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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.
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.
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
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,
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.
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.
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
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.
A report says the shutdown reduced federal spending by $18 billion, although most of that will be recouped, now that the government has reopened.
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.