Jobless claims at lowest level since beginning of pandemic. On Thursday, the Labor Department released the latest round of numbers about the health of the U.S. jobs market.…
Read MoreEconomy
Home Prices Highest in 30 Years
National index has average up 14.6%. U.S. home prices rose to a record high in the month of April, as buyers competed for a limited number of homes…
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New Child Tax Credit Is Available to Families
President’s administration launches website for families to sign up. On Monday, President Biden and members of the White House staff began a public relations campaign to raise visibility…
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Fed Official Expects Rate Hike Next Year
Inflation is running “hotter” than Federal Reserve had anticipated. The president of the St. Louis Federal Reserve Bank predicted an interest rate hike in late 2022, which is…
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Labor Department Releases Unemployment Report
Sixth straight week of lower rate of new claims. The Department of Labor released its report on the current status of the workforce on Thursday finding for the…
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Inflation Rose to 5 Percent in May
Supply chain and hiring challenges contribute to higher prices. A report released Thursday by the Department of Labor revealed that consumer prices increased 5 percent for the year…
Read MoreJob Openings at Record High
Hiring challenges are acute for several months. The Labor Department reported Tuesday that job openings rose to a new record high in April, along with the number of…
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Administration to Address Supply-Chain Issues
Action follows 100-day review of supply breakdown. President Biden’s administration will outline new measures soon to address widespread supply-chain issues, with a goal of bringing manufacturing back to…
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Vice President Travels to Central America
Discussions ranging from migration to labor and economic policy. On Monday, Vice President Harris arrived in Guatemala City to begin a two-day trip aimed at addressing some of…
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G7 Nations Agree to 15% Global Tax
Announcement was made by U.S. Treasury Secretary Yellen, a proponent of the tax. The Group of Seven (G7) nations have committed to moving toward a 15% global minimum…
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