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New ARC Grants Combine Economic Recovery And Addiction Recovery
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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