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Back-to-back price hikes, wholesale costs up 1 percent in July

By Martin Crutsinger, Associated Press

Over the past 12 months, prices at the wholesale level are up a record 7.8 percent, surpassing the old record of a 7.3 percent gain set for the 12 months ending in June.

U.S. jobless claims near pandemic low as economy strengthens

By Christopher Rugaber, Associated Press

The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge…

WATCH: Schumer sees tough pathway for $3.5 trillion social, climate plans

By Alan Fram, Associated Press

The 10-year fiscal blueprint is aimed at helping lower and middle income people and slowing the planet's ominously warming temperatures. Schumer said they have a good chance of success.

U.S. consumer prices rose in July but at slower pace

By Christopher Rugaber, Associated Press

Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation's households.

Houses are getting scooped up before they’re listed. It’s shutting people out of homeownership

By Courtney Vinopal

As U.S. home prices surge while housing inventory is at a historic low, some real estate agents say the tight market is becoming even more competitive through the practice of so-called “pocket listing” deals that are sold to buyers before…

What’s inside the Senate’s bipartisan infrastructure bill

By Mary Clare Jalonick, Associated Press

The Senate has passed a nearly $1 trillion bipartisan plan to rebuild roads and bridges, modernize public works systems and boost broadband internet, among other improvements to the nation's infrastructure.

Senate Dems, GOP come together to pass $1 trillion infrastructure bill

By Lisa Mascaro, Associated Press

A rare coalition of Democrats and Republicans joined together Tuesday to deliver a cornerstone of President Joe Biden's agenda. Passage provides momentum as it's now headed to the House.

Without ‘right to repair,’ businesses lose time and money

By Mae Anderson, Associated Press

Makers of products ranging from smartphones to farm equipment can withhold repair tools and create software-based locks that prevent even simple updates, unless they're done by a repair shop authorized by the company.

Judge blocks Florida law that prevents cruise lines from requiring proof of vaccination

By Associated Press

A federal judge has temporarily blocked a Florida law that prevents cruise lines from requiring passengers to prove they're vaccinated against COVID-19. The judge says it appears unconstitutional and won't likely hold up in court.

South Korea will release billionaire Samsung scion on parole

By Kim Tong-Hyung, Associated Press

The announcement comes with a year left on Lee Jae-yong's 30-month sentence and extends a history of leniency toward major white-collar crime and preferential treatment for convicted tycoons.