The Federal Reserve will pick up the pace at which it's pulling back its support for the economy as inflation surges, and it expects to raise interest rates three times next year.
A federal appeals court panel today lifted a nationwide ban against President Joe Biden’s vaccine mandate for health care workers, instead blocking the requirement in only certain states and creating the potential for patchwork enforcement across the country. The mandate is still blocked in Louisiana.Â
An outpouring of legislative opposition and a likely threat of litigation aren't changing Gov. John Bel Edwards' mind about requiring some Louisiana students to get the COVID-19 vaccine during the next school year or file a written opt-out form.
Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans enduring their highest annual inflation rate in 39 years.
The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the U.S. job market is recovering from last year's recession.Â
U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
When lawmakers set aside $300 million in federal pandemic aid in June to help upgrade Louisiana’s antiquated water and sewer systems, they talked about the urgent need for improvements and maintenance. But the dollars have taken longer than expected to divvy up.