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Business and Economic News

U.S. jobless claims rise but remain near a half-century low

U.S. jobless claims rise but remain near a half-century low

The number of people seeking unemployment benefits ticked up last week but remained at a historically low level, reflecting a robust U.S. labor market with near record-high job openings and few layoffs.
by The Associated Press

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Starbucks workers win streak of union elections, with no sign of slowing

Starbucks workers win streak of union elections, with no sign of slowing

Once seen as among the most generous of employers, Starbucks is now grappling with disillusionment among its workers. Since December, 20 stores have unionized with more filing for elections every day.
by Andrea Hsu

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Brewers hopeful as growler bill gains traction

After years of legislative gridlock, a bill to allow larger craft breweries to sell 64-ounce growlers at their tap rooms has passed out of a House committee. While full passage of the bill is far from guaranteed, some brewers are taking heart.
by Hannah Yang

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AP source: Women's hockey talks between rivals break down

AP source: Women's hockey talks between rivals break down

The Professional Women’s Hockey Players Association has decided to break off talks with the rival Premier Hockey Federation, the latest blow in a widening rift between two factions that contend they want to grow the sport in North America.
by The Associated Press

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The Library of Congress adds 25 titles, including Alicia Keys and Ricky Martin

The Library of Congress adds 25 titles, including Alicia Keys and Ricky Martin

The Library of Congress adds 25 new recordings to a national registry every year to be preserved for posterity. The 2022 list includes an album by Alicia Keys and historical broadcasts from WNYC.
by Neda Ulaby

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Why there are growing fears the U.S. is headed to a recession

Why there are growing fears the U.S. is headed to a recession

With inflation at a four-decade high, a growing number of forecasters worry the U.S. economy may be headed to a recession as the Fed gears up to raise interest rates aggressively.
by Scott Horsley

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