(NBC) The U.S. economy grew at the fastest pace ever in the third quarter. The Commerce Department says gross domestic product expanded at 33 percent. Increased consumption, gains in business and residential investment, and exports fueled the rebound. However, there ...
(NBC News) Most shoppers who traditionally rush to Black Friday sales will instead be crowding online checkouts this year. Retailers and shoppers are still facing uncertainty about the holidays due to the COVID-19 pandemic. Weeks before Halloween, retailers are already ...
WASHINGTON, D.C. (NBC) – Americans are still hitting the unemployment lines in large numbers. The Labor Department reports that 898,000 people filed for first-time unemployment claims last week. That was higher than analysts expected. This was the highest number of ...
WASHINGTON, D.C. (NBC) – The stalled coronavirus stimulus bill that has millions of Americans concerned is especially troubling for those in the airline industry, hit hard by the pandemic. Tens of thousands have been furloughed and more job losses could ...
WASHINGTON, D.C. (NBC) — The president appeared to back-track overnight and support some stimulus for the economy. It comes just hours after abruptly calling off talks on Twitter, saying there will be no relief until after Election Day. President Trump ...
WASHINGTON, D.C. (NBC) – President Donald Trump has ended COVID stimulus negotiations until after the election. The president announced the decision through his Twitter account Tuesday afternoon. He told his administration’s negotiators to end the coronavirus stimulus talks with Democrats ...
WASHINGTON, D.C. (NBC) — Non-farm payrolls rose by a lower than expected 661,000 in the month of September. This represents a slide from the 1.5 million jobs added in August and the 4.8 million jobs added in June. In the ...
KLAMATH FALLS, Ore. — Klamath Community College received a $3-million grant to fund the construction of a new apprenticeship center. The U.S. Economic Development Administration awarded the grant to KCC, which will create a workforce pipeline starting in high school ...
MEDFORD, Ore. — An Oregon based sandwich chain has been struggling to get back to pre-pandemic levels of business, despite local economies reopening. The Heroes American Cafe chain owner tells me before the pandemic he had big plans to expand ...
MEDFORD, Ore. – Many local businesses are struggling to survive through the pandemic. The director of the Small Business Development Center at SOU said they are doing more than their part to make sure companies survive this difficult time. He ...