Government, Business

Biden to Launch Task Force on Bottlenecks in Supply Chains

WASHINGTON — The Biden administration has completed a 100-day review of supply chains and will form a task force to address the bottlenecks in the semiconductor, construction, transportation and agriculture sectors.

Josh Boak | The Associated Press
June 8, 2021
Government, Business, Fuel

Biden Warns Against Gas Price Gouging After Cyberattack

President Joe Biden warned gasoline stations not to engage in any price gouging as motorists wait for fuel to start flowing reliably through the Colonial Pipeline, which reopened on May 12 after falling victim to a cyberattack.

Josh Boak | The Associated Press
May 13, 2021
Government, Business

White House Grades States’ Infrastructure as It Pushes Bill

WASHINGTON — President Joe Biden wants Congress to know he’s sincere about cutting a deal on infrastructure, but the White House is also highlighting needed repairs and upgrades state-by-state that cost far more than what Republicans are willing to spend.

Josh Boak | The Associated Press
April 12, 2021
Government, Business

CBO Projects 4.6% Growth, Jobs Lag in 2021

The U.S. economy is projected to grow at a robust 4.6% annual rate this year, but employment isn’t expected to return to pre-pandemic levels until 2024, the Congressional Budget Office said Feb. 1.

Josh Boak | The Associated Press
February 1, 2021
Government, Business, Logistics

US Sales of Existing Homes Jump 20% After 3-Month Slump

Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months. But the housing market could struggle to rebound further in the face of the resurgent viral outbreak and a shrinking supply of homes for sale.

Josh Boak | The Associated Press
July 22, 2020
Government, Business

Survey: 2.76 Million Layoffs in May, Far Fewer Than Expected

U.S. businesses shed 2.8 million jobs in May, significantly less than the 9.3 million job losses that were expected.

Josh Boak | The Associated Press
June 3, 2020
Government, Business

New-Home Sales Climbed 7.9% in January

WASHINGTON — U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth.

Josh Boak | The Associated Press
February 26, 2020
Government, Business, Fuel

US Adds 145,000 Jobs; Unemployment Holds at 3.5%

WASHINGTON — U.S. employers downshifted their hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors.

Josh Boak | The Associated Press
January 10, 2020
Government, Business

Survey: US Companies Added 202,000 Jobs in December

BALTIMORE — U.S. companies added 202,000 jobs in December, led by robust hiring in construction, trade, transportation and utilities, according to a private survey.

Josh Boak | The Associated Press
January 8, 2020
Government, Business, Equipment

Manufacturing Activity Falls to Lowest Level in Decade

WASHINGTON — U.S. manufacturing activity fell to the lowest level in more than a decade, as the sector was hurt by weakening demand and last year’s global economic slowdown.

Josh Boak | The Associated Press
January 3, 2020