Georgia gas prices continue to rise over summer demand

Get ready for some pain at the gas pump if you're planning on fueling up across Georgia this week.

Report: Full-time minimum wage workers can only afford rent in 7% of US counties

A recent report from the National Low Income Housing Coalition found that full-time minimum-wage workers can’t afford rent in most areas of the U.S.

Report: Florida residents need to earn $25 an hour to afford rent

According to a new report, renters in the state of Florida need to make at least $24.82 an hour in order to comfortably afford a two-bedroom home or apartment -- and in some parts of the state, they need to earn a lot more.

Increase mirrors US as Georgia employers add jobs in June

The big June jump in payrolls nationwide was also seen in Georgia, as the state’s employers added more than 30,000 workers, continuing to close the gap with how many workers were employed before the pandemic.

American unemployment claims fall to 360,000, another pandemic low

The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.

Senate Democrats reach $3.5 trillion budget agreement

Senate Democrats say that they have reached a budget agreement among themselves that envisions spending an enormous $3.5 trillion over the coming decade.

Consumer prices saw largest inflation spike in June since 2008

Consumer prices in June rose 0.9% from May and 5.4% over the past year — the sharpest 12-month inflation spike since June 2008.

Congress considers tax break for caregivers

According to the AARP, caregivers spend thousands each year to help their loved loves live at home. Now Congress is looking at a tax break to give them some relief.

Georgia tax revenue leaps more than $3B over last year

Georgia’s state tax receipts jumped by more than $3 billion in the budget year ended June 30, Gov. Brian Kemp announced Monday, setting up an election-year session in which lawmakers will have many options for new spending or tax cuts.

The US Postal Service’s higher postage rates could harm local newspapers

The U.S. Postal Service’s plans to raise postage rates could present one more damaging blow to community newspapers already reeling from the coronavirus pandemic and advertising declines.

US unemployment claims tick up to 373,000 from a pandemic low

U.S. unemployment claims rose slightly last week by 2,000 to a total of 373,000, even as the economy and the job market appear to be rebounding.

Patio furniture shortage tells US economic tale

It’s almost the mirror opposite of the recovery from the Great Recession of 2007-2009, which was marred by slow growth but also the near-instant delivery of almost every imaginable product.

Newnan denied federal funds following EF-4 tornado

In an exclusive interview with FOX 5, Insurance Commissioner John King said FEMA’s decision is unprecedented. Historically, funding is not denied to victims in an area that the president has issued a major disaster declaration.

June jobs report: US adds 850,000 jobs as economy extends its gains

U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.

US unemployment claims fall to 364,000, a new pandemic low

U.S. unemployment claims dropped by 51,000 last week to 364,000, the lowest level since the pandemic began in 2020.

S&P rallies to record as first half winds down

The benchmark index climbed 0.13% while the Dow Jones Industrial Average rose 210 points, or 0.61%.

Home prices surge by most on record

Home prices rose 14.6% year over year nationally in April, according to the national Case-Shiller index, making for the highest reading in more than 30 years of recordkeeping.

Puerto Rico to receive nearly $4B in US pandemic relief funds

Strict conditions had prevented the U.S. territory from receiving certain federal funds in a timely manner under the Trump administration, but these have been easing under President Biden.

Georgians to lose payments as state ends expanded unemployment benefits

Georgia could keep using federal funding to pay the benefits through Sept. 6. But like 21 other Republican-led states, Georgia announced it was withdrawing from the programs early.