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US Weekly Claims Drop to 326,000, Beating Economist Estimates

Continuing claims, which count Americans receiving unemployment benefits, fell to 2.71 million for the week that ended September 25.

Initial claimsInitial jobless claimsUs jobless claimsJobless claimsUnemployment insuranceUs weekly jobless claimsWeekly jobless claimsEconomic indicatorsI graphicsLabor marketLabor market dataEn winckNdy kiersz

3 Reasons Why Gas Prices Are so High Right Now in the US

Gas prices are the highest they've been in seven years. Demand is up, domestic supply was hit by a hurricane and then there's overseas production.

Gas pricesHurricane idaNdy kiersz

Families Could Save Thousands on Childcare Under Reconciliation Plan

A new analysis shows that, in every state, the bill would save a family of four with an infant in full-time care a minimum on $6,000 a year.

Affordable childcareKyrsten sinemaJoe manchinBipartisan infrastructureI graphicsUliana kaplanNdy kiersz

Biden s Economic Agenda Is Tiny Compared to Federal Spending

The CBO projects that the US will spend about twice as much on the military over the next decade than the Democrats' social spending proposals.

Joe manchinJoe bidenReconciliation billInfrastructure bill 2021Ndy kierszUliana kaplan

Evergrande Saga Is the Beginning of a New Chinese and World Economy

China's real-estate titan is hurtling toward default. Its collapse would usher in a new China and several fresh problems for the world economy.

New yorkUnited statesHong kongWhite houseDistrict of columbiaGleland millerTravis lundyDominick donaldMorgan stanleyNew york timesTerms of serviceWashington postChinese communist partyChinese communistPresident xi jinpingChina beige book

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