economy

WASHINGTON, D.C. (NBC) –If you have young children, look for an extra $250 in your bank account Thursday, or maybe more. Millions of families are getting their first payment from the expanded Child Tax Credit: $3,000 per child, more for some, in …

MEDFORD, Ore. – As the economy opens up, leisure and hospitality jobs are on the rise in the Rogue Valley. The Oregon Employment Department said during May, total payroll employment rose by 1,000 jobs in Jackson County and 410 jobs in Josephine …

WASHINGTON, D.C. (NBC) – Inflation is rising much faster than the Federal Reserve projected earlier this year. Federal Reserve Chairman Jerome Powell spoke following Wednesday’s meeting of the policy-making federal open market committee. Powell says the current inflation spikes are partly due …

NEW YORK CITY (NBC) – A new report exposing the tax information of very wealthy Americans is causing quite a stir from Washington and Wall Street to Main Street. According to leaked tax records, dozens of the richest people in the United …

SALEM, Ore. – Oregon Governor Kate Brown announced steps for lifting COVID-19 restrictions in the state. According to the governor’s standards, health and safety restrictions can be lifted after 70% of eligible Oregonians receive at least one vaccine dose.  As of June …

  WASHINGTON, D.C. (NBC) – The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low. According to the U.S. Labor Department’s weekly numbers, jobless claims dropped by 20,000 last week to 385,000. …

(NBC) – The U.S. jobs market is improving, slightly, according to the Labor Department. 406,000 people filed for first-time unemployment claims last week. This is well above the norms before the pandemic crisis began, but these numbers represent the closest to pre-pandemic …

SALEM, Ore. – Work requirements for Oregonians receiving unemployment benefits are about to kick in again. Due to the COVID-19 pandemic, the Oregon Employment Department suspended work requirements for those receiving Regular Unemployment Insurance or Pandemic Emergency Unemployment Compensation. Now, OED is …

SALEM, Ore. — Oregon’s emergency rental assistance portal is now online. With the pandemic came financial hardship for many individuals and families. Some of them had trouble coming up with enough money to pay rent. But now, the state has stepped in …

WASHINGTON, D.C. – The Biden administration announced Monday that about 39 million families will begin receiving monthly child tax credit payments for the first time. The payments are part of the expanded child tax credit program in the American Rescue Plan. Families …