Expiration of eviction moratorium thrusts US into housing crisis
Millions of Americans are at risk of losing their homes now that the federal eviction moratorium has expired.
Stocks plunge over delta variant fears; Biden seeks to reassure over economy
Fears of the spreading delta variant of the coronavirus prompted a slide in stocks on Monday. Airlines, hotels, cruise ships, and other tourism-based companies had some of the biggest stock losses.
COVID-19 pandemic recession ended in April 2020, shortest on record
The recession that broke out with the onset of the coronavirus pandemic lasted just two months, officially ended in April 2020. That makes it the shortest downturn on record, according to the committee of economists that determines when recessions begin and end.
Report: Florida residents need to earn $25 an hour to afford rent
According to a new report, renters in the state of Florida need to make at least $24.82 an hour in order to comfortably afford a two-bedroom home or apartment -- and in some parts of the state, they need to earn a lot more.
Summer travel, economic recovery driving up gas prices
Drivers are facing pricier fill-ups as more people hit the road for work, travel and other activities that the virus pandemic halted. Higher demand for gasoline is running up against lagging supply as the energy industry slowly ramps up after more than a year of production and staff cuts.
American unemployment claims fall to 360,000, another pandemic low
The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.
Consumer prices saw largest inflation spike in June since 2008
Consumer prices in June rose 0.9% from May and 5.4% over the past year — the sharpest 12-month inflation spike since June 2008.
Papa John's to lay out $2.5M in hiring, referral, appreciation bonuses
Employees who already work at Papa John's are eligible for up to $400 in appreciation bonuses.
US unemployment claims tick up to 373,000 from a pandemic low
U.S. unemployment claims rose slightly last week by 2,000 to a total of 373,000, even as the economy and the job market appear to be rebounding.
June jobs report: US adds 850,000 jobs as economy extends its gains
U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.
US unemployment claims fall to 364,000, a new pandemic low
U.S. unemployment claims dropped by 51,000 last week to 364,000, the lowest level since the pandemic began in 2020.
US unemployment claims tick down to 411,000 as economy heals
The number of Americans applying for unemployment benefits declined 7,000 from the previous week to 411,000, the Labor Department said.
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.
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.
Florida employers hope incentives will help fill jobs
Looking for a job? Getting one may not be as hard as you might suspect these days. There are a lot more jobs out there right now than people willing to take them.
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.
May jobs report: US adds modest 559,000 jobs amid hiring struggles
U.S. employers in May added 559,000 jobs, which was better than April but still a sign that many companies are struggling to find enough workers.
US unemployment claims fall to 406,000, a new pandemic low
The number of Americans filing for unemployment benefits dropped last week to 406,000, a new pandemic low and evidence that the job market is strengthening.
Sales of new US homes fell 5.9% in April in wake of soaring house prices in March
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.