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Inflation is starting to look like that unexpected — and unwanted — houseguest who just won’t leave.

WASHINGTON (AP) — A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for a financially difficult Thanksgiving and holiday shopping season. Prices for U.S. consumers jumped 6.2% in October compared with a year earlier, leaving families facing their highest inflation rate since 1990, the […]

WASHINGTON (AP) — America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession is overcoming a virus-induced slowdown. Friday’s report from the Labor Department also showed that the unemployment rate fell to 4.6% last month, from 4.8% in September. That […]

At least 18 billionaires, and hundreds of other ultra-wealthy Americans, received stimulus checks from the CARES Act in 2020, an investigation by ProPublica found.

As the U.S. confronts rising inflation, slower job gains and a crippled supply chain, a new study finds that the Americans most in need of a stimulus check at the beginning of the pandemic continue to suffer most.

While another stimulus check is unlikely, that doesn’t mean there aren’t people, including lawmakers, pushing for another direct payment.

WREG  News Channel 3 in Memphis is the leading source for local Memphis news, and works closely with Nexstar news partners across the Mid-South from Tennessee to Mississippi and Arkansas. Our regional partnerships enhance the impact of our journalism, as we strive to curate uniquely relevant experiences for our local readers in metro Memphis and […]

WASHINGTON (AP) — Boasting that government policies can make a difference in improving the economy, President Joe Biden went too far Thursday in taking credit for job growth since taking office. He also made a dubious suggestion that wrongdoing is behind higher gasoline prices — something that his administration will seek to fix. But analysts […]

(KTLA) – The IRS this week warned people to be aware of scams tied to federal stimulus checks after the agency’s Criminal Investigation unit received a record number of reports in June and July. In particular, the IRS is cautioning recipients of COVID-19 relief payments about a recent rise in phishing scams. “Even though taxpayers […]

The Department of Children’s Services has extended the deadline for former foster youth to apply for federal stimulus funds to assist with living expenses. The department received has $7.4 million in stimulus funds available for Tennessee youth.

Progressive Democratic lawmakers on Friday proposed legislation that would hand over recurring stimulus checks, or guaranteed income, with monthly payments of up to $1,200 for adults and $600 for children.