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US inflation jumped 7.5% in the past year, a 40-year high

WASHINGTON (AP) — Inflation soared over the past year at its highest rate in four decades, hammering America's consumers, wiping out pay raises and reinforcing the Federal Reserve's decision to begin raising borrowing rates across the economy. The Labor Department said Thursday that ...

US jobless claims rise to 286,000, highest since October

WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level in three months as the fast-spreading omicron variant continued to disrupt the job market. Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since ...

AT&T, Verizon pause some new 5G after airlines raise alarm

AT&T and Verizon will delay launching new wireless service near some airports after the nation's largest airlines said the service would interfere with aircraft technology and cause massive flight disruptions. The decision from the telecommunication companies arrived Tuesday as the Biden ...

US inflation soared 7% in past year, the most since 1982

WASHINGTON (AP) — Inflation jumped at its fastest pace in nearly 40 years last month, a 7 percent spike from a year earlier that is pushing up household expenses, eating into wage gains and heaping pressure on President Joe Biden and the Federal Reserve to address a growing threat to the ...

A record 4.5 million Americans quit their jobs in November

WASHINGTON (AP) — A record 4.5 million American workers quit their jobs in November, a sign of confidence and more evidence that the U.S. job market is bouncing back strongly from last year's coronavirus recession. The Labor Department also reported Tuesday that employers posted 10.6 ...

Susquehanna Valley breweries hold strong, carry on during pandemic

Just two states boast more craft breweries than Pennsylvania and only one produces more barrels of beer than the Keystone State. According to the national trade group Brewers Association, Pennsylvania’s 444 craft breweries trails only New York and California. The 3.1 million barrels ...