Food distributor to northwestern Minnesota schools cancels contract due to driver shortage

After a food distributor that delivers food to 57 school districts in northwestern Minnesota had to cancel their contract due to a lack of drivers, school officials had to find new ways to get food deliveries to their cafeterias.

US inflation: Economists explain why consumer prices are rising

For months, many economists had sounded a reassuring message that a spike in consumer prices, something that had been missing in action in the U.S. for a generation, wouldn’t stay long.

US hospitals ask for donations of gently used crutches, canes, walkers amid shortage

An aluminum shortage is hitting hospitals across the U.S. hard, limiting the number of much-needed crutches, canes, walkers and even wheelchairs that they can provide to patients.

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.

11 Democratic lawmakers ask Biden to dip into Strategic Petroleum Reserve to alleviate gas price hike

The Strategic Petroleum Reserve is stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico and is the world’s largest supply of emergency crude oil.

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.

Fed dialing back COVID-19 economic aid amid high inflation

In a statement Wednesday after its latest policy meeting, the Fed said it will start reducing its $120 billion in monthly bond purchases in the coming weeks, by $15 billion a month, though it reserved the right to change that pace.

Deere employees reject latest contract offer, will remain on strike

Employees would have received wages between $22.13 an hour and $33.05 an hour under the latest rejected contract, depending on their position.

US salaries grew more last quarter than they have in 2 decades

The Labor Department said Friday that pay increased 1.5% in the third quarter. That’s up sharply from 0.9% in the previous quarter.

Biden announces 'historic' deal on $1.75T spending plan, asks Democrats for votes

President Joe Biden says he has reached a “historic” framework with Democrats in Congress on his sweeping, though scaled-back domestic policy plan.

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.

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.