottlenecks.
While most will likely be able to get their hands on a turkey for Thanksgiving this year, shoppers could be shelling out more cash for it as well as other holiday staples — largely due to supply chain bottlenecks.
Program trains North Texas women for job skills in male-dominated careers
The non-profit Aspire is partnering with On Target Logistics, which started the ready to work program to help people retool their lives in a new profession -- and the focus is on women.
The non-profit Aspire is partnering with On Target Logistics, which started the ready to work program to help people retool their lives in a new profession -- and the focus is on women.
US unemployment claims fall to 290,000, a new pandemic low
Unemployment claims in the U.S. reached another pandemic low last week, declining to 290,000.
Unemployment claims in the U.S. reached another pandemic low last week, declining to 290,000.
Procter & Gamble combats inflation with price hikes in most categories
Procter & Gamble, like many other companies, has hiked prices on consumers in order to offset rising costs that have occurred due to supply-chain issues and a shortage of materials and labor coming out of the pandemic.
Procter & Gamble, like many other companies, has hiked prices on consumers in order to offset rising costs that have occurred due to supply-chain issues and a shortage of materials and labor coming out of the pandemic.