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.
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.
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.
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%.
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.
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.
Women big rig drivers celebrated during expo in Dallas
It comes at a time where drivers are in desperate need to help alleviate strains on the supply chain. Attendees say trucking is not the male-dominated industry people think it is, and jobs are not limited to just truck driving.
531,000 jobs added in U.S. October jobs report
The new U.S. jobs report was much better than expected, as employers added 531,000 jobs last month.
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.
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.
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.
Program trains North Texas women for job skills in male-dominated careers
The non-profit Aspire is partnering with On Target Logistics, which started the ready to work program to help people retool their lives in a new profession -- and the focus is on women.
US unemployment claims fall to 290,000, a new pandemic low
Unemployment claims in the U.S. reached another pandemic low last week, declining to 290,000.
Procter & Gamble combats inflation with price hikes in most categories
Procter & Gamble, like many other companies, has hiked prices on consumers in order to offset rising costs that have occurred due to supply-chain issues and a shortage of materials and labor coming out of the pandemic.
Biden signs bill raising nation's debt limit until early December
President Joe Biden has signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.
Local businesses hope Biden opening ports 24/7 will ease supply shortages
Major retailers and shipping companies are stepping up operations in hopes of overcoming nationwide supply chain issues affecting businesses and industries. The effects are being felt from major retailers all the way down to local North Texas businesses.
Port of Los Angeles going 24/7 to ease shipping backlog, White House says
The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.
North Texas businesses affected by supply, labor shortages
In a pre-pandemic world, Dallas-based chef Meika Johnson was thriving preparing meals for private businesses. But in recent months, she's struggled to find both food and equipment. Now, she's forced to shut down her business, saying she’s spent more searching for products and less time actually making a profit.
Social security annual cost-of-living set to increase in 2022
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.
Debt ceiling: House passes short-term increase, sends to Biden
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.