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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
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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
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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
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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… 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… 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…. 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.
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
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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
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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
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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… 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.
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