Nov 28 Watch 7:41 How inflation, climate change and energy costs are pushing up food prices By PBS NewsHour In the US, inflation is now above six percent, and globally, food prices are at their highest since 2011. Climate change, energy demands and inflation are causing shortages and driving up costs in some of the poorest nations. Wall Street… Continue watching
Nov 26 Stocks sink on new COVID variant. Dow loses 905 points By Ken Sweet, Paul Wiseman, Associated Press Stocks are closing sharply lower on Wall Street Friday, after a coronavirus variant from South Africa appeared to be spreading across the globe and the European Union proposed suspending air travel from southern Africa. Continue reading
Nov 26 Stores kick off Black Friday but pandemic woes linger By Anne D'Innocenzio, Associated Press Retailers are expected to usher in the unofficial start to the holiday shopping season Friday with bigger crowds than last year in a closer step toward normalcy. But the fallout from the pandemic continues to weigh on businesses and shoppers’… Continue reading
Nov 25 Who's a hero? Some states, cities still debating hazard pay By Susan Haigh, Associated Press While many workers deemed essential in their respective states have already received pandemic hazard pay or hero pay, there are thousands more still waiting for the same financial pat-on-the-back. Continue reading
Nov 24 South Dakota Supreme Court rules against pot legalization By Stephen Groves, Associated Press Gov. Kristi Noem opposed marijuana legalization as a social ill, but her administration argued in court that the amendment would have broken technical rules of the state constitution. Continue reading
Nov 24 U.S. unemployment claims fall to 52-year low after seasonal adjustments By Paul Wiseman, Associated Press Jobless claims dropped by 71,000 to 199,000, the lowest since mid-November 1969. But seasonal adjustments around the Thanksgiving holiday contributed significantly to the bigger-than-expected drop. Unadjusted, claims actually ticked up by more than 18,000 to nearly 259,000. Continue reading
Nov 23 Watch 8:42 How tapping strategic oil reserve will affect U.S. gas prices, OPEC+ By William Brangham, Harry Zahn President Joe Biden is tapping an emergency stockpile of oil to stem a rising tide of energy prices. His order Tuesday draws 50 million barrels of crude oil from the nation's Strategic Petroleum Reserve. William Brangham begins the report, and… Continue watching
Nov 23 U.S. sues to halt sugar merger, says it would harm competition By Michael Balsamo, Associated Press The Justice Department has filed a lawsuit seeking to block a major U.S. sugar manufacturer from acquiring its rival. The department contends that the deal would harm competition and consumers. Continue reading
Nov 23 WATCH: Biden gives remarks on the economy, inflation ahead of Thanksgiving By Josh Boak, Colleen Long, Associated Press President Joe Biden is ordering 50 million barrels of oil released from America's strategic reserve to help bring down energy costs. Continue reading
Nov 23 U.S. to release 50 million barrels of oil from reserve to alleviate energy costs By Josh Boak, Colleen Long, Associated Press The move is aimed at global energy markets, but also aimed at voters who are coping with higher inflation and rising prices ahead of Thanksgiving and winter holiday travel. Continue reading