Treasury targets all-cash real estate deals in anti-corruption effort
The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.
The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.
November jobs report: US employers added a sluggish 210,000 jobs
U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.
U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.
US unemployment claims rise by 28,000, but still low at 222,000
U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.
U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.
Powell says Federal Reserve may accelerate pullback in economic support
Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.
Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.
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.
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.
'The market is in a crazy spot right now,' auto dealers say
Inflation is hitting the new and used car market hard. The average transaction price for a new vehicle in October rose 12.9% year over year, according to Kelley Blue Book.
Inflation is hitting the new and used car market hard. The average transaction price for a new vehicle in October rose 12.9% year over year, according to Kelley Blue Book.
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.
Target, Walmart say holiday inventory is up despite supply chain disruptions
Target and Walmart say they are kicking off the holiday season with stocked shelves despite the industry's battle with supply chains and shipping backlogs.
Target and Walmart say they are kicking off the holiday season with stocked shelves despite the industry's battle with supply chains and shipping backlogs.
Toy shortage, higher prices could complicate holiday shopping trips
Experts are predicting a toy shortage this holiday season and encouraging parents to start their Christmas shopping early, while retailers struggle to keep up with the demand.
Experts are predicting a toy shortage this holiday season and encouraging parents to start their Christmas shopping early, while retailers struggle to keep up with the demand.
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%.
From bakery clerks to warehouse workers, Publix is hiring
Companies around the U.S. say they are struggling to deal with a shortage of workers, including one of the largest employers in the state. Lakeland-based Publix is looking to fill a wide variety of jobs.
Companies around the U.S. say they are struggling to deal with a shortage of workers, including one of the largest employers in the state. Lakeland-based Publix is looking to fill a wide variety of jobs.
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.
Missouri school district hiring its own students to ease labor shortage crunch
One Missouri school district has found a unique way to deal with the nationwide labor shortage: hire their own students for some open positions, from cooks to custodians and after-school childcare.
One Missouri school district has found a unique way to deal with the nationwide labor shortage: hire their own students for some open positions, from cooks to custodians and after-school childcare.
US hospitals ask for donations of gently used crutches, canes, walkers amid shortage
An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.
An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.
Soaring prices present heavy burden for consumers as holidays near
A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season.
A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season.
Hurricane Ida recovery delayed by shortage of skilled workers
The U.S. Bureau of Labor Statistics finds the number of trade laborers has dropped since 2018
The U.S. Bureau of Labor Statistics finds the number of trade laborers has dropped since 2018
Business startups had record year, Census Bureau to begin keeping official tally
The monthly data will focus on new business applications and business formations to help officials monitor economic activity across the country.
The monthly data will focus on new business applications and business formations to help officials monitor economic activity across the country.