Economy

Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else.

The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.

The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.

Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.

The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.

Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.

U.S. gas prices across the nation stand at about $3.25 per gallon.

One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.

Polk County Schools hired 60 teachers from all over the world to help fill vacancies they couldn't otherwise. It's part of a teacher exchange program where educators are provided housing and employed under J-1 visas.

Gas prices have jumped across the nation as oil prices reach a 7-year high, with the average price across the country now standing at about $3.25 a gallon.

The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”

The toy industry is being impacted by the shipping crisis in a big way, according to The Toy Insider editor-in-chief Marissa Silva.

More than 130 countries have agreed on a tentative deal that would make sweeping changes to how big, multinational companies are taxed in order to deter them from stashing their profits in offshore tax havens where they pay little or no tax.

U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.

A debt ceiling deal that would temporarily raise the limit through December has been reached with Republicans, Senate Majority Leader Chuck Schumer said.

U.S. unemployment claims were down by 38,000 to 326,000 last week, the first drop in four weeks.

US gas prices surged to $3.21 per gallon this week, marking the highest cost in seven years.