Delta optimistic on spring travel rebound even after 8K employees sick with COVID-19
Delta employees are being hit hard by COVID-19 but CEO Ed Bastian is optimistic about the future.
Producer prices soared by 9.7% in December, biggest gain on record
Wholesale prices rose at the fastest pace on record in December, the latest evidence that inflationary pressures are continuing to plague the U.S. economy.
Jobless claims unexpectedly rise to 230,000 as omicron surges
Jobless claims have moderated in recent weeks, hovering near a half-century low despite a surge in omicron-driven COVID-19 cases.
Red-hot inflation eating away at most Americans' wage gains
The tightest labor market in years is driving rapid wage gains for most workers – the only problem is that red-hot inflation is quickly eroding those increases.
Inflation could be a top risk for 2022, rising to 7% in Q1, Fannie Mae predicts
Inflation could reach as high as 7% in the first quarter before decelerating. Here's what Fannie Mae says that will mean for interest rates.
December inflation breakdown: Where are rising prices hitting consumers the hardest?
American households are grappling with the steepest price increase in almost four decades, paying more for everything from cars to gasoline to food as uncomfortably hot inflation erodes most workers' wage gains.
Here's when to expect the first interest rate hike of 2022
In 2022, the Federal Reserve is eyeing three interest rate hikes. Here's how to benefit from low interest rates now.
Inflation surges 7% in December, highest rate in 40 years
Inflation rose at the fastest pace in nearly four decades in December, as rapid price gains fueled consumer fears about the economy and sent President Biden's approval rating tumbling.
Fed’s December meeting reveals possible earlier, faster interest rate hikes
The Fed is considering moving up its timeline for interest rate hikes, according to the December meeting minutes.
NAACP, BLM, other groups silent amid disappointing jobs numbers and rise in Black unemployment rate
The NAACP, Black Lives Matter, and other groups have appeared to be silent as Black unemployment saw another increase in December 2021.
Omicron cases surge in New York, hitting tourism: report
As omicron continues to surge in New York, the state's tourism is reportedly taking a hit.
Where are all of the jobs? These industries hired the most workers in December
Although U.S. job growth slowed markedly in December, most industries still added to their payrolls last month, with restaurants and bars leading the way in hiring before the threat of the new omicron variant.
December jobs report expected to show hiring accelerated before omicron surge
The December jobs report is projected to show that hiring bounced back last month before the rapid spread of the new omicron coronavirus variant cast a fresh threat over the economy and its recovery from the pandemic.
Majority of small businesses raising prices due to inflation, study shows
Inflation is rising at a record pace, forcing many small businesses to raise their prices. Here's what consumers can do to if they are struggling.
Mike Rowe on record 4.5M quitting their jobs: This will impact ‘every single American’
Mike Rowe warns that more Americans leaving their jobs will impact smooth roads, indoor plumbing, affordable electricity and so forth.
Private-sector job growth blows past expectations in December, ADP says
U.S. private-sector job growth continued at a solid pace in December, even as the labor market faces one of the worst worker shortages in decades, according to the ADP National Employment Report released Wednesday morning.
Walmart to hire over 3,000 US drivers as it expands home delivery
Walmart Inc said on Tuesday it plans to hire more than 3,000 U.S. delivery drivers and build out a fleet of all-electric delivery vans to support its "in-home" grocery delivery service, its latest investment in its last-mile fulfillment network.
Initial jobless claims total 198K, continuing claims hit new pandemic low
The number of Americans filing for unemployment benefits fell last week.
Pending home sales fall 2.2% in November as rising prices make buyers hesitant
The National Association of Realtors' pending home sales index, which tracks the number of homes that are under contract to be sold, slipped 2.2% to 122.4 in November on a monthly basis.
US economic growth revised up to 2.3% in third quarter, but still lagged previous months
U.S. economic growth was revised slightly higher in the third quarter, but still slowed sharply from the spring amid a surge of COVID-19 infections nationwide that forced consumers to pull back on spending.



















