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Jobs services issues weekly unemployment report

Staff report The Ohio Department of Job and Family Services reported Thursday that Ohioans filed 4,754 initial unemployment claims last week, which were 900 fewer than the previous week. Ohioans filed 40,552 continued unemployment claims last week, which was 711 more than the previous week. The total number of claims filed from May 17-23 was 45,306. Ohio’s unemployment rate in April was 3.9%. The national unemployment rate in April was 4.3%. Ohio’s labor force participation rate in April was 61.9%. The national labor force participation rate in April was 61.8%.

Is cautious retirement spending doing you more harm than good?

When we were children, it was common to be afraid of the boogeyman. As we age, the boogeyman gets replaced with a new fear: running out of money in retirement. This concern is understandable given so many Americans are now responsible for not only building their retirement savings but also ...

Business briefs

JA DONATION: Building a solid economy for the Mahoning Valley’s future will mean educating young people to make wise financial decisions. Junior Achievement of Eastern Ohio is an organization dedicated to that mission. It is now developing a dynamic new facility to do that at the Eastwood Mall Complex, The JA Discovery Center. To help facilitate this ambitious project, The Cafaro Foundation is donating a grant of $100,000. “It is so important that we create strong financial literacy for our children,” said William A. Cafaro, a trustee of The Cafaro Foundation. “We hope this ...

Edmunds: 5 least expensive new cars to buy in ’26

Buying a car is a major investment, especially when everyday costs keep rising. It can seem especially daunting given that the average price of a new vehicle is close to $50,000 in 2026. This is why the experts at Edmunds have compiled a list of the five least expensive vehicles on sale in 2026. While there are certain qualities that you’re just not going to find in a budget-priced vehicle — powerful acceleration, for example, or leather seating — the five vehicles here all come with a respectable amount of features for the price. In Edmunds’ evaluation testing, they also ...

Caesars Entertainment, a Las Vegas Strip icon, is sold for nearly $6 billion

LAS VEGAS (AP) — Billionaire hospitality mogul Tilman Fertitta is acquiring Caesars Entertainment for almost $6 billion, a merger that would create one of the largest casino companies in the world. Caesars became an iconic name after the opening of Caesar’s Palace on the Las Vegas Strip ...

Business briefs

Workers receive schedules to start at Amazon facility Amazon has issued job assignments to employees of its new distribution center at 711 Perkins Jones Road, Bazetta. A work schedule obtained by the Tribune Chronicle shows a start date of June 8. An email to Amazon’s media relations for comment was not returned as of Wednesday. Construction on the $30 million distribution center began in February 2025. The e-commerce giant purchased approximately 60 acres on Jan. 22, 2025, according to the Trumbull County Auditor’s office, for $918,450. The project is estimated to ...