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Hiring Picked Up Last Month, But The Economy Still Needs More Workers
U.S. employers added 559,000 jobs last month, as the unemployment rate fell to 5.8% from 6.1% in April. Employers say they could use even more workers as demand surges and pandemic fears recede.
A Sign Of Hope After 'Winter Hibernation': Employers Add 379,000 Jobs
Meanwhile, the unemployment rate dipped to 6.2% last month as the winter wave of coronavirus infections eased.
Consumer Prices Jumped. Should You Worry? That's Sparking A Heated Debate
Consumer prices jumped last month as businesses struggled to keep pace with booming demand, but the Biden administration and the Federal Reserve say the uptick in inflation is likely to be temporary.
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•
3:18
Maria Sharapova Retires At 32: 'Tennis —I'm Saying Goodbye'
In an essay, Sharapova says she is stepping away from the sport she's been playing for 28 years. She's a five-time Grand Slam champion and former No. 1, who also served a 15-month ban for doping.
Labor Department Reports U.S. Job Market Improvements In March
U.S. employers added 916,000 jobs in March and the unemployment rate dropped to 6%. President Biden welcomed the Labor Department's strong report, but cautioned the pandemic recession is not over yet.
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3:36
Kicked off Facebook and Twitter, far-right groups lose online clout
In the year since the January 6th Capitol attack, far-right influencers and extremists are taking new approaches to organizing online.
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3:48
It's money v. principle in Supreme Court opioid case
The justices struggled to decide whether to give a thumbs up or thumbs down to the multi-billion dollar Purdue Pharma bankruptcy deal--a deal meant to compensate victims of OxyContin.
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4:20
Trump-endorsed Senate candidate Bernie Moreno wins Ohio's GOP Primary
The former car dealership owner beat out other primary challengers in a three-way race that tested former President Donald Trump's influence over Ohio GOP voters.
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3:21
Trump team responds after 'Republicans for Harris' call Trump 'unfit' to be president
At its first rally, "Republicans for Harris" encouraged fellow conservatives to vote for Democrats over former President Donald Trump. The Trump team responded, calling Harris "dangerously liberal."
Consumer advocates: Spike in electric bills shows Indiana energy plan isn't working
he average resident in Indiana is paying 28 dollars a month more for electricity than they did last year. That’s according to an analysis by the group Citizens Action Coalition that looked at electric bills from Indiana’s five investor-owned utilities.
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