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Content Tagged As us_economy

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  • Consumer prices jumped sharply in last 12 months

    May 12, 2021 11:03 AM

    New data from the Department of Labor reveals that consumer prices spiked sharply in April, ABC News reports. The information was released Wednesday morning and revolved around the consumer price index, which is a barometer that measures what consumers pay for everyday goods and services. According to the... more »
  • Report: US job crisis continues with 900,000 Americans filing for unemployment

    January 21, 2021 8:59 AM

    Last week, 900,000 Americans filed for first-time unemployment benefits on a seasonally adjusted basis, according to CNN . It was a down from the prior week's upswing, when claims increased to 926,000. While it's a positive sign that benefit applications fell again, millions of citizens still need government help... more »
  • Shake Shack returns $10m loan to fed gov and urges US leaders to reorganize their loan program

    April 20, 2020 10:17 AM

    The federal government has been working to assist businesses impacted by the COVID-19 pandemic, but one company decided to return the check provided by the federal government. CNN reports that the popular casual-dining restaurant chain, Shake Shack, is refusing to accept monetary assistance from the government at this time.... more »

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