Economy

Filter

U.S. opens formal probe into Tesla Autopilot system

By Tom Krisher, Associated Press

The investigation covers 765,000 vehicles, almost everything that Tesla has sold in the U.S. since the start of the 2014 model year.

Month 2 of child tax credit hits bank accounts

By Associated Press

The U.S. Department of Treasury says the second monthly child tax credit payment has begun to be disbursed. More than $15 billion will be paid out to families of about 61 million children.

Kentucky Sen. Paul failed to disclose wife's stock trade at the start of pandemic

By Brian Slodysko, Associated Press

The Republican filed a disclosure Wednesday revealing that Kelley Paul purchased as much as $15,000 in Gilead stock in February 2020. Trades are supposed to be reported within 45 days.

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.