US unemployment claims drop seventh straight week to 268,000

U.S. jobless claims dipped by 1,000 last week from the week before to a pandemic low of 268,000, the Labor Department reported Thursday.

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.

Fuel efficiency tips for drivers this winter

A winter settles in, there are some bad habits that can deplete your tank quickly as the weather gets colder.

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.

Mayor-elect Eric Adams wants to be paid in Bitcoin

Eric Adams, the next mayor of New York, says he will accept some of his City Hall salary in Bitcoin.

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.

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.

Fed sets new limits on policymakers' investments amid questionable trades

The Federal Reserve issued new restrictions on policymakers’ investments in response to questionable recent trades that forced two top officials to resign.

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.

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.