Articles filed under Economy
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Unemployment fell to 3.5% under Biden. For how much longer?Apr 08, 2023 1:00 am - WASHINGTON (AP) - President Joe Biden keeps seeing good economic news and bad public approval ratings. The unemployment rate fell to 3.5% in March. More than 236,000 job...
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U.S. adds 236,000 jobs despite Federal Reserve's rate hikesApr 07, 2023 1:00 am - WASHINGTON - America's employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Feder...
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Applications for jobless aid rising but still at low levelsApr 06, 2023 1:00 am - The number of Americans seeking unemployment aid was higher over the past few months than the government had initially reported, reflecting a modest rise in layoffs as t...
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IRS pledges better customer service, no new agents with gunsApr 06, 2023 1:00 am - WASHINGTON (AP) - The IRS released details Thursday on how it plans to use an infusion of $80 billion for improved operations, pledging to invest in new technology, hire...
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Europe's inflation eases to 6.9% as energy falls but food upMar 31, 2023 1:00 am - LONDON (AP) - Inflation in the 20 countries that use the euro currency slowed to the lowest level in a year as energy prices dropped, but food costs were still on the ri...
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More Americans file for jobless claims; layoffs remain lowMar 30, 2023 1:00 am - U.S. applications for jobless benefits rose last week but remain at historically low levels despite efforts by the Federal Reserve to cool the economy and the job market...
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Used car prices are surging. Here's why you should buy nowMar 30, 2023 1:00 am - Well, it was nice while it lasted. For nearly a year, the average used vehicle in the United States had been edging toward affordable again for millions of people. The r...
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Illinois' new paid leave law is a win for workers and a win for businessesMar 26, 2023 1:00 am - It is not often that passage of a new law can be considered both a win for workers and a win for businesses. But in the case of a new paid leave law that was just signed...
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Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000Mar 20, 2023 1:00 am - NEW YORK - Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday. The job cuts would mark the second largest ...
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When an Illinois lawmaker tries to 'win' a tax, guess who loses?Mar 19, 2023 1:00 am - We hear a lot of talk about businesses leaving Illinois. But addressing the problems that cause them to leave? Not so much. There is an urgency to fixing the problems th...