First round of $500 monthly payments distributed to Chicago residents
Chicago's monthly cash assistance program got underway Monday with the first $500 monthly payments going out to low-income households who faced financial hardship during the pandemic.
US inflation hits highest level in 40 years
The latest inflation numbers are out and they confirm what Americans are feeling: things are more expensive. Inflation hit 8.6 percent -- the highest level in 40 years.
Elon Musk tells Tesla employees to return to office full-time or ‘depart’ company
Tesla CEO Elon Musk said employees who don't want to return to the office full-time should "pretend to work somewhere else."
Key inflation measure slowed in April for the first time since 2020
High inflation is still causing hardships, but any slowing of price increases, if it can be sustained, will provide some modest relief.
Application deadline for $500 monthly Chicago cash assistance program is Friday
Friday is the final day Chicago residents can apply for the city's $500 monthly cash assistance program.
US inflation hit 8.3% in April but slows from 40-year high
Consumer prices jumped 8.3% last month from 12 months earlier, the Labor Department said Wednesday.
April 2022 jobs report: US added 428,000 jobs despite surging inflation
America’s employers added 428,000 jobs in April 2022 and hiring kept the unemployment rate at 3.6%.
Fed raises interest rates by half-point, the most since 2000
The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
Dr. Fauci says the ‘US is out of the pandemic phase’
Dr. Anthony Fauci said COVID-19 infections and deaths are at a lower level in the U.S., but people should still get 'intermittently' vaccinated.
US inflation report: Consumer prices jumped 8.5% in past year, highest since 1981
U.S. inflation soared 8.5% over the past 12 months, the biggest spike since December 1981.