US economy shows growth despite lacking enough workers, supplies
Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.
Detroit's Cadillac stamping plant to undergo transformation, bring hundreds of jobs
Detroit is tearing down the Cadillac Stamping Plant after almost 30 yeras of vacancy, dormancy, and blight.
Detroit is tearing down the Cadillac Stamping Plant after almost 30 yeras of vacancy, dormancy, and blight.
One McDonald's is so desperate for workers it is giving away iPhones
A McDonald’s restaurant in Illinois is offering iPhones to try to attract new workers.
A McDonald’s restaurant in Illinois is offering iPhones to try to attract new workers.
Sales of new US homes fell 5.9% in April in wake of soaring house prices in March
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
Sales of new homes fell a bigger-than-expected 5.9% in April, a drop that analysts blamed in part on soaring home prices.
Monthly child tax credit payments to begin July 15, officials say
Nearly 88% of U.S. children are set to receive the monthly benefits under the expanded child tax credit without their parents needing to take any additional action, administration officials said.
Nearly 88% of U.S. children are set to receive the monthly benefits under the expanded child tax credit without their parents needing to take any additional action, administration officials said.
McDonald’s raising US workers’ pay in 650 company-owned stores
McDonald’s follows other chains including Chipotle, which said Monday that it will raise workers’ pay to an average of $15 per hour by the end of June.
McDonald’s follows other chains including Chipotle, which said Monday that it will raise workers’ pay to an average of $15 per hour by the end of June.
Chamber of Commerce calls for end to enhanced jobless aid
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.
The U.S. Chamber of Commerce is calling for Washington to immediately stop paying out-of-work Americans an extra $300 a week in unemployment benefits, saying the boost in government aid is giving some recipients less incentive to look for work.
Detroit Mayor Duggan battles with charter commission in plans for future
Mayor Mike Duggan said the commission responsible for planning the future of the city isn't considering how billions of dollars will be raised to pay for some services it wants for the future of Detroit.
Mayor Mike Duggan said the commission responsible for planning the future of the city isn't considering how billions of dollars will be raised to pay for some services it wants for the future of Detroit.
Unemployment claims fall to 547,000, a new pandemic low
The number of Americans applying for unemployment aid fell last week to 547,000, a new low since the pandemic struck and a further encouraging sign that layoffs are slowing on the strength of an improving job market.
The number of Americans applying for unemployment aid fell last week to 547,000, a new low since the pandemic struck and a further encouraging sign that layoffs are slowing on the strength of an improving job market.
Michigan's Extended Benefits program ends this week. Here's information on other programs
The state's unemployment levels have fallen enough that Michigan will no longer pay out funds through its Extended Benefits program. Other relief options may still be available, however.
The state's unemployment levels have fallen enough that Michigan will no longer pay out funds through its Extended Benefits program. Other relief options may still be available, however.
Unemployment claims jump to 744,000 as layoffs persist amid pandemic
The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs.
The number of Americans applying for unemployment benefits rose last week to 744,000, signaling that many employers are still cutting jobs.
Michigan gas prices decrease slightly after hitting 2019-high
Michigan gas prices hit a 2019-high last week due to a downturn in stocks.
Michigan gas prices hit a 2019-high last week due to a downturn in stocks.
Hiring ramps up as US adds 916K jobs in March
America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold.
America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold.
Despite pandemic, study shows Americans optimistic about job market
"It is surprising, especially when one in three reports of the pandemic that we went through knocked them off course in their careers," he said.
"It is surprising, especially when one in three reports of the pandemic that we went through knocked them off course in their careers," he said.
Rich Americans shirk tax obligations as IRS collection efforts fall short, report finds
A group of wealthy taxpayers with an average AGI of more than $1.5 million owed more than $2.4 billion, a report showed.
A group of wealthy taxpayers with an average AGI of more than $1.5 million owed more than $2.4 billion, a report showed.
House passes $1.9 trillion COVID-19 relief bill, Biden expected to sign on Friday
The House passed the $1.9 trillion COVID-19 relief bill, which includes $1,400 stimulus checks for many Americans. The bill now goes to President Joe Biden’s desk to be signed into law in his first major legislative win.
The House passed the $1.9 trillion COVID-19 relief bill, which includes $1,400 stimulus checks for many Americans. The bill now goes to President Joe Biden’s desk to be signed into law in his first major legislative win.
COVID-19 relief bill: Democrats strike deal on jobless benefits after logjam
Senate leaders and moderate Democratic Sen. Joe Manchin have struck a deal over emergency jobless benefits, breaking a nine-hour logjam that had stalled the party’s showpiece $1.9 trillion COVID-19 relief bill.
Senate leaders and moderate Democratic Sen. Joe Manchin have struck a deal over emergency jobless benefits, breaking a nine-hour logjam that had stalled the party’s showpiece $1.9 trillion COVID-19 relief bill.
In hopeful sign for economy, US adds 379,000 jobs in February
U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.
'Tax-time surprise': COVID-19 unemployment benefits lead to higher tax bill for unsuspecting filers
As tax season is in full swing, many Americans are being hit with another financial burden as the COVID-19 pandemic carries on - learning they owe taxes on unemployment benefits.
As tax season is in full swing, many Americans are being hit with another financial burden as the COVID-19 pandemic carries on - learning they owe taxes on unemployment benefits.
House passes $1.9 trillion relief bill, Senate expected to vote next week
Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday.
Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday.