How will the jump in prices impact your pocket book
Prices are rising at the fastest rate in three decades. So what is causing this inflation? Phil Flynn with the Price Futures Group explains.
Prices are rising at the fastest rate in three decades. So what is causing this inflation? Phil Flynn with the Price Futures Group explains.
US consumer prices jumped 6.2% in past year, highest inflation rate since 1990
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Driving the price spikes are supply shortages resulting from consumer demand and COVID-related factory shutdowns coming out of the pandemic recession.
Unemployment claims drop to 267,000, a new pandemic low
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
Jobless claims fell by 4,000 last week, the Labor Department reported Wednesday.
October jobs report: US hiring rebounds with 531,000 jobs added
The October 2021 U.S. jobs report showed employers stepped up their hiring, adding a solid 531,000 jobs — the most since July.
The October 2021 U.S. jobs report showed employers stepped up their hiring, adding a solid 531,000 jobs — the most since July.
US unemployment claims drop to pandemic low of 281,000
U.S. unemployment claims dropped by 10,000 to 281,000, the lowest since mid-March 2020.
U.S. unemployment claims dropped by 10,000 to 281,000, the lowest since mid-March 2020.
Thanksgiving dinner may be more expensive as holiday staples in short supply
While most will likely be able to get their hands on a turkey for Thanksgiving this year, shoppers could be shelling out more cash for it as well as other holiday staples — largely due to supply chain bottlenecks.
While most will likely be able to get their hands on a turkey for Thanksgiving this year, shoppers could be shelling out more cash for it as well as other holiday staples — largely due to supply chain bottlenecks.
Twitter CEO Jack Dorsey's dire warning: 'Hyperinflation' will soon 'change everything'
Twitter CEO Jack Dorsey has issued a warning about hyperinflation, saying it "is going to change everything."
Twitter CEO Jack Dorsey has issued a warning about hyperinflation, saying it "is going to change everything."
US budget deficit reaches $2.77 trillion in 2021, its 2nd highest ever
The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion in 2020.
The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion in 2020.
US unemployment claims fall to 290,000, a new pandemic low
Unemployment claims in the U.S. reached another pandemic low last week, declining to 290,000.
Unemployment claims in the U.S. reached another pandemic low last week, declining to 290,000.
Climate change: US report targets economic risks from extreme weather
A new White House report addresses how the U.S. economy could be affected by climate change, including extreme heat, flooding, storms and wildfires.
A new White House report addresses how the U.S. economy could be affected by climate change, including extreme heat, flooding, storms and wildfires.
US unemployment claims fall to lowest level of COVID-19 pandemic
U.S. unemployment claims dropped 36,000 to 293,000 last week, the lowest level since the start of the pandemic, the Labor Department said.
U.S. unemployment claims dropped 36,000 to 293,000 last week, the lowest level since the start of the pandemic, the Labor Department said.
Social Security checks to increase by 5.9% in 2022 as inflation jumps
The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.
The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.
Debt ceiling: House passes short-term increase, sends to Biden
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
Gas prices on the rise, leaving only 8 states under $3 per gallon
U.S. gas prices across the nation stand at about $3.25 per gallon.
U.S. gas prices across the nation stand at about $3.25 per gallon.
Americans quit jobs at highest rate on record in August, Labor Department says
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
September jobs report: US adds weak 194K jobs as delta maintains hold
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.
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.
US unemployment claims fall to 326,000, first drop in four weeks
U.S. unemployment claims were down by 38,000 to 326,000 last week, the first drop in four weeks.
U.S. unemployment claims were down by 38,000 to 326,000 last week, the first drop in four weeks.
Bacon prices hit record high amid supply chain disruptions, increased demand
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.
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.
Biden calls GOP’s refusal to raise debt ceiling ‘hypocritical’
President Joe Biden is giving remarks on the debt ceiling, as the U.S. quickly approaches its limit on federal borrowing.
President Joe Biden is giving remarks on the debt ceiling, as the U.S. quickly approaches its limit on federal borrowing.
US unemployment claims rise for 3rd straight week amid delta spread
U.S. unemployment claims rose by 11,000 last week to 362,000, the Labor Department said Thursday.
U.S. unemployment claims rose by 11,000 last week to 362,000, the Labor Department said Thursday.