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.
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.
FOX 5 tours construction of Amazon's HQ2 facility underway in Arlington
FOX 5 is taking viewers inside the construction of Amazon's new HQ2 facility in Arlington for the first time ever.
FOX 5 is taking viewers inside the construction of Amazon's new HQ2 facility in Arlington for the first time ever.
Biden signs $1T infrastructure bill into law as Congress debates climate, social bill
The bill includes providing $110 billion to repair the nation’s aging highways, bridges and roads.
The bill includes providing $110 billion to repair the nation’s aging highways, bridges and roads.
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.
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.
Biden administration ‘looking at every tool in arsenal’ to address gas price hike
Energy costs played a large role in the inflation surge, skyrocketing 4.8% from September to October, with the price of gas jumping up 6.1%.
Energy costs played a large role in the inflation surge, skyrocketing 4.8% from September to October, with the price of gas jumping up 6.1%.
Americans quit jobs at record pace in September for 2nd straight month
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation's workforce.
The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation's workforce.
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.
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.
A winter settles in, there are some bad habits that can deplete your tank quickly as the weather gets colder.
EXCLUSIVE: Montgomery County to issue $8 million in refunds after state tax error
Millions of dollars have been refunded to Maryland taxpayers after an error calculating a state tax credit, and now FOX 5 has exclusively learned that millions more will be given back.
Millions of dollars have been refunded to Maryland taxpayers after an error calculating a state tax credit, and now FOX 5 has exclusively learned that millions more will be given back.
Elon Musk's Twitter poll asks if he should sell some Tesla stock
Elon Musk has asked Twitter users whether he should sell 10% of his stock in Tesla amid pressure in Washington to increase taxes on billionaires like him.
Elon Musk has asked Twitter users whether he should sell 10% of his stock in Tesla amid pressure in Washington to increase taxes on billionaires like him.
Thanksgiving turkey prices skyrocketing amid supply chain, labor shortage issues
Thanksgiving is just three weeks away, and concerns are food prices are rising.
Thanksgiving is just three weeks away, and concerns are food prices are rising.
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.
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.
Eric Adams, the next mayor of New York, says he will accept some of his City Hall salary in Bitcoin.
US unemployment claims drop to 269,000, another pandemic low
U.S. unemployment claims fell to a fresh pandemic low last week to 269,000.
U.S. unemployment claims fell to a fresh pandemic low last week to 269,000.
Paid leave, immigration, tax changes added to $1.75T Biden bill
House Democrats have added paid family and medical leave, immigration law changes and a state-and-local tax break to President Joe Biden's $1.75 trillion social services and environmental bill.
House Democrats have added paid family and medical leave, immigration law changes and a state-and-local tax break to President Joe Biden's $1.75 trillion social services and environmental bill.
Gas prices stable 'for the time being,' shouldn't move much higher, expert says
The national average for gas prices is sitting at about $3.39 per gallon, according to GasBuddy data.
The national average for gas prices is sitting at about $3.39 per gallon, according to GasBuddy data.
Walmart holds 2-day supply chain hiring event as holiday season nears
Supply chain associates will earn an average of $20.37 per hour.
Supply chain associates will earn an average of $20.37 per hour.
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.
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.
Social Security payments increasing significantly in 2022, new bill could send payments higher
The Social Security Administration is seeing some changes, including increased payments to go out in 2022. Now, members of Congress are introducing a bill to save the program and expand its benefits.
The Social Security Administration is seeing some changes, including increased payments to go out in 2022. Now, members of Congress are introducing a bill to save the program and expand its benefits.
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.
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.