US unemployment claims rise by 28,000, but still low at 222,000

US unemployment claims rise by 28,000, but still low at 222,000

U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.

U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.

Seattle households spend 30% more money than national average, study shows

Seattle households spend 30% more money than national average, study shows

A new report from the U.S. Bureau of Labor and Statistics shows Seattle-area households spend 30% more money than the national average.

A new report from the U.S. Bureau of Labor and Statistics shows Seattle-area households spend 30% more money than the national average.

Fed prepared to raise interest rates if inflation continues to surge

Fed prepared to raise interest rates if inflation continues to surge

The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.

The Fed could be looking at a rate hike sooner than expected if inflation continues to surge. The latest FOMC meeting minutes indicate that Fed members are discussing the possibility of raising rates.

Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending

Holiday shoppers plan to spend nearly $1,000 this year, survey finds: 3 tips to avoid overspending

Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.

Consumers plan to spend $998 this holiday shopping season, according to a National Retail Federation (NRF) survey. Here's how you can overcome higher prices amid shipping delays and labor shortages to take advantage of holiday sales.

Powell says Federal Reserve may accelerate pullback in economic support

Powell says Federal Reserve may accelerate pullback in economic support

Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.

Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.

Democrats push Biden to cancel student loans after House passes Build Back Better

Democrats push Biden to cancel student loans after House passes Build Back Better

Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.

Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.

Expanded child tax credit would permanently reduce child poverty, CBPP finds

Expanded child tax credit would permanently reduce child poverty, CBPP finds

Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.

Build Back Better would make the Child Tax Credit permanently available to low-income families. But the trillion-dollar spending plan faces hurdles in Congress before it can be signed into law.

Biden to discuss plans to alleviate supply chain woes, inflation ahead of holidays

Biden to discuss plans to alleviate supply chain woes, inflation ahead of holidays

Rising inflation is leading to price increases for millions around the world, forcing people to choose between digging deeper into their pockets or tightening their belts.

Rising inflation is leading to price increases for millions around the world, forcing people to choose between digging deeper into their pockets or tightening their belts.

Strong Cyber Monday sales expected but could fall short of 2020 spending

Strong Cyber Monday sales expected but could fall short of 2020 spending

Both Black Friday and Thanksgiving Day online shopping came in below Adobe's prediction. On Black Friday, online sales reached $8.9 billion, down from the $9 billion in 2020.

Both Black Friday and Thanksgiving Day online shopping came in below Adobe's prediction. On Black Friday, online sales reached $8.9 billion, down from the $9 billion in 2020.

Retired housekeeper wins $50K in scratch-off lottery for 3rd time

Retired housekeeper wins $50K in scratch-off lottery for 3rd time

A 61-year-old Maryland woman has won $50,000 in scratch-off lotteries for the third time since 2018. And the winning tickets all came from the same store.

A 61-year-old Maryland woman has won $50,000 in scratch-off lotteries for the third time since 2018. And the winning tickets all came from the same store.

Biden's Build Back Better bill: Half of voters support plan but many fear inflation will worsen, poll shows

Biden's Build Back Better bill: Half of voters support plan but many fear inflation will worsen, poll shows

Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.

Nearly 50% of voters support Biden's Build Back Better plan, a new poll showed. But many are also worried it could worsen inflation rates. Here's what that means for interest rates.

Getting life insurance while you're young and healthy can save you thousands

Getting life insurance while you're young and healthy can save you thousands

The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.

The longer you wait to lock in a life insurance premium, the higher your monthly rate will be. Find out how taking out life insurance while you're young and healthy can save you thousands of dollars.

Unemployment benefits claims hit 52-year low after seasonal adjustments

Unemployment benefits claims hit 52-year low after seasonal adjustments

Seasonal adjustments around the Thanksgiving holiday contributed significantly to the bigger-than-expected drop. Unadjusted, claims actually ticked up by more than 18,000 to nearly 259,000.

Seasonal adjustments around the Thanksgiving holiday contributed significantly to the bigger-than-expected drop. Unadjusted, claims actually ticked up by more than 18,000 to nearly 259,000.

College costs have risen at nearly 5x the rate of inflation, report finds

College costs have risen at nearly 5x the rate of inflation, report finds

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.

The average cost of tuition, fees and other expenses at higher education institutions are rising at a much faster rate than inflation, according to a recent study.