Biden signs bill raising nation's debt limit until early December
President Joe Biden has signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.
President Joe Biden has signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.
Local businesses hope Biden opening ports 24/7 will ease supply shortages
Major retailers and shipping companies are stepping up operations in hopes of overcoming nationwide supply chain issues affecting businesses and industries. The effects are being felt from major retailers all the way down to local North Texas businesses.
Major retailers and shipping companies are stepping up operations in hopes of overcoming nationwide supply chain issues affecting businesses and industries. The effects are being felt from major retailers all the way down to local North Texas businesses.
Port of Los Angeles going 24/7 to ease shipping backlog, White House says
The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.
The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.
North Texas businesses affected by supply, labor shortages
In a pre-pandemic world, Dallas-based chef Meika Johnson was thriving preparing meals for private businesses. But in recent months, she's struggled to find both food and equipment. Now, she's forced to shut down her business, saying she’s spent more searching for products and less time actually making a profit.
In a pre-pandemic world, Dallas-based chef Meika Johnson was thriving preparing meals for private businesses. But in recent months, she's struggled to find both food and equipment. Now, she's forced to shut down her business, saying she’s spent more searching for products and less time actually making a profit.
Social security annual cost-of-living set to increase in 2022
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.
Debt ceiling: House passes short-term increase, sends to Biden
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
Companies hard-pressed for holiday staff despite millions of job openings
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
Americans quit jobs at highest rate on record in August, Labor Department says
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
Amazon to allow employees to work mostly from home indefinitely
Amazon is trying to get their employees back to the workplace by 2022, but with so many offices around the globe, they are leaving that decision to individual teams and their managers.
Amazon is trying to get their employees back to the workplace by 2022, but with so many offices around the globe, they are leaving that decision to individual teams and their managers.
Nobel prize for economics awarded to 3 in US for societal research
The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”
The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”
Texas restaurants short 125,000 workers as slow pace of hiring continues
It's been seven months since Texas lifted restaurant capacity restrictions, but some eateries can't open up to 100 percent due to ongoing staffing shortages.
It's been seven months since Texas lifted restaurant capacity restrictions, but some eateries can't open up to 100 percent due to ongoing staffing shortages.
September jobs report: US adds weak 194K jobs as delta maintains hold
U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.
U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.
Debt ceiling: Deal reached with GOP on short-term fix, Schumer says
A debt ceiling deal that would temporarily raise the limit through December has been reached with Republicans, Senate Majority Leader Chuck Schumer said.
A debt ceiling deal that would temporarily raise the limit through December has been reached with Republicans, Senate Majority Leader Chuck Schumer said.
US unemployment claims fall to 326,000, first drop in four weeks
U.S. unemployment claims were down by 38,000 to 326,000 last week, the first drop in four weeks.
U.S. unemployment claims were down by 38,000 to 326,000 last week, the first drop in four weeks.
Target paying employees who work peak holiday shifts extra $2 per hour
Target said on Tuesday employees who pick up shifts during peak holiday hours will be eligible to make an extra $2 per hour.
Target said on Tuesday employees who pick up shifts during peak holiday hours will be eligible to make an extra $2 per hour.
Kroger seeks to fill 20,000 positions ahead of holiday season
Kroger is looking to fill 20,000 positions across the nation in an effort to prepare for the holiday season even as widespread labor shortages continue.
Kroger is looking to fill 20,000 positions across the nation in an effort to prepare for the holiday season even as widespread labor shortages continue.
Bacon prices hit record high amid supply chain disruptions, increased demand
The cost of bacon was $4.77 in 2011 and has risen nearly 50% this year, according to U.S. Bureau of Labor and Statistics data.
The cost of bacon was $4.77 in 2011 and has risen nearly 50% this year, according to U.S. Bureau of Labor and Statistics data.
Biden calls GOP’s refusal to raise debt ceiling ‘hypocritical’
President Joe Biden is giving remarks on the debt ceiling, as the U.S. quickly approaches its limit on federal borrowing.
President Joe Biden is giving remarks on the debt ceiling, as the U.S. quickly approaches its limit on federal borrowing.
US home prices saw record leap in July from previous year
U.S. home prices soared in July from a year earlier by a record amount as buyers desperate for homes bid up prices amid a limited supply of available properties.
U.S. home prices soared in July from a year earlier by a record amount as buyers desperate for homes bid up prices amid a limited supply of available properties.
Dollar Tree to sell more items above $1 amid rising shipping costs
The company had already begun testing higher prices at several hundred of its nearly 8,000 locations in the Dollar Tree Plus section and received positive feedback from customers.
The company had already begun testing higher prices at several hundred of its nearly 8,000 locations in the Dollar Tree Plus section and received positive feedback from customers.