Economy

The effects of the COVID-19 pandemic and labor shortages were already difficult. Then came the wildfires.

Even the Grinch can't stop shoppers in what's predicted to be a record holiday season.

Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall

The bargain store has been testing the increase for months and says it's not a reaction to the current surge in inflation, though it will help.

President Biden has tapped Jerome Powell to serve a second term as chairman of the Federal Reserve as the economy faces huge challenges, including surging inflation.

The Farm Bureau's Thanksgiving report says the average cost of dinner for 10 people is $53.31. But don't cancel your meal yet: the cost for a turkey has already dropped since the survey was taken.

The number of Americans applying for unemployment benefits fell for the seventh straight week to a pandemic low 268,000.

The leisure and hospitality sector, which was hit hard by the COVID-19 pandemic, and the broad professional and business services sector led the expansion in October.

Americans quit their jobs at a record pace for the second straight month in September, while businesses and other employers continued to post a near-record number of available jobs.

Airports in Medford, Eugene and Klamath Falls are among those getting federal funds to help cover costs associated with the pandemic.