America’s jobs boom rolls on, fuelling fears of sustained inflation

(FILES) In this file photo taken on June 03, 2022, people walk past a "now hiring" sign posted outside of a restaurant in Arlington, Virginia. - The US economy continued to add jobs in June at a rapid pace, while the unemployment rate held steady at 3.6 percent and wages rose, according to government data released on July 8, 2022. There were 372,000 new positions added in the month, far more than economists expected, the Labor Deparment reported. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

It would normally be cause for unalloyed celebration. According to figures released on August 5th, America’s unemployment rate in July fell to 3.5%, matching a half-century low hit just before covid-19. Moreover, with nearly 530,000 jobs created last month—more than twice as many as expected—the economy has now recovered all of the jobs lost during … Read more

Discovery in paleontologist’s backyard reveals evidence of North America’s early humans | CNN

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN  —  The surprising discovery of mammoth fossils in a paleontologist’s backyard have led to an even more unexpected finding. The roughly 37,000-year-old remains of a female mammoth and her calf show distinct signs of … Read more

The future of America’s EV charging network takes shape

The federal government is doling out $5 billion to states to build a nationwide network of highway charging stations intended to get more people to buy electric vehicles. Why it matters: The taxpayer-funded charging network is a cornerstone of President Biden’s ambition to electrify America’s transportation sector. He wants half of all new cars sold … Read more

America’s best chicken wings: 6 local hotspots that rule the roost, say experts

NEWYou can now listen to Fox News articles! National Chicken Wing Day was first proclaimed, appropriately enough, by former Buffalo, N.Y. Mayor Stan Makowski in 1977.  The day of deliciousness is celebrated each July 29.  But every day is chicken-wing day to millions of hot-wing enthusiasts around the United States.  WINGSTOP CEO TOUTS FALLING CHICKEN … Read more

How Bacon and Costco Fish Shape America’s View of Inflation

Economic policymakers are razor focused on inflation expectations after more than a year of rapid price increases. Consumers explain how they’re thinking about rising costs. July 27, 2022 Inflation started in the bacon aisle for Dan Burnett, a 58-year-old former medical center administrator who lives in Margaretville, N.Y. Last summer, he began to notice that … Read more

Biden just took a major step towards solving America’s fuel crisis

President Joe Biden laughs during the White House Correspondents’ Association dinner in Washington, DC, on April 30, 2022.NICHOLAS KAMM/AFP via Getty Images The White House said it will guarantee buying some oil from drillers to replenish an emergency reserve. The Strategic Petroleum Reserve is releasing oil at record levels to help cut gas prices. Gas … Read more