Federal program offers up to $9,000 cash to reimburse COVID-19 funeral costs
The federal program reimburses families up to $9,000 for funeral costs for loved ones who died of COVID-19.
Biden extends federal student loan payment pause until May 1
President Joe Biden has extended the student loan payment freeze by 90 days through May 1, 2022, “as we manage the ongoing pandemic and further strengthen our economic recovery.”
Student loan payment pause extended through May 1
President Joe Biden said financial recovery from the pandemic will take longer than job recovery, especially for those with student loans.
Nearly $100B in COVID-19 relief funds stolen, Secret Service says
Most of that figure comes from unemployment fraud. The Labor Department reported about $87 billion in unemployment benefits could have been paid improperly, with a significant portion attributable to fraud.
Kellogg strike ends after employees approve new labor contract
Kellogg said Tuesday that the new contract provides immediate, across the board wage increases and enhanced benefits for all.
US debt ceiling: Congress sends Biden $2.5T increase, avoiding default
Congress averted a debt default early Wednesday after Democratic majorities voted to send a $2.5 trillion debt ceiling increase to Biden over Republican opposition.
Hobby Lobby raises minimum wage to $18.50 an hour
Hobby Lobby workers will be getting a raise to ring in the new year. The craft store chain announced it will raise its minimum full-time hourly wage to $18.50, effective January 1, 2022.
US consumer inflation rate up 6.8% in past year, highest since 1982
Prices for U.S. consumers jumped 6.8% in November compared with a year earlier, the highest annual inflation rate in 39 years.
Gas prices projected to go down starting in 2022
The federal government said help is on the way, projecting people will spend less at the gas station in 2022.
Starbucks workers at Buffalo store form 1st U.S. union
Starbucks workers at a store in Buffalo, New York, voted to unionize on Thursday, a first for the 50-year-old coffee retailer in the U.S. and the latest sign that the labor movement is stirring after decades of decline.
US employers posted near-record 11 million open jobs in October
U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
Debt ceiling: House passes bill paving way for increase ahead of deadline
The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.
North Texas apartment rental rates up 16% this year, report says
Apartments are in high demand in North Texas and prices reflect that. Average rent for a one-bedroom apartment is now around $1,400 a month.
North Carolina man mistakenly buys 2 identical lottery tickets, wins both $25K a year prizes
A North Carolina man made the mistake of his life after accidentally buying two identical lottery tickets. He won big — twice.
November jobs report: US employers added a sluggish 210,000 jobs
U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.
US unemployment claims rise by 28,000, but still low at 222,000
U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.
Tesla officially moves headquarters from California to Texas
The filing said the relocation from Palo Alto, California, to what Tesla calls a “Gigafactory” on Harold Green Road near Austin was done on Nov 24.
Democrats push Biden to cancel student loans after House passes Build Back Better
Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.
Supply chain challenges continue for North Texas small businesses
President Biden reported the number of shipping containers sitting for more than eight days is down by more than 40% this month. But that is trickling down slowly to small businesses.
Biden to discuss plans to alleviate supply chain woes, inflation ahead of holidays
Rising inflation is leading to price increases for millions around the world, forcing people to choose between digging deeper into their pockets or tightening their belts.