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Federal CHIPS funds reinvigorated the Intel project in Ohio, but its timing and scale are still murky
By: Sarah Donaldson | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — As the federal government begins to fork over its long-awaited CHIPS and Science Act money, the Intel chief executive officer is out the door,… Read More
A new report shows Ohio workers are earning more money but many don’t realize it due to inflation
By: Jo Ingles | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — There’s good news for working Ohioans – at least when you look at a new report on wages and the economy. They are earning more…. Read More
After a decades-long decline in teen employment, Gen Z is reversing the trend
By: PBS Newshour
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WASHINGTON, D.C. (NewsHour) — The latest jobs report showed an unexpected surge in hiring. The leisure and hospitality sector has been growing at a steady clip and added over 42,000… Read More
Why rents are still higher in much of the U.S. than before the pandemic
By: PBS Newshour
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WASHINGTON, D.C. (NewsHour) — Rents today are well above what they were before the pandemic. According to a recent Gallup poll, Americans’ second-highest personal finance concern this election year is… Read More
Cleveland-Cliffs will shutter its West Virginia tin plant and lay off 900 after a tariff ruling
By: John Raby | AP
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CHARLESTON, W.Va. (AP) — Cleveland-Cliffs announced Thursday that it is shutting down a northern West Virginia tin production facility indefinitely and plans to lay off 900 workers after the International… Read More
Democratic Gov. Andy Beshear calls for unity in GOP-leaning Kentucky to uplift the economy and education
By: Bruce Schreiner | AP
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FRANKFORT, Ky. (AP) — Democratic Gov. Andy Beshear reached across the partisan divide Wednesday night to urge a unified effort with Republican lawmakers to uplift education, health care and the… Read More
With Ohio state grants in hand, Intel says it’s waiting to hear about federal money
By: Sarah Donaldson | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — The state of Ohio has already disbursed $600 million in onshoring grants to Intel, which is in the process of constructing sizeable computer chip… Read More
The Fed held interest rates steady — but the fight against inflation is not over yet
By: Scott Horsley | NPR
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WASHINGTON (NPR) — The Federal Reserve left interest rates unchanged Wednesday, but signaled that future rate hikes are still possible if that’s what it takes to curb stubborn inflation. This was… Read More
Why the average American family’s net worth increased 37% during the pandemic
By: Scott Horsley | NPR
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WASHINGTON (NPR) — Americans’ family net worth overall improved in recent years, despite the economic upheaval caused by the pandemic, according to a new survey from the Federal Reserve. The… Read More
Social Security recipients will get a smaller increase in benefits as inflation cools
By: Scott Horsley | NPR
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WASHINGTON (NPR) — Inflation held steady last month — and for retirees who depend on Social Security, the pace of price hikes means a more modest, though still welcome, cost-of-living… Read More
6 big purchases that can save energy and money at home (plus budget-friendly options)
By: Jeff Brady | NPR
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WASHINGTON (NPR) — Driving a car, making dinner, heating water and turning on the air conditioner — our everyday actions emit some of the greenhouse gases that contribute to climate… Read More
The Federal Reserve holds interest rates steady but hints at more action this year
By: Scott Horsley | NPR
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WASHINGTON (NPR) — The Federal Reserve left interest rates unchanged Wednesday, but signaled that it’s open to additional rate hikes in the future, if necessary, to combat stubborn inflation. “In… Read More
4 reasons why your car insurance premium is soaring
By: Scott Horsley | NPR
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Updated September 13, 2023 at 8:52 AM ET WASHINGTON (NPR) — It’s not only car prices that are giving drivers sticker shock these days — it’s also happening when they… Read More
Ohio’s economy is hot. What will make it even better for workers and businesses?
By: Karen Kasler | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — Ohio’s economy is tipping toward workers, after years of favoring businesses and employers. That’s the conclusion in an annual report from a progressive think… Read More
Why unpaid internships still exist despite hardships for young workers
By: PBS Newshour
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WASHINGTON, D.C. (PBS NewsHour) — Internships can give a leg up to students starting their careers. According to the National Association of Colleges and Employers, more than half of internships… Read More
How high tensions between China and the U.S. are impacting American companies
By: David Gura | NPR
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WASHINGTON, D.C. (NPR) — Tensions between China and the U.S. are running high — and that’s leaving American companies having to carefully navigate their approach to a key player in… Read More
Fed Chair Jerome Powell warns the fight against inflation is far from over
By: Scott Horsley | NPR
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WASHINGTON (NPR) — Federal Reserve Chair Jerome Powell said on Friday inflation is still too high, and he warned that restoring price stability will likely require an extended period of… Read More
5 ways to start a financial self-care routine
Updated August 21, 2023 at 7:58 AM ET WASHINGTON (NPR) — We’re supposed to do things routinely for our health, like brushing our teeth, showering and exercising. And there are… Read More
Inflation got a little higher in July as prices for rent and gas spiked
By: Scott Horsley | NPR
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WASHINGTON (NPR) — The rising cost of rent, gas and groceries pushed the annual inflation rate slightly higher last month. Consumer prices in July rose 3.2% from a year ago…. Read More
New car prices are cooling, but experts say you still might want to wait to buy
By: Joe Hernandez | NPR
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WASHINGTON (NPR) — Some welcome news for potential car buyers: dealerships are taking their foot off the gas on new car prices. According to Kelley Blue Book, the average transaction… Read More
Amazingly, the U.S. job market continues to roar. Here are the 5 things to know
By: Scott Horsley | NPR
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WASHINGTON, D.C. (NPR) — It’s still a good time to be looking for a job. The latest employment report from the Labor Department showed the country’s job market remained red… Read More
Biden and McCarthy gear up for the next round of debt ceiling talks
By: Barbara Sprunt | NPR
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WASHINGTON (NPR) — House Speaker Kevin McCarthy and President Biden are expected to meet Monday afternoon for a face to face meeting on addressing the debt ceiling — with less… Read More
Inflation eased in March but prices are still climbing too fast to get comfortable
By: Scott Horsley | NPR
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WASHINGTON (NPR) — Inflation cooled last month, thanks in part to falling gasoline prices, but the rising cost of services such as travel and restaurant meals continues to stretch people’s… Read More
Where did the workers go? Construction jobs are plentiful, but workers are scarce
By: Mary Yang | NPR
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WASHINGTON (NPR) — When President Biden inked the $1 trillion deal to give roads, bridges and transit systems a boost, union officials and business leaders said a large scale investment… Read More
The Fed raises interest rates again despite the stress hitting the banking system
By: Scott Horsley | NPR
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Updated March 22, 2023 at 2:28 PM ET WASHINGTON (NPR) — The Federal Reserve raised interest rates for the ninth time in a row on Wednesday, opting to continue its… Read More
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