WASHINGTON — The number of Americans seeking unemployment benefits fell for a third straight time last week, the latest sign that employers are laying off fewer people as they struggle to fill a record number of open jobs and meet a surge in consumer demand.
August 12, 2021Coronavirus
IEA Cuts Oil Demand Outlook on Virus

The International Energy Agency cut forecasts for global oil demand “sharply” for the rest of this year as the resurgent pandemic hits major consumers, and predicted a new surplus in 2022.
August 12, 2021Amazon Lottery Offers Vaccinated Workers Cars, $500,000 Cash
Amazon.com Inc. will offer cash prizes of as much as $500,000 as well as cars and vacation packages to frontline employees who can prove they have been vaccinated against COVID-19.
August 9, 2021Amazon’s Dilemma: Mandating Vaccinations Would Risk Losing Workers

The quandary facing America’s second-largest private employer is this: how to keep its facilities COVID-free without sparking a mutiny among workers who are desperately needed to keep operations running amid a tight labor market and strong online demand.
August 4, 2021Economy, Trucking Industry Roar Back
Economic indicators and forecasts from economists show trucking and the U.S. economy are in the midst of a strong recovery, though concerns remain about the persistent shortage of drivers and supply chain delays.
July 15, 2021Slow Vaccine Rates for Seafarers Threaten to Worsen Shipping Chaos

Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.
July 13, 2021Initial Jobless Claims Edge Up but Hold Near Pandemic Low

Applications for U.S. state unemployment insurance edged up last week, though remained near a pandemic low, as the labor market grinds its way toward a full recovery.
July 8, 2021State Jobless Claims Post Larger-Than-Expected Decline
Applications for U.S. state unemployment insurance fell last week by more than projected, reaching a fresh pandemic low and suggesting that dismissals are abating as the economy reopens and labor demand rises.
July 1, 2021US Economy Grows 6.4% in Q1
The U.S. economy grew at a solid 6.4% rate in the first three months of the year, setting the stage for what economists believe may be the strongest year for the economy in about seven decades.
June 24, 2021Key US Oil Storage Hub Seen Depleting as Producers Hold Tight
Crude oil inventories in America’s largest storage hub are falling fast as the post-pandemic demand rebound continues to outpace production.
June 24, 2021