US initial jobless claims edge slightly higher

Slightly more Americans filed for jobless claims last week but the labor market remains one of strongest parts of the U.S. economy.

Waning consumer demand puts US ports ’in a very different place’ than a year ago

Back in January, 109 container ships waited off the California coast to unload cargo...

House panel says lax screening helped facilitate PPP fraud

Financial technology firms abdicated their responsibility to screen out fraud in applications for a federal program designed to help small businesses stay open

Despite strong economic numbers, recession remains a threat

Joe Biden assured Americans today that the U.S. economy is chugging along in the...

Sen. Kennedy has would-be governor candidates playing waiting game

As the election for Louisiana's next governor creeps closer, all eyes are on Republican U.S. Sen. John Kennedy.

Strong US hiring, wage gains in November hamper Fed’s inflation fight

The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing...

Is now the right time for your business to buy real estate? 

For small businesses hoping to establish or expand their brick-and-mortar presence, it may seem...

Average long-term mortgage rates dip for third week in a row

The average long-term U.S. mortgage rate ticked down for the third week in a row and has fallen more than a half-point since hitting a 20-year high less than a month ago.

US initial jobless claims fell back last week

The number of Americans applying for unemployment benefits came back down last week, hovering near levels suggesting the U.S. labor market has been largely unaffected by the Federal Reserve's aggressive interest rate hikes.

House votes to prevent rail strike, impose deal on unions

The U.S. House moved urgently Wednesday to head off the looming nationwide rail strike, passing a bill that would bind companies and workers to a proposed settlement that was reached in September but rejected by some of the 12 unions involved.