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.

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.

Johnson & Johnson plans to split into 2 public companies

Johnson & Johnson is breaking into two companies, separating the division that sells Band-Aids and Listerine from its prescription drug business.

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.

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.

Robinhood: Personal info of millions of customers stolen in ‘data security incident’

Robinhood said some personal information for some of its customers, including email addresses and full names, was accessed and obtained by an unauthorized third party last week.

Elon Musk Twitter poll: 58% vote 'yes' on billionaire's proposal to sell 10% of Tesla stock

Tesla shares were down 3% in midday trading Monday after CEO Elon Musk said he would sell 10% of his holdings in the electric car maker — more than $20 billion worth by most calculations — based on the results of a poll he conducted on Twitter over the weekend.

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.

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.

70% of Americans go over budget during the holidays, survey finds: How to cut costs

A recent survey found that most Americans admit to overspending during the holidays, but gift-giving doesn't have to be a burden on your wallet. Consider these tips to create a budget and earn rewards on your holiday spending.

US salaries grew more last quarter than they have in 2 decades

The Labor Department said Friday that pay increased 1.5% in the third quarter. That’s up sharply from 0.9% in the previous quarter.

LA to give $1,000 no-strings-attached monthly payments to families in new guaranteed-income program

The BIG:LEAP -- Basic Income Guaranteed: Los Angeles Economic Assistance Pilot -- program will give $1,000 in direct cash payments to families each month for 12 months. The no-strings-attached payments will be given to families who were impacted by the pandemic and are living in poverty.