The Labor Department reported 473,000 new seasonally adjusted claims for jobless benefits made in the week ended May 8, fewer than expected and 34,000 less than the previous week's upwardly revised level.
While wholesale prices and food costs increase, experts say it's to be expected when coming out of a recession.
Cryptocurrency fans have counted Tesla boss Elon Musk as among their champions, but this week he rocked their world by questioning the future of the digital assets and singling out carbon emissions from bitcoin mining for particular criticism.
President Biden said the Republicans met with him in "good faith," but Sen. Mitch McConnell seemed to suggest there was no room for cooperation.
Those vaccinated against COVID do not need to wear masks except under certain circumstances, the CDC said.
Officials are hopeful they can restore full functionality by next week, but in the meantime the Southeast is dealing with lines, soaring prices and shortages.
McDonald's franchisee workers still plan on striking on May 19 as they demand a wage of at least $15 per hour.
The latest from the Consumer Price Index shows a 4.2% rise in 12 months. A closer look at the data, however, reveals that's not as alarming as it sounds.
"Wow, you change your mind faster than a chameleon changes colors," one Twitter follower said of Musk.
The banks would look at a consumer's bank accounts to determine whether or not to extend credit without a credit score.
Boeing on Thursday said it had received approval from US regulators for a fix to an electrical problem that has grounded more than 100 737 MAX planes globally since early April.
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