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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.
New ARC Grants Combine Economic Recovery And Addiction Recovery
By: Becca Schimmel | Jeff Young | Ohio Valley ReSource
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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… Read More
State Of The Union: ‘Tonight, I Ask You To Choose Greatness,’ Trump Says
By: Jessica Taylor | NPR
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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.
Government Shutdown Cut Into Economic Growth, CBO Says
By: Jim Zarroli | NPR
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A report says the shutdown reduced federal spending by $18 billion, although most of that will be recouped, now that the government has reopened.
Shutdown Will Be Worse For Economy Than First Thought, White House Says
By: Emily Sullivan | NPR
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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.
W.Va. Tax Collections Above Estimates For 9th Straight Month
By: Associated Press
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CHARLESTON, W.Va. (AP) – West Virginia revenue collections have surpassed tax estimates for nine consecutive months. Gov. Jim Justice announced Tuesday that collections in December were $44.8 million above estimates…. Read More
West Virginia Governor: November Revenue Far Above Estimates
By: Associated Press
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CHARLESTON, W.Va. (AP) – West Virginia Gov. Jim Justice says state revenue collections have surpassed tax estimates for eight consecutive months. Justice announced Tuesday that collections in November were $18.8… Read More
Ohio’s Leaders React To News Of GM’s Decision To Close The Lordstown Auto Assembly Plant
By: Jo Ingles | Statehouse News Bureau
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News that GM will be idling its Lordstown factory on March 1st is prompting Ohio’s leaders to issue angry statements in news releases and on social media. John Kasich said he’ll… Read More
China Announces Retaliatory Tariffs On $60 Billion In U.S. Goods
By: Camila Domonoske | NPR
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Earlier this week, the Trump administration threatened to increase tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent. China quickly vowed to take countermeasures.
U.S. Economy Added 157,000 Jobs In July; Unemployment Dips To 3.9 Percent
By: Avie Schneider | NPR
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The economy continued to add jobs at a steady pace last month and the unemployment rate remained low. Analysts have been looking for signs that wage growth might pick up, but it held steady, too.
Despite Strong Economy, Federal Deficit Soars
By: Scott Horsley | NPR
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Even with a healthy job market and rapid economic growth, the federal government is piling up debt. The government’s deficit is expected to top $1 trillion next year.
How Fast Did The Economy Grow? Forecasts Are All Over The Place
By: Jim Zarroli | NPR
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President Trump is eager to tout a fast-growing economy, boosted by the tax cuts he pushed through Congress. That makes Friday’s report on gross domestic product a highly anticipated news event.
Interest Rates Expected To Go Up, With More Hikes To Come
By: John Ydstie | NPR
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The Fed has signaled that a total of three increases are likely in 2018. This would be the second. But, with unemployment low, the Fed could add more rate hikes to avoid sparking higher inflation.
Amazon To Build 6th Distribution Center In Ohio
By: Associated Press
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COLUMBUS, Ohio (AP) — Internet retail giant Amazon says it plans to build another large distribution center in Ohio.The Columbus Dispatch reports the newest center will employ 1,500 people in… Read More
Trader Woes: Region’s Bourbon, Beans And More Could Suffer Under Tariffs
By: Becca Schimmel | Ohio Valley ReSource
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Bottles of bourbon make their way through the assembly line at Maker’s Mark, one of ten distilleries on the Kentucky bourbon trail. They’re cleaned, filled, capped and then dipped in the… Read More
Tariff-ic Impact: Ohio Valley Awaits Trump Decision On Steel, Aluminum
By: Becca Schimmel | Ohio Valley ReSource
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The Ohio Valley was once synonymous with steel. Even after the industry’s sharp decline the region is still home to many industries that produce or use steel and aluminum. Those… Read More
WVU Economists See Ongoing Gains In State Economy
By: Associated Press
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MORGANTOWN, W.Va. (AP) – West Virginia University economists say their business index shows a 2 percent improvement in the state’s economy from a year ago. Their Mountain State Business Index… Read More
Ford Starts Production Of New Engines In Cleveland
By: Associated Press
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Ford says it is starting production of two new engines at its plant in Cleveland. The company said Friday that production is beginning at the plant on the 2.0-liter and… Read More
Students Compete in Battle of Trades
By: Tyler Buchanan | The Athens Messenger
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Dakota Harris tried to block out the chaos surrounding him, a dozen hammers and saws flying all over the place, and focus on his work. Confined to a small 10-foot-by-10-foot… Read More
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