Staff, wire report General Motors is laying off about 1,700 workers across manufacturing sites in Lordstown and Michigan as the auto giant adjusts to slowing demand for electric vehicles. The Detroit News first reported the cuts Wednesday — covering about 1,200 jobs at an all-electric ...
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed Chair Jerome Powell also cautioned that further rate cuts weren’t guaranteed, citing the ...
WASHINGTON (AP) — The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring. A cut Wednesday would be the second this year and could benefit consumers by bringing down ...
A specialized steel producer expects to create 40 full-time positions after receiving state assistance Monday to expand its Youngstown operations. The Ohio Tax Credit Authority, meeting in Columbus, approved a 1.126%, seven-year Job Creation Tax Credit for Vallourec Star LP’s project. ...
NEW YORK (AP) — Stocks climbed to more records on Monday ahead of a week packed with potentially market-moving events for Wall Street. The S&P 500 rose 1.2%. The Dow Jones Industrial Average added 337 points, or 0.7%, and the Nasdaq composite jumped 1.9%. Each of the trio set an ...
Ghouls, goblins … and gummy bears. Trick-or-treaters may find more fruity candy than chocolate among their Halloween handouts this year. That should be fine with younger consumers, who have been gravitating for years toward non-chocolate candies like gummies, freeze-dried treats and other ...