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Hiring Rebounds In June As Employers Add 224,000 Jobs
By: Scott Horsley | NPR
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Job growth rebounded strongly last month as employers added 224,000 jobs. That followed a disappointing May when employers added just 72,000 jobs.
Fed Ponders When To Cut Interest Rates
By: Scott Horsley | NPR
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There’s an unusual air of suspense surrounding the Federal Reserve’s policy meeting, with the possibility that the central bank could cut rates for the first time in nearly 11 years.
Powering Down: Ohio Community Reckons With Coal Plant Closure
By: Brittany Patterson | Ohio Valley ReSource
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Brick buildings line the wide sidewalks of Main Street in downtown Coshocton, Ohio. On a recent spring day the dogwood trees are blooming. Bright red and white tulips dot the grassy public square, home to the local courthouse and a gazebo. There are barber shops, an optometrist, a florist, a railroad-themed steakhouse is open for… Read More
U.S. Economy Powers Ahead In First Quarter: 3.2% Growth
By: Scott Horsley | NPR
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The Commerce Department says the U.S. economy picked up steam in the first three months of the year. GDP grew at an annual rate of 3.2% in the first quarter, up from 2.2% at the end of 2018,
U.S. Jobs Rebound To Solid Growth; Unemployment Holds At 3.8 Percent
By: Scott Horsley | NPR
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Employers added 196,000 jobs in March, bouncing back from February’s weak growth, the Labor Department said Friday. The jobless rate was unchanged at nearly 50-year lows.
U.S. Economy Grew 2.9 Percent In 2018, Just Below Trump’s Target
By: Jim Zarroli | NPR
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The U.S. economy expanded at a solid 2.6 percent rate during the last three months of 2018, but growth was significantly lower than it had been earlier in the year as the boost from tax cuts waned.
New ARC Grants Combine Economic Recovery And Addiction Recovery
By: Becca Schimmel | Jeff Young | Ohio Valley ReSource
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The Appalachian Regional Commission announced Thursday another $22.8 million in funding to 33 projects aimed at revitalizing economies in places affected by the decline in the coal industry. The awards are the latest in the ARC’s POWER Initiative, an acronym for Partnerships for Opportunity and Workforce and Economic Revitalization. Congress has funded the initiative for four years specifically… Read More
State Of The Union: ‘Tonight, I Ask You To Choose Greatness,’ Trump Says
By: Jessica Taylor | NPR
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The president’s second State of the Union address touched on many of his familiar themes and agenda items but also included moments and proposals that drew positive reaction from Democrats.
Government Shutdown Cut Into Economic Growth, CBO Says
By: Jim Zarroli | NPR
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A report says the shutdown reduced federal spending by $18 billion, although most of that will be recouped, now that the government has reopened.
Shutdown Will Be Worse For Economy Than First Thought, White House Says
By: Emily Sullivan | NPR
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White House officials reportedly say that each week of the shutdown will subtract 0.1 percentage point from growth — double the administration’s original estimate.