Economy

The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”

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.

A debt ceiling deal that would temporarily raise the limit through December has been reached with Republicans, Senate Majority Leader Chuck Schumer said.

U.S. unemployment claims were down by 38,000 to 326,000 last week, the first drop in four weeks.

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.

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.

President Joe Biden is giving remarks on the debt ceiling, as the U.S. quickly approaches its limit on federal borrowing.

HomeGoods.com offers free standard shipping on orders of $119 or more and free mailed or in-store returns on most purchases.

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.

USPS will also institute price increases on some packages during the holiday season.

JPMorgan Chase & Co said it’s planning for a ‘potentially catastrophic’ event if the U.S. reaches a debt ceiling and congressional Democrats fail to raise the government's borrowing limit.

U.S. unemployment claims rose last week for a second straight week to 351,000.

President Biden says America's economy is at an inflection point during a speech Thursday afternoon.

U.S. consumer prices rose a lower-than-expected 0.3% last month, a hopeful sign that a recent jump in inflation may be cooling.

Amazon wants to hire 125,000 delivery and warehouse workers and said Tuesday that it is paying new hires an average of $18 an hour in a tight job market as more people shop online.

The share of Americans in poverty rose slightly to 11.4% in 2020, but COVID-19 relief payments eased losses for many, census data showed.

The U.S. Postal Service is hiring more than 40,000 seasonal workers in preparation for the 2021 holiday season.

UPS is planning to hire 100,000 seasonal workers ahead of an anticipated crush of holiday orders to begin as early as October.

It's estimated that roughly 8.9 million Americans will lose all or some of these benefits.