
America is facing a child care crisis
The American Rescue Plan of 2021 provided $39 billion in child care relief funds that are starting to run dry.
The American Rescue Plan of 2021 provided $39 billion in child care relief funds that are starting to run dry.
The latest year-over-year figure was down from 7.3% in November and from a recent peak of 11.7% in March.
| AP
Gen Z (40%) and millennials (46%) count on the tax-time cash infusion the most, according to the study by Qualtrics on behalf of Credit Karma.
Athletes are buying land and leasing the land to farmers, earning a single-digit-percentage annual return on the investment.
Digital banking is on the rise. About 197 million people used it in 2021 and that number increased to 203 million in 2022.
The Federal Reserve doesn’t expect inflation to slow enough to get close to its 2% target until well into 2024.
| AP and Bianca Facchinei
Ascutney Mountain first started welcoming skiers in the winter of 1935. Seventy-five years later it went into foreclosure.
While you might be concerned about the economy in the short term, experts say not to lose sight of long-term goals.
President Biden and Senate Republican leader Mitch McConnell will make a rare joint appearance in McConnell's home state of Kentucky on Wednesday.
| AP
Applications for unemployment aid for the week ending Dec. 24 climbed 9,000 to 225,000, the Labor Department reported Thursday.
| AP
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
| AP
Inflation still remains well above the 2% year-over-year growth the Fed wants to see.
| AP
Jobless claims for the week ending Dec. 17 inched up by 2,000 to 216,000 from the previous week’s 214,000, the Labor Department reported Thursday.
| AP
The economy's gross domestic product — output in goods and services — grew 3.2% from July through September.
| AP
The National Association of Realtors found first-time homebuyers made up just 26% of all homebuyers this year.
Applications for jobless claims fell to 211,000 for the week ending Dec. 10, down by 20,000 from the previous week, the Labor Department reported.
| AP
November consumer prices dropped sharply from 7.7% in October, but grocery prices remained a troubled spot last month, rising 0.5%.
| AP
Buy now, pay later companies are giving people extra credit, but the government warns there are some downsides — fees, charges and data harvesting.
Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate dipped to 6.33%. A year ago the average rate was 3.1%.
| AP
Applications for unemployment benefits rose to 230,000 for the week ending Dec. 3, up by 4,000 from the previous week, the Labor Department reported.
| AP
The economy is changing and manufacturing jobs are on the rise.
With not enough people available to fill jobs, businesses are having to offer higher pay to attract and keep workers.
| AP and Ben Schamisso
President Biden signed the measure Friday after it was approved Thursday by the Senate and Wednesday by the House.
| AP and Scripps News Staff
The Senate vote was 80-15. It came one day after the House voted to impose the agreement.
| AP and James Packard
The Labor Department said Thursday that 1.61 million people were receiving jobless aid the week that ended Nov. 19, up 57,000 from the week before.
| AP
As rail companies and unions have yet to strike a deal, groups are urging leaders to act before a rail stoppage affects the supply chain.
Biden asked lawmakers to impose a tentative agreement from September that provides pay raises, protected health care benefits and better leave policy.
| Kellan Howell and AP and Scripps News Staff
The mass shooting at Walmart on the week of Thanksgiving and Black Friday could impact retail and consumer confidence.
OPEC comprises 13 countries including some of the world’s largest oil exporters.
As Thanksgiving approaches, inflation isn't the only reason the holiday dinner may be more expensive this year.