Parts of the Mississippi River are so low from weeks of drought that barge traffic is being limited at the worst possible time—as crop harvests begin.
The number of Americans filing for jobless benefits dropped last week, a sign that few companies are cutting jobs despite high inflation and a weaker economy.
The number of Americans filing for jobless benefits rose slightly last week with the Federal Reserve pushing hard to cool the economy and tamp down inflation.
Roughly $8.28 billion in relief funds have been disbursed to 162 community financial institutions across the country, through Treasury’s Emergency Capital Investment Program, officials said Wednesday.
Intensifying its fight against high inflation, the Federal Reserve raised its key interest rate today by a substantial three-quarters of a point for a third straight time and signaled more large rate hikes to come