Inflation speeds up in April as consumer prices leap 4.2%, fastest since 2008
Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday. The Consumer Price Index, which measures a basket of...
Inflation speeds up in April as consumer prices leap 4.2%, fastest since 2008
Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday. The Consumer Price Index, which measures a basket of...
Weekly mortgage refinance demand jumps on brief drop in rates
Real estate agents leave a home for sale during a broker open house in San Francisco, California. Justin Sullivan | Getty Images A brief drop in mortgage interest rates sent some borrowers rushing to their lenders to see if they...
Dow futures slip more than 100 points, after its worst day since February
U.S. stock futures declined in early trading Wednesday following the Dow’s worst day since February as investors dumped tech shares again. Dow futures fell more than 111 points while S&P 500 futures traded 0.4% lower and Nasdaq 100 futures lost...
As the U.S. economy restarts from the pandemic, parts of it are severely broken
A customer wearing a protective mask loads lumber at a Home Depot store in Pleasanton, California, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images The U.S. economy is trying to restart its engine after tumbling into its...
Job openings leaped above 8 million in March, a new high
A help wanted sign is displayed in the window of a Brooklyn business in New York. Spencer Platt | Getty Images Job openings popped to a record high in March as employers struggled to find workers to fill those positions,...
How to return to work — and keep getting the $300 unemployment benefit
Luis Alvarez | DigitalVision | Getty Images ‘Overlooked’ The programs are often “overlooked” as options by the public, the White House said Monday. The Biden administration highlighted them as a benefit for both employers and workers: Ailing businesses can rehire...
China’s census shows population growth slowed
Joggers run along the Bund across from the Lujiazui Financial District in Shanghai, China, on Saturday, April 10, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s once-a-decade census showed that the national population of the mainland was...
Biden urges employers to boost wages but warns workers they’ll lose unemployment pay if they reject jobs
US President Joe Biden speak about the Covid-19 response and the vaccination program in the State Dining Room of the White House on May 4, 2021. Nicholas Kamm | AFP | Getty Images President Joe Biden on Monday urged U.S....
Restaurants are ‘sucking wind’ but fighting back to reopen amid a worker shortage
View of the Prohibition Taproom in Philadelphia. Owner Michael Pasquarello, who owns two other establishments in the city, is optimistic about the future despite issues that plague the industry. Source: Google Earth Like many in his field, restaurateur Michael Pasquarello...