Wages are also growing at a slower but still-healthy pace. In November, average hourly pay rose 4 percent from 12 months earlier.

The Commerce Department said the economy expanded last quarter at the fastest pace in nearly two years — and more than twice the 2.1% annual rate of the previous quarter.

The village of Cary expects to finalize this week a purchase of the land where the old train station was from Union Pacific Railroad.

The U.S. economy accelerated unexpectedly to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight against inflation

Governor, senators and hundreds come to celebrate grand opening of electric bus and truck plant.

Amazon’s cloud computing unit Amazon Web Services experienced an outage on Tuesday, affecting publishers that suddenly found themselves unable to operate their sites.

The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool.

Republicans have threatened to let the government default on its debts by refusing to raise the statutory limit on what it can borrow unless President Joe Biden and the Democrats accept sharp spending cuts and other concessions.

Stellantis is telling owners of nearly 220,000 Jeep Cherokee SUVs worldwide to park them outdoors and away from other vehicles because the power liftgates can catch fire even when the engines are off