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WATCH: How the IMF is Trying to Reduce the Economic Fallout of Novel Coronavirus
By: PBS Newshour
Posted on:
Restrictions intended to control the global outbreak of novel coronavirus continue to increase. In many countries, schools are closed, travelers face quarantine and business has ground to a halt. PBS… Read More
Fed Cuts Interest Rates In Emergency Response To Coronavirus
By: Jim Zarroli | Scott Horsley | NPR
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The Federal Reserve’s move was unusual, coming between regularly scheduled policy meetings. Officials also left open the possibility of further cuts if the economic damage gets worse.
Despite Job Boom, More Men Are Giving Up On Work
By: Jim Zarroli | NPR
Posted on:
The long economic recovery has brought unemployment to historic lows. But the number of men in the labor force during their prime working age has dropped significantly over the past 50 years.
WATCH: Why More Older Workers are Finding Themselves Unemployed as Retirement Approaches
By: PBS Newshour
Posted on:
Many Americans plan to do the bulk of their retirement saving in their 50s. But what happens if you lose your job at that age instead? According to researchers, the… Read More
Amid Climate Debate and Coal’s Decline, West Virginia Considers its Future
By: Brittany Patterson | Ohio Valley ReSource
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On a recent soggy Wednesday evening, dozens of West Virginians packed a conference room inside the Charleston Coliseum and Convention Center to discuss the need for a “just transition” for… Read More
Analyst: Income Tax Limits Plan Could Harm Ohio Bond Rating
By: Associated Press
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COLUMBUS, Ohio (AP) – A fiscal analyst has warned lawmakers that a proposal to make it harder to raise the state income tax could harm Ohio’s bond rating. At issue… Read More
WATCH: What Does the Data Say About Trump’s Economic Policies?
By: PBS Newshour
Posted on:
In his State of the Union, President Trump emphasized U.S. economic growth, arguing that his administration’s policies are driving it. Friday’s jobs report, which was stronger than many analysts had… Read More
Where Trump’s 2019 State Of The Union Promises Stand
By: Barbara Sprunt | Domenico Montanaro | NPR
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The State of the Union this year may make for a seriously awkward moment. House Speaker Nancy Pelosi will be seated over President Trump’s left shoulder Tuesday, less than two… Read More
Report Finds Many Ohio Valley Communities At Deep Disadvantage in Health, Wealth
By: Becca Schimmel | Ohio Valley ReSource
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A new report finds the Ohio Valley has some of the most disadvantaged communities in the country. The study comes from the University of Michigan’s Poverty Solutions, an initiative to eliminate or… Read More
Ohio Valley Outlook: Expect A Slower Regional Economy In 2020
By: Becca Schimmel | Ohio Valley ReSource
Posted on:
The Ohio Valley’s economy could see slower growth in 2020 amid continued anxiety about trade, and possible downturns in both energy and manufacturing, according to analyses and forecasts by regional… Read More
A Decade After A Fearful Market Hit Bottom, Stock Bulls Continue Historic Run
By: Jim Zarroli | NPR
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The S&P 500 has seen a nearly fivefold increase since the depths of the Great Recession. But some analysts say the bull market may have gone on too long, encouraging investors to take more risks.
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… 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… 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
Posted on:
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… 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
Posted on:
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… Read More
Fed Cuts Key Interest Rate Again
By: Associated Press
Posted on:
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…. Read More
Fed Eyes Another Interest Rate Cut To Prop Up The Slowing Economy
By: Scott Horsley | NPR
Posted on:
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.
Tepid U.S. Jobs Report Adds To Economic Jitters
By: Scott Horsley | NPR
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The Labor Department says U.S. employers added 130,000 jobs in August, fewer than private analysts had expected. The unemployment rate was unchanged at 3.7%.
Deepening Fears About The Global Economy Send Stocks Falling Again
By: Jim Zarroli | NPR
Posted on:
Stocks resumed their slide, amid escalating fears that the U.S.-China trade war will further damage a worldwide economy that’s already slowing. Central banks in Asia and New Zealand cut rates.
Trump Taps Health Care Expert As Acting Top White House Economist
By: Scott Horsley | NPR
Posted on:
President Trump had been expected to nominate Tomas Philipson as permanent chair of his Council of Economic Advisers. Philipson, an expert on health economics, succeeds Kevin Hassett.
Hiring Rebounds In June As Employers Add 224,000 Jobs
By: Scott Horsley | NPR
Posted on:
Job growth rebounded strongly last month as employers added 224,000 jobs. That followed a disappointing May when employers added just 72,000 jobs.
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