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COHORT GRADUATE: Mara Cunningham, founder of Yo! Crash and a client of the Minority Business Assistance Center, an Ohio Department of Development program hosted at YBI, has graduated from Goldman Sachs’ One Million Black Women Black in Business Cohort 9. The program is a national business education program held at Goldman Sachs’ New York headquarters. Cunningham was one of 305 entrepreneurs selected for Cohort 9 out of thousands of applicants, an acceptance rate of about 6%. The cohort collectively represents more than $25 million in revenue and completed 100 hours of coursework ...

Cadillac Lyriq’s launch control is exhilarating

If you left this planet a few decades ago, you missed Cadillac’s transformation from a floaty land yacht to a high-performance vehicle competing with six figure domestic and imports. The V-Series Cadillac started the trend in 2004 going head-to-head with BMW’s M Series. It was followed by the Blackwing supercharged track car six years later boasting 668 horsepower while hitting the 60 mile-per-hour mark in 3.4 seconds. The evolution continued with a luxury plug-in hybrid in 2013 offering 37 miles of electric power but the ELR model fizzled three years later due to its high ...

Wall Street slips from its record following the latest weak update on the US economy

NEW YORK (AP) — The U.S. stock market edged back from its all-time high Friday following the latest report on the economy to come in surprisingly weak, this time about how much shoppers are spending at retailers. Such data could keep interest rates low, which is something Wall Street loves, but it also raises the risk of a slowing economy when inflation is still high. The S&P 500 slipped 0.2% from its record set the day before. The Dow Jones Industrial Average dipped 107 points, or 0.2%, and the Nasdaq composite sank 0.3%. Stocks gave up modest gains from early in the morning after ...

Initial weekly unemployment claims down

Staff report Ohioans filed 4,166 initial unemployment claims the week of Aug. 2-8, which was 251 fewer than the previous week. Ohioans filed 41,557 continued unemployment claims last week, which was 710 fewer than the previous week. The total number of claims filed for the period was 45,723. Ohio’s unemployment rate in June was 3.6%. The national unemployment rate in June was 4.2%. Ohio’s labor force participation rate in June was 61.6%. The national labor force participation rate in June was 61.5%.

A surprise credit after an overseas purchase: The tariff refunds now flowing through shippers

NEW YORK (AP) — If you bought something from an overseas vendor last year, it might be time to check your bank account. Shippers including FedEx and UPS that acted as customs brokers for imported packages and received tariff refunds from the U.S. government have started to pass on those refunds to the customers that originally paid the tariffs. The refunds to consumers are the last step in a monthslong process that kicked off in February when the Supreme Court struck down sweeping tariffs implemented by President Donald Trumpin March 2025 under the 1977 International Emergency ...