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
Nov 22 Watch 6:30 A second Powell term will make economy run 'hotter,' expert says. Here's what that means President Joe Biden nominated Jay Powell for a second term as Federal Reserve chairman Monday. While U.S. job growth has been better than expected, inflation is at its highest in decades. Both are concerns Powell, and Lael Brainard as vice… Continue watching
Nov 22 No turkey shortage for Thanksgiving, but higher prices expected By Dee-Ann Durbin, Associated Press The American Farm Bureau estimates a Thanksgiving feast for 10 will cost $53.31 this year, up 14% from a year ago. Butterball CEO Jay Jandrain says labor, transportation and feed costs all soared this year and remain elevated. Continue reading
Nov 22 WATCH: Biden to re-nominate Powell as Fed chair, Brainard gets vice chair By Christopher Rugaber, Associated Press President Joe Biden announced he's nominating Jerome Powell for a second term as Federal Reserve chair, endorsing Powell's stewardship of the economy through a brutal pandemic recession in which the Fed's ultra-low rate policies helped bolster confidence and revitalize the… Continue reading
Nov 21 Watch 11:23 Low wage, essential workers demand better protections in California By Ivette Feliciano Low-wage, essential workers who can’t do their jobs from home are facing an unequal playing field as the effects of the COVID-19 pandemic continue. In California, many of the state’s 556,000 fast-food workers have protested what they call a widespread… Continue watching
Nov 21 Watch 3:38 Inflation a major issue facing the Biden administration By PBS NewsHour Inflation, now running at more than 6%, is the number one concern for many Americans as prices rise, from the gas pumps to the grocery shelves. It’s also a looming threat to President Joe Biden’s administration. A complex mix of… Continue watching
Nov 20 Watch 5:51 The quirky 'Museum of Failure' celebrates creativity and innovation By Megan Thompson Sam West, a psychologist who studies corporate behavior, believes fear of failure is a big obstacle to innovation. He launched an exhibit in Sweden in 2017 showcasing botched products and ideas to celebrate the role failure plays in innovation and… Continue watching
Nov 18 WATCH: House debates Build Back Better bill before expected vote By Alan Fram, Associated Press Democrats have brushed aside monthslong divisions and are approaching House passage of their expansive social and environment bill. Continue reading
Nov 18 Tribes welcome infusion of money in infrastructure bill By Felicia Fonseca, Associated Press The Indian Health Service says it will consult with tribes on how best to use the $3.5 billion. The amount is enough to fulfill the more than 1,560 projects on the agency's list of sanitation deficiencies. Continue reading
Nov 18 John Deere workers approve new contract offer, will end strike By Josh Funk, Tom Krisher, Associated Press Deere workers approved a new contract Wednesday that will deliver 10 percent raises immediately and end a monthlong strike for more than 10,000 employees. Continue reading