WASHINGTON — After much delay, senators unveiled a nearly $1 trillion bipartisan infrastructure package, wrapping up days of painstaking work on the inches-thick bill and launching what is certain to be a lengthy debate over President Joe Biden’s big priority. […]
WASHINGTON — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession. The total size of the […]
WASHINGTON — The spread of the COVID-19 delta variant is raising infections, leading some companies and governments to require vaccinations and raising concerns about the U.S. economic recovery. But on Wednesday, Federal Reserve Chair Jerome Powell injected a note of […]
MACUNGIE, Pa. — President Joe Biden on Wednesday checked out half-built big rigs and chatted up workers at a Mack Truck plant in Pennsylvania as his administration pushes new “buy American” efforts and advocates for government investments and clean energy as ways to […]
MACUNGIE, Pa. — President Joe Biden hoped to connect with blue-collar workers Wednesday at a truck factory in Pennsylvania during a visit to push new “buy American” efforts and advocate for government investments and clean energy as ways to strengthen U.S. manufacturing. Biden […]
WASHINGTON — The number of Americans seeking unemployment benefits rose last week from the lowest point of the pandemic, even as the job market appears to be rebounding on the strength of a reopened economy. The Labor Department said Thursday […]
WASHINGTON — In an encouraging burst of hiring, America’s employers added 850,000 jobs in June, well above the average of the previous three months and a sign that companies may be having an easier time finding enough workers to fill […]
LA CROSSE, Wisc. — President Joe Biden is looking to sell voters on the economic benefits of the proposed 973 billion infrastructure package while in Wisconsin on Tuesday, hoping to boost support for the bipartisan agreement that is held together […]
WASHINGTON — The U.S. economy grew at a solid 6.4% rate in the first three months of the year, setting the stage for what economists believe may be the strongest year for the economy in about seven decades. Growth in […]
WASHINGTON — American consumers absorbed another surge in prices in May — a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008. The May rise in consumer prices that the Labor Department […]
WASHINGTON — U.S. employers added a modest 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession. Last month’s […]
WASHINGTON — The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens. The Labor […]
WASHINGTON — Far more Americans are receiving unemployment benefits than the last time the jobless rate was at the current 6.1%, thanks to a major expansion of the federal safety net that has provided aid to millions of people out […]
Businesses could be spared billions of dollars of higher taxes in coming years — potentially freeing up money to spend on employees or invest in their operations — as a result of federal coronavirus aid flowing to the states. Governors […]
WASHINGTON — The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease. Thursday’s […]
There’s a wild card in the push to return to post-pandemic life: Many workers don’t want to go back to the jobs they once had. Layoffs and lockdowns, combined with enhanced unemployment benefits and stimulus checks, gave many Americans the […]
WASHINGTON — The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen. The decline — […]
WASHINGTON — Wholesale prices, driven by escalating costs for services and food, jumped 0.6% in April, surprising economists and providing more evidence that inflation pressures are starting to mount with the country emerging from a recession brought on by the […]
Stocks were falling broadly on Tuesday, led by banks, a wide range of retailers and big technology stocks as inflation remains a growing concern among investors. Any significant acceleration of inflation would be a drag on the overall market and […]
The Treasury Department on Monday launched its $350 billion program to distribute aid to state and local governments, giving the U.S. economy an added boost after relatively modest hiring in April. The aid is part of President Joe Biden’s larger […]
___ US job growth slows sharply in sign of hiring struggles WASHINGTON (AP) — The recovery of America’s job market hit a pause last month as many businesses — from restaurants and hotels to factories and construction companies — struggled […]
WASHINGTON — America’s employers added just 266,000 jobs last month, sharply lower than in March and a sign that some businesses are struggling to find enough workers as the economic recovery strengthens. With viral cases declining and states and localities […]
WASHINGTON — The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step […]
RICHMOND, Va. — After a Black man with intellectual disabilities was enslaved, beaten and forced to work more than 100 hours a week without pay in a South Carolina restaurant, his manager was sentenced to prison and ordered to pay […]
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