A “Now Hiring” advertisement in a store window in Bay Shore, New York, on March 24, 2022. Steve Pfost/Newsday RM via Getty Images Claims for unemployment insurance last week fell to their ...
Tag: U.S. Economy
Macy’s warns inflation-squeezed consumers may choose travel over shopping
A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images As inflation threatens to weigh on consumer demand, particularly among low-to-mi...
CDC director says high immunity in U.S. population provides some protection against omicron BA.2
CDC Director Rochelle Walensky on Tuesday said there is enough immunity in the U.S. population to provide some protection against the more contagious omicron BA.2 subvariant, which could help stave of...
Biden administration to launch long Covid research plan
U.S. President Joe Biden delivers remarks on the coronavirus disease (COVID-19) before receiving a second COVID-19 booster vaccination in the Eisenhower Executive Office Building’s South Court Auditor...
Inflation fears force Americans to rethink financial choices: Survey
Surging inflation has Americans reconsidering how they spend their money. The Consumer Price Index, which measures a wide-ranging basket of goods and services, jumped 7.9% in February from 12 months p...
Most Americans are worried about a recession hitting the U.S. in 2022
Rate hikes, soaring energy prices and geopolitical risks have combined to stoke fears of a possible recession. Credit Suisse however, thinks that is an unlikely scenario. Michael Nagle | Bloomberg | G...
Manhattan residential real estate sales hit record $7.3 billion in first quarter
Luxury high-rise apartments are viewed across Central Park South near Columbus Circle in the Manhattan borough of New York. Robert Nickelsberg | Getty Images Manhattan residential real estate sales to...
Senators reach $10 billion Covid funding deal for therapeutics, vaccines and testing
U.S. Senator Mitt Romney (R-UT) speaks during a Senate Health, Education, Labor, and Pensions Committee hearing to examine the federal response to the coronavirus disease (COVID-19) and new emerging v...
More contagious omicron BA.2 is on track to displace others in U.S.
A resident receives a Covid-19 swab test during a mobile clinic at Saint Paul MB Church in Cleveland, Mississippi, on Saturday, Jan. 8, 2022. Rory Doyle | Bloomberg | Getty Images The more contagious ...
FDA says Covid vaccines may need to be updated to ensure high level of effectiveness against virus
A healthcare worker administers a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, U.S., on Wednesday, Jan. 26, 2022. Va...
Here’s where the jobs are for March 2022 — in one chart
As Covid restrictions eased, rebounds in the leisure and hospitality and business sectors helped to drive a strong March jobs report. The U.S. economy added more than 400,000 jobs in the final month o...
Myocarditis risk higher after Covid infection than vaccination, CDC finds
A healthcare worker administers a Covid-19 test in San Francisco, California, on Monday, Jan. 10, 2022. David Paul Morris | Bloomberg | Getty Images People infected with Covid-19 face a higher risk of...
CDC will end Title 42 used to expel migrants during Covid
Pedestrians wait to cross into the U.S. at the San Ysidro Port of Entry border crossing bridge in Tijuana, Mexico, on Sunday, March 20, 2022. Cesar Rodriguez | Bloomberg | Getty Images The Centers for...
Why Russia’s invasion of Ukraine could spark a NATO spending spree
The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on its ...
Long-term unemployment tumbles in March as job market stays hot
A job seeker receives information from a recruiter during a job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images The ranks of the long-term unemployed fell again in March...
General Motors GM Q1 2022 US sales
A Chevrolet pickup truck is seen at the Knapp Chevrolet dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images General Motors’ first-quarter U.S. sales fell 20% from a ye...
Which companies are being targeted by Anonymous? See their responses
In addition to Russian entities, Anonymous says it’s now targeting some Western companies. Jakub Porzycki | Nurphoto | Nurphoto | Getty Images The “hacktivist” collective known as An...
Senators reach deal on $10 billion in Covid relief funding, Romney says
U.S. Senator Mitt Romney (R-UT) walks through the Senate Subway on his way to a security briefing for senators on Russia’s invasion of Ukraine, on Capitol Hill in Washington, March 30, 2022. Elizabeth...
The Great Resignation is still in full swing. Here’s what to know
A Now Hiring sign is displayed at a restaurant in Arlington, Virginia, on March 16, 2022. Stefani Reynolds | Afp | Getty Images The pandemic-era trend known as the “Great Resignation” rema...
US auto sales forecast Q1 2022 looks bleak due to chips, inflation
New Jeeps are displayed at a car dealership on October 05, 2021 in New York City. Spencer Platt | Getty Images Automakers will likely report sharp sales declines for March and the first quarter, indus...
Why ‘free’ shipping isn’t free
The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.” “People like free shipping because the word free is v...
Why Russia’s invasion of Ukraine could spark a NATO defense spending spree
The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on mili...
Biden warns U.S. won’t have enough Covid vaccine shots without aid from Congress
U.S. President Joe Biden receives a second coranavirus disease (COVID-19) booster vaccination after delivering remarks on COVID-19 in the Eisenhower Executive Office Building’s South Court Auditorium ...
Biden speaks about U.S. fight against Covid
[The stream has ended.] President Joe Biden gave a speech Wednesday about the fight against Covid-19 in the U.S. The president’s remarks come a day after the Centers for Disease Control and Prev...
Top FDA official says fully vaccinated Americans may need more Covid shots this fall
Nathan Jacobs, of Boston gets his Covid Booster shot from Sassy Yogurtian at City Hall on December 9, 2021 in, in Boston, MA. Stuart Cahill | MediaNews Group | Getty Images People in the U.S. might ne...
Businesses oppose Florida’s ‘Don’t Say Gay’ bill banning talk of LGBTQ issues in public schools
Revelers celebrate on 7th Avenue during the Tampa Pride Parade in the Ybor City neighborhood on March 26, 2022 in Tampa, Florida. The Tampa Pride was held in the wake of the passage of Florida’s...
More contagious omicron BA.2 Covid subvariant dominant in the U.S., CDC says
A woman takes a coronavirus disease (COVID-19) test at a pop-up testing site in New York City, January 12, 2022. Brendan McDermid | Reuters The more contagious omicron subvariant, BA.2, is now the dom...