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249 Results / Page 5 of 28

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U.S. jobs
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National

U.S. adds more than 530,000 jobs in October

Ends two-month labor skid

WASHINGTON (UPI) -- After two extremely disappointing reports in August and September, the Labor Department on Friday said more than a half-million jobs were added to the U.S. economy in October -- soundly beating what most analysts had predicted. The department said in its monthly report that 531,000 jobs were added last month. In the run-up to Friday's report, most economists projected about 450,000 jobs. The official assessment came after the September report flatlined with about 300,000 fewer jobs than […]

todayNovember 5, 2021 24

Federal Reserve Jerome Powell
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Business & Lifestyle

Federal Reserve to announce end of bond-buying program

WASHINGTON (UPI) -- The Federal Reserve opened a two-day meeting on Tuesday at which Chairman Jerome Powell is expected to announce the tapering of the Fed's bond-buying program, which was enacted as an emergency response to COVID-19. Powell and the Fed have resisted ending the program so far, but there's now pressure to start winding down $120 billion in monthly purchases due to changing economic conditions. Amid rising inflation, Powell has indicated that the Federal Reserve Board will begin to […]

todayNovember 3, 2021 8

salmonella
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National

Mystery salmonella outbreak sickens hundreds

WASHINGTON (UPI) -- The U.S. Center for Disease Control and Prevention said Thursday it's investigating the cause of a salmonella outbreak that's sickened 419 people in 35 states. Public health officials haven't tied the illnesses to any specific food item and they're seeking help from the public to track down the cause. Of the hundreds sickened, 66 have been hospitalized. No deaths have been associated with the outbreak. The CDC said it first started receiving reports of people sick with […]

todaySeptember 30, 2021 17

U.S. stocks treasury
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Business & Lifestyle

U.S. stocks trade mixed as 10-year treasury yield fluctuates

NEW YORK (UPI) -- U.S. stocks traded mixed on Wednesday as the 10-year treasury yield fluctuated, sending tech stocks lower. The Dow Jones Industrial Average gained 90.73 points, or 0.26%, and the S&P 500 gained 0.16%, while the tech-heavy NASDAQ Composite lagged behind, falling 0.24%. The NASDAQ opened up about 0.5% after dropping 2.8% on Tuesday as the 10-year treasury yield fell below 1.5% but bounced back above 1.54% in the afternoon. Netflix stock gained 2.61% and Apple stock increased 0.65%, […]

todaySeptember 29, 2021 16

Federal Reserve Jerome Powell
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Consumer Alerts

Federal Reserve keeps interest rates unchanged at near-zero

WASHINGTON (UPI) -- The Federal Reserve on Wednesday held steady on its benchmark lending rate, leaving it near zero and warning that an increase could be coming as the economy rebounds from the COVID-19 pandemic. The Federal Open Market Committee concluded its two-day meeting with a statement saying interest rates will remain at 0% to 0.25%, the same level since March 2020, the beginning of the economic downturn. The statement said the status of the U.S. economy continues to depend […]

todaySeptember 22, 2021 5

Joe Biden
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National

President Joe Biden withdraws nomination of David Chipman as ATF chief

WASHINGTON (UPI) -- President Joe Biden on Thursday withdrew his nomination of David Chipman to serve as head of the Bureau of Alcohol, Tobacco, Firearms, and Explosives. Biden blamed Republicans in Congress for blocking Chipman's confirmation. "Unfortunately, Republicans in Congress have made clear that they intend to use gun crime as a political talking point instead of taking serious steps to address it," he said in a statement. Chipman issued a statement to CNN saying he was honored to be […]

todaySeptember 9, 2021 15

QAnon Shaman Capitol riot
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National

‘QAnon shaman’ expected to plead guilty to Capitol riot charges

WASHINGTON (UPI) -- An accused Capitol rioter known as the "QAnon shaman" is set to plead guilty in his criminal case related to the insurrection, according to a court filing released Thursday. Jacob Chansley -- who also goes by the name Jake Angeli -- faces six charges related to his actions during the Jan. 6 riot but the court docket filed Thursday did not indicate which charges he is expected to plead guilty to. "The path charted by Mr. Chansley […]

todaySeptember 2, 2021 10

9lNXNg
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National

Biden administration unveils $3 billion in economic recovery grants

WASHINGTON (UPI) -- Commerce Secretary Gina Raimondo announced Thursday what is believed to be a historic $3 billion in grants to aid communities not only recover from the coronavirus pandemic but to come out of it with more jobs and a stronger economy. The program collectively called Investing in America's Communities aims to funnel funds to communities nationwide to spur new industries, create workforce training and apprenticeship programs, accelerate travel and tourism, equip indigenous communities with services such as broadband […]

todayJuly 23, 2021 4

Senate Republicans block debate on bipartisan infrastructure bill
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National

Senate Republicans block debate on bipartisan infrastructure bill

WASHINGTON (UPI) -- Senate Republicans on Wednesday blocked a procedural vote to advance a massive bipartisan infrastructure bill, saying it is premature to do so while negotiators are still ironing out its details. Following through on warnings this week that Senate Majority Leader Chuck Schumer's bid to open debate on the measure is coming too soon, GOP senators mustered 49 votes to block consideration of the measure. The infrastructure bill, ultimately expected to be worth $600 billion, has been tagged […]

todayJuly 21, 2021 3

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