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White House to extend student loan payment pause through August

Apr 5, 2022
Borrowers will not be asked to make payments until after Aug. 31, and interest rates are expected to remain at 0% during that period.
Robyn Beck/AFP via Getty Images

Amazon workers in Staten Island vote to form company's first U.S. union

Apr 1, 2022
Amazon's union campaigns come at a time of widespread labor unrest at many corporations, including Starbucks.
Organizer Chris Smalls speaks following Friday's vote to unionize the Amazon Staten Island warehouse, the first U.S. union at the e-commerce giant.
Andrea Renault/AFP via Getty Images

U.S. added 431,000 jobs in March in sign of economic health

Apr 1, 2022
Despite the inflation surge, persistent supply bottlenecks, the damaging effects of COVID-19 and now a war in Europe, employers have added at least 400,000 jobs for 11 straight months.
Justin Sullivan/Getty Images

Fed announces interest rate hike to combat inflation

Mar 16, 2022
With more likely to follow, the rate hikes will eventually mean higher loan rates for many consumers and businesses.
Federal Reserve Chair Jerome Powell is hoping that the rate hikes will raise borrowing costs enough to tame inflation but not so much as to send the economy into recession.
Tom Williams/Pool/AFP via Getty Images

Biden announces ban on Russian oil imports

Mar 8, 2022
Gas prices have already been on the rise since the Russian invasion of Ukraine. The move is likely to increase prices at the pump even more.
In retaliation for their invasion of Ukraine, for President Joe Biden announced a ban on U.S. imports of Russian oil and gas on Tuesday — one of the current lifelines for the Russian economy.
Jim Watson/AFP via Getty Images

US gas prices rise again on talk of banning Russian oil

Mar 7, 2022
Although the United States is the world’s largest oil producer, it can’t meet domestic demand with domestic oil.
A group of oil tankers moored at a Texas oil refinery near Trinity Bay just outside of Houston, Texas, loading oil for export throughout the world.
Art Wager/Getty Images

U.S. added 678,000 jobs in February in a sign of economic health

Mar 4, 2022
The Labor Department’s report Friday also showed that the unemployment rate dropped from 4% to 3.8%.
The latest jobs data follows recent reports that have shown an economy maintaining strength as new COVID infections have plummeted since late January.
Tim Boyle via Getty Images

US unemployment claims rise third straight week to 362,000

Sep 30, 2021
Adjustments in California were largely responsible for last week's increase in filings.
A Now Hiring near the entrance to a Miami Grill restaurant on September 21, 2021 in Hallandale, Florida.
Joe Raedle/Getty Images