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Latest Headlines in Economy


Signage is seen on the side of a delivery truck outside the Pepsi Beverages Co. plant in Louisville, Kentucky.

PepsiCo reports fastest sales growth in a decade as eateries reopen

The results show how far PepsiCo is down the road to recovery, with North American businesses bouncing back and millions of consumers venturing out again.

A job seeker arrives at a Job News USA career fair in Louisville, Kentucky.

US weekly jobless claims tick up to 373,000 from a pandemic low

Thursday’s report from the Labor Department showed that jobless claims increased by 2,000 from the previous week to 373,000.

A hiring sign is displayed at Firestone Complete Auto Care store in Arlington Heights, Ill.

US adds a solid 850,000 jobs as economy extends its gains

Friday’s report from the Labor Department was the latest sign that the reopening of the economy is propelling a powerful rebound from the pandemic recession.

A help wanted sign is posted outside of Dunkin' in Downtown Crossing.

US weekly jobless claims post larger-than-expected decline, but increase in Mass.

The rollout of vaccines has sharply reduced new COVID-19 cases, giving consumers the confidence to shop, travel, eat out and attend public events as the economy recovers.

Nancy Donnelly from South Boston shops at the L.L.Bean store in Boston's Seaport District in April.

Consumer confidence up in June, highest level since pandemic

US consumer confidence rose for a fifth month in June to the highest level since the pandemic began last year as households responded to increased vaccinations and the further re-opening of businesses.

Teenage workers at Chill on Park in Dorchester, Tahnyi Brown and Unique Berry wait on customers.

‘You can’t do anything but keep searching’: Despite hiring push, summer jobs can still feel hard to come by

As Boston’s economy revs up in this post-COVID-19 summer, there’s a disconnect in the labor market that’s baffling economists and workers alike.

The Marriner S. Eccles Federal Reserve building in Washington, D.C.

Fed expects to raise interest rates twice by late 2023 amid growing inflation

The Federal Reserve signaled Wednesday that it may act sooner than previously planned to start dialing back the low-interest rate policies that have helped fuel a swift rebound from the pandemic recession but have also coincided with rising inflation.

A Chipotle Mexican Grill sign in the Brooklyn borough of New York City. The fast-casual restaurant chain, which has 64 locations in Massachusetts, said last month that it would increase its average pay to $15 per hour nationally by the end of June.

These companies are raising wages and offering bonuses to attract more workers in Mass.

As businesses look to quickly ramp up their staffs in Massachusetts, some are offering extra incentives to get people on their payrolls.