Nov 18 U.S. jobless claims drop seventh straight week to 268,000 By Paul Wiseman, Associated Press The number of Americans applying for unemployment benefits fell for the seventh straight week to a pandemic low 268,000. Continue reading
Nov 14 Watch 9:21 How Maine is transforming who pays for recycling By Hari Sreenivasan, Sam Weber For years, Americans have been encouraged to recycle, but global changes to the market for recycled material has led to a realization that just because that symbol is on the package or it’s placed in a blue bin, doesn't necessarily… Continue watching
Nov 13 Watch 10:29 Busy shops, fewer workers: Portland grapples with post-pandemic reality By Christopher Booker, Sam Weber Last year, Portland, Maine, was struggling to prepare for an economic winter of uncertainty. A push of late fall warmth had given downtown restaurants and businesses a boost following a dreadful summer. One year later, the story has changed entirely… Continue watching
Nov 10 How the supply chain caused current inflation, and why it might be here to stay By Craig Austin, The Conversation Inflation soared 6.2% in October from a year earlier, the fastest pace since 1990. Continue reading
Oct 29 Wages jump by the most on records dating back 20 years By Christopher Rugaber, Associated Press Wages and salaries jumped in the three months ending in September by the most on records that date back 20 years as companies are forced to offer higher pay to fill a near-record number of available jobs. Continue reading
Oct 04 WATCH: U.S. Trade Representative Katherine Tai addresses 'complex and competitive' trade with China By News Desk U.S. Trade Representative Katherine Tai said in a speech Monday that the nation's trade relationship with China is "one of profound consequence."… Continue reading
Oct 04 WATCH: Biden discusses debt ceiling as U.S. approaches limit By Kevin Freking, Josh Boak, Associated Press President Joe Biden accused Republican lawmakers on Monday of blocking efforts to increase the government's borrowing authority, saying they're playing "Russian roulette with the U.S. economy" by committing to filibuster the measure ahead of an Oct. 18 deadline. Continue reading
Sep 29 WATCH: Federal Reserve Chair defends Federal policies, says inflation may persist By Christopher Rugaber, Associated Press At a panel sponsored by the European Central Bank on Wednesday Powell said the Fed has avoided the mistake of underestimating the severity of pandemic's economic impact. But criticism of the Fed's policies has grown in recent months as inflation… Continue reading
Sep 20 Watch 3:06 How financial 'black swans' may be driving market drops A sell-off hit the financial markets Monday over Chinese real estate and U.S. federal reserve policy worries. The Dow Jones Industrial Average lost 614 points — a 1.8% drop, its worst since July. The NASDAQ fell 330 points — more… Continue watching
Sep 16 WATCH: Biden delivers remarks on strengthening the economy By Associated Press Biden's laid out his proposal Thursday at the White House to get the wealthy to "pay their fair share" in taxes. Continue reading