US consumer prices rise 0.3% in August 2021, lowest in 7 months
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.
Biden to visit Colorado Tuesday to pitch investments in clean energy
President Biden will visit the National Renewable Energy Laboratory in Denver, Colorado, on Tuesday and pitch his $3.5 trillion spending package.
UPS aims to hire 100K ahead of 'record peak 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.
Microsoft return to U.S. offices delayed indefinitely
Microsoft told employees Thursday that it has indefinitely delayed their return to U.S. offices until it’s safer to do so.
‘No question’ delta variant is why August job growth wasn’t stronger, Biden says
America’s employers added just 235,000 jobs in August, a modest gain after two months of robust hiring at a time when the delta variant’s spread has discouraged some people from flying, shopping and eating out.
US unemployment claims rise by 4,000 to 353,000
U.S. unemployment claims rose for the first time in five weeks even though the economy and job market have been recovering from the pandemic.
US unemployment claims hit pandemic low as hiring strengthens
The U.S. Labor Department reported Thursday that unemployment claims fell last week for a fourth straight time to a pandemic low of 348,000.
Child tax credit: Treasury, IRS disburse second round of payments
According to the IRS and Treasury Department, a technical issue will cause a small percentage of those who chose direct deposits to receive a physical check this month.
Lower home supply in Minnesota leads to decline in closings in July
A limited housing supply contributed to a drop in home sales in July compared to last year, according to the latest monthly Minnesota Realtors report.
US jobless claims fall for 3rd straight week as economy strengthens
U.S. unemployment claims dropped to 375,000, near a pandemic low and another sign of strength for a rebounding economy and job market.
Weekend Senate session stretches on to pass $1T infrastructure bill
Senators resigned to staying as long as it takes to overcome Republican holdouts who want to drag out final votes on the bill, one of President Joe Biden’s top priorities.
Expiration of eviction moratorium thrusts US into housing crisis
Millions of Americans are at risk of losing their homes now that the federal eviction moratorium has expired.
US unemployment claims down 24,000 to 400,000 as economy recovers
U.S. unemployment claims dropped by 24,000 to 400,000 last week in another sign that the job market is recovering from the coronavirus recession.
US unemployment claims rise to 419,000 from a pandemic low
The number of jobless claims increased last week to 419,000, the most in two months, from a pandemic low of 368,000 during the previous week.
COVID-19 pandemic recession ended in April 2020, shortest on record
The recession that broke out with the onset of the coronavirus pandemic lasted just two months, officially ended in April 2020. That makes it the shortest downturn on record, according to the committee of economists that determines when recessions begin and end.
Minnesota's unemployment rate remains steady
Minnesota's unemployment numbers remained steady in June, according to the latest jobs report released by the state Department of Employment and Economic Development Thursday.
American unemployment claims fall to 360,000, another pandemic low
The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.
Consumer prices saw largest inflation spike in June since 2008
Consumer prices in June rose 0.9% from May and 5.4% over the past year — the sharpest 12-month inflation spike since June 2008.
Patio furniture in high demand, low supply as summer heats up
If you are looking to add some new furniture to your patio this summer, you're likely running into trouble getting pieces.
June jobs report: US adds 850,000 jobs as economy extends its gains
U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.