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Ohio Retailers Expecting a Slight Spending Boost this Holiday Over Last Year
By: Karen Kasler | Statehouse News Bureau
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Ohio’s more than 7,000 retailers are expecting a slight increase in sales this holiday season over last year, though where those spending increases are projected may be a surprise. For the eighth year in a row, Ohioans are expected to spend more this holiday season than the previous year. The Ohio Council of Retail Merchants… Read More
As Oil Prices Drop And Money Dries Up, Is The U.S. Shale Boom Going Bust?
By: Darius Rafieyan | NPR
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The boom that helped make the U.S. the world’s largest oil producer could be ending. Oil prices are down amid weak demand and investors no longer seem willing to write the industry a blank check.
Journalists Ask Athens Community to Set the Agenda
By: Doug Oplinger | Your Voice Ohio
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Across Ohio, journalists have been holding community conversations to ask: What will it take to make life better here? The next media sponsored conversation, open to the public, comes to Ohio University in Athens, 6-8 p.m. Thursday Nov. 21, with food and open table conversations about what people in Southeast Ohio communities need to improve… Read More
As The Climate Warms, Companies Are Scrambling To Calculate The Risk To Their Profits
By: Dan Charles | NPR
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Companies are trying to figure out the risks to their profits from a warming planet. Some of them are turning to high-tech tools of climate science.
The Trade War Has Taken A Bite Out Of China’s Economy — But It’s Complicated
By: Jolie Myers | Ailsa Chang | Sam Gringlas | Mallory Yu | NPR
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China’s economic growth has been slowing down for years. Tariffs have contributed to slower growth since early 2018, when the economic standoff began, but it’s hard to pinpoint how much.
The Coal Town Betting Big On Outdoor Recreation
By: Brittany Patterson | Ohio Valley ReSource
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Standing on the breezy outlook at Flag Rock Recreation Area, Norton City Manager Fred Ramey is taking in the panoramic view of downtown Norton, Virginia. The brick building-lined streets are framed by the verdant, rolling Appalachian mountains. Jagged, brown scars from mountaintop mining operations can be seen in the distance, reminders of the region’s history… Read More
U.S. Income Inequality Worsens, Widening To A New Gap
By: Bill Chappell I NPR
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The gap between the richest and the poorest U.S. households is now the largest it’s been in the past 50 years, the U.S. Census Bureau says.
Kentucky Unemployment Rate Rises Slightly in August
By: Associated Press
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FRANKFORT, Ky. (AP) — Kentucky officials say the state’s unemployment rate rose slightly in August. The Kentucky Center for Statistics says the state’s seasonally adjusted jobless rate was 4.4% last month. The preliminary figure is up from the 4.3% rate in July. Last month’s rate was unchanged from the statewide jobless rate in August 2018…. Read More
Fed Cuts Key Interest Rate Again
By: Associated Press
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WASHINGTON (AP) – The Federal Reserve is cutting rates for a second time this year while saying it’s prepared to continue doing what it deems necessary to sustain the U.S. economic expansion. The Fed’s move will reduce its benchmark rate by an additional quarter-point to a range of 1.75% to 2%. The Fed’s key rate… Read More
Fed Eyes Another Interest Rate Cut To Prop Up The Slowing Economy
By: Scott Horsley | NPR
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The Federal Reserve is widely expected to cut interest rates by a quarter percentage point. That could give a lift to the stock market but may not do much to help the economy amid the trade war.
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