Retail sales drop 1.9% in December following early holiday rush
Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Consumers paying more as inflation hits 40 year high
Inflation has increased at its fastest pace since the 1980s, according to a new report by the US Labor Department.
Inflation has increased at its fastest pace since the 1980s, according to a new report by the US Labor Department.
US shoppers 'astounded' by thinning grocery store supplies: 'It's just empty shelves'
"It's like a Soviet store during 1981. It's horrible," one man said.
"It's like a Soviet store during 1981. It's horrible," one man said.
Inflation surges in December to highest rate since 1982
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
$29,000 for an average used car? Would-be buyers are aghast
The days when just about anyone with a steady income could wander onto an auto lot and snag a reliable late-model car or buy their kid’s first vehicle for a few thousand dollars have essentially vanished. “I’ve never seen anything remotely close to this — it’s craziness.”
The days when just about anyone with a steady income could wander onto an auto lot and snag a reliable late-model car or buy their kid’s first vehicle for a few thousand dollars have essentially vanished. “I’ve never seen anything remotely close to this — it’s craziness.”
Hawks look to hire hundreds during holiday job fair
The Atlanta Hawks and State Farm Arena held a Holiday Hiring Fair on Tuesday looking to fill some 350 job openings.
The Atlanta Hawks and State Farm Arena held a Holiday Hiring Fair on Tuesday looking to fill some 350 job openings.
GE Appliances to invest $118M in Georgia factory, hiring 600
GE Appliances, a unit of Chinese appliance maker Haier, announced Tuesday that it will invest more than $118 million to expand its factory in northwest Georgia, hiring 600 additional workers by the end of 2024.
GE Appliances, a unit of Chinese appliance maker Haier, announced Tuesday that it will invest more than $118 million to expand its factory in northwest Georgia, hiring 600 additional workers by the end of 2024.
Georgia job seekers still below pre-pandemic numbers, state unemployment sets new record low
The Georgia Department of Labor reported a record number of employed Georgians in November and the unemployment rate was the lowest in recorded history.
The Georgia Department of Labor reported a record number of employed Georgians in November and the unemployment rate was the lowest in recorded history.
Biden, Manchin at odds over $2T social spending bill, AP source says
According to a person familiar with the talks, President Joe Biden and Sen. Joe Manchin are said to be sharply divided over Democrats’ huge social and environmental bill.
According to a person familiar with the talks, President Joe Biden and Sen. Joe Manchin are said to be sharply divided over Democrats’ huge social and environmental bill.
Rivian to build $5B electric truck plant in Georgia
Electric vehicle maker Rivian Automotive will build a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers.
Electric vehicle maker Rivian Automotive will build a $5 billion battery and assembly plant east of Atlanta that’s projected to employ 7,500 workers.
A mega project in the heart of Downtown could change the face of Atlanta
The hotly debated Gulch Project in Downtown Atlanta has a wow factor for sports fans.
The hotly debated Gulch Project in Downtown Atlanta has a wow factor for sports fans.
Hobby Lobby raises minimum wage to $18.50 an hour
Hobby Lobby workers will be getting a raise to ring in the new year. The craft store chain announced it will raise its minimum full-time hourly wage to $18.50, effective January 1, 2022.
Hobby Lobby workers will be getting a raise to ring in the new year. The craft store chain announced it will raise its minimum full-time hourly wage to $18.50, effective January 1, 2022.
Gas prices in Georgia dropping ahead of the holidays
The current average is just under $3.15 in Georgia, according to the AAA.
The current average is just under $3.15 in Georgia, according to the AAA.
Green Monday will have holiday shoppers racing against shipping deadlines
Holiday shopping on Green Monday this year may not guarantee your gift still comes on time, given widespread supply chain issues and the fact that some shipping deadlines have already passed.
Holiday shopping on Green Monday this year may not guarantee your gift still comes on time, given widespread supply chain issues and the fact that some shipping deadlines have already passed.
Debt ceiling: Biden signs fast-track plan to prevent default
The Senate approved a bill that will clear the way for Congress to raise the debt ceiling with a simple-majority vote before the projected Dec. 15 deadline.
The Senate approved a bill that will clear the way for Congress to raise the debt ceiling with a simple-majority vote before the projected Dec. 15 deadline.
US consumer inflation rate up 6.8% in past year, highest since 1982
Prices for U.S. consumers jumped 6.8% in November compared with a year earlier, the highest annual inflation rate in 39 years.
Prices for U.S. consumers jumped 6.8% in November compared with a year earlier, the highest annual inflation rate in 39 years.
US jobless claims hit lowest level in 52 years amid seasonal volatility
U.S. unemployment claims dropped to 184,000 last week, the lowest since September 1969 — offering more evidence that the job market is recovering.
U.S. unemployment claims dropped to 184,000 last week, the lowest since September 1969 — offering more evidence that the job market is recovering.
US employers posted near-record 11 million open jobs in October
U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.
Debt ceiling: House passes bill paving way for increase ahead of deadline
The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.
The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.
Treasury targets all-cash real estate deals in anti-corruption effort
The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.
The Treasury Department may expand reporting requirements on all-cash real estate deals to help crackdown on bad actors' use of the U.S. market to launder money made through illicit activity.