Jobless Claims Hit Pandemic Low Amid Recovery Signs
The Labor Department reports 310,000 americans filed new unemployment claims, a pandemic low, as delta variant cases rise but layoffs stay limited. Claims fell from 345,000 the prior week, continuing a steady decline since peaking near 900,000 in January. Meanwhile federal aid expired for gig workers and long term unemployed, affecting over 8 million claimants.
Amazon to open cashierless Whole Foods stores next year
Amazon plans cashierless Whole Foods openings at two locations next year. Cameras and sensors track items taken from shelves and charges post-exit to Amazon accounts. An option to shop the traditional way will also be available.
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Whole Foods
Ida Damage Spurs Push for Faster Infrastructure Upgrades
Lawmakers from both parties cite Ida flooding across the Gulf Coast to the Northeast as proof aging power lines roads bridges and transit need upgrading. The disaster left scores dead from Virginia to Connecticut and Louisiana Mississippi and Alabama. Leaders push to pass a nearly trillion dollar infrastructure bill and a 3.5 trillion climate focused package this month amid partisan resistance and budget hurdles.
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Congress
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D-N.y
Joe Biden
U.S
NOAA
Industry Rankings Money Fund Data Provided by iMoneyNet
Industry rankings for money market funds sourced from iMoneyNet Inc. outline performance metrics, assets, and category standings. The data highlights leading funds, tracking methods, and comparator groups used to assess fund efficiency and risk levels.
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