Fewer Americans File for Jobless Claims Last Week
Employment
Fewer Americans File for Jobless Claims Last Week

WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs continue to fall amid a strong job market rebound. Jobless claims fell by 15,000 to 214,000 for the week ending March 12, down from the previous week's... Read More

A Key Inflation Gauge Rose 5.8% in 2021, Most in 39 Years
Economy
A Key Inflation Gauge Rose 5.8% in 2021, Most in 39 Years

WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with snarled supply chains to raise the costs of food, furniture,... Read More

US Employers Add 199,000 Jobs as Unemployment Falls to 3.9%
Economy
US Employers Add 199,000 Jobs as Unemployment Falls to 3.9%

WASHINGTON (AP) — U.S. employers added a modest 199,000 jobs last month while the unemployment rate fell sharply, at a time when businesses are struggling to fill jobs with many Americans remaining reluctant to return to the workforce. The Labor... Read More

Sweet News: Halloween Spending Expected To Reach All-Time High
Economy
Sweet News: Halloween Spending Expected To Reach All-Time High
2021-10-06 15:58:54
by TWN Staff

WASHINGTON -- Consumer spending on Halloween related items is expected to reach an all-time high of $10.14 billion, up from $8.05 billion in 2020, according to a new survey by the National Retail Federation. The federation conducts its annual Halloween... Read More

CBO Says Pandemic Shaved $3.9 Trillion Off US Economy, Slow Down Will Linger
Economy
CBO Says Pandemic Shaved $3.9 Trillion Off US Economy, Slow Down Will Linger
2020-06-09 21:11:39
by Dan McCue

WASHINGTON - The coronavirus pandemic shaved roughly $3.9 trillion from the U.S. economy and will likely prevent the nation's quarterly growth rate from climbing above zero percent through the end of 2021, the nonpartisan Congressional Budget Office said Tuesday. The... Read More

New-Home Sales Surged in February to 11-Month High, Consumer Spending Lags
New-Home Sales Surged in February to 11-Month High, Consumer Spending Lags
2019-03-29 23:37:27
by Dan McCue

Sales of newly built single-family homes surged in February to a seasonally adjusted annual rate of 667,000, the Commerce Department reported Friday. That 4.9 percent increase is the highest level this category of home sales has reached since March 2018.... Read More

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